Core Viewpoint - Gold X2 Mining Inc. has provided a significant update on the environmental baseline studies at the Moss Gold Project, emphasizing the expansion of the assessment scope to align with the company's development plans and the importance of de-risking the project from an environmental permitting perspective [1][14]. Environmental Baseline Studies - The environmental baseline work commenced in 2021 and has advanced significantly through 2025, with key studies including long-term water quantity and quality assessments, and a Stage 2 Archaeological Assessment, which found no significant archaeological artifacts to date [2][3]. - A Waste Geochemical Assessment initiated in 2025 indicates that most waste material is non-acid generating with negligible metal leaching [3]. - Enhanced Fisheries Assessments were conducted in 2025, with further studies planned for spring 2026 to focus on suitable habitat lakes [4]. - The Advanced Hydrogeological Field Assessment achieved two milestones in 2025, including a deep bedrock packer hole assessment and the installation of a baseline monitoring well network [5]. - A Geophysical Assessment was conducted in 2025, including a seismic survey to map overburden and develop a bedrock surface model [6]. - The hydrological study expanded in 2025, adding 15 hydrometric stations, with detailed modeling planned for 2026 [7]. - An aerial lidar survey covering over 80 km² was commissioned in fall 2025 to support hydrological and bedrock model calibration [8][9]. - Ongoing terrestrial biological assessments have focused on Species at Risk (SAR) and will continue into 2026, with no significant SAR identified to date [10]. Future Plans - In 2026, the company plans to conduct air quality monitoring, noise assessments, and socio-economic evaluations, including collaboration with Indigenous Communities [11][12]. - Mine closure planning will begin, focusing on developing conceptual site closure options [12]. - The company aims to complete ongoing studies by the end of 2026, positioning itself to enter the formal permitting process alongside a feasibility study in 2027 [13][14]. Equity Grant - The board of directors approved the grant of 11,770,000 incentive stock options and 3,870,000 restricted share units to management, directors, and consultants, with options exercisable at $0.51 per share for five years [14]. Company Overview - Gold X2 is focused on delivering long-term shareholder value through the acquisition and advancement of primary gold assets, with the Moss Gold Project being a key asset [19]. The project has seen over $75 million in investment and approximately 100,000 meters of drilling, with a mineral resource estimate of 1.54 million ounces of Indicated gold resources at 1.23 g/t Au [19].

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce commencement of environmental baseline studies at the Company's 100% owned, road-accessible Scottie Gold Mine DSO Project (the "Project") in British Columbia's Golden Triangle region. A comprehensive environmental baseline program will position the Company to advance permitting and demonstrate the Project is a simplistic, low-imp ...