The Chinese translation is being made; the original is shown for now.
Gold X2 Mining has reported infill drill results from the QES Zone at its Moss gold project in northwestern Ontario, with the headline intercept of 86.0 m at 1.37 g/t gold from 314.0 m in hole MQD-26-366 underscoring what the company describes as a meaningful expansion of the zone beyond its current mineral resource estimate.
"These infill drill results demonstrate a meaningful expansion of the QES Zone relative to the current mineral resource estimate, through the expansion of the mineralized system by unmodelled secondary shear zones," said CEO and director Michael Henrichsen. "In addition, we continue to encounter the emerging Superion Zone at shallow depths which we believe will lead to further expansion on the north side of the proposed open pit."
The infill program is designed to upgrade inferred resource blocks to indicated within the project's RPEEE pit shell ("reasonable prospects for eventual economic extraction"). Drilling continues to delineate a larger mineralized system than predicted by the inferred resource, as poorly mineralized wall-rock zones excluded from the MRE convert to mineralized secondary shears.
Best QES intercepts in this release include 86.0 m at 1.37 g/t gold from 314.0 m in MQD-26-366 — including 26.0 m at 2.90 g/t from 345.0 m, with narrower hits of 3.0 m at 7.67 g/t from 349.0 m and 6.0 m at 5.82 g/t from 362.0 m — together with 72.65 m at 0.79 g/t gold from 513.0 m in MQD-25-149 (including 34.0 m at 1.14 g/t from 548.0 m); 118.0 m at 0.78 g/t from 366.0 m in MQD-25-163 (including 6.8 m at 4.18 g/t from 422.0 m); 57.0 m at 0.88 g/t from 266.0 m in MQD-26-362 (including 24.5 m at 1.41 g/t from 268.8 m); 139.05 m at 1.01 g/t from 355.95 m in MQD-26-378 (including 39.35 m at 1.78 g/t from 385.0 m); 142.65 m at 0.93 g/t from 394.05 m in MQD-26-383 (including 46.0 m at 1.59 g/t from 408.0 m); and 90.0 m at 0.96 g/t from 438.0 m in MQD-26-390 (including 21.9 m at 1.71 g/t from 444.0 m).
The drilling has also located additional mineralized Superion-style shears outside the current resource, with notable intercepts of 18.75 m at 1.02 g/t gold from 259.25 m in MQD-26-332 and 27.7 m at 1.85 g/t from 245.0 m in MQD-26-366. Hole MQD-26-383 returned 10.0 m at 3.73 g/t gold from 80.0 m, including 2.0 m at 15.6 g/t from 85.0 m.
When the new infill drilling is compared against the current MRE model, the zones are reconciling 67% wider at an average 19% lower grade than the modelled shears, with additional volume coming from secondary shears in ground previously treated as wall rock and from marginal shears along the north side of QES that the original drilling did not test. Mineralized intervals within the modelled shears are reconciling well; together, the new data results in a significant replacement of waste with mineralization inside the RPEEE pit shell.
Gold X2's flagship Moss gold project sits in Ontario with direct access from the Trans-Canada Highway and hydroelectric power near site. The company has invested more than $150 million in the project and completed about 100,000 metres of drilling since acquiring it, bringing the cumulative drilled total to more than 300,000 metres. The 2026 updated mineral resource for the Moss and East Coldstream deposits stands at 2.458 million ounces of indicated gold at 1.04 g/t Au in 73.8 million tonnes and 4.209 million ounces of inferred at 0.97 g/t in 134.7 million tonnes, with associated silver resources of 3.160 million ounces indicated at 1.53 g/t Ag in 64.3 Mt and 6.273 million ounces inferred at 1.55 g/t Ag.