# Preliminary Economic Assessment NI 43-101 Technical Report Source Brief: https://evesgoldminers.com/research/source-briefs/gold-x2-mining-inc-preliminary-economic-assessment-ni-43-101-technical-report-4c0c1723 Original source: https://goldx2.com/technical-report/ EGM generated: 2026-09-27 Company: Gold X2 Mining Inc. (AUXX) ## Use Note This is the Eve's Gold Miners normalized Markdown copy of an official or regulatory public source. It is provided for readability, search discovery, and research resilience. The original source remains authoritative for legal, regulatory, and investment decisions. ## Extracted Document Text # Preliminary Economic Assessment NI 43-101 Technical Report Source: https://goldx2.com/technical-report/ Fetched: 2026-09-12T07:59:18.299+00:00 Source artifact: 4c0c1723-1abc-43df-ac60-a644106a7699 Normalizer input: text ## Content # Preliminary Economic Assessment NI 43-101 Technical Report Source: https://goldx2.com/technical-report/ Mining Services # Preliminary Economic # Assessment NI 43-101 Technical Report # Moss Gold Project # Thunder Bay, Ontario, Canada Prepared for: **GOLD X2 MINING INC.** 450 Commerce Place 400 Burrard Street Vancouver, BC, V6C 3A6 Prepared by: **G MINING SERVICES INC.** Office 1010, 5025 Lapinière Blvd. Brossard, QC, J4Z 0N5 Alexandre Dorval, P.Eng., G Mining Services Inc. Dominic Lussier, P.Geo., G Mining Services Inc. Carl Michaud, P.Eng., MBA, G Mining Services Inc. Charles Taschereau, P.Eng., MBA, CPA, G Mining Services Inc. Nicolas Vanier-Larrivée, P.Eng., G Mining Services Inc. Simon Shankie, M.Sc., P.Geo., CSL Environmental & Geotechnical Inc. **Effective Date: January 26, 2026** **Issue Date: March 12, 2026** --- ## IMPORTANT NOTE ## General Conditions and Limitations ## Use of the report and its contents This report has been prepared for the exclusive use of the Client or its agents. The factual information, descriptions, interpretations, comments, recommendations and electronic files contained herein are specific to the projects described in this report and do not apply to any other project or site. Under no circumstances may this information be used for any other purposes than those specified in the scope of work unless explicitly stipulated in the text of this report of formally interpreted when taken individually or out-of-context. As well, the final version of this report and its content supersedes any other text, opinion or preliminary version produced by G Mining Services Inc. --- # Preliminary Economic Assessment NI 43-101 # Technical Report – Moss Gold Project ## Thunder Bay, Ontario, Canada ## GOLD X2 MINING INC. 450 Commerce Place 400 Burrard Street Vancouver, BC. V6C 3A6 Tel: 1-604-404-4335 E-mail**:** mhenrichsen@goldx2.com Web Address: https://goldx2.com/ ## G MINING SERVICES INC. 5025 Lapinière Blvd. Office 1010, Brossard, Québec Canada J4Z 0N5 Tel: (450) 465-1950 • Fax: (450) 465-6344 E-mail: m.gignac@gmining.com Web Address: www.gmining.com **March 12, 2026** --- ## Qualified Persons Prepared by: (signed and sealed) “Alexandre Dorval” Date: March 12, 2026 Alexandre Dorval, P. Eng., Chief Mining Engineer – Open Pit Mining G Mining Services Inc. (signed and sealed) “Dominic Lussier” Date: March 12, 2026 Dominic Lussier, P. Geo. Chief Geologist G Mining Services Inc. (signed and sealed) “Carl Michaud” Date: March 12, 2026 Carl Michaud, P. Eng., MBA VP, Technical Services G Mining Services Inc. (signed and sealed) “Charles Taschereau” Date: March 12, 2026 Charles Taschereau, P. Eng., CPA, MBA VP Metallurgy, Process, Commissioning and Operation G Mining Services Inc. (signed and sealed) “Nicolas Vanier-Larrivée” Date: March 12, 2026 Nicolas Vanier-Larrivée, P. Eng. Earthworks and Study Manager G Mining Services Inc. --- Prepared by: (signed and sealed) “Simon Shankie” Simon Shankie, M. SC., P. Geo. Date: March 12, 2026 Vice President Environmental Services CSL Environmental & Geotechnical Ltd. --- ## Table of Contents [Image: X7]**SUMMARY.......................................................................................................... 1-1** 1.1 Introduction............................................................................................................. 1-1 1.2 Terms of Reference................................................................................................ 1-2 1.3 Reliance on Other Experts...................................................................................... 1-2 1.4 Property Description and Location.......................................................................... 1-3 1.5 Accessibility, Climate, Local Resources, Infrastructure & Physiography................ 1-3 1.6 History..................................................................................................................... 1-4 1.7 Geological Setting and Mineralization..................................................................... 1-4 1.7.1 Geological Setting.................................................................................................... 1-4 1.7.2 Mineralization........................................................................................................... 1-5 1.8 Deposit Types......................................................................................................... 1-5 1.9 Exploration.............................................................................................................. 1-6 1.10 Drilling .................................................................................................................... 1-6 1.11 Sampling Preparation, Analysis and Security......................................................... 1-6 1.12 Data Verification...................................................................................................... 1-6 1.13 Mineral Processing and Metallurgical Testing ........................................................ 1-7 1.14 Mineral Resource Estimate..................................................................................... 1-9 1.15 Mineral Reserve Estimate..................................................................................... 1-12 1.16 Mining Methods..................................................................................................... 1-12 1.17 Recovery Methods................................................................................................ 1-14 1.18 Project Infrastructure............................................................................................. 1-15 1.19 Market Study and Contract................................................................................... 1-16 1.20 Environmental Studies, Permitting and Social or Community Impact................... 1-17 1.21 Capital and Operating Costs:................................................................................ 1-18 1.22 Economic Analysis................................................................................................ 1-19 1.23 Adjacent Properties............................................................................................... 1-24 1.24 Other Relevant Data and Information................................................................... 1-24 1.25 Interpretation and Conclusion............................................................................... 1-25 1.26 Recommendations................................................................................................ 1-25 [Image: X8]**INTRODUCTION................................................................................................. 2-1** 2.1 Scope of Work........................................................................................................ 2-2 2.2 Site Visits................................................................................................................ 2-3 --- 2.3 Effective Date.......................................................................................................... 2-3 2.4 Previous Technical Reports.................................................................................... 2-4 2.5 Sources of Information............................................................................................ 2-4 2.6 Agreements, Mineral Tenure, Surface Rights and Royalties.................................. 2-5 2.7 Use of Non-GAAP Financial Measures................................................................... 2-5 2.8 Units of Measure, Abbreviations and Nomenclature............................................... 2-5 [Image: X10]**RELIANCE ON OTHER EXPERTS..................................................................... 3-1** 3.1 Introduction............................................................................................................. 3-1 3.2 Taxation.................................................................................................................. 3-1 3.3 Mineral Tenure and Surface Rights........................................................................ 3-1 3.4 Conclusion.............................................................................................................. 3-2 [Image: X11]**PROPERTY DESCRIPTION AND LOCATION................................................... 4-3** 4.1 Location.................................................................................................................. 4-3 4.2 Property Description............................................................................................... 4-5 4.3 Rights and Obligations Associated with Mining Titles........................................... 4-13 4.3.1 Claims.................................................................................................................... 4-13 4.3.2 Other Tenure ......................................................................................................... 4-14 4.4 Property Ownership and Agreements................................................................... 4-15 4.4.1 Earn in Agreements............................................................................................... 4-15 4.4.2 Royalty Agreements.............................................................................................. 4-15 4.5 Required Exploration Permits............................................................................... 4-27 4.5.1 Water Permits and Liabilities................................................................................. 4-27 4.5.2 Road Permit........................................................................................................... 4-28 4.5.3 Exploration Permits................................................................................................ 4-28 4.6 Environmental Liabilities....................................................................................... 4-31 **ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND** [Image: X12] **PHYSIOGRAPHY................................................................................................ 5-1** 5.1 Accessibility............................................................................................................ 5-1 5.2 Physiography.......................................................................................................... 5-1 5.3 Climate, Vegetation & Wildlife................................................................................. 5-1 5.4 Local Resources & Infrastructure............................................................................ 5-2 5.4.1 Airports, Rail Terminals, & Bus Services................................................................. 5-2 5.4.2 Local Labour & Support Services............................................................................ 5-3 5.4.3 Power & Water......................................................................................................... 5-3 5.4.4 Other Infrastructure.................................................................................................. 5-3 5.5 Community.............................................................................................................. 5-4 [Image: X13]**HISTORY............................................................................................................. 6-1** --- 6. 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