Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Gold X2 Announces New Superion Shear with Intercept of 9.0m of 3.13 g/t Au Including 3.95m of 6.94 g/t Au

Advancing the Moss Gold Project toward production

Executive Summary
  • On April 6 2026 Gold X2 released final assay results from its 2025 winter drilling program at the Moss Gold Project.
  • Highlight intercepts include a 9.0 m interval grading 3.13 g/t Au (containing 3.95 m @ 6.94 g/t Au) in hole MQD‑25‑327, interpreted as a Superion‑style shear.
  • Additional near‑surface shears south of the QES Zone returned 42.0 m @ 0.47 g/t Au and 16.7 m @ 1.04 g/t Au.
  • The company granted 150,000 stock options at an exercise price of $1.49 per share (five‑year term) and entered market‑making and digital‑media service agreements.
Material Impact
  • The drilling results are consistent with the ongoing winter program previously disclosed in early‑2026 releases; they represent incremental progress rather than a surprise breakthrough.
  • No new financing, major corporate transaction, or material change to project economics was announced alongside the assay update.
  • Therefore the news is routine – positive: it confirms continued high‑grade mineralization and supports the resource expansion thesis already priced in by the market.
AUXX · Price
Company Overview

Gold X2 Mining Inc. is a TSX‑Venture listed explorer focused on advancing its 100 % owned Moss Gold Project in Northwestern Ontario. The project hosts an open‑pit and underground‑ amenable gold deposit with: - Indicated resource: 1.535 Moz Au @ 1.23 g/t (38.96 Mt)
- Inferred resource: 5.198 Moz Au @ 1.11 g/t (146.24 Mt) – per the September 2025 investor presentation. - The Preliminary Economic Assessment filed March 12 2026 estimates an after‑tax NPV₅% of C$2.23 bn at a US$2,750/oz gold price, with low AISC (~US$1,188/oz) and a 3.2‑year payback. - Infrastructure includes direct Trans‑Canada Highway access, nearby hydroelectric power, and a skilled local workforce.

Read the original news release →

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