お知らせ • Apr 15
Gold X2 Mining Inc. Reports Drilling Results At Moss Gold Project
Gold X2 Mining Inc. announced the first batch of assays from the drillhole extension program targeting the bottom of the RPEEE (Reasonable Prospect for Eventual Economic Extraction) pit shell within the QES Zone at the Moss Gold Project in Northwest Ontario, Canada. Significant intercept at the base of the RPEEE open pit demonstrates the potential to deepen the open pit or to host potential underground mineralization with additional drilling. 14m of 3.94 g/t Au higher grade sub-interval demonstrate the potential for underground mineralization. Peripheral shears intersected on the southern side of the QES shear zone are outside of the current RPEEE demonstrating the potential for resource growth. Five drillholes, drilled as part of the 2025 drilling program and targeting the Superion Zone, were extended to infill gaps in the resource model where no grade was interpolated because of sparse drilling, as well as low grade Inferred blocks in the base of the current RPEEE pit shell. Results confirmed the broad low-grade intercepts across the QES Zone in this volume with localized higher grades in shears. Select intercepts include: 51.0m of 0.73 g/t Au from 473.0m in MQD-25-148, and 29.25m of 0.61 g/t Au from 531.0m, 55.0m of 0.97 g/t Au from 507.0m in MQD-25-176, including 19.2m of 1.35 g/t Au from 517.0m, and 45.2m of 0.57 g/t Au from 570.0m, 88.6m of 0.96 g/t Au from 481.4m in MQD-25-177, including 46.8m of 1.36 g/t Au from 500.0m, and 26.05m of 1.11 g/t Au from 581.85m, including 2.05m of 8.49 g/t Au from 587.2m, 78.0m of 0.90 g/t Au from 523.0m in MQD-25-180, including 6.6m of 4.59 g/t Au from 552.0m, 100.75m of 1.50 g/t Au from 494.0m in MQD-25-181, including 48.0m of 2.34 g/t Au from 521.0m, including 14.0m of 3.94 g/t Au from 542.0m. Gold X2 identified nine holes from its 2025 Superion exploration program to be extended through the core shears of the QES Zone to infill the drill spacing near the bottom of the RPEEE pit shell. The infill will support the upgrading of the existing Inferred mineralized resource to Indicated. It will also add to the Mineral Resource where the data spacing has been too sparse to interpolate gold grades into the shear domains. The holes were extended 50-100m past the edge of the RPEEE pit to intersect additional marginal shears that may provide support for a larger pit scenario. The first five holes – MQD-25-148, -176, -177, -180 and -181 – resumed drilling within the gabbro-diorite within the diorite complex. The holes each intersected a similar wide section of moderate to strongly sheared sericite-hematite-silica altered granodiorite containing 2-3% pyrite ± chalcopyrite within the core shears outlined in the highlighted intercepts section above. The drilling was then extended through the diorite complex into the southern dacitic volcanics containing multiple 5-10m wide diorite and granodiorite dykes. These dykes were locally weak-moderately sheared with similar sericite-hematite-silica alteration as seen in QES returning intercepts including 8.6m of 1.86 g/t Au from 616.4m, including 3.0m of 4.58 g/t Au from 618m in MQD-25-148, 18.6m of 1.28 g/t Au from 641.3m, including 14.55m of 1.53 g/t Au from 643.45m in MQD-25-176, 21.4m of 0.5 g/t Au from 625m in MQD-25-177, 18.5m of 1.03 g/t Au from 611.5m, including 8.6m of 1.94 g/t Au from 617.0m in MQD-25-180, and 8.25m of 2.16 g/t Au from 634.15m in MQD-25-181. Results from the final four holes are yet to be received. As part of the move to infill drilling, Gold X2 conducted an exercise to evaluate PhotonAssay™ as an analytical technique that would offer a faster turnaround time at a more inexpensive price. The Company collected pulps from 2,000 samples required for umpire test work and had them analysed by for PhotonAssay™ and fire assay by Paragon Geochemical. The analysis showed a P95 coefficient of variation (CV) of 8.3% with a 2.2% high bias toward fire assay results for all samples above 0.1 ppm Au. This is within analytical precision of the methods for mineralized samples and was found to be acceptable for the Company to make the transition to PhotonAssay™ for routine analysis. A percentage of submitted samples will continue to compare PhotonAssay™ and fire assay techniques to monitor performance over time. All drill core is HQ diameter drill core has been visually validated in the core shack, rotated, and reconnected. Structural orientation data was captured by acoustical and optical televiewer operated by DGI Geosciences. All core has been sawed in half cut just off a geologist established cutline aligned 90° from the apex of the foliation, with the right half (looking down hole) of the core bagged and sent a third-party analytical laboratory. The left half of the core was returned to core boxes and is stored at Gold X2’s Kashabowie core yard facility. All samples were sent to Paragon Geochemical in Timmins for sample preparation. Samples were analysed for gold via PhotonAssay™ (“PA-AU02”) by Paragon’s laboratory in Hamilton and then shipped to Activation Laboratories (ActLabs) Ancaster for 60 pathfinder elements via ICP-MS after four-acid digestion (“UT-6”). Paragon and ActLabs are accredited by the Standards Council of Canada (SCC) for the Accreditation of Mineral Analysis Testing Laboratories and CAN-P-4E ISO/IEC 17025. In addition to Paragon quality assurance /quality control (“QA/QC”) protocols, Gold X2 has implemented a quality control program for all samples collected through the drilling program. The quality control program was designed by a qualified and independent third party, with a focus on the quality of analytical results for gold. Analytical results are received, imported to the company's secure on-line database and evaluated to meet the company's established guidelines to ensure that all sample batches pass industry best practice for analytical quality control. Certified reference materials are considered acceptable if values returned are within three standard deviations of the certified value reported by the manufacture of the material. In addition to the certified reference material, certified blank material is included in the sample stream to monitor contamination during sample preparation. Blank material results are assessed based on the returned gold result being less than ten times the quoted lower detection limit of the analytical method. The results of the on-going analytical quality control program are evaluated and reported to Gold X2 by Orix Geoscience Inc.