Goldshore Resources Inc. press release

Gold X2 Intersects 86.0m of 1.37 g/t Au from 314.0m at QES During Infill Drilling at the Moss Gold Project

2026-06-02

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

Vancouver, British Columbia--(Newsfile Corp. - June 2, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8)("Gold X2" or the "Company") is pleased to announce the latest assays from its infill drilling program targeting the QES Zone at the Moss Gold Project in Northwest Ontario, Canada (the "Moss Gold Project").

Michael Henrichsen, CEO and Director of Gold X2 commented_: "These infill drill results demonstrate a meaningful expansion of the QES Zone relative to the current mineral resource estimate, through the expansion of the mineralized system by unmodelled secondary shear zones. In addition, we continue to encounter the emerging Superion Zone at shallow depths which we believe will lead to further expansion on the north side of the proposed open pit."_

Highlights

Eighteen holes, including four extensions to holes drilled in 2025, were drilled through the QES Zone to upgrade Inferred resources to the Indicated category within the current RPEEE ("Reasonable Prospects for Eventual Economic Extraction") open pit shell. Drilling continues to delineate a larger mineralized system than predicted by the Inferred resource with poorly mineralized wall rock zones excluded from the MRE converting to mineralized secondary shears. Best intercepts include:

The fourteen new holes were collared north of the QES Zone and located additional mineralized Superion-style shears outside of the current mineral resource. Intercepts include:

Technical Overview

The results of the holes drilled across the core shears in the upper part of the QES Zone 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 typical cross-section through drill holes MQD-25-149, MQD-26-362 and MQD-26-366. 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/8051/299720_dfccf3c214cbd9dc_002full.jpg)

Figure 1: Shows the location of the drill holes across the core and marginal shears in the QES and Superion Zones

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8051/299720_dfccf3c214cbd9dc_002full.jpg

[](https://images.newsfilecorp.com/files/8051/299720_dfccf3c214cbd9dc_003full.jpg)

Figure 2: Shows a typical section through drill holes MQD-25-149, MQD-26-362 and MQD-26-366 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/8051/299720_dfccf3c214cbd9dc_003full.jpg

Gold X2 has embarked on a deposit wide infill drilling program designed to upgrade Inferred resource blocks to Indicated within the RPEEE pit shell and further de-risk the Moss Gold Project. The initial program has focused on targeting the QES Zone, as this is best accessed in winter from muskeg-dominated areas north of the QES Zone. In addition, Gold X2 identified nine holes from its 2025 Superion exploration program to be extended through the core shears of the QES Zone to infill the drill spacing near the bottom of the RPEEE pit shell.

All fourteen new holes collared through overburden and encountered the expected wide epidote-chlorite altered diorite body north of the QES Zone with localized sericite-silica altered shearing, which increased in intensity and width downhole. These localised shears range from lower grade shears, such as 8.6m of 0.54 g/t from 63.45m in MQD-26-382, to high-grade Superion-style mineralization, such as 10.0m of 3.73 g/t Au from 80.0m, including 2.0m of 15.6 g/t Au from 85.0m in MQD-26-383.

Each hole, including the four extension holes, intersected the expected wide sericite-silica-hematite and sericite-chlorite altered sheared granodiorite in the QES Zone, with six holes being terminated within the granodiorite to avoid intersecting mineralization already tested from the south side. The remaining eight holes and four extension holes were extended through the granodiorite into the southern dacitic volcanic package.

This news release also includes a nineteenth hole drilled to test the eastern extension of the QES Zone that has been offset by the Sloane Fault. MQD-25-244 intersected low-grade shears typical of this area, including 21.0m @ 0.43 g/t Au from 258.0m.

Globally, the drill results from the eighteen holes infilling the MRE volume are showing 67% wider zones at an average 19% lower grade when compared to the current MRE. Intercepts of modelled mineralized shears are reconciling well. The additional volume reflects the discovery of secondary shears in zones previous modelled as wall rock and excluded from the MRE, as well as by the addition of marginal shears along the north side of QES not tested by the original southern collared drill programs. As these zones are not in the MRE, they have been modelled as low grade or waste. As such the grades intersected by these infill drill holes are higher grade than in the model despite having an overall average lower grade than the modelled shears. The net result is a significant replacement of waste with mineralization in the RPEEE pit shell.

[](https://images.newsfilecorp.com/files/8051/299720_dfccf3c214cbd9dc_004full.jpg)

Figure 3: Hole MQD-26-366: Strong to moderately sheared granodiorite with zones of sericite-hematite-silica dominated alteration yielding the high-grade intercept of 3.0m of 7.67 g/t Au from 349.0m and 6.0m of 5.82 g/t Au from 362.0m, part of the greater interval of 86.0m of 1.37 g/t Au from 314.0m.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8051/299720_dfccf3c214cbd9dc_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) | | MQD-25-149 | 140.65 | 144.71 | 4.06 | 3.2 | 1.08 | 1.08 * | | MQD-25-149 | 258.00 | 260.00 | 2.00 | 1.6 | 0.64 | 0.64 | | MQD-25-149 | 345.00 | 357.00 | 12.00 | 9.8 | 1.47 | 1.47 | | MQD-25-149 | 350.30 | 356.00 | 5.70 | 4.7 | 2.70 | 2.70 | | MQD-25-149 | 393.00 | 396.00 | 3.00 | 2.5 | 1.62 | 1.62 | | MQD-25-149 | 462.00 | 487.00 | 25.00 | 20.6 | 0.38 | 0.38 | | MQD-25-149 | 513.00 | 585.65 | 72.65 | 60.3 | 0.79 | 0.79 | | MQD-25-149 | 548.00 | 582.00 | 34.00 | 28.2 | 1.14 | 1.14 | | MQD-25-149 | 591.00 | 604.10 | 13.10 | 10.9 | 0.33 | 0.33 | | MQD-25-149 | 616.00 | 620.00 | 4.00 | 3.3 | 0.47 | 0.47 | | MQD-25-149 | 627.00 | 653.10 | 26.10 | 21.9 | 0.41 | 0.41 | | MQD-25-160 | 107.20 | 132.20 | 25.00 | 18.7 | 1.10 | 1.10 * | | MQD-25-160 | 111.10 | 113.15 | 2.05 | 1.5 | 1.69 | 1.69* | | MQD-25-160 | 117.55 | 125.20 | 7.65 | 5.7 | 2.62 | 2.62 * | | MQD-25-160 | 149.60 | 152.00 | 2.40 | 1.8 | 0.33 | 0.33 | | MQD-25-160 | 171.00 | 173.00 | 2.00 | 1.5 | 0.86 | 0.86 | | MQD-25-160 | 180.00 | 186.00 | 6.00 | 4.6 | 0.38 | 0.38 | | MQD-25-160 | 223.35 | 240.00 | 16.65 | 12.8 | 0.42 | 0.42 | | MQD-25-161 | 237.00 | 239.75 | 2.75 | 2.0 | 0.40 | 0.40 | | MQD-25-161 | 310.00 | 321.00 | 11.00 | 8.0 | 0.56 | 0.56 | | MQD-25-161 | 311.00 | 313.20 | 2.20 | 1.6 | 1.14 | 1.14 | | MQD-25-161 | 342.00 | 365.00 | 23.00 | 16.9 | 0.63 | 0.63 | | MQD-25-161 | 362.00 | 364.00 | 2.00 | 1.5 | 2.05 | 2.05 | | MQD-25-161 | 377.95 | 427.95 | 50.00 | 37.1 | 0.58 | 0.58 | | MQD-25-161 | 394.00 | 398.00 | 4.00 | 3.0 | 1.20 | 1.20 | | MQD-25-161 | 440.00 | 450.00 | 10.00 | 7.5 | 1.12 | 1.12 | | MQD-25-161 | 440.90 | 450.00 | 9.10 | 6.8 | 1.19 | 1.19 | | MQD-25-161 | 460.40 | 465.00 | 4.60 | 3.4 | 0.67 | 0.67 | | MQD-25-161 | 495.00 | 504.00 | 9.00 | 6.8 | 0.40 | 0.40 | | MQD-25-161 | 543.00 | 545.80 | 2.80 | 2.1 | 1.76 | 1.76 | | MQD-25-161 | 550.90 | 553.80 | 2.90 | 2.2 | 0.57 | 0.57 | | MQD-25-161 | 571.30 | 585.00 | 13.70 | 10.5 | 0.53 | 0.53 | | MQD-25-163 | 335.00 | 343.00 | 8.00 | 6.1 | 1.49 | 1.49 | | MQD-25-163 | 338.55 | 343.00 | 4.45 | 3.4 | 2.44 | 2.44 | | MQD-25-163 | 357.00 | 360.00 | 3.00 | 2.3 | 0.37 | 0.37 | | MQD-25-163 | 366.00 | 484.00 | 118.00 | 90.9 | 0.78 | 0.78 | | MQD-25-163 | 381.90 | 392.00 | 10.10 | 7.7 | 1.62 | 1.62 | | MQD-25-163 | 401.00 | 407.00 | 6.00 | 4.6 | 1.20 | 1.20 | | MQD-25-163 | 422.00 | 428.80 | 6.80 | 5.2 | 4.18 | 4.18 | | MQD-25-163 | 451.25 | 454.05 | 2.80 | 2.2 | 2.31 | 2.31 | | MQD-25-163 | 492.00 | 496.10 | 4.10 | 3.2 | 0.35 | 0.35 | | MQD-25-163 | 511.00 | 539.45 | 28.45 | 22.2 | 0.34 | 0.34 | | MQD-25-163 | 546.50 | 558.25 | 11.75 | 9.2 | 0.35 | 0.35 | | MQD-25-163 | 569.00 | 597.00 | 28.00 | 21.9 | 0.30 | 0.30 | | MQD-25-244 | 32.00 | 34.00 | 2.00 | 1.3 | 0.32 | 0.32 | | MQD-25-244 | 99.00 | 101.30 | 2.30 | 1.5 | 0.38 | 0.38 | | MQD-25-244 | 221.10 | 227.00 | 5.90 | 3.9 | 0.32 | 0.32 | | MQD-25-244 | 258.00 | 279.00 | 21.00 | 14.1 | 0.43 | 0.43 | | MQD-26-332 | 114.00 | 121.00 | 7.00 | 4.7 | 0.91 | 0.91 | | MQD-26-332 | 150.00 | 156.00 | 6.00 | 4.0 | 0.30 | 0.30 | | MQD-26-332 | 209.00 | 216.00 | 7.00 | 4.8 | 0.40 | 0.40 | | MQD-26-332 | 259.25 | 278.00 | 18.75 | 12.9 | 1.02 | 1.02 | | MQD-26-332 | 268.00 | 270.00 | 2.00 | 1.4 | 2.05 | 2.05 | | MQD-26-332 | 293.00 | 297.00 | 4.00 | 2.8 | 1.99 | 1.99 | | MQD-26-332 | 356.00 | 359.00 | 3.00 | 2.1 | 0.86 | 0.86 | | MQD-26-332 | 373.00 | 375.00 | 2.00 | 1.4 | 0.49 | 0.49 | | MQD-26-332 | 437.00 | 455.95 | 18.95 | 13.6 | 0.54 | 0.54 | | MQD-26-332 | 449.00 | 452.00 | 3.00 | 2.1 | 1.63 | 1.63 | | MQD-26-332 | 461.00 | 503.60 | 42.60 | 30.7 | 0.67 | 0.67 | | MQD-26-332 | 511.00 | 513.00 | 2.00 | 1.5 | 0.35 | 0.35 | | MQD-26-332 | 519.00 | 550.30 | 31.30 | 22.8 | 0.46 | 0.46 | | MQD-26-332 | 555.40 | 566.10 | 10.70 | 7.8 | 1.68 | 1.68 | | MQD-26-332 | 555.40 | 562.00 | 6.60 | 4.8 | 2.59 | 2.59 | | MQD-26-332 | 576.85 | 595.00 | 18.15 | 13.4 | 0.38 | 0.38 | | MQD-26-332 | 607.00 | 609.00 | 2.00 | 1.5 | 1.10 | 1.10 | | MQD-26-332 | 620.00 | 622.00 | 2.00 | 1.5 | 0.31 | 0.31 | | MQD-26-332 | 630.00 | 637.05 | 7.05 | 5.2 | 1.22 | 1.22 | | MQD-26-332 | 634.00 | 636.00 | 2.00 | 1.5 | 2.73 | 2.73 | | MQD-26-332 | 653.00 | 657.00 | 4.00 | 3.0 | 0.50 | 0.50 | | MQD-26-334 | 27.00 | 29.00 | 2.00 | 1.3 | 0.31 | 0.31 | | MQD-26-334 | 74.40 | 79.00 | 4.60 | 3.0 | 1.54 | 1.54 | | MQD-26-334 | 135.00 | 137.00 | 2.00 | 1.3 | 0.61 | 0.61 | | MQD-26-334 | 141.00 | 147.90 | 6.90 | 4.6 | 0.31 | 0.31 | | MQD-26-334 | 174.60 | 179.50 | 4.90 | 3.3 | 0.42 | 0.42 | | MQD-26-334 | 234.05 | 239.00 | 4.95 | 3.4 | 0.65 | 0.65 | | MQD-26-334 | 344.00 | 355.00 | 11.00 | 7.6 | 0.39 | 0.39 | | MQD-26-334 | 376.00 | 378.00 | 2.00 | 1.4 | 0.39 | 0.39 | | MQD-26-334 | 390.05 | 397.00 | 6.95 | 4.9 | 0.67 | 0.67 | | MQD-26-334 | 410.00 | 413.00 | 3.00 | 2.1 | 1.46 | 1.46 | | MQD-26-334 | 419.00 | 426.85 | 7.85 | 5.5 | 0.36 | 0.36 | | MQD-26-334 | 432.00 | 434.00 | 2.00 | 1.4 | 1.03 | 1.03 | | MQD-26-334 | 519.00 | 521.60 | 2.60 | 1.9 | 0.52 | 0.52 | | MQD-26-334 | 546.00 | 569.00 | 23.00 | 16.7 | 0.50 | 0.50 | | MQD-26-334 | 583.00 | 628.80 | 45.80 | 33.6 | 0.60 | 0.60 | | MQD-26-334 | 596.30 | 598.95 | 2.65 | 1.9 | 3.68 | 3.68 | | MQD-26-334 | 636.00 | 682.25 | 46.25 | 34.3 | 0.69 | 0.69 | | MQD-26-334 | 642.00 | 658.00 | 16.00 | 11.8 | 1.11 | 1.11 | | MQD-26-350 | 38.75 | 45.00 | 6.25 | 4.4 | 0.71 | 0.71 | | MQD-26-350 | 67.00 | 69.15 | 2.15 | 1.5 | 0.31 | 0.31 | | MQD-26-350 | 92.00 | 98.00 | 6.00 | 4.3 | 0.33 | 0.33 | | MQD-26-350 | 120.00 | 124.00 | 4.00 | 2.9 | 0.48 | 0.48 | | MQD-26-350 | 141.40 | 180.05 | 38.65 | 28.0 | 0.57 | 0.57 | | MQD-26-350 | 157.00 | 165.00 | 8.00 | 5.8 | 1.20 | 1.20 | | MQD-26-355 | 127.00 | 133.30 | 6.30 | 4.4 | 0.45 | 0.45 | | MQD-26-355 | 218.00 | 220.00 | 2.00 | 1.4 | 0.38 | 0.38 | | MQD-26-355 | 233.00 | 242.00 | 9.00 | 6.4 | 1.58 | 1.58 | | MQD-26-355 | 254.00 | 257.00 | 3.00 | 2.2 | 0.37 | 0.37 | | MQD-26-355 | 260.00 | 262.00 | 2.00 | 1.4 | 0.51 | 0.51 | | MQD-26-355 | 269.80 | 275.00 | 5.20 | 3.7 | 0.56 | 0.56 | | MQD-26-355 | 294.00 | 364.00 | 70.00 | 50.9 | 0.64 | 0.64 | | MQD-26-355 | 312.00 | 314.00 | 2.00 | 1.4 | 4.26 | 4.26 | | MQD-26-355 | 325.00 | 330.00 | 5.00 | 3.6 | 1.39 | 1.39 | | MQD-26-355 | 337.00 | 342.00 | 5.00 | 3.6 | 1.11 | 1.11 | | MQD-26-355 | 377.00 | 379.00 | 2.00 | 1.5 | 0.40 | 0.40 | | MQD-26-355 | 391.40 | 401.80 | 10.40 | 7.7 | 0.48 | 0.48 | | MQD-26-355 | 440.00 | 469.00 | 29.00 | 21.9 | 0.32 | 0.32 | | MQD-26-355 | 482.00 | 492.00 | 10.00 | 7.7 | 0.59 | 0.59 | | MQD-26-362 | 60.80 | 68.00 | 7.20 | 4.7 | 0.58 | 0.58 | | MQD-26-362 | 187.00 | 190.00 | 3.00 | 2.0 | 1.46 | 1.46 | | MQD-26-362 | 197.00 | 201.40 | 4.40 | 2.9 | 1.37 | 1.37 | | MQD-26-362 | 208.80 | 221.00 | 12.20 | 8.2 | 0.31 | 0.31 | | MQD-26-362 | 228.10 | 231.00 | 2.90 | 2.0 | 0.47 | 0.47 | | MQD-26-362 | 240.45 | 246.00 | 5.55 | 3.8 | 0.61 | 0.61 | | MQD-26-362 | 257.00 | 260.75 | 3.75 | 2.6 | 0.32 | 0.32 | | MQD-26-362 | 266.00 | 323.00 | 57.00 | 39.1 | 0.88 | 0.88 | | MQD-26-362 | 268.80 | 293.30 | 24.50 | 16.8 | 1.41 | 1.41 | | MQD-26-362 | 336.00 | 355.50 | 19.50 | 13.5 | 0.41 | 0.41 | | MQD-26-362 | 394.00 | 397.15 | 3.15 | 2.2 | 0.53 | 0.53 | | MQD-26-362 | 422.45 | 426.00 | 3.55 | 2.5 | 0.78 | 0.78 | | MQD-26-362 | 433.00 | 435.00 | 2.00 | 1.4 | 0.90 | 0.90 | | MQD-26-366 | 76.60 | 79.00 | 2.40 | 1.6 | 0.62 | 0.62 | | MQD-26-366 | 124.15 | 140.00 | 15.85 | 10.6 | 0.47 | 0.47 | | MQD-26-366 | 233.00 | 235.00 | 2.00 | 1.4 | 1.05 | 1.05 | | MQD-26-366 | 245.00 | 272.70 | 27.70 | 19.0 | 1.85 | 2.00 | | MQD-26-366 | 250.00 | 255.00 | 5.00 | 3.4 | 9.19 | 9.97 | | MQD-26-366 | 281.00 | 285.00 | 4.00 | 2.7 | 0.35 | 0.35 | | MQD-26-366 | 314.00 | 400.00 | 86.00 | 60.4 | 1.37 | 1.37 | | MQD-26-366 | 323.00 | 326.00 | 3.00 | 2.1 | 2.61 | 2.61 | | MQD-26-366 | 333.00 | 338.35 | 5.35 | 3.7 | 1.14 | 1.14 | | MQD-26-366 | 345.00 | 371.00 | 26.00 | 18.3 | 2.90 | 2.90 | | MQD-26-366 | 378.00 | 383.00 | 5.00 | 3.5 | 1.18 | 1.18 | | MQD-26-366 | 406.00 | 435.00 | 29.00 | 20.8 | 0.37 | 0.37 | | MQD-26-366 | 445.00 | 450.00 | 5.00 | 3.6 | 0.49 | 0.49 | | MQD-26-366 | 470.00 | 473.50 | 3.50 | 2.5 | 0.36 | 0.36 | | MQD-26-366 | 481.00 | 507.00 | 26.00 | 18.9 | 0.61 | 0.61 | | MQD-26-366 | 514.10 | 518.00 | 3.90 | 2.9 | 0.42 | 0.42 | | MQD-26-367 | 67.00 | 69.00 | 2.00 | 1.5 | 0.36 | 0.36 | | MQD-26-367 | 176.00 | 186.00 | 10.00 | 7.4 | 0.68 | 0.68 | | MQD-26-367 | 182.00 | 186.00 | 4.00 | 3.0 | 1.47 | 1.47 | | MQD-26-367 | 199.00 | 219.00 | 20.00 | 14.9 | 1.32 | 1.32 | | MQD-26-367 | 200.65 | 219.00 | 18.35 | 13.7 | 1.39 | 1.39 | | MQD-26-372 | 54.00 | 56.20 | 2.20 | 1.5 | 14.6 | 14.6 | | MQD-26-372 | 86.00 | 89.00 | 3.00 | 2.0 | 0.50 | 0.50 | | MQD-26-372 | 318.05 | 324.55 | 6.50 | 4.7 | 0.42 | 0.42 | | MQD-26-373 | 238.00 | 243.00 | 5.00 | 3.6 | 0.32 | 0.32 | | MQD-26-377 | 148.60 | 163.00 | 14.40 | 9.8 | 0.37 | 0.37 | | MQD-26-378 | 355.95 | 495.00 | 139.05 | 100.8 | 1.01 | 1.01 | | MQD-26-378 | 363.05 | 377.00 | 13.95 | 10.0 | 1.93 | 1.93 | | MQD-26-378 | 385.00 | 424.35 | 39.35 | 28.4 | 1.78 | 1.78 | | MQD-26-378 | 443.55 | 448.40 | 4.85 | 3.5 | 1.11 | 1.11 | | MQD-26-378 | 456.00 | 459.00 | 3.00 | 2.2 | 2.85 | 2.85 | | MQD-26-378 | 500.15 | 504.00 | 3.85 | 2.8 | 2.41 | 2.41 | | MQD-26-378 | 513.00 | 518.00 | 5.00 | 3.7 | 0.30 | 0.30 | | MQD-26-382 | 63.45 | 72.05 | 8.60 | 5.7 | 0.54 | 0.54 | | MQD-26-383 | 80.00 | 90.00 | 10.00 | 6.5 | 3.73 | 3.73 | | MQD-26-383 | 83.00 | 87.00 | 4.00 | 2.6 | 8.50 | 8.50 | | MQD-26-383 | 136.00 | 142.35 | 6.35 | 4.2 | 1.96 | 1.96 | | MQD-26-383 | 329.00 | 332.00 | 3.00 | 2.0 | 1.60 | 1.60 | | MQD-26-383 | 351.40 | 355.10 | 3.70 | 2.5 | 0.42 | 0.42 | | MQD-26-383 | 377.00 | 389.00 | 12.00 | 8.2 | 0.57 | 0.57 | | MQD-26-383 | 378.00 | 380.45 | 2.45 | 1.7 | 1.17 | 1.17 | | MQD-26-383 | 394.05 | 536.70 | 142.65 | 100.3 | 0.93 | 0.93 | | MQD-26-383 | 402.00 | 406.20 | 4.20 | 2.9 | 1.02 | 1.02 | | MQD-26-383 | 408.00 | 454.00 | 46.00 | 32.0 | 1.59 | 1.59 | | MQD-26-383 | 462.30 | 464.40 | 2.10 | 1.5 | 2.88 | 2.88 | | MQD-26-383 | 477.80 | 486.00 | 8.20 | 5.8 | 1.29 | 1.29 | | MQD-26-383 | 493.50 | 503.00 | 9.50 | 6.7 | 1.37 | 1.37 | | MQD-26-383 | 545.00 | 570.00 | 25.00 | 18.0 | 0.81 | 0.81 | | MQD-26-383 | 553.15 | 564.15 | 11.00 | 7.9 | 1.18 | 1.18 | | MQD-26-383 | 586.00 | 600.00 | 14.00 | 10.2 | 2.30 | 2.30 | | MQD-26-383 | 593.50 | 600.00 | 6.50 | 4.8 | 4.46 | 4.46 | | MQD-26-383 | 610.00 | 612.55 | 2.55 | 1.9 | 0.47 | 0.47 | | MQD-26-383 | 618.00 | 621.00 | 3.00 | 2.2 | 0.63 | 0.63 | | MQD-26-390 | 94.00 | 99.20 | 5.20 | 3.3 | 0.41 | 0.41 | | MQD-26-390 | 121.15 | 146.30 | 25.15 | 16.2 | 0.33 | 0.33 | | MQD-26-390 | 157.00 | 159.85 | 2.85 | 1.8 | 0.67 | 0.67 | | MQD-26-390 | 234.10 | 243.00 | 8.90 | 5.8 | 0.56 | 0.56 | | MQD-26-390 | 249.00 | 255.00 | 6.00 | 3.9 | 0.39 | 0.39 | | MQD-26-390 | 283.00 | 286.00 | 3.00 | 2.0 | 0.37 | 0.37 | | MQD-26-390 | 337.00 | 340.00 | 3.00 | 2.0 | 0.42 | 0.42 | | MQD-26-390 | 377.00 | 379.00 | 2.00 | 1.4 | 1.12 | 1.12 | | MQD-26-390 | 396.00 | 419.00 | 23.00 | 15.7 | 0.85 | 0.85 | | MQD-26-390 | 425.00 | 432.00 | 7.00 | 4.8 | 0.41 | 0.41 | | MQD-26-390 | 438.00 | 528.00 | 90.00 | 62.8 | 0.96 | 0.96 | | MQD-26-390 | 444.00 | 465.90 | 21.90 | 15.1 | 1.71 | 1.71 | | MQD-26-390 | 489.00 | 503.00 | 14.00 | 9.8 | 1.50 | 1.50 | | MQD-26-390 | 536.00 | 598.00 | 62.00 | 44.3 | 0.65 | 0.65 | | MQD-26-390 | 552.00 | 563.00 | 11.00 | 7.8 | 1.28 | 1.28 | | MQD-26-390 | 605.00 | 619.00 | 14.00 | 10.1 | 0.46 | 0.46 | | MQD-26-390 | 611.00 | 613.00 | 2.00 | 1.4 | 1.22 | 1.22 |

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.

_* Intercepts from extended holes that have been previously reported _

Table 2: Drill Collars

| HOLE | EAST | NORTH | RL | AZIMUTH | DIP | EOH | NOTES | | MQD-25-149 | 670,016 | 5,380,050 | 428 | 158.2 | -45.0 | 663.00 | Extended from 251.95m | | MQD-25-160 | 670,412 | 5,380,044 | 428 | 156.0 | -45.0 | 240.00 | Extended from 150m | | MQD-25-161 | 670,353 | 5,380,089 | 428 | 154.0 | -45.7 | 645.00 | Extended from 234m | | MQD-25-163 | 670,235 | 5,380,051 | 428 | 156.1 | -46.7 | 639.00 | Extended from 201m | | MQD-25-244 | 670,895 | 5,379,862 | 429 | 321.6 | -50.9 | 282.00 | | | MQD-26-332 | 669,583 | 5,379,692 | 428 | 155.1 | -50.0 | 657.00 | | | MQD-26-334 | 669,604 | 5,379,794 | 431 | 155.0 | -49.6 | 690.00 | | | MQD-26-350 | 670,423 | 5,379,994 | 427 | 155.1 | -46.8 | 180.05 | | | MQD-26-355 | 670,267 | 5,379,979 | 428 | 155.0 | -47.4 | 540.00 | | | MQD-26-362 | 670,078 | 5,379,824 | 428 | 154.9 | -49.4 | 480.00 | | | MQD-26-366 | 670,057 | 5,379,873 | 428 | 155.2 | -49.3 | 555.00 | | | MQD-26-367 | 669,945 | 5,379,749 | 428 | 155.1 | -49.6 | 219.00 | | | MQD-26-372 | 669,985 | 5,379,909 | 428 | 155.1 | -49.9 | 327.00 | | | MQD-26-373 | 670,010 | 5,379,851 | 428 | 155.0 | -49.9 | 252.00 | | | MQD-26-377 | 670,003 | 5,379,758 | 428 | 156.5 | -49.8 | 177.00 | | | MQD-26-378 | 669,917 | 5,379,806 | 428 | 155.0 | -49.7 | 525.00 | | | MQD-26-382 | 669,881 | 5,379,776 | 428 | 155.1 | -50.0 | 177.00 | | | MQD-26-383 | 669,820 | 5,379,771 | 428 | 154.9 | -51.4 | 621.00 | | | MQD-26-390 | 669,776 | 5,379,770 | 428 | 155.2 | -52.1 | 621.00 | |

Table 3: Drill results versus expected results from the current resource model

| HOLE ID | MODEL LENGTH | MODEL GRADE | DRILL LENGTH | DRILL GRADE | | MQD-25-149 | 54.00 | 0.95 | 161.91 | 0.69 | | MQD-25-160 | 39.20 | 0.97 | 52.05 | 0.75 | | MQD-25-161 | 148.20 | 0.65 | 129.75 | 0.64 | | MQD-25-163 | 108.30 | 0.86 | 201.30 | 0.64 | | MQD-26-332 | 83.65 | 0.74 | 186.50 | 0.72 | | MQD-26-334 | 99.00 | 1.38 | 175.80 | 0.61 | | MQD-26-350 | 29.35 | 1.58 | 57.05 | 0.54 | | MQD-26-355 | 109.75 | 0.72 | 148.90 | 0.60 | | MQD-26-362 | 104.75 | 1.02 | 124.20 | 0.71 | | MQD-26-366 | 76.25 | 0.90 | 205.35 | 1.04 | | MQD-26-367 | 31.40 | 0.73 | 32.00 | 1.06 | | MQD-26-372 | 6.45 | 0.45 | 11.70 | 3.11 | | MQD-26-373 | 4.00 | 0.36 | 5.00 | 0.32 | | MQD-26-377 | 20.40 | 0.34 | 14.40 | 0.37 | | MQD-26-378 | 107.20 | 0.99 | 147.90 | 1.02 | | MQD-26-382 | 0.00 | 0.00 | 8.60 | 0.54 | | MQD-26-383 | 96.80 | 0.60 | 222.25 | 1.13 | | MQD-26-390 | 93.00 | 0.84 | 252.10 | 0.71 |