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Gold X2 Mining Inc. reports exploration and project-development updates for its 100%-owned Moss Gold Project in northwest Ontario, Canada. Company news centers on gold drilling, assay results, resource expansion and conversion work, and mineralized zones such as QES and Superion within and around the project's RPEEE pit shell.
Recurring updates also cover NI 43-101 technical reporting for the Moss preliminary economic assessment, annual Canadian disclosure documents, surface exploration along mineralized trends, geophysical and geochemical survey work, and management or sustainability appointments tied to advancing the project through permitting, community engagement, and environmental planning.
Gold X2 (OTCQB: GSHRF) filed an independent NI 43-101 technical report covering a Preliminary Economic Assessment (PEA) for its 100% owned Moss Gold Project in Northwest Ontario.
The Report is dated March 12, 2026, with an effective date of January 26, 2026, prepared by G Mining Services and approved by QP Nicolas Vanier-Larrivée. The full Report is available on the company website and SEDAR+.
Gold X2 (OTCQB: GSHRF) reported drill results from Moss Gold Project on March 3, 2026 showing significant deep and near-surface intercepts. Key hits include 117.0m of 1.21 g/t Au (from 816m) with a 10.0m of 4.37 g/t Au higher-grade shoot ~280m below the RPEEE pit and near-surface expansion in the Superion Zone.
Company will follow up with step-out and wedged holes to test strike and continuity for potential pit deepening and underground potential.
Gold X2 Mining (OTCQB:GSHRF) reported full assays from 58 QES grade control holes (11,004m) at the Moss Gold Project on February 24, 2026. Results confirm wide, near-surface primary shear corridors with select intercepts including 87.0m @ 1.75 g/t Au and 83.0m @ 1.56 g/t Au.
Reconciliation shows combined intercept lengths are 32% wider than modelled while overall average grade is 13% lower due to newly identified low-grade secondary shears; results will inform Feasibility infill drilling and metallurgical sampling.
Gold X2 (OTCQB: GSHRF) reported assay results from four scout holes at the Bunker target on the 5km Deaty trend, Moss Gold Project, NW Ontario on February 5, 2026. Drilling discovered two parallel mineralized shears (Sand and Wedge) ~250m apart with notable intercepts including 17.0m @ 1.23 g/t Au and 5.6m @ 2.24 g/t Au. Additional targets along the Deaty trend will be drilled in Q1 2026, with follow-up Bunker drilling planned for late Q2 2026. The company also granted 2.1M options and 1.4M RSUs to management and consultants.
Gold X2 (OTCQB: GSHRF) reports final assays from its Main Zone grade control drilling at the Moss Gold Project (Jan 30, 2026), including wide, near-surface intercepts and a reconciliation versus the resource model.
Key outcomes: grade control drilling recorded 23% more intercept length versus modelled expectations and an 8% lower average grade, while delivering multiple high-grade intervals such as 49.0m @ 2.13 g/t Au and 15.0m @ 3.43 g/t Au.
Gold X2 (OTCQB: GSHRF) announced a non-brokered strategic financing package totaling $115,898,301 consisting of 75,659,611 Charity flow-through shares at $1.233 per share and 23,800,000 Units at $0.95 per Unit. AngloGold Ashanti will acquire 58,992,945 Charity FT Shares and hold approximately 9.9% of issued common shares on closing. Hess Capital (Michael Hess) will acquire 23,800,000 Units; each Unit includes one warrant exercisable at $1.42 until January 27, 2028. Proceeds will fund exploration and development of the Moss Gold Project; specified flow-through renouncements total $93,288,299.36 across two effective dates in 2026. Closings are expected in February 2026 and remain subject to TSXV approval and customary conditions.
Gold X2 Mining (OTCQB: GSHRF) released a PEA and updated MRE for the 100% owned Moss Gold Project (Ontario) effective Jan 2026. The PEA base case (US$2,750/oz) shows an after‑tax NPV5% of C$2.232B, IRR 22.1% and payback 3.2 years; a spot case (US$4,600/oz) yields NPV5% C$6.578B and IRR 48.6%. Average annual payable production is ~265,000 oz Au and 374,000 oz Ag over a 13.2‑year LOM. Initial capital is C$2.001B. Updated MRE reports Indicated 2.125 Moz Au and Inferred 3.91 Moz Au, with a 73% increase in Indicated ounces versus prior model.
Gold X2 Mining (OTCQB: GSHRF) signed a definitive agreement to assume Sky Gold's option on the Star Lake Property (10,540 ha), ~23 km east of its Moss Gold Project, expanding Gold X2's Shebandowan land package to 40,456 hectares. The staged earn-in gives Gold X2 rights to acquire 50%/75%/100% of the option interest subject to TSXV approval, defined cash, share issuances and exploration spends (including a $1,000,000 spend to March 14, 2028). Upon 100% acquisition Gold X2 may buy the mineral rights; a 2% NSR to the prospector remains with a $3M buyback right. Company to operate Star Lake and plans gradient-array geophysics in late 2026.
Gold X2 (OTCQB: GSHRF) announced the appointment of Michael Kanevsky as Chief Financial Officer, effective January 19, 2026. Kanevsky brings over 15 years of mining industry experience, including prior service as CFO at New Found Gold where he managed IFRS reporting, shelf prospectus and at-the-market equity offerings and dual listings.
The company granted Kanevsky 500,000 incentive stock options and 250,000 restricted share units; consultants received 850,000 options and 250,000 RSUs. The Options are exercisable at $0.64 per share and expire December 15, 2030. Management said the hire supports the company’s pursuit of a dual U.S. listing and capital markets objectives.
Gold X2 (OTCQB: GSHRF) completed a plan of arrangement on December 1, 2025 to acquire all shares of Kesselrun Resources, adding the 100% owned Huronian Gold Project contiguous to the Moss Gold Project. The acquisition adds 293 unpatented claims plus four patented cells (~5,181 hectares), bringing the Moss contiguous footprint to 28,977 hectares. Gold X2 also acquired a 100% interest in the non-core Bluffpoint Project (~9,134 hectares).
The company says the deal improves exploration upside along the Moss trend, optionality for mine infrastructure, and targets for near-surface high-grade ounces. Exploration on the new property is planned to begin in 2026. A separate proposed patent acquisition at the southwest end of the Moss Belt requires a final payment in October 2026.