Gold X2 Files Second Quarter 2026 Financial Statements

Gold X2 Mining Inc. (AUXX) filed its Second Quarter 2026 financial statements and Management’s Discussion & Analysis (MD&A) with Canadian securities regulators. The filing includes an updated NI 43-101 mineral resource estimate (MRE) for the Moss and East Coldstream Deposits, reporting 2.458 million ounces of Indicated gold (1.04 g/t) and 4.209 million ounces of Inferred gold (0.97 g/t).

A Preliminary Economic Assessment (PEA) for the Moss Gold Project is reiterated, suggesting potential for a long-life mining operation with strong production profiles and low production costs. The release contained no direct executive quotes or new operational milestones, serving as a standard regulatory compliance filing that restates previously announced technical and financial parameters.

Gold X2 Mining Inc. (AUXX) filed its Q2 2026 update, which presents mineral resource figures and Preliminary Economic Assessment (PEA) highlights identical to those disclosed in the January 26, 2026 PEA release. The filing confirms the company's ongoing execution of its 160,000-meter drilling program, maintaining the narrative of a well-capitalized development-stage asset.

The market has already priced in the $115.9M strategic financing, the entry of AngloGold Ashanti, and the base-case PEA economics. The update contains no new catalysts, surprises, or material misses, serving primarily as a transparency and compliance measure that reinforces the technical foundation of the project.

Gold X2 Mining Inc. (AUXX) is a development-stage gold company focused on its 100%-owned Moss Gold Project in Northwest Ontario. The Moss Deposit features a preliminary economic assessment indicating a base-case after-tax NPV5% of $2.23 billion, an internal rate of return of 22.1%, and an all-in sustaining cost of $1,188 per ounce at a gold price of $2,750 per ounce.

The company has completed over 100,000 meters of drilling on Moss, adding to 300,000 meters of historical drilling, and has invested over $150 million to date. Strategic acquisitions include the Huronian and Bluffpoint projects via Kesselrun, the Coldstream claims, and an option on the Star Lake property, expanding the land package to over 40,000 hectares in the Shebandowan Greenstone Belt.