Gold X2 Intersects up to 50.85m of 2.18 g/t Au from 1.15m in Moss Main Zone Grade Control Drilling Program

Gold X2 Mining Inc. has announced encouraging initial assay results from its grade control drilling program at the Moss Gold Project in Northwest Ontario. The company completed 18 shallow holes targeting marginal to core shears in the Main Zone, with the standout intersection returning 50.85 meters grading 2.18 g/t gold from just 1.15 meters depth. The grade control program utilizes a tight 12.5 meter by 12.5 meter spacing designed to investigate short-distance gold mineralization behavior and provide the drilling density required to upgrade the resource from inferred to indicated category.

The drilling program serves multiple strategic objectives beyond resource classification. The drill core will provide necessary sample volumes for upcoming feasibility-level metallurgical studies, a critical step in advancing the project toward production decisions. Additionally, the tight spacing provides mining-level precision that will de-risk the current Mineral Resource Estimate by better defining ore continuity and grade distribution.

CEO Michael Henrichsen expressed satisfaction with the initial results, noting that gold grades are generally higher than those predicted in the current resource model. This positive variance suggests potential for resource expansion or grade enhancement when the updated estimate is completed. The company anticipates continuing this favorable pattern as additional assay results are received from the ongoing program.

For Gold X2, these results represent a significant step forward in advancing the Moss Gold Project through the development pipeline. The combination of resource upgrade potential, metallurgical sample collection, and mine planning de-risking positions the project for more detailed feasibility studies and eventual production planning. The higher-than-modeled grades, if sustained across the broader drilling program, could materially improve the project's economics and support a more robust development case.