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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
Significant intercept at depth extends mineralization in the QES Zone at the Moss Gold Project wi...
About this update from Gold X2 Mining Inc.
[{"type":"text","content":"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 DepositSignificant intercept at depth extends mineralization in the QES Zone at the Moss Gold Project with higher-grade shoots highlighting underground potentialNear surface intercept in the Superion Zone demonstrates the potential to add to near surface resourcesVancouver, British Columbia--(Newsfile Corp. - March 3, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: 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.\"HighlightsTwo drillholes targeting shallowly plunging high-grade shoots within the core shears of the QES Zone up to 280 meters beneath the current RPEEE pit shell are illustrated in (Figure 1). The results not only confirm the continuity of the QES Zone at depth with the discovery of a new high-grade shoot, but also expand the Superion Zone near surface (Figure 2). See (Table 1) for full assays within the mineralized zone. Select higher-grade intercepts include:MQD-25-326:Superion Zone: 23.0m of 1.01 g/t Au from 183.0mQES Zone: 117.0m of 1.21 g/t Au from 816m, including19.0m of 3.33 g/t Au from 826.0 m, including10.0m of 4.37 g/t Au, including5.0m of 7.24 g/t Au MQD-25-330:QES Zone: 28.95m of 1.18 g/t Au from 730.05m, including 10.3m of 2.38 g/t...