Goldshore Resources Inc. press release

Gold X2 Drilling Intersects a Combined 172.0m of 0.96 g/t Au in Infill Drilling

2026-10-14

TSXV - TSX Venture Exchange · Gold · Copper · Silver · Tellurium · Iron · Graphite · Sulfur · Canada · Drill Results

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) - Gold X2 Mining Inc. (NYSE American: AUXX) (TSXV: AUXX) (FSE: DF80)("Gold X2" or the "Company") is pleased to announce the most recent assays from its ongoing infill drilling program targeting the Main and Southwest Zones at the Moss Gold Project in Northwest Ontario, Canada (the "Moss Gold Project").

Michael Henrichsen, CEO and Director of Gold X2 commented:_"_Our ongoing infill drilling at the Main and Southwest zones continues to deliver positive reconciliation against our existing resource model, reinforcing our confidence in the deposit and highlighting the potential for meaningful increases in contained ounces and improvements in the strip ratio. We believe these results will have a significant impact on our updated Mineral Resource Estimate, targeted for Q1 2027."

Highlights

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Nine holes were drilled at the Main Zone as part of the ongoing resource infill campaign focused on converting existing Inferred mineralization to Indicated. Infill drilling targeted both core and marginal shear systems returning multiple wide zones of moderate-grade mineralization that show a net positive reconciliation with the resource model. Select results include:

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69.55m of 0.42 g/t Au from 303.4m in MMD-26-425, and

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58.5m of 0.60 g/t Au from 391.5m

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172.0m of 0.96 g/t Au from 195.0m in MMD-26-430, including

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39.0m of 1.31 g/t Au from 195.0m, including

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18.5m of 2.44 g/t Au from 209.5m, and

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67.0m of 0.97 g/t Au (1.18 g/t Au uncut) from 255.0m, including

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2.0m of 15.9 g/t Au from 320.0m, and

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33.0m of 0.96 g/t Au from 334.0m

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4.85m of 4.75 g/t Au from 5.8m in MMD-26-452

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11.4m of 1.84 g/t Au from 213.6m in MMD-26-454, and

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130.95m of 0.55 g/t Au from 353.05m, including

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21.45m of 1.14 g/t Au from 359m

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Twelve holes were drilled at the Southwest Zone, as part of the ongoing resource infill campaign. The infill drilling continued to intersect expected wide zones of moderate-grade mineralization favorable for open-pit mining again showing a net positive reconciliation with the resource model. Select results include:

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60.65m of 0.55 g/t Au from 471.45m in MMD-26-421

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39.0m of 0.53 g/t Au from 413.0m in MMD-26-428

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39.0m of 0.58 g/t Au from 489.0m in MMD-26-429

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28.0m of 0.76 g/t Au from 379.0m in MMD-26-436

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33.25m of 0.78 g/t Au from 195.75m in MMD-26-438, including

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14m of 1.47 g/t Au from 208.0m

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86.0m of 0.42 g/t Au from 106.0m in MMD-26-441

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34.5m of 0.71 g/t Au from 313.0m in MMD-26-450

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74.15m of 0.71 g/t Au from 98.85m in MMD-26-456, including

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45m of 1.06 g/t Au from 141m, and

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55.0m of 0.37 g/t Au from 175.0m, and

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38.0m of 0.53 g/t Au from 248.0m

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37.0m of 0.62 g/t Au from 148.0m in MMD-26-458, and

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75.0m of 0.36 g/t Au from 199.0m

Technical Overview The results of the twenty-one holes drilled into the Main and Southwest Zones are illustrated in the following figures and tables. Figure 1 shows the location map of the drill holes reported in this release. Figure 2 provides a cross-section through drill hole MMD-26-415. The results are summarized in Tables 1 to 3, which include significant intercepts (Table 1), drill hole locations (Table 2) and the reconciliation between actual drill intercepts and those predicted by the current resource model (Table 3).

[](https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_002full.jpg)

Figure 1: Shows the location of the drill holes across the Main and Southwest Zones

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_002full.jpg

[](https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_003full.jpg)

Figure 2: Shows a section through drill hole MMD-26-430 with reported intersections relative to the current resource block model

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_003full.jpg

Gold X2 continues its deposit-wide infill drilling and resource expansion programs designed to upgrade in-pit Inferred resource blocks to Indicated and expand the overall mineral resource inventory of the Moss Gold Project. Twenty-one holes were drilled, nine as part of the infill of the Main Zone and twelve infilling the Southwest Zone. The drill hole plan was optimized in three dimensions using AI software to minimize the drilling requirements and maximize the conversion rate. Several of these holes are planned at differing azimuths rather than on the established drill grid, targeting multiple shallow marginal shears. These include MMD-26-423, MMD-26-426, MMD-26-447, and MMD-26-448, which are drilling away from the Main Zone and MMD-26-452, which is drilling subparallel to the Main Zone.

The nine Main Zone holes largely encountered expected geological sequences as outlined by the geological model. The additional holes have allowed for a refinement of the northern diorite-dacite contact and the northern porphyritic diorite intrusion, both of which have had limited drill intercepts. The shear zone model continues to successfully predict the location of the mineralized core shears with marginal shears showing less predictability but within a 10m accuracy.

Hole MMD-26-433 failed to locate the core shear system along the boundary of the Snodgrass Fault. Further drilling is planned to properly model the position of the late faults that offset mineralization. The core shears of the Main Zone continue to correlate with the sericite-silica-hematite sheared granodiorite and diorite units.

Twelve holes were drilled to infill the Southwest Zone, which encountered the expected geological package of massive dacitic volcanics and flow breccias intruded by a large variably altered diorite complex. The lithological units do not appear to fold into the Snodgrass Fault as gradually as modelled with the deformation appearing more sudden than anticipated. Holes MMD-26-437, -442, and -458 were drilled across the Snodgrass Fault, encountering 5-15m wide zones of annealed fault breccia. The shear model predicts narrower shears than was intercepted with mineralization occurring in 20-80m wide, weakly sheared, sericite-silica-chlorite altered diorites containing localized higher grade discrete shears ranging from 10-30cm wide.

The nine infill holes drilled at the Main Zone intersected mineralized shears that are 67% wider than modelled but contain 28% lower grades. The twelve infill holes drilled at the Southwest Zone intersected mineralized shears that are 87% wider than modelled but contain 39% lower grades. This reflects the significant addition of lower-grade secondary shears in between the primary shears, which were modelled as waste and therefore excluded from the current Mineral Resource Estimate and discovery of additional marginal shears beyond the primary shear system. The drilling results therefore exhibit a net positive reconciliation when compared to the MRE.

[](https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_004full.jpg)

Figure 3: Hole MMD-26-430: Moderate sheared diorite with intense sericite-silica-chlorite alteration containing 5% py-cp bearing quartz carbonate veins with an intercept of 2.0m of 15.85 g/t Au (22.99 g/t Au uncut) from 320.0m, part of the greater intercept of 67.0m of 0.97 g/t Au (1.18 g/t Au uncut) from 255.0m.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8051/318844_e62f951fe4969ad5_004full.jpg

Table 1: Significant intercepts

| HOLE ID | FROM | TO | LENGTH (m) | TRUE WIDTH (m) | CUT GRADE (g/t Au) | UNCUT GRADE (g/t Au) | | MMD-26-420 | 207.65 | 217.00 | 9.35 | 5.9 | 0.43 | 0.43 | | MMD-26-420 | 242.00 | 249.00 | 7.00 | 4.5 | 1.35 | 1.35 | | MMD-26-420 | 302.00 | 313.50 | 11.50 | 7.4 | 0.55 | 0.55 | | MMD-26-420 | 371.00 | 385.80 | 14.80 | 9.7 | 0.65 | 0.65 | | MMD-26-420 | 371.00 | 378.00 | 7.00 | 4.6 | 1.02 | 1.02 | | MMD-26-420 | 399.45 | 406.40 | 6.95 | 4.6 | 0.95 | 0.95 | | MMD-26-421 | 333.00 | 335.75 | 2.75 | 2.1 | 0.35 | 0.35 | | MMD-26-421 | 396.75 | 414.00 | 17.25 | 13.6 | 0.45 | 0.45 | | MMD-26-421 | 471.45 | 532.10 | 60.65 | 49.0 | 0.55 | 0.55 | | MMD-26-421 | 472.00 | 477.95 | 5.95 | 4.8 | 2.50 | 2.50 | | MMD-26-423 | 46.40 | 50.05 | 3.65 | 2.4 | 0.34 | 0.34 | | MMD-26-423 | 68.40 | 93.15 | 24.75 | 16.6 | 0.33 | 0.33 | | MMD-26-425 | 64.65 | 73.50 | 8.85 | 5.3 | 0.35 | 0.35 | | MMD-26-425 | 144.90 | 149.00 | 4.10 | 2.5 | 0.71 | 0.71 | | MMD-26-425 | 212.00 | 252.00 | 40.00 | 25.3 | 0.43 | 0.43 | | MMD-26-425 | 246.00 | 249.00 | 3.00 | 1.9 | 2.99 | 2.99 | | MMD-26-425 | 272.60 | 275.90 | 3.30 | 2.1 | 0.58 | 0.58 | | MMD-26-425 | 286.40 | 292.00 | 5.60 | 3.6 | 0.46 | 0.46 | | MMD-26-425 | 303.40 | 372.95 | 69.55 | 45.3 | 0.42 | 0.42 | | MMD-26-425 | 356.20 | 365.00 | 8.80 | 5.7 | 1.38 | 1.38 | | MMD-26-425 | 391.50 | 450.00 | 58.50 | 38.6 | 0.60 | 0.60 | | MMD-26-425 | 396.50 | 406.00 | 9.50 | 6.2 | 1.33 | 1.33 | | MMD-26-425 | 417.95 | 423.50 | 5.55 | 3.7 | 2.25 | 2.25 | | MMD-26-425 | 462.00 | 483.00 | 21.00 | 14.0 | 0.68 | 0.68 | | MMD-26-425 | 462.90 | 474.00 | 11.10 | 7.4 | 1.04 | 1.04 | | MMD-26-426 | 6.20 | 10.00 | 3.80 | 2.6 | 1.28 | 1.28 | | MMD-26-426 | 7.00 | 10.00 | 3.00 | 2.1 | 1.52 | 1.52 | | MMD-26-426 | 52.10 | 68.00 | 15.90 | 11.1 | 0.64 | 0.64 | | MMD-26-426 | 59.00 | 63.85 | 4.85 | 3.4 | 1.39 | 1.39 | | MMD-26-428 | 180.00 | 188.00 | 8.00 | 5.1 | 0.36 | 0.36 | | MMD-26-428 | 231.00 | 233.00 | 2.00 | 1.3 | 0.46 | 0.46 | | MMD-26-428 | 293.00 | 296.85 | 3.85 | 2.6 | 0.39 | 0.39 | | MMD-26-428 | 311.00 | 315.00 | 4.00 | 2.7 | 0.53 | 0.53 | | MMD-26-428 | 324.90 | 333.00 | 8.10 | 5.5 | 0.30 | 0.30 | | MMD-26-428 | 366.55 | 372.90 | 6.35 | 4.4 | 2.45 | 2.45 | | MMD-26-428 | 366.55 | 372.00 | 5.45 | 3.8 | 2.77 | 2.77 | | MMD-26-428 | 413.00 | 452.00 | 39.00 | 27.9 | 0.53 | 0.53 | | MMD-26-428 | 414.00 | 424.30 | 10.30 | 7.3 | 1.03 | 1.03 | | MMD-26-428 | 473.00 | 491.00 | 18.00 | 13.1 | 0.58 | 0.58 | | MMD-26-428 | 486.00 | 488.00 | 2.00 | 1.5 | 2.21 | 2.21 | | MMD-26-429 | 203.00 | 205.00 | 2.00 | 1.3 | 8.62 | 8.62 | | MMD-26-429 | 276.15 | 278.95 | 2.80 | 1.9 | 0.55 | 0.55 | | MMD-26-429 | 302.00 | 310.00 | 8.00 | 5.5 | 0.37 | 0.37 | | MMD-26-429 | 374.10 | 380.00 | 5.90 | 4.2 | 0.49 | 0.49 | | MMD-26-429 | 397.00 | 422.00 | 25.00 | 17.8 | 0.32 | 0.32 | | MMD-26-429 | 461.05 | 473.65 | 12.60 | 9.1 | 0.54 | 0.54 | | MMD-26-429 | 489.00 | 528.00 | 39.00 | 28.8 | 0.58 | 0.58 | | MMD-26-429 | 538.35 | 543.35 | 5.00 | 3.7 | 0.31 | 0.31 | | MMD-26-430 | 8.00 | 17.00 | 9.00 | 5.4 | 0.41 | 0.41 | | MMD-26-430 | 34.00 | 46.20 | 12.20 | 7.4 | 1.46 | 1.46 | | MMD-26-430 | 40.00 | 46.20 | 6.20 | 3.7 | 2.63 | 2.63 | | MMD-26-430 | 71.85 | 103.00 | 31.15 | 18.8 | 0.52 | 0.52 | | MMD-26-430 | 134.30 | 137.20 | 2.90 | 1.8 | 0.54 | 0.54 | | MMD-26-430 | 155.00 | 181.00 | 26.00 | 15.8 | 0.49 | 0.49 | | MMD-26-430 | 168.00 | 176.00 | 8.00 | 4.9 | 1.09 | 1.09 | | MMD-26-430 | 195.00 | 234.00 | 39.00 | 23.7 | 1.31 | 1.31 | | MMD-26-430 | 209.50 | 228.00 | 18.50 | 11.3 | 2.44 | 2.44 | | MMD-26-430 | 255.00 | 322.00 | 67.00 | 41.1 | 0.97 | 1.18 | | MMD-26-430 | 272.00 | 274.00 | 2.00 | 1.2 | 1.57 | 1.57 | | MMD-26-430 | 282.00 | 284.00 | 2.00 | 1.2 | 2.10 | 2.10 | | MMD-26-430 | 305.60 | 308.00 | 2.40 | 1.5 | 3.74 | 3.74 | | MMD-26-430 | 320.00 | 322.00 | 2.00 | 1.2 | 15.85 | 22.99 | | MMD-26-430 | 334.00 | 367.00 | 33.00 | 20.2 | 0.96 | 0.96 | | MMD-26-430 | 334.00 | 341.00 | 7.00 | 4.3 | 2.50 | 2.50 | | MMD-26-430 | 358.00 | 366.00 | 8.00 | 4.9 | 1.37 | 1.37 | | MMD-26-430 | 420.00 | 440.00 | 20.00 | 12.3 | 0.46 | 0.46 | | MMD-26-433 | 10.00 | 24.00 | 14.00 | 8.2 | 0.31 | 0.31 | | MMD-26-433 | 22.00 | 24.00 | 2.00 | 1.2 | 1.27 | 1.27 | | MMD-26-433 | 28.00 | 38.00 | 10.00 | 5.9 | 0.34 | 0.34 | | MMD-26-433 | 73.20 | 77.00 | 3.80 | 2.3 | 0.72 | 0.72 | | MMD-26-433 | 107.00 | 116.00 | 9.00 | 5.5 | 0.34 | 0.34 | | MMD-26-433 | 141.50 | 144.00 | 2.50 | 1.5 | 0.47 | 0.47 | | MMD-26-433 | 194.80 | 214.00 | 19.20 | 12.3 | 0.32 | 0.32 | | MMD-26-433 | 226.00 | 253.00 | 27.00 | 17.4 | 0.39 | 0.39 | | MMD-26-433 | 291.00 | 293.00 | 2.00 | 1.3 | 0.34 | 0.34 | | MMD-26-433 | 309.90 | 338.30 | 28.40 | 18.9 | 0.68 | 0.68 | | MMD-26-433 | 328.00 | 332.80 | 4.80 | 3.2 | 1.63 | 1.63 | | MMD-26-433 | 380.00 | 382.00 | 2.00 | 1.4 | 0.53 | 0.53 | | MMD-26-433 | 398.00 | 403.00 | 5.00 | 3.4 | 0.43 | 0.43 | | MMD-26-433 | 422.65 | 461.00 | 38.35 | 26.2 | 0.37 | 0.37 | | MMD-26-436 | 188.35 | 203.00 | 14.65 | 10.2 | 0.40 | 0.40 | | MMD-26-436 | 198.45 | 202.00 | 3.55 | 2.5 | 1.21 | 1.21 | | MMD-26-436 | 227.30 | 230.50 | 3.20 | 2.3 | 0.56 | 0.56 | | MMD-26-436 | 244.00 | 248.80 | 4.80 | 3.4 | 0.61 | 0.61 | | MMD-26-436 | 295.00 | 298.00 | 3.00 | 2.2 | 0.47 | 0.47 | | MMD-26-436 | 310.00 | 313.00 | 3.00 | 2.2 | 0.59 | 0.59 | | MMD-26-436 | 345.00 | 348.00 | 3.00 | 2.3 | 0.58 | 0.58 | | MMD-26-436 | 353.00 | 355.00 | 2.00 | 1.5 | 0.34 | 0.34 | | MMD-26-436 | 359.00 | 367.00 | 8.00 | 6.1 | 0.34 | 0.34 | | MMD-26-436 | 379.00 | 407.00 | 28.00 | 21.4 | 0.76 | 0.76 | | MMD-26-436 | 397.00 | 407.00 | 10.00 | 7.7 | 1.40 | 1.40 | | MMD-26-436 | 420.00 | 456.05 | 36.05 | 27.9 | 0.30 | 0.30 | | MMD-26-436 | 458.10 | 481.00 | 22.90 | 17.8 | 0.48 | 0.48 | | MMD-26-437 | 124.00 | 126.00 | 2.00 | 1.3 | 0.86 | 0.86 | | MMD-26-437 | 188.00 | 237.00 | 49.00 | 32.7 | 0.36 | 0.36 | | MMD-26-437 | 255.00 | 267.20 | 12.20 | 8.2 | 1.03 | 1.03 | | MMD-26-437 | 257.00 | 266.55 | 9.55 | 6.5 | 1.15 | 1.15 | | MMD-26-438 | 132.60 | 138.45 | 5.85 | 4.0 | 0.43 | 0.43 | | MMD-26-438 | 195.75 | 229.00 | 33.25 | 23.4 | 0.78 | 0.78 | | MMD-26-438 | 208.00 | 222.00 | 14.00 | 9.9 | 1.47 | 1.47 | | MMD-26-438 | 266.00 | 268.00 | 2.00 | 1.4 | 0.71 | 0.71 | | MMD-26-441 | 106.00 | 192.00 | 86.00 | 54.3 | 0.42 | 0.42 | | MMD-26-441 | 128.80 | 133.00 | 4.20 | 2.6 | 2.00 | 2.00 | | MMD-26-441 | 177.00 | 179.00 | 2.00 | 1.3 | 3.39 | 3.39 | | MMD-26-441 | 242.00 | 244.00 | 2.00 | 1.3 | 0.36 | 0.36 | | MMD-26-441 | 268.00 | 273.00 | 5.00 | 3.3 | 0.34 | 0.34 | | MMD-26-441 | 296.00 | 314.00 | 18.00 | 12.0 | 0.43 | 0.43 | | MMD-26-441 | 335.00 | 337.00 | 2.00 | 1.4 | 1.25 | 1.25 | | MMD-26-441 | 348.00 | 350.00 | 2.00 | 1.4 | 0.31 | 0.31 | | MMD-26-443 | 20.05 | 25.00 | 4.95 | 3.0 | 0.53 | 0.53 | | MMD-26-443 | 210.55 | 237.00 | 26.45 | 15.5 | 0.37 | 0.37 | | MMD-26-443 | 327.00 | 338.85 | 11.85 | 7.0 | 0.42 | 0.42 | | MMD-26-443 | 395.00 | 402.00 | 7.00 | 4.1 | 1.87 | 1.87 | | MMD-26-443 | 468.00 | 481.00 | 13.00 | 7.7 | 0.37 | 0.37 | | MMD-26-447 | 36.00 | 38.25 | 2.25 | 1.5 | 0.65 | 0.65 | | MMD-26-448 | 6.30 | 20.05 | 13.75 | 9.1 | 0.46 | 0.46 | | MMD-26-450 | 174.00 | 183.00 | 9.00 | 6.2 | 0.41 | 0.41 | | MMD-26-450 | 264.00 | 272.00 | 8.00 | 5.7 | 0.36 | 0.36 | | MMD-26-450 | 313.00 | 347.50 | 34.50 | 25.4 | 0.71 | 0.71 | | MMD-26-450 | 330.00 | 343.00 | 13.00 | 9.6 | 1.32 | 1.32 | | MMD-26-450 | 391.95 | 396.00 | 4.05 | 3.1 | 0.32 | 0.32 | | MMD-26-450 | 409.00 | 425.00 | 16.00 | 12.3 | 1.08 | 1.08 | | MMD-26-450 | 409.00 | 422.00 | 13.00 | 9.9 | 1.25 | 1.25 | | MMD-26-452 | 5.80 | 10.65 | 4.85 | 3.0 | 4.75 | 4.75 | | MMD-26-452 | 7.00 | 10.65 | 3.65 | 2.2 | 6.02 | 6.02 | | MMD-26-452 | 76.00 | 80.90 | 4.90 | 2.9 | 0.59 | 0.59 | | MMD-26-452 | 240.00 | 244.00 | 4.00 | 2.4 | 0.34 | 0.34 | | MMD-26-452 | 308.00 | 314.00 | 6.00 | 3.6 | 0.69 | 0.69 | | MMD-26-452 | 347.05 | 363.15 | 16.10 | 9.7 | 0.38 | 0.38 | | MMD-26-454 | 102.00 | 110.00 | 8.00 | 5.0 | 0.31 | 0.31 | | MMD-26-454 | 120.00 | 134.00 | 14.00 | 8.8 | 0.41 | 0.41 | | MMD-26-454 | 157.00 | 159.00 | 2.00 | 1.3 | 0.59 | 0.59 | | MMD-26-454 | 177.70 | 181.00 | 3.30 | 2.1 | 0.41 | 0.41 | | MMD-26-454 | 213.60 | 263.00 | 49.40 | 31.8 | 0.59 | 0.59 | | MMD-26-454 | 213.60 | 225.00 | 11.40 | 7.3 | 1.84 | 1.84 | | MMD-26-454 | 279.65 | 295.60 | 15.95 | 10.4 | 1.04 | 1.04 | | MMD-26-454 | 329.00 | 341.00 | 12.00 | 7.9 | 0.45 | 0.45 | | MMD-26-454 | 334.00 | 336.00 | 2.00 | 1.3 | 1.49 | 1.49 | | MMD-26-454 | 353.05 | 484.00 | 130.95 | 87.1 | 0.55 | 0.55 | | MMD-26-454 | 359.00 | 380.45 | 21.45 | 14.2 | 1.14 | 1.14 | | MMD-26-454 | 400.10 | 402.70 | 2.60 | 1.7 | 1.37 | 1.37 | | MMD-26-454 | 435.10 | 442.00 | 6.90 | 4.6 | 2.23 | 2.23 | | MMD-26-454 | 496.00 | 505.00 | 9.00 | 6.0 | 0.59 | 0.59 | | MMD-26-456 | 77.75 | 79.90 | 2.15 | 1.6 | 0.49 | 0.49 | | MMD-26-456 | 98.85 | 173.00 | 74.15 | 55.4 | 0.71 | 0.71 | | MMD-26-456 | 141.00 | 186.00 | 45.00 | 34.6 | 1.06 | 1.06 | | MMD-26-456 | 175.00 | 230.00 | 55.00 | 43.0 | 0.37 | 0.37 | | MMD-26-456 | 240.05 | 242.60 | 2.55 | 2.0 | 0.32 | 0.32 | | MMD-26-456 | 248.00 | 286.00 | 38.00 | 30.2 | 0.53 | 0.53 | | MMD-26-456 | 316.80 | 322.10 | 5.30 | 4.3 | 1.59 | 1.59 | | MMD-26-456 | 345.20 | 369.00 | 23.80 | 19.4 | 0.38 | 0.38 | | MMD-26-458 | 15.00 | 17.00 | 2.00 | 1.3 | 0.48 | 0.48 | | MMD-26-458 | 47.30 | 53.00 | 5.70 | 3.9 | 0.32 | 0.32 | | MMD-26-458 | 88.00 | 91.00 | 3.00 | 2.1 | 0.38 | 0.38 | | MMD-26-458 | 121.00 | 129.00 | 8.00 | 5.8 | 0.36 | 0.36 | | MMD-26-458 | 148.00 | 185.00 | 37.00 | 27.9 | 0.62 | 0.62 | | MMD-26-458 | 179.50 | 184.00 | 4.50 | 3.4 | 1.80 | 1.80 | | MMD-26-458 | 199.00 | 274.00 | 75.00 | 58.5 | 0.36 | 0.36 | | MMD-26-458 | 265.75 | 269.40 | 3.65 | 2.9 | 3.51 | 3.51 | | MMD-26-458 | 293.00 | 306.80 | 13.80 | 11.1 | 0.76 | 0.76 | | MMD-26-458 | 300.80 | 306.80 | 6.00 | 4.9 | 1.47 | 1.47 | | Intersections calculated above a 0.3 g/t Au cut off with a top cut of 30 g/t Au and a maximum internal waste interval of 5 metres. Shaded intervals are intersections calculated above a 1.0 g/t Au cut off. Intervals in bold are those with a grade thickness factor exceeding 20 gram x metres / tonne gold. True widths are approximate and assume a subvertical body. | | | | | | |

Table 2: Drill Collars

| HOLE | EAST | NORTH | RL | AZIMUTH | DIP | EOH | | MMD-26-423 | 669,009 | 5,379,313 | 427 | 322.1 | -48.8 | 117.00 | | MMD-26-425 | 668,733 | 5,379,231 | 436 | 137.0 | -53.7 | 513.00 | | MMD-26-426 | 668,957 | 5,379,251 | 428 | 322.2 | -46.0 | 132.00 | | MMD-26-430 | 668,902 | 5,379,229 | 431 | 140.1 | -53.6 | 461.00 | | MMD-26-443 | 668,732 | 5,379,230 | 436 | 165.4 | -53.2 | 549.00 | | MMD-26-447 | 668,993 | 5,379,344 | 437 | 327.9 | -49.6 | 102.00 | | MMD-26-448 | 668,964 | 5,379,344 | 438 | 343.0 | -48.3 | 102.00 | | MMD-26-452 | 669,043 | 5,379,399 | 440 | 226.9 | -52.3 | 410.60 | | MMD-26-454 | 668,728 | 5,379,215 | 435 | 142.9 | -53.1 | 507.00 | | MMD-26-420 | 668,097 | 5,378,309 | 450 | 140.0 | -54.4 | 411.00 | | MMD-26-421 | 668,181 | 5,378,450 | 443 | 126.1 | -49.6 | 555.00 | | MMD-26-428 | 668,161 | 5,378,336 | 447 | 136.1 | -53.3 | 507.00 | | MMD-26-429 | 668,144 | 5,378,379 | 442 | 124.1 | -53.4 | 546.30 | | MMD-26-433 | 668,202 | 5,378,273 | 455 | 120.0 | -54.3 | 468.00 | | MMD-26-436 | 668,223 | 5,378,403 | 440 | 141.1 | -51.1 | 489.30 | | MMD-26-437 | 668,531 | 5,378,567 | 436 | 129.1 | -51.0 | 333.00 | | MMD-26-438 | 668,297 | 5,378,299 | 453 | 120.0 | -48.9 | 288.00 | | MMD-26-441 | 668,337 | 5,378,272 | 445 | 135.9 | -53.0 | 351.00 | | MMD-26-450 | 668,272 | 5,378,387 | 436 | 145.0 | -53.1 | 450.00 | | MMD-26-456 | 668,420 | 5,378,343 | 445 | 131.0 | -49.0 | 399.00 | | MMD-26-458 | 668,461 | 5,378,374 | 439 | 120.2 | -48.2 | 330.00 |

Table 3: Infill drill results versus expected results from the current resource model

| HOLE ID | MODEL LENGTH | MODEL GRADE | DRILL LENGTH | DRILL GRADE | | AREA | | MMD-26-423 | 4.00 | 1.15 | 28.40 | 0.33 | | Main | | MMD-26-425 | 116.30 | 0.89 | 210.90 | 0.50 | | Main | | MMD-26-426 | 21.85 | 0.82 | 19.70 | 0.76 | | Main | | MMD-26-430 | 137.25 | 1.12 | 240.25 | 0.87 | | Main | | MMD-26-443 | 93.20 | 0.50 | 63.25 | 0.56 | | Main | | MMD-26-447 | | | 2.25 | 0.65 | | Main | | MMD-26-448 | | | 13.75 | 0.46 | | Main | | MMD-26-452 | 22.00 | 0.94 | 35.85 | 1.05 | | Main | | MMD-26-454 | 120.95 | 0.96 | 244.60 | 0.57 | | Main | | MMD-26-420 | 23.85 | 1.30 | 49.60 | 0.72 | | SW | | MMD-26-421 | 46.35 | 2.20 | 80.65 | 0.52 | | SW | | MMD-26-428 | 66.25 | 0.51 | 89.30 | 0.63 | | SW | | MMD-26-429 | 36.10 | 2.07 | 100.30 | 0.63 | | SW | | MMD-26-433 | 56.45 | 0.74 | 161.25 | 0.43 | | SW | | MMD-26-436 | 37.40 | 0.58 | 128.60 | 0.48 | | SW | | MMD-26-437 | 38.40 | 0.96 | 63.20 | 0.50 | | SW | | MMD-26-438 | 40.90 | 0.53 | 41.10 | 0.72 | | SW | | MMD-26-441 | 89.30 | 0.63 | 115.00 | 0.43 | | SW | | MMD-26-450 | 46.40 | 0.49 | 71.55 | 0.70 | | SW | | MMD-26-456 | 111.00 | 0.76 | 200.95 | 0.52 | | SW | | MMD-26-458 | 74.35 | 0.71 | 144.50 | 0.47 | | SW |