Northwire Canada EditionMonday, August 10, 2026
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TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.385 −1.3% SSE 0.085 −5.6% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.87 +9.4% NBY 0.080 −15.8% HBM 38.73 +0.8% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.065 +0.0% SCD 0.225 +15.4% LXE 0.180 +24.1% SIG 1.02 +4.1% TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.385 −1.3% SSE 0.085 −5.6% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.87 +9.4% NBY 0.080 −15.8% HBM 38.73 +0.8% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.065 +0.0% SCD 0.225 +15.4% LXE 0.180 +24.1% SIG 1.02 +4.1%
Drill Results

Grade Control Drilling at Moss Main Zone Continues to Delineate High Grade Shear Corridors with Intersects of 69.65m of 1.63 g/t Au from 4.35m, Including 10.0m of 7.09 g/t Au

By The Northwire Desk — AI Analysis Oct 29, 2025 · 07:01 AUXX · 0.51 Gold X2 Mining Inc.
AUXX · Price

Executive Summary

  • Gold X2 released assay results from 13 shallow grade‑control holes at the Moss Main zone, confirming continuous near‑surface high‑grade mineralization.
  • Multiple significant intercepts were reported, including 31.3 m @ 1.92 g/t Au (including 11.0 m @ 4.58 g/t Au) and a standout 10.0 m @ 7.09 g/t Au (uncut 18.0 g/t Au).
  • The data will be used to refine drill spacing for an upcoming infill program and support the forthcoming Mineral Resource Estimate and Preliminary Economic Assessment.

Key Details

  • Hole MMD‑25‑199: 31.3 m @ 1.92 g/t Au from 48.7 m (incl. 11.0 m @ 4.58 g/t Au).
  • Hole MMD‑25‑219: 73.25 m @ 1.01 g/t Au from 9.75 m (incl. 39.0 m @ 1.28 g/t Au).
  • Hole MMD‑25‑221: 51.05 m @ 1.08 g/t Au from 33.85 m (incl. 10.0 m @ 2.32 g/t Au).
  • Hole MMD‑25‑223: 19.0 m @ 2.75 g/t Au from 163.0 m (incl. 6.0 m @ 7.84 g/t Au).
  • Hole MMD‑25‑227: 69.65 m @ 1.63 g/t Au from 4.35 m (incl. 10.0 m @ 7.09 g/t Au, uncut 18.0 g/t Au).

  • Hole MMD‑25‑229: 80.2 m @ 1.23 g/t Au from 15.0 m (incl. 16.0 m @ 1.69 g/t Au).

  • Grade‑control program covered a 100 m strike × 80 m cross‑strike × ~180 m depth area, with holes spaced on a 12.5 m diamond pattern.

  • Results will inform optimal drill spacing to upgrade Inferred resources to Indicated resources and supply half‑core for upcoming metallurgical studies.

  • Technical oversight: Qualified Person Peter Flindell (VP Exploration) approved all scientific and technical information.

  • Equity grants disclosed: 550,000 stock options (300,000 to interim CFO, 250,000 to consultants) at $0.51 per share; 50,000 RSUs to interim CFO vesting twelve months after grant.

Notable Quotes

“Our latest drill results continue to demonstrate excellent continuity of mineralization at the Moss Main zone… These results validate our geological model that will be utilized in our upcoming Mineral Resource Estimate…” – Michael Henrichsen, President & CEO

Materiality Assessment: Material – Positive (significant new assay data that materially supports resource upgrade and forthcoming PEA).

Read the original news release →

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