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High materiality8/10

Gold X2 Moss drill results imply resource uplift ahead of 2027 MRE

Oct 14, 2026, 7:29 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Positive infill results and net resource-model reconciliation increase likelihood of an MRE uplift and higher ounce inventory, potentially improving NPV/IFR and attracting investor interest. The near-term catalyst is the Q1 2027 MRE update, which historically can drive re-rating if the ounce base increases meaningfully and the strip ratio improves.

AI summary

What happened, with direct paths to the underlying reporting

Gold X2 Mining reports infill drill results from the Moss Gold Project's Main and Southwest zones, delivering wide intercepts and notable high-grade pockets. The results reconcile with the existing model and support an updated Mineral Resource Estimate in Q1 2027, with potential upside from increased ounces and improved open-pit economics. AI-driven planning underpins the drill program, suggesting higher efficiency for future resource conversion.

AUXX reports infill drilling at Moss Main and Southwest with positive resource reconciliation.
Main Zone: 172.0m of 0.96 g/t Au (MMD-26-430) including high-grade pockets.
Southwest Zone infill shows wider intercepts than modeled but lower grades.
MRE update targeted for Q1 2027; potential for contained-ounces increase and open-pit enhancement.
AI-assisted drill planning used to optimize spacing and improve conversion rates.

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