# Gold X2 Files Second Quarter 2026 Financial Statements

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/gold-x2-files-second-quarter-2026-financial-statements--533ab777-8e53-4227-b135-5c4f8eb4add6

Original source: https://money.tmx.com/en/quote/AUXX/news/6991974941658528/gold-x2-files-second-quarter-2026-financial-statements

Publisher: tmx

Original announcement: 2026-08-27T18:54:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Gold X2 Mining Inc.

- Ticker: AUXX

- Exchange: TSX

- Region: Ontario, Canada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Other

- Extracted: 2026-09-19 10:21:52 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Gold X2 Mining Inc. has filed its Q2 2026 financial statements. The release also provides updated 2026 NI 43-101 mineral resource estimates for the Moss Gold Project in Ontario, reporting 2.458 Moz Indicated gold and 4.209 Moz Inferred gold, alongside silver resources.

Reasoning: The document is primarily a financial filing notice, but it contains a substantial restatement/update of the Moss Gold Project mineral resource estimate and references a PEA.

- Positive factor: Updated MRE shows significant gold and silver resources

- Positive factor: PEA suggests long-life mining operation potential

- Positive factor: Qualified Person sign-off provided

Facts used in scoring: 4

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The release mentions the MRE and PEA are supported by a NI 43-101 technical report and signed off by a QP.

Evidence · text

> The MRE and PEA are supported by a NI 43-101 technical report

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Peter Flindell, PGeo, MAusIMM, MAIG, is named as the qualified person who approved the technical information.

Evidence · text

> Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under NI 43-101, has approved the scientific and technical information

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Resource Estimates (4)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-files-second-quarter-2026-financial-statements--533ab777-8e53-4227-b135-5c4f8eb4add6#fact-resource-facts-0)

Moss Gold Project · gold

#### Identity

- Project: Moss Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUXX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:b04b00d1410f4e064f29
- Deposit or zone: Moss and East Coldstream Deposits
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 73800000
- Grade: 1.04
- Grade Unit: g/t
- Contained Metal: 2.458
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Indicated gold resource reported at 1.04 g/t.

Evidence · text

> 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-files-second-quarter-2026-financial-statements--533ab777-8e53-4227-b135-5c4f8eb4add6#fact-resource-facts-1)

Moss Gold Project · gold

#### Identity

- Project: Moss Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUXX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:b9d5473ef8566d5c9c6a
- Deposit or zone: Moss and East Coldstream Deposits
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 134700000
- Grade: 0.97
- Grade Unit: g/t
- Contained Metal: 4.209
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Inferred gold resource reported at 0.97 g/t.

Evidence · text

> 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-files-second-quarter-2026-financial-statements--533ab777-8e53-4227-b135-5c4f8eb4add6#fact-resource-facts-2)

Moss Gold Project · silver

#### Identity

- Project: Moss Gold Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUXX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:b682350c922f4ae4a793
- Deposit or zone: Moss Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 64300000
- Grade: 1.53
- Grade Unit: g/t
- Contained Metal: 3.16
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Indicated silver resource reported at 1.53 g/t.

Evidence · text

> 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-files-second-quarter-2026-financial-statements--533ab777-8e53-4227-b135-5c4f8eb4add6#fact-resource-facts-3)

Moss Gold Project · silver

#### Identity

- Project: Moss Gold Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUXX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:24d531c15dde3430b0c8
- Deposit or zone: Moss Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 125900000
- Grade: 1.55
- Grade Unit: g/t
- Contained Metal: 6.273
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Inferred silver resource reported at 1.55 g/t.

Evidence · text

> 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
