Gold X2 Files Technical Report for the Huronian Gold Project

Executive Summary

• Gold X2 Mining filed a NI 43‑101 technical report for the high‑grade Huronian Gold Project, which will be transferred to Gold X2 upon completion of its proposed acquisition of Kesselrun Resources.
• The Huronian project adds 293 contiguous mineral claims (≈4,777 ha) and four mining patents adjacent to Gold X2’s flagship Moss Gold Project, strengthening the company’s land position in the Shebandowan Greenstone Belt.
• Kesselrun has obtained a Supreme Court interim order to hold a special shareholders’ meeting to approve the transaction; completion remains subject to shareholder, court, TSX‑V, and other customary approvals.

Key Details

• Technical Report: “Technical Report, Geological Introduction to Gold X2 Mining Inc.’s Huronian Gold Project, Northwestern Ontario, Canada,” effective 12 Sep 2025, filed on SEDAR+. Prepared by independent QPs Michael B. Dufresne, M.Sc., P.Geo., and D. Roy Eccles, M.Sc., P.Geol., P.Geo.
• Project Scope: 293 contiguous unpatented claims (4,777 ha) + four patented claims (404.3 ha); includes historic Ardeen Mine area; located ~105 km west of Thunder Bay, directly adjacent to Moss Gold Project.
• Exploration Permit: Early permit obtained 13 Aug 2025 for a three‑year term; additional water and road permits will be applied for as exploration progresses, in coordination with Indigenous communities.
• Transaction Status: Kesselrun received an interim Supreme Court order authorizing a special shareholders’ meeting to vote on the acquisition. Completion pending: shareholder approval, final court sanction, TSX‑V acceptance, and standard closing conditions.
• Strategic Rationale (CEO Quote): “The Huronian Gold Project is a highly prospective, past‑producing asset that complements our flagship Moss Gold Project… Collectively, the Moss and Huronian projects will significantly strengthen our land position and exploration potential across the Shebandowan Greenstone Belt.” – Michael Henrichsen, President & CEO, Gold X2.

Notable Quotes

• Michael Henrichsen, President & CEO: “The filing of the Huronian Technical Report marks another important step in advancing the proposed acquisition of Kesselrun…”