Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,880.70 −0.1% Silver 48.70 −2.7% Copper 6.05 −2.3% Oil 89.14 +0.5% Palladium 998.50 +0.7% AUXX 5.07 −2.9% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% XTG 2.10 +5.0% RUA 1.07 −2.7% TUF 0.620 +0.0% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.345 +1.5% BBB 0.500 +0.0% NGC 0.055 −8.3% ABRA 10.41 −3.4% OBUL 0.345 +0.0% MKO 10.40 −3.9% Gold 3,880.70 −0.1% Silver 48.70 −2.7% Copper 6.05 −2.3% Oil 89.14 +0.5% Palladium 998.50 +0.7% AUXX 5.07 −2.9% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% XTG 2.10 +5.0% RUA 1.07 −2.7% TUF 0.620 +0.0% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.345 +1.5% BBB 0.500 +0.0% NGC 0.055 −8.3% ABRA 10.41 −3.4% OBUL 0.345 +0.0% MKO 10.40 −3.9%
Earnings Neutral

Gold X2 Files Third Quarter 2026 Financial Statements

Gold X2 confirms Moss project status as stock consolidates.

Executive Summary

Gold X2 Mining Inc. (AUXX) filed its third quarter 2026 financial statements and Management’s Discussion and Analysis (MD&A) with Canadian securities regulators. The release reiterates the updated National Instrument 43-101 (NI 43-101) mineral resource estimate (MRE) for the Moss and East Coldstream Deposits, showing 2.458 million ounces of Indicated gold at 1.04 g/t Au and 4.209 million ounces of Inferred gold at 0.97 g/t Au.

The filing also restates the Preliminary Economic Assessment (PEA) findings, which suggest the potential for a long-life mining operation with strong production profiles and low costs. No new financial metrics, drilling results, or project milestones are disclosed in the release text.

Material Impact

Gold X2 Mining Inc. (AUXX) filed a standard regulatory compliance update, presenting mineral resource and economic data identical to prior filings from the first and second quarters of 2026, as well as the fiscal year 2025 report. The release confirms the company’s ongoing adherence to regulatory timelines and its continued execution of the 2026 drill program.

The market has already priced in the preliminary economic assessment valuation, strategic investments from AngloGold Ashanti and Hess Capital, and the NSR spinout announcement made earlier in 2026. The absence of new operational data or financial surprises means the release does not alter the company's development trajectory or valuation framework.

AUXX · Price
Company Overview

Gold X2 Mining Inc. (AUXX) is a Canadian gold exploration and development company focused on the Moss Gold Project in Northwest Ontario. The Moss Gold Project is a 100% owned, advanced-stage asset with direct highway access, nearby hydroelectric power, and supportive local communities.

The project features a robust geological model with multiple zones (QES, Main, Superion, Span, Deaty Trend) demonstrating wide, continuous mineralization and high-grade shoots. The PEA outlines a 30,000 t/d open-pit operation with a 13.2-year mine life, targeting an after-tax NPV5% of $2.23 billion and an IRR of 22.1% at a gold price of $2,750/oz.

The company is actively expanding its land package through acquisitions (Kesselrun, Bold Ventures, Star Lake) to secure district-scale exploration potential.

Read the original news release →

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