# Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436

Original source: https://money.tmx.com/en/quote/AUXX/news/7703392698889760/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin

Publisher: tmx

Original announcement: 2026-06-02T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Gold X2 Mining Inc.

- Ticker: AUXX

- Exchange: TSX

- Region: Northwest Ontario, Canada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Resource update

- Extracted: 2026-09-19 11:01:52 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Gold X2 Mining Inc. announced infill drilling results from its Moss Gold Project in Northwest Ontario, Canada, with significant gold intercepts including 86.0m at 1.37 g/t Au. The program aims to upgrade Inferred resources to Indicated and has expanded the mineralized system by identifying new shear zones. The company also reported an updated NI 43-101 compliant mineral resource estimate for gold and silver at the Moss and East Coldstream Deposits.

Reasoning: The document reports strong infill drill results at the Moss Gold Project, with several wide intercepts and high-grade sub-intervals. The drilling successfully expanded the mineralized system by identifying new shear zones and aims to upgrade Inferred resources to Indicated, which is a positive de-risking step. However, the overall average grade of the new intercepts is lower than the current MRE, suggesting some grade dilution despite increased width. The QA/QC procedures are well-documented, enhancing confidence in the results.

- Positive factor: Significant wide intercepts with good gold grades, including bonanza grades in some sub-intervals, indicating a robust mineralized system.

- Positive factor: Infill drilling successfully expanded the mineralized system by identifying unmodelled secondary shear zones, leading to a meaningful expansion relative to the current resource model.

- Positive factor: Drilling aims to upgrade Inferred resources to Indicated category within the RPEEE open pit shell, de-risking the project.

- Positive factor: Discovery of additional mineralized Superion-style shears outside the current resource model, suggesting further growth potential.

- Positive factor: High-quality QA/QC procedures are disclosed, including accredited labs, independent QP sign-off, and use of blanks, standards, and duplicates.

- Negative factor: Globally, drill results show wider zones but with an average 19% lower grade compared to the current MRE, which could indicate grade dilution.

- Negative factor: True widths are approximate and assume a subvertical body, which may not fully represent the actual geometry.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 9

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program is explicitly stated as 'infill drilling program targeting the QES Zone' and designed 'to upgrade Inferred resources to the Indicated category'.

Evidence · text

> infill drilling program targeting the QES Zone

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document mentions 'located additional mineralized Superion-style shears outside of the current mineral resource', indicating an extension of mineralization.

Evidence · text

> located additional mineralized Superion-style shears outside of the current mineral resource

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The table includes a 'TRUE WIDTH \(m\)' column for each intercept, and the text states 'True widths are approximate and assume a subvertical body'.

Evidence · text

> True widths are approximate and assume a subvertical body.

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document details 'Analytical and QA/QC Procedures', mentioning third-party analytical laboratories, accreditation, and quality control programs including certified reference materials and blank material.

Evidence · text

> Analytical and QA/QC Procedures

**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, Chief Operating Officer, is named as a qualified person under NI 43-101 and has approved the scientific and technical information.

Evidence · text

> Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects , has approved the scientific and technical information contained in this news release.

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document explicitly states the cut-off grade and maximum internal waste interval used for calculating intersections.

Evidence · text

> Intersections calculated above a 0.3 g/t Au cut off with a top cut of 30 g/t Au and a maximum internal waste interval of 5 metres.

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: Some intercepts are marked with an asterisk and noted as 'Intercepts from extended holes that have been previously reported'.

Evidence · text

> \* Intercepts from extended holes that have been previously reported

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### MQD-25-149

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-drill-facts-4)

Moss · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MQD-25-149
- Project: Moss
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: AUXX

#### Geometry

- Grade: 1.08
- Grade Unit: g/t
- Intercept: 4.06 m
- True Width: 3.2 m
- From: 140.65 m
- To: 144.71 m
- Intercept Depth: 140.65 m

#### Classification

- Program: infill
- Sample Type: drill
- Group ID: MQD-25-149:140.65-144.71
- Mining Method: open\_pit

#### Location

- Easting: 670016
- Northing: 5380050
- Elevation: 428 m
- Azimuth: 158.2 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Paragon Geochemical and Activation Laboratories \(ActLabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: This is a previously reported intercept with moderate grade and narrow width, indicating limited novelty but good data quality due to QA/QC and true width disclosure.

- Positive factor: True width disclosed, providing better understanding of mineralization geometry.

- Positive factor: QA/QC procedures disclosed, enhancing confidence in assay results.

- Negative factor: Intercept is historical, reducing novelty.

- Negative factor: Grade is moderate for an open-pit gold project.

Evidence · table

> 1.08

Context: 4.06

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project Gold X2 Inter"

### MQD-25-149

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-drill-facts-5)

Moss · gold

#### Identity

- Hole ID: MQD-25-149
- Project: Moss
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: AUXX

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.6 m
- From: 258 m
- To: 260 m
- Intercept Depth: 258 m

#### Classification

- Program: infill
- Sample Type: drill
- Group ID: MQD-25-149:258-260
- Mining Method: open\_pit

#### Location

- Easting: 670016
- Northing: 5380050
- Elevation: 428 m
- Azimuth: 158.2 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Paragon Geochemical and Activation Laboratories \(ActLabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 5 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: This intercept shows low grade and narrow width, which is not particularly material, but benefits from good data quality disclosure.

- Positive factor: True width disclosed, providing better understanding of mineralization geometry.

- Positive factor: QA/QC procedures disclosed, enhancing confidence in assay results.

- Negative factor: Low grade and narrow width, indicating limited economic significance.

Evidence · table

> 0.64

Context: 2.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project Gold X2 Inter"

### MQD-26-366

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-drill-facts-6)

Moss · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MQD-26-366
- Project: Moss
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: AUXX

#### Geometry

- Grade: 7.67
- Grade Unit: g/t
- Intercept: 3 m
- From: 349 m
- To: 352 m

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: Paragon Geochemical and Activation Laboratories \(ActLabs\)
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: This is a previously reported intercept with moderate grade and narrow width, indicating limited novelty but good data quality due to QA/QC and true width disclosure.

- Positive factor: True width disclosed, providing better understanding of mineralization geometry.

- Positive factor: QA/QC procedures disclosed, enhancing confidence in assay results.

- Negative factor: Intercept is historical, reducing novelty.

- Negative factor: Grade is moderate for an open-pit gold project.

Evidence · text

> 3.0m of 7.67 g/t Au from 349.0m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project Gold X2 Inter"

### MQD-26-366

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-drill-facts-7)

Moss · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MQD-26-366
- Project: Moss
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: AUXX

#### Geometry

- Grade: 5.82
- Grade Unit: g/t
- Intercept: 6 m
- From: 362 m
- To: 368 m

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: Paragon Geochemical and Activation Laboratories \(ActLabs\)
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: This is a previously reported intercept with moderate grade and narrow width, indicating limited novelty but good data quality due to QA/QC and true width disclosure.

- Positive factor: True width disclosed, providing better understanding of mineralization geometry.

- Positive factor: QA/QC procedures disclosed, enhancing confidence in assay results.

- Negative factor: Intercept is historical, reducing novelty.

- Negative factor: Grade is moderate for an open-pit gold project.

Evidence · text

> 6.0m of 5.82 g/t Au from 362.0m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project Gold X2 Inter"

### MQD-26-366

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-drill-facts-8)

Moss · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MQD-26-366
- Project: Moss
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: AUXX

#### Geometry

- Grade: 1.37
- Grade Unit: g/t
- Intercept: 86 m
- From: 314 m
- To: 400 m

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: Paragon Geochemical and Activation Laboratories \(ActLabs\)
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: This is a previously reported intercept with moderate grade and narrow width, indicating limited novelty but good data quality due to QA/QC and true width disclosure.

- Positive factor: True width disclosed, providing better understanding of mineralization geometry.

- Positive factor: QA/QC procedures disclosed, enhancing confidence in assay results.

- Negative factor: Intercept is historical, reducing novelty.

- Negative factor: Grade is moderate for an open-pit gold project.

Evidence · text

> 86.0m of 1.37 g/t Au from 314.0m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project Gold X2 Inter"

## Resource Estimates (4)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-x2-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-resource-facts-0)

Moss Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-02T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Peter Flindell
- Resource group id: resource:4c21d9eaed3a4745738b
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2026-06-02

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: The updated indicated gold resource is substantial and reported under NI 43-101 standards with QP sign-off, which is a strong positive for the project's development potential.

- Positive factor: Significant indicated gold resource of 2.458 million ounces, providing a solid foundation for project development.

- Positive factor: Resource is NI 43-101 compliant, indicating a high standard of reporting and geological confidence.

- Positive factor: QP sign-off by Peter Flindell, PGeo, MAusIMM, MAIG, enhances credibility.

Evidence · text

> 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

#### 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

**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: qp\_signed is true

**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-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-resource-facts-1)

Moss Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-02T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Peter Flindell
- Resource group id: resource:c10b35313033778aa48c
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2026-06-02

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: The updated inferred gold resource is substantial and reported under NI 43-101 standards with QP sign-off, indicating significant potential, though it is a lower confidence category.

- Positive factor: Large inferred gold resource of 4.209 million ounces provides significant exploration upside and potential for future conversion to higher confidence categories.

- Positive factor: Resource is NI 43-101 compliant, indicating a high standard of reporting and geological confidence.

- Positive factor: QP sign-off by Peter Flindell, PGeo, MAusIMM, MAIG, enhances credibility.

Evidence · text

> and 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

**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: qp\_signed is true

**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-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-resource-facts-2)

Moss Gold Project · silver

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-02T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Peter Flindell
- Resource group id: resource:2353a1defe0d2408cbe5
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2026-06-02

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: The updated indicated silver resource provides additional value to the project and is reported under NI 43-101 standards with QP sign-off.

- Positive factor: Significant indicated silver resource of 3.160 million ounces, adding byproduct value to the project.

- Positive factor: Resource is NI 43-101 compliant, indicating a high standard of reporting and geological confidence.

- Positive factor: QP sign-off by Peter Flindell, PGeo, MAusIMM, MAIG, enhances credibility.

Evidence · text

> 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

#### 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

**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: qp\_signed is true

**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-intersects-86-0m-of-1-37-g-t-au-from-314-0m-at-qes-during-infill-drillin--4d6fec98-4b7b-4eab-871d-c2fed9ecf436#fact-resource-facts-3)

Moss Gold Project · silver

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-02T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Peter Flindell
- Resource group id: resource:bed297b7cd695e9b23df
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2026-06-02

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: The updated inferred silver resource provides significant potential for byproduct silver, reported under NI 43-101 standards with QP sign-off.

- Positive factor: Large inferred silver resource of 6.273 million ounces, providing significant exploration upside for byproduct potential.

- Positive factor: Resource is NI 43-101 compliant, indicating a high standard of reporting and geological confidence.

- Positive factor: QP sign-off by Peter Flindell, PGeo, MAusIMM, MAIG, enhances credibility.

Evidence · text

> and 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

**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: qp\_signed is true

**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.
