Gold X2 Mining Inc. AUXX

 — 
5.32 (0.02) (0.37%) as of 25 Sep
Market cap
$539.9M
P/E
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predictions in italic, sparklines do not include predictions

All 10 years →

Gold X2 Mining Inc. (AUXX) Latest News

News by impact score

Fine-tune

21 Sep

4

Gold X2 Mining Inc. named Steven Scott as Chief Geologist to lead exploration and advance Moss Gold Project geology and resource growth. Scott brings 15+ years in gold exploration, modelling and project evaluation, including work with Orla Mining. The company reports a 160,000-metre drill program accelerating to 20,000–25,000 m/month, with 223 holes totaling 99,257 m completed as of Sept. 15, 2026. Cash and equivalents sit around C$85 million. Updates include inclusion in the VanEck GDXJ index and NYSE American listing (AUXX) after a 6:1 consolidation, and an exclusive LOI with Bold Ventures to acquire mineral claims for C$500k cash, 150,000 shares, and a 2% NSR on rare earths. A royalty spin-out remains on track. The company targets an updated Moss MRE in Q1 2027, followed by mine optimization in Q2 2027, a Feasibility Study and permitting in 2028, and continued pre-feasibility and environmental baseline work. Multiple strategic milestones—leadership appointment, expanded drilling, stronger cash position, NYSE listing, GDXJ inclusion, and a significant royalty/claims transaction—meaningfully boost investor access and Moss resource development prospects.

3

Bold Ventures Inc. and Gold X2 Mining Inc. signed a binding LOI under which Gold X2 will acquire 38 mining claim units on the west boundary of Bold’s Burchell Property, adjoining Gold X2’s Moss Project. The 38 Claims cover about 6.5 km2 and host historic gold and critical mineral occurrences. Consideration includes C$500,000 cash, 150,000 Gold X2 shares (~C$1.25 million at the Sept 18, 2026 close), and a 2% NSR on all Canadian Critical Minerals mined from within the claims; Gold X2 may buy back 1% NSR for C$1 million. The 38 Claims are subject to a pre-existing 3% NSR; half of that can be purchased for C$2.5 million. Burchell would total ~39.4 km2 with 204 claim units. Deal is subject to definitive agreements and TSX-V approval. Bold plans continued exploration at the 111 Zone and Hermia Pluton, with TREO up to 3,060 ppm, and views non-dilutive cash with upside via royalties. Adds adjacent acreage with royalty upside for AUXX while imposing a 2% NSR on critical minerals that could limit future cash flows.

14 Sep

3

Gold X2 Mining (AUXX) announces inclusion in the GDXJ index. GDXJ inclusion may attract ETF inflows and increase visibility for the junior miner.

10 Sep

4

Gold X2 Mining intersects 173.0m of 0.89 g/t Au 100m beneath the RPEEE Pit at QES. Drilling results indicate significant gold mineralization extension below the pit, likely boosting resource estimates and company valuation.

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