Gold X2 Mining Delivers Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Moss Gold Project

Gold X2 Mining Inc. has released the results of a Preliminary Economic Assessment and updated Mineral Resource Estimate for its wholly-owned Moss Gold Project located in Ontario, Canada. The company engaged G Mining Services to conduct the PEA and prepare a compliant technical report under National Instrument 43-101 standards, with an effective date of January 26, 2026.

The PEA represents a significant development milestone for Gold X2, as acknowledged by CEO Michael Henrichsen, who characterized the results as demonstrating the potential for the Moss Deposit to be a top-tier asset. The mineral resource estimate is effective as of January 16, 2026, providing an updated foundation for the economic assessment.

This announcement positions Gold X2 to advance the Moss Gold Project through the development pipeline, with the PEA serving as a critical feasibility study that will inform future investment and operational decisions. The company is required to file the full NI 43-101 compliant technical report within 45 days, which will provide detailed technical and economic parameters for stakeholder evaluation.

For the Ontario gold mining sector, this development adds another potential production asset to the regional pipeline, contributing to the province's established gold mining infrastructure and expertise. The completion of formal economic studies indicates Gold X2's commitment to advancing the project through systematic development phases toward potential production.