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A high-angle view of a large open-pit mine surrounded by dense forest, a winding river, and distant mountains under a cloudy sky.

A high-angle view of a large open-pit mine surrounded by dense forest, a winding river, and distant mountains under a cloudy sky.
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Gold X2 Mining (Previously Goldshore Resources) was formed in 2021. They acquired the Moss Lake project (Ontario, Canada) from Wesdome Mines. They drilled aggressively (100,000 meters) from 2021 to 2023. Now they have 6M oz of inferred at 1.1 gpt, including a 3.5M oz high grade section at 1.8 gpt. Plus, it has a 35-kilometer mineralized trend with many high-priority targets. This should be a big mine. They plan to begin the permitting after the PFS is completed, which will take at least 3 years. So, no production until 2030 or 2031. Ouch. That's a long wait. Here is the timeline: Updated resource in Q4 2025 Updated PEA due in Q4 2025 PFS possible in 2026 Permitting will not begin until PFS is completed and will take 3 years. Possible construction in 2028. Probably an 18-month build. Production is possible in 2030 or 2031. Long wait. They claim to have 30 high-priority targets on an 8-kilometer strike. So, they have significant exploration potential. This could be an 8M oz property. The one thing they have going for them is the size of the project. It could be a good optionality play. See more

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