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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.
Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF) has signed an Impact Benefit Agreement (IBA) Term Sheet with Lac des Mille Lacs First Nation for the Moss Gold Project in Ontario, Canada. The agreement marks a crucial step towards negotiating a full IBA, building upon their Early Exploration Agreement from June 2022.
The Term Sheet outlines key collaboration areas including regulatory and environmental engagement, employment opportunities for First Nation members, and project consent. Both parties aim to conclude IBA negotiations within 12 months, demonstrating their commitment to ensuring long-term community benefits and sustainable project development.
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.