JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Gold X2 Mining Inc.

GSHRF·AUXX·$7.91·$524.1M cap
GoldMoss Gold Project, Shebandowan area, Ontario Map

Gold X2 Mining (formerly Goldshore Resources Inc., renamed September 2025) holds the Moss Gold Project near Thunder Bay, Ontario. A 2026 updated resource outlines 2.46 million oz Indicated gold (73.8Mt at 1.04 g/t) plus 4.21 million oz Inferred (134.7Mt at 0.97 g/t). The 2026 PEA outlines a 13-year, 30,000 tpd open-pit operation producing 3.6 million oz gold total, with an after-tax NPV5% of US$2.23 billion and 22.1% IRR at US$2,750/oz gold.

Notable vs. Peers

  • Financials score of 8.2/10 is stronger than the peer average of 6.6/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEACurrent
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
8.2/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
6/10
Weaker depositStronger deposit
8.3/10
Weaker profileStronger profile
Price Chart
$0.298$0.366$1.11$0.919$7.91AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$7.91
+372.7%from low-9%from high
$1.67$8.69
$524.1M
Far belowFar above
$29.1M median
Price (USD - Local)
$7.91 - CAD 10.95
Cash Position (USD)
$83.5M
Far belowFar above
$11.6M median
Debt (USD)
$110K
Far aboveFar below
$0 median
$440.7M
Far belowFar above
$26.9M median
101.1M
Far aboveFar below
173M median
Jurisdiction
Canada
2,125,000 oz
Far belowFar above
1.3M median
$207.37/oz
Far aboveFar below
$157.18/oz median
0.03 oz/tCut-off: 0.35 g/t Au (Mineral Resource cut-off, within optimized pit shell)
Far belowFar above
0.04 oz/t median
Open pit
13.2 yrs
Far belowFar above
11 yrs median
@5%$2.2B(at $2,750/oz)
Far belowFar above
$596.9M median
0.24x
Far aboveFar below
0.46x median
This company's data hasn't been researched yet
Not enough peer data yet
$2,750/oz39% below spot ($4,480/oz)
22%Below Durrett's 25% developer bar
Far belowFar above
43% median
15.2%
0%100%
19.3% median
This company's data hasn't been researched yet
256 kmfrom Equinox Gold Corp.'s Greenstone (Hardrock)
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-3.5% since 2026-07-31 · -4.6% from peak

Your Rankings

Community Sentiment
SELLINGBUYING
CategoryCommunityYour Ranking
Overall (0)Log in to rank
Management (0)Log in to rank
Financials (0)Log in to rank
Jurisdiction (0)Log in to rank
Project Quality (0)Log in to rank

Management Team

Chief Executive Officer and Director of Gold X2 Mining Inc. Structural geologist who led Torq Resources' technical team and previously served as global structural geologist at Newmont in Ghana.

Chief Operating Officer of Gold X2 Mining Inc. Over 40 years in mineral exploration and feasibility studies, directing teams across Southeast Asia, Africa and Central America for companies including Newmont and Avocet Mining.

Chief Financial Officer of Gold X2 Mining Inc. Senior mining executive with 15+ years of experience, formerly CFO of New Found Gold Corp. CPA.

Vice President of Corporate Development at Gold X2 Mining Inc. Over 10 years specializing in resource-focused finance and institutional sales; previously director and head of mining sales at National Bank Financial.

Vice President of Sustainability at Gold X2 Mining Inc. Held senior positions at Premier Gold and Greenstone Gold, leading environmental assessments and ESG strategy for major gold operations.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
5/10

AngloGold Ashanti, a top-five global gold producer, cash-subscribed into a $115.9M non-brokered private placement in January 2026 and holds a 9.9% equity interest. Franklin Gold and Precious Metals Fund and U.S. Global Investors' World Precious Minerals Fund, both real specialist gold funds, hold small combined stakes. Three insiders bought on the open market in the past year, though a larger single insider sale offsets that buying.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.