Northwire Canada EditionSunday, July 26, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Routine +

Gold X2 QES Drilling Intercepts 100.75m of 1.50 g/t Au from 495m Including 14m of 3.94 g/t Au from 542m at the Base of the Resource Pit

Gold X2 Drilling Confirms Deep Pit Potential But Execution Risks Remain Ahead of Feasibility

By The Northwire Desk — AI Analysis Apr 13, 2026 · 07:01 AUXX · 1.48 Gold X2 Mining Inc.
Executive Summary
  • Gold X2 Mining released assay results from the first batch of extension drill holes targeting the base of the RPEEE pit shell at the Moss Gold Project on April 13, 2026.
  • Key intercepts include MQD-25-181: 100.75m @ 1.50 g/t Au from 494m, including 14.0m @ 3.94 g/t Au and 48.0m @ 2.34 g/t Au.
  • Other significant holes include MQD-25-177 (88.6m @ 0.96 g/t Au) and MQD-25-180 (78.0m @ 0.90 g/t Au).
  • The company plans to increase drill rigs from three to five within the next month to accelerate infill drilling and evaluate the Superion target area.
  • Analytical validation shows PhotonAssay™ evaluated against fire-assay with acceptable bias (2.2% high bias), deemed acceptable for routine use.
  • This news follows a March 3, 2026 announcement of deep drilling results (117m @ 1.21 g/t Au) and a February 2026 PEA filing.
Material Impact
  • The April 13 results confirm the continuity of mineralization at depth established in the March 3, 2026 release, rather than presenting a new discovery.
  • While the intercepts are wide (over 100m) and consistent with open-pit to underground transition grades, they were anticipated as part of the expansion program announced during the February financing close.
  • The news supports the PEA assumptions regarding resource growth but does not materially alter the economic model until a new Mineral Resource Estimate is filed.
  • From a risk-averse perspective, drill results are volatile; without an updated NI 43-101 resource estimate incorporating these holes, the impact on valuation is limited to sentiment reinforcement.
  • The increase in rig count signals management confidence but increases burn rate, which must be weighed against the $122M cash position reported in February.
AUXX · Price
Company Overview
  • Gold X2 Mining Inc. is a gold exploration and development company focused on the Moss Gold Project in Northwest Ontario, Canada.
  • The Moss Gold Project is 100% owned and located in the Shebandowan Greenstone Belt.
  • Flagship asset includes the Moss Deposit with an updated NI 43-101 Mineral Resource Estimate (Jan 26, 2026) of 2.125M oz Indicated and 3.910M oz Inferred gold.
  • Recent acquisitions include Kesselrun Resources (Huronian and Bluffpoint projects) completed December 2025, expanding the land package to ~40,456 ha.
  • The company is advancing the project towards a Feasibility Study targeted for H2 2027.
Read the original news release →

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Drill Results May 13, 2026 · 07:01

Moss Project De-risked by AngloGold Backing and Infill Validation

Drill Results