Gold X2 Drilling Intersects a Combined 172.0m of 0.96 g/t Au in Infill Drilling
Gold X2 reported positive infill drilling results at the Moss Gold Project in Northwest Ontario, with 21 holes at the Main and Southwest Zones delivering a net positive reconciliation against the current resource model. Highlight intercepts include 172.0m of 0.96 g/t Au in MMD-26-430 (including 18.5m of 2.44 g/t Au) and 67.0m of 0.97 g/t Au. Main Zone shears ran 67% wider than modelled at 28% lower grades, while Southwest Zone shears were 87% wider at 39% lower grades, driven by additional lower-grade secondary shears. Management expects the results to support meaningful increases in contained ounces and improved strip ratio in the updated Mineral Resource Estimate targeted for Q1 2027.
Key figures
- Holes drilled
- 21
- Inferred gold oz
- 4.209 million oz at 0.97 g/t Au
- Indicated gold oz
- 2.458 million oz at 1.04 g/t Au
- Headline intercept
- 172.0m of 0.96 g/t Au from 195.0m in MMD-26-430
- Sw zone reconciliation
- shears 87% wider than modelled but 39% lower grades
- Main zone reconciliation
- shears 67% wider than modelled but 28% lower grades
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.