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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. The company emphasizes robust economics, significant resource expansion potential, and a strong management team with a proven track record in mining.

Verified company data

Cash position
$40,000,000
Shares outstanding
101,110,094
Fully diluted shares
670,884,034
Mineral resource
The 2026 updated 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 support 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+.
Projects
["# Moss Gold Project\n\nLocated in the highly prospective gold jurisdiction of Ontario. The Moss Gold Project has extensive infrastructure to support potential district scale mining camp. Highway 11 –Trans-Canada Highway provides access to road, rail, power, deep water port, water, skilled people & contractors. Power is available at $0.11 / kwh at the project site. The project has a robust Preliminary Economic Assessment (PEA) with attractive economics, significant leverage to gold prices, optimization upside, and extensive growth optionality. The current Mineral Resource Estimate and PEA include only open-pit mineralization. All underground mineralization has been excluded from the resource model and mine plan. The project is supported by an experienced management team with a proven track record in district-scale discoveries, mine development, and value creation across multiple jurisdictions."]
Leadership
Michael Henrichsen (Chief Executive Officer and Director, Structural geologist with extensive experience, previously global structural geologist at Newmont, significantly increased reserves in Ghana.), 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 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 financing, co-founded Canadian Royalties Inc.), David Stone (Director, 40+ years of engineering and financial consulting in mining projects worldwide.), Shawn Khunkhun (Director, Over 15 years in capital markets and mineral exploration, current CEO of Dolly Varden Silver Corp.), Joanna Pearson (Director, Over 25 years in financial reporting and risk management in mining, former CFO of Endeavour Mining.), 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, current General Counsel of Seaspan Marine.)

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