Gold X2 Announces Filing of NI 43-101 Technical Report for the Moss Gold Project Preliminary Economic Assessment

Press Release

VANCOUVER, B.C., March 12, 2026: Gold X2 Mining Inc. (TSXV: AUXX / OTCQB: GSHRF / FWB: DF8) (“Gold X2” or the “Company”), announces the filing of an independent technical report (“Report”), prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), covering the Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Moss Gold Project in Northwest Ontario, Canada (the “Moss Gold Project”). The full Report, titled “Preliminary Economic Assessment – NI 43-101 Technical Report, Moss Gold Project, Ontario, Canada,” is dated March 12, 2026, with an effective date of January 26, 2026. The Report was prepared for Gold X2 Mining by G Mining Services (“GMS”) and can be found on the Company’s website at (www.goldx2.com) or under the Company’s issuer profile on SEDAR+ at (www.sedarplus.ca).

Technical Report Preparation and Qualified Persons

The PEA is dated March 12, 2026, with an effective date of January 26, 2026. It was authored by independent Qualified Persons and is in accordance with NI 43-101.

GMS was responsible for the overall report and PEA coordination, property description and location, accessibility, history, mineral processing and metallurgical testing, mineral resource estimation, mining methods, recovery methods, project infrastructures, operating costs, capex, economic analysis and project execution plan. For readers to fully understand the information in this news release, they should read the Report in its entirety, including all qualifications, assumptions, exclusions and risks. The Report is intended to be read as a whole and sections should not be read or relied upon out of context.

The technical report has been reviewed and approved by Nicolas Vanier-Larrivée, ing., G Mining Services, one of the independent QPs involved with preparation of the PEA.

About Gold X2 Mining

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world’s largest gold company and backed by one of Canada’s pre-eminent private equity firms. The Company’s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The Company has invested over $100 million of new capital and completed approximately 100,000 meters of drilling on the Moss Gold Project, which, in aggregate, has had over 300,000 meters of drilling. 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 and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. 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 and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (“PEA”) of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company’s website and under the Company’s issuer profile on SEDAR+. For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company’s website (www.goldx2.com).

For More Information – Please Contact:

Michael Henrichsen
President, Chief Executive Officer and Director
Gold X2 Mining Inc.

E: mhenrichsen@goldx2.com
W: www.goldx2.com
T: 1-604-404-4335

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