Gold X2 Mining Inc Stock Price, News & Analysis

Goldshore Resources has announced new assay results from its ongoing 20,000-meter drill program at the Moss Gold Project in Northwest Ontario. The highlight includes the highest grade-thickness intersection ever reported by the company, with drill hole MQD-25-171 yielding 124.35m of 1.65 g/t Au, including 47.0m of 3.08 g/t Au.

Key drilling results include:

• MQD-25-171: 124.35m at 1.65 g/t Au from 295.0m
• MQD-25-170: 77.5m at 0.54 g/t Au from 203.5m

The drilling campaign targeted the QES Zone and its northern extension (QES Up), confirming the presence of shallow-plunging, higher-grade gold mineralization within core shears. The results demonstrate potential for additional plunging shoots and exceeded grade expectations based on the current Mineral Resource Estimate.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has announced new assay results from its ongoing 20,000-meter drill program at the Moss Gold Project in Northwest Ontario. The company has discovered additional mineralization between the Southwest and Main Zones, specifically in the Golden Gate area.

Key findings include:

• Two drill holes revealed new high-grade mineralization with a combined true width mineralized corridor of 75m connecting the two zones
• Notable intercepts include 12.9m of 2.64 g/t Au from 243.4m in MMD-25-165, including 4.4m of 6.59 g/t Au
• MMD-25-166 showed intercepts of 2.0m of 2.81 g/t Au and 5.4m of 1.59 g/t Au
• Two additional holes testing the surface extension of deep mineralized shear zones in the Main zone successfully identified their continuation

The winter drill program has been expanded by 5,000 meters to deepen the Southwest conceptual open pit and close the gap between the Southwest and Main pits.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has announced a 5,000-meter expansion of its winter diamond drilling program at the Moss Gold Project in Ontario, bringing the total program to 20,000 meters. The expansion comes as the current program nears completion under budget.

The additional drilling will focus on two main objectives: expanding the resource at the southwest portion of the deposit by drilling beneath the current conceptual open pit, and closing the gap between the Southwest and Moss Main pits. Recent results from drill hole MMD-24-139 showed promising intersections of 20.55m at 2.58 g/t Au, including 14.7m at 3.52 g/t Au from 458.15m depth.

The company believes this expanded program could significantly enhance the current Mineral Resource Estimate while positively impacting the project's economic performance.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has expanded its environmental data collection efforts at the 100%-owned Moss Gold Project in Ontario, Canada. The company has initiated several key programs:

- Extended surface water flow and quality sampling network (ongoing since mid-2021)
- Started water bore drilling in the proposed open pit area
- Completed seismic geophysics survey with 3D model delivery expected in Q2 2025
- Expanded aquatic and terrestrial biology studies to be completed by 2026
- Commenced environmental geochemical characterization of waste and mineralized rock
- Planning Stage 2 archaeological field studies with Indigenous communities for Q2/Q3 2025

CEO Michael Henrichsen emphasized the company's commitment to responsible development while acknowledging the growing political support for streamlined regulatory processes in resource development.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has announced new assay results from its ongoing 15,000-meter drill program at the Southwest Zone of the Moss Gold Project in Northwest Ontario. The drilling campaign has revealed significant shallow mineralization, with notable intercepts including:

- 25.89m of 1.15 g/t Au from 84.91m depth, including 3.17m of 6.8 g/t Au
- 25.0m of 0.68 g/t Au from 133m
- 8.0m of 2.53 g/t Au from 125m, including 4.2m of 4.57 g/t Au

The program has successfully brought mineralized shears toward the surface, effectively converting waste to ore. Additionally, mineralization has been extended beneath the conceptual open pit, suggesting potential for significant resource growth. The company has also discovered a new mineralized exhalative horizon with elevated gold and copper values, including 14.0m of 0.62 g/t Au and 0.41% Cu.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) has received approval from the British Columbia Registrar of Companies to extend its 2025 Annual General Meeting (AGM) deadline. The company's original AGM requirement was set for April 23, 2025, but has now been extended to October 23, 2025.

Goldshore Resources (GSHRF) has announced significant results from its ongoing 15,000-meter drill program at the Moss Gold Project in Northwest Ontario. The company has discovered a new shallow zone at the Superion prospect, yielding impressive results of 17.6m of 3.03 g/t Au, including 6.8m of 7.06 g/t Au at approximately 60m depth below surface.

The new mineralization at Superion is located 225m north of the QES Zone and shows potential to significantly enhance the current mineral resource estimate within the top 200 meters. Key highlights include:

• Discovery of a new gold-mineralized shear with notable silver content (9.62 g/t Ag)
• Southwest Zone drilling revealed multiple mineralized intercepts, including 10.0m of 0.79 g/t Au and 12.0m of 0.98 g/t Au
• The target area spans 1,500m by 400m of sparsely tested territory

The company believes this discovery could potentially reduce the overall strip ratio of the deposit and improve the economic performance of the project.

Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has announced new assay results from its ongoing 15,000-meter drill program at the Moss Gold Project in Northwest Ontario. The latest results show significant mineralization extension, with hole MMD-24-139 intercepting 20.55m of 2.58 g/t Au from 458.15m, extending gold mineralization 150 meters below the conceptual open pit resource.

The winter drill program aims to expand the current resource model by extending mineralization within the top 100-200 meters from surface and demonstrating potential growth outside the current mineral resource estimate. Multiple drill holes, including MMD-24-135, MMD-24-138, and MMD-24-139, have successfully extended mineralized shears toward the surface in the Southwest Zone, with various notable gold intercepts.

The drilling program focuses on infilling gaps within the current model and testing the up-dip potential of lower-grade shear zones. Results demonstrate potential for resource expansion at higher grades in the southwest area of the Moss deposit.

Goldshore Resources has announced significant results from its 15,000-meter drill program at the Moss Gold Project in Northwest Ontario. The first three holes have successfully demonstrated mineralization expansion within the top 100-200 meters from surface, with notable results including:

The first hole (MMD-24-133) yielded 79.0m of 1.28 g/t Au from 27.0m depth, including several high-grade shear zones. The second hole (MMD-24-134) extended mineralization above known resources with intercepts of 21.85m of 0.66 g/t Au from 4.5m depth.

These results will enable modeling of mineralized shear zones to surface in areas currently modeled as waste, potentially adding approximately 75 meters to the Southwest Zone mineralized shear corridor's width. The ongoing winter drill program aims to add ounces to the current resource model and potentially reduce the strip ratio of the deposit.

CEO Michael Henrichsen noted that these results could enhance the project's economic performance by adding to the ounce production profile in the initial years of mine life. The current PEA being completed by G Mining Services represents a conservative case as it won't include winter drill program results.