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Gold X2

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Gold X2 is a growth-oriented gold company focused on exploring and developing the 100% owned Moss Gold Project in Ontario, aiming to become a top ten gold producer in Canada.

Investor website: https://goldx2.com/

About

Gold X2 is a growth-oriented gold company focused on exploring and developing the 100% owned Moss Gold Project in Ontario, aiming to become a top ten gold producer in Canada.

Verified company data

Cash position
$40,000,000
Shares outstanding
101,110,094
Fully diluted shares
670,884,034
Mineral resource
The East Coldstream Historical Estimate is based on a 0.4 g/t Au cut-off grade. The qualified persons for the East Coldstream Historical Estimate are Todd McCracken, P.Geo. (Tetratech Wardrop), and Jeff Wilson, Ph.D., P.Geo. (Tetratech Wardrop), and the effective date of the East Coldstream Historical Estimate is December 12, 2011. Resources are presented unconstrained, undiluted and in situ. The East Coldstream Historical Estimate includes 2 gold-bearing zones. A cut-off grade of 0.4 g/t Au was selected as the official resource cut-off grade. The East Coldstream Historical Estimate is based on 116 diamond drill holes drilled from 1986 to 2011. A fixed density of 2.78 g/cm3 was used. Capping was established at 5.89 g/t Au and 5.70 g/t Au for domains EC-1 and EC-2, respectively. This is supported by statistical analysis and the high grade distribution within the deposit. Compositing was done on drill hole sections falling within the mineralized zone solids (composite = 1 m). Resources were evaluated from drill hole samples using the ID2 interpolation method in a multi-folder percent block model using Datamine Studio 3 version 3.20.5321.0. Resource categorization is based on spatial continuity based from the variography of the assays within the drillholes. Ounce (troy) = metric tons x grade / 31.10348. Calculations used metric units (metres, tonnes and g/t). The number of metric tonnes was rounded to the nearest thousand. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in NI 43-101.
Projects
["Moss Gold Project: The Moss Gold Project has the potential to be a Top 10 Producing Mine in Canada. It features robust economics with a strong Preliminary Economic Assessment (PEA), showcasing attractive economics, significant leverage to gold prices, optimization upside, and extensive growth optionality. The project includes a high-quality mineral resource estimate for the Moss Deposit, with major infrastructure to support a mining district, including nearby Trans-Canada Highway, low-cost power, rail connectivity, and deep-water port access at Thunder Bay. There is untapped exploration upside with an active multi-purpose drill program targeting grade control, resource expansion, and regional discoveries along a 35 km mineralized trend. The management team has a proven track record of district-scale discoveries, mine development, and value creation across multiple jurisdictions. The current Mineral Resource Estimate includes Au and Ag Indicated resource contained within 64.3 million tonnes and Au and Ag Inferred resource contained within 125.9 million tonnes. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. The effective date of the current Mineral Resource Estimate and PEA is January 26, 2026."]
Leadership
Michael Henrichsen (Chief Executive Officer and Director, Structural geologist with extensive experience, previously global structural geologist at Newmont.), Peter Flindell (Chief Operating Officer, Over 40 years of experience in mineral exploration and feasibility studies.), Michael Kanevsky (Chief Financial Officer, Senior executive with over 15 years of experience in the mining industry, expertise in regulatory compliance and financial reporting.), Sam Gibson (Vice President of Corporate Development, Over 10 years of expertise in resource-focused finance, specializing in institutional sales and investment banking.), Amiel Blajchman (Vice President of Sustainability, Held senior roles with major mining companies, led environmental assessments and ESG strategy.), Tom Obradovich (Chairman, Over 42 years of expertise in mining exploration and development, co-founder of Canadian Royalties Inc.), David Stone (Director, 40+ years of engineering and financial consulting experience in mining projects.), Shawn Khunkhun (Director, Over 15 years of experience in capital markets and mineral exploration, current CEO of Dolly Varden Silver Corp.), Joanna Pearson (Director, Over 25 years of experience in financial reporting and risk management in mining companies.), Kyle Hickey (Director, Managing Director of SAF Group, responsible for deal origination and risk management.), Brad Cornborough (Director, Lawyer with extensive experience in capital projects and regulatory matters in the mining sector.)

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