Gold X2 Files Second Quarter 2026 Financial Statements
Gold X2 Files Second Quarter 2026 Financial Statements
VANCOUVER, B.C., August 27 2026: Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE:
DF80) (“Gold X2” or the “ Company”) announces that it has filed its second quarter 2026 financial
statements and the related Management's Discussion and Analysis (together, the " Q2 Financials"),
with Canadian securities regulators.
These documents are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and in
the Investors section of the Company’s website at www.goldx2.com.
About Gold X2 Mining
Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder
value through the acquisition and advancement of primary gold assets in tier -one jurisdictions. The
Company’s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in
Ontario, Canada, with direct access from the Trans -Canada Highway, hydroelectric power near site,
supportive local communities and skilled workforce. The 2026 updated National Instrument 43-101 –
Standards of Disclosure for Mineral Projects (“NI 43-101”) mineral resource estimate (“MRE”) for the Moss
and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04
g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t
Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces
of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred
silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment
(“PEA”) of the Moss Gold Project suggest the potential for the deposit to supp ort a long -life mining
operation with a strong production profile and low production costs. The MRE and PEA are supported by
a NI 43-101 technical report for the Moss Gold Project available on the Company’s website and under the
Company’s issuer profile on SEDAR+. For more information, please visit SEDAR+ (www.sedarplus.ca)
and the Company’s website (www.goldx2.com).
Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person
under NI 43-101, has approved the scientific and technical information contained in this news release.
For More Information – Please Contact:
Michael Henrichsen
President, Chief Executive Officer and Director
Gold X2 Mining Inc.
W: www.goldx2.com
T: 1-604-404-4335
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements regarding Forward-Looking Information
This news release contains “forward -looking information” within the meaning of applicable Canadian
securities legislation. All statements, other than statements of historical fact, are forward -looking
statements and are based on expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or performance (often but not always using
phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate",
"plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such
words and phrases or stating that certain actions, events or results "may" or "could", "would", "might"
or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward -
looking statements
In this news release, forward-looking statements relate to, among other things, Gold X2 being a growth-
oriented gold company focused on delivering long-term shareholder and stakeholder value through the
acquisition and advancement of primary gold assets in tier -one jurisdictions, the Company’s current
focus being the advanced stage 100% owned Moss Gold Project and the results, interpretations and
conclusions of the PEA, including that the PEA suggests the potential for the Moss Deposit to support
a long -life mining operation with a strong production profile and low production costs . These
forward-looking statements are not guarantees of future performance and involve known and unknown
risks, uncertainties and other factors that may cause actual results, performance or achievements to
differ materially from those expressed or implied by the forward-looking statements. Forward-looking
statements regarding production targets, economic results and mine life are derived from and subject
to the assumptions and limitations of the PEA and are inherently uncertain.
Forward-looking statements are based on a number of assumptions that, while considered reasonable
by the Company as of the date hereof, are inherently subject to significant business, economic, technical
and competitive uncertainties and contingencies. Suc h assumptions include, without limitation:
assumptions underlying the PEA mine plan and schedule, pit slope angles and geotechnical
parameters; accuracy of mineral resource estimates (including grade, tonnage and geometry) and
metallurgical recovery estima tes from available testwork; the availability of contractors, equipment,
materials and skilled labor when required and at estimated costs; cost inflation trends and the accuracy
of capital and operating cost estimates; continued access to necessary infrastructure, power and water
at estimated costs and timelines; assumptions regarding commodity prices (including gold and silver),
foreign exchange rates and discount rates; the interpretation of drilling, sampling, metallurgical and
other technical data; the timing of, and ability to obtain and maintain, required permits, licenses and
approvals; successful completion of environmental and regulatory processes; constructive engagement
and outcomes with Indigenous Peoples and other rights -holders and stakeholders ; stable and
supportive regulatory frameworks; availability of financing on acceptable terms; and the absence of
material adverse changes in general economic, market or political conditions and in applicable law,
including tax and royalty regimes.
Risks and uncertainties that could cause actual results to differ materially from those expressed in the
forward-looking statements include, without limitation: uncertainties inherent in preliminary economic
assessments and in the estimation of mineral res ources (including the inclusion of inferred mineral
resources), metallurgical recoveries and geotechnical parameters; changes in mine plans, schedules
and cost estimates; commodity price and foreign exchange volatility; inflationary pressures and supply
chain disruptions; risks related to permitting, environmental assessment and other regulatory approvals
and conditions; the outcome of engagement with Indigenous Peoples and other rights -holders and
stakeholders and the potential for delays or conditions arising therefrom; availability and cost of power,
water, infrastructure, equipment, materials and skilled labor; financing risks and access to capital on
acceptable terms; climate, weather and other operating risks typical of mining projects; title, surface
rights and access risks; environmental, health and safety risks; changes in laws, regulations, policies
and enforcement (including taxes and royalties); potential litigation; and other risks set out in the
Company’s continuous disclosure filings available under the Company’s profile on SEDAR+ in Canada.
Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive.
Although the Company has attempted to identify important factors that could cause actual results to
differ materially from those contained in forward -looking statements, there may be other factors that
cause results not to be as anticipated, estimated or i ntended. Accordingly, readers should not place
undue reliance on forward -looking statements. Forward -looking statements contained in this news
release are made as of the date hereof. Gold X2 expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future events
or otherwise except as otherwise required by applicable securities legislation.