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Gold X2 Mining Agrees to Acquire Star Lake Option, Expands Ontario Gold Footprint
Gold X2 Mining Inc. has signed a definitive agreement to assume an option on the Star Lake property in Northwestern Ontario — a greenfields gold exploration target that could significantly expand its land position near the Moss Gold Project.
Key Facts:
• The agreement with Sky Gold Corp. lets Gold X2 earn up to 100% interest in the Star Lake claims in stages, subject to terms and TSXV approval.
• Total land holdings would grow to ~40,456 hectares in the emerging Shebandowan Greenstone Belt.
• Early-stage obligations include exploration spending, share issuances, and cash payments; the local prospector retains a 2% NSR royalty with a buyback option.
Expert Insight:
Expanding into Star Lake strengthens Gold X2’s exploration pipeline and positions the company for potential future discoveries in a highly prospective Canadian gold belt — a key strategy for junior miners seeking growth before production.
#GoldX2 #StarLake #Exploration #TSXV #GSHRF
Gold X2 Mining Agrees to Acquire Star Lake Option, Expands Ontario Gold Footprint
Gold X2 Mining Inc. has signed a definitive agreement to assume an option on the Star Lake property in Northwestern Ontario — a greenfields gold exploration target that could significantly expand its land position near the Moss Gold Project.
Key Facts:
• The agreement with Sky Gold Corp. lets Gold X2 earn up to 100% interest in the Star Lake claims in stages, subject to terms and TSXV approval.
• Total land holdings would grow to ~40,456 hectares in the emerging Shebandowan Greenstone Belt.
• Early-stage obligations include exploration spending, share issuances, and cash payments; the local prospector retains a 2% NSR royalty with a buyback option.
Expert Insight:
Expanding into Star Lake strengthens Gold X2’s exploration pipeline and positions the company for potential future discoveries in a highly prospective Canadian gold belt — a key strategy for junior miners seeking growth before production.
#GoldX2 #StarLake #Exploration #TSXV #GSHRF
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