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The M&E DISPATCH // 154

Whelp. Here we go again, will we see $2/L gas this summer?

News

Gold X2 Drills 117m of 1.12g/t Au, Including 10m of 4.37g/t Au; High-Grade Zone Intersected 280m Beneath the Resource Pit Demonstrating Underground Potential at the Moss Gold Deposit

VANCOUVER, B.C., March, 3, 2026: Gold X2 Mining Inc. (TSXV: AUXX / OTCQB: GSHRF / FWB: DF8) (“Gold X2” or the “Company”), is pleased to announce initial drilling results from two drill holes targeting high grade mineralization at depth in the QES Zone at the Moss Gold Project in Northwest Ontario, Canada (the “Moss Gold Project”). Michael Henrichsen, CEO of Gold X2, commented, “This drilling was designed to test the system for higher-grade mineralization that could potentially support underground mining in the future and to demonstrate the open pit can be extended to depth. The discovery of higher-grade mineralization 280 meters beneath the RPEEE pit represents a transformative development in our exploration process and growth trajectory of the project. Our team has worked very hard over the past year to advance our understanding of high-grade mineralization distribution within the deposit. This effort has yielded strong results, with our first drill hole confirming higher-grade mineralized shoots at depth. The Company plans to follow up promptly on these results to reveal the true potential of the mineralized system.” Highlights Technical Overview The RPEEE pit defined in the recently released PEA was constrained by drill data that focused on the top 500 meters […]

News

Aero Energy, Urano Energy and Pegasus Resources Announce Combination to Create a Premier North American Uranium Explorer & Developer and Up to $6 Million Non-Brokered Financing

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, B.C. – March 2, 2026 – Aero Energy Limited (“Aero”) (TSXV: AERO, OTC Pink: AAUGF, FSE: UU3), Urano Energy Corp. (“Urano”) (CSE: UE) (OTCQB: UECXF) and Pegasus Resources Inc. (“Pegasus”) (TSXV:PEGA) announce that the companies have entered into definitive arrangement agreements pursuant to which Aero has agreed to acquire all of the issued and outstanding common shares of both Urano (the “Urano Transaction”) and Pegasus (the “Pegasus Transaction” and, together with the Urano Transaction, the “Transactions”). The combined company (the “Combined Company”) is expected to continue under the name “Manhattan Uranium Discovery Corp.” and trade under the symbol “MANU”. Immediately prior to entering into the Urano Agreement and the Pegasus Agreement (as defined below), Urano and Pegasus terminated the binding letter agreement in respect of a proposed business combination transaction as previously announced in a news release dated December 2, 2025. On closing of the Transactions, shareholders of Urano will receive 0.2 common shares (the “Urano Exchange Ratio”) of Aero (the “Aero Shares”) for each Urano share (the “Urano Shares”) held […]