Gold X2 Drilling Intersects Multiple Shears Near Surface Including 32.8m of 1.22 g/t Au from 166.2m

About this update from Gold X2 Mining Inc.

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2" or the "Company") is pleased to announce the most recent assays from its ongoing infill and resource expansion drilling program targeting the Main Zone at the Moss Gold Project in Northwest Ontario, Canada (the "Moss Gold Project"). Michael Henrichsen, CEO and Director of Gold X2, commented: "These intercepts confirm a significant expansion of mineralized widths in the Moss Main Zone, which had seen limited historical drilling. The results demonstrate an expansion of the in-pit resource and will be included in a future Mineral Resource Estimate ("MRE") update on the project scheduled for Q4 2026 or Q1 2027." Highlights MMD-26-371 MMD-26-375 MMD-26-379 MMD-26-381 MMD-26-384 Technical Overview The results of the six holes drilled into the southern margin of the Main Zone are illustrated in the following figures and tables. Figure 1 shows the location map of the drill holes reported in this release. Figure 2 provides a typical cross-section through drill holes MMD-26-379 and MMD-26-381. The results are summarized in Tables 1 to 3, which include significant intercepts (Table 1), drill hole locations (Table 2) and the reconciliation between actual drill intercepts and those predicted by the current resource model (Table 3). Figure 1: Shows the location of the holes drilled from ice into marginal shears on the southern flank of the Main Zone

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