Gold X2 Provides Latest Assays from Moss Project in Ontario

08:38 AM EDT, 10/14/2026 (MT Newswires) -- Gold X2 Mining (AUXX.V) reported the latest assays from its ongoing drill program focused on the Main and Southwest zones of the Moss gold project in northwestern Ontario. Highlights include 172.0 meters of 0.96 grams per tonne (g/t) of gold from 195.0 meters, including 39.0 meters of 1.31 g/t gold and 67.0 meters of 0.97 g/t gold, the company said Wednesday. "Our ongoing infill drilling at the Main and Southwest zones continues to deliver positive reconciliation against our existing resource model, reinforcing our confidence in the deposit and highlighting the potential for meaningful increases in contained ounces and improvements in the strip ratio," chief executive Michael Henrichsen said. Gold X2 believes the results will significantly impact its updated resource estimate, which is expected to be released in the first quarter of 2027. The company's shares closed up CA$0.01 to CA$6.90 Tuesday on the TSX Venture Exchange. The shares have climbed 109% over the past 12 months.