Gold X2 Announces the Appointment of Amiel Blajchman as VP of Sustainbaility

Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2" or the "Company"), is pleased to welcome Mr. Amiel Blajchman to the senior management team of Gold X2. Mr. Blajchman joins as Vice President, Sustainability and will oversee the execution of the Company's commitment to responsibly advance the Moss Gold Project by fostering positive relationships, leading to meaningful socio-economic benefits for local communities, while navigating complex regulatory environments and minimizing environmental impacts.

Amiel Blajchman brings more than 20 years of experience advancing mining and resource development projects across Canada and internationally, including senior roles with Premier Gold Mines, Greenstone Gold Mines, Ambershaw Metallics, and Magino Mines. He has led environmental assessment and permitting processes, Indigenous and community engagement, and ESG strategy for gold, iron ore, coal, lithium, and rare earth projects, as well as provided due diligence and assurance services for companies such as Centerra Gold, Yamana Gold, and Alamos Gold.

A Professional Agrologist, he is recognized for navigating complex regulatory environments and delivering large-scale projects, including leading full environmental assessments, negotiating impact benefit agreements, and supporting major project approvals across multiple jurisdictions. In recent years, he has advised on permitting and ESG strategy for projects including lithium developments in Ontario and rare earth and gold projects in Canada and Alaska, while also serving as an independent auditor under the Responsible Gold Mining Principles. Amiel holds an Honours B.Sc. in Zoology from the University of Toronto and a Master in Environmental Studies from York University.

Michael Henrichsen, CEO of Gold X2, commented, "We're thrilled to announce Amiel Blajchman as our new Vice President of Sustainability, joining our Manager of Community and Partner Engagement and Manager of Environment and Regulatory Affairs to complete our owner's team, positioning the Company to advance the Moss Gold Project through permitting and toward a construction decision. These recent appointments demonstrate the concerted steps taken to assemble a leadership team that will be able to responsibly develop Moss into one of Canada's next big gold mines. These appointments reflect our core value of responsible development, which is fundamental to how we conduct ourselves as a Company."

Equity Grant to Management

The Company also announces that in connection with his appointment as Vice President, Sustainability, Mr. Amiel Blajchman has been granted 250,000 incentive stock options ("Options") and 100,000 restricted share units ("RSUs"), pursuant to the Company's omnibus incentive plan. The Options are each exercisable to purchase one common share of the Company (a "Common Share") at an exercise price of $1.54 for a period of five (5) years. Each RSU entitles the holder to be issued one Common Share of the Company upon vesting, the RSUs will vest one year from grant.

About Gold X2 Mining

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The Company has invested over $100 million of new capital and completed approximately 100,000 meters of drilling on the Moss Gold Project, which, in aggregate, has had over 300,000 meters of drilling. The 2026 updated NI 43-101 mineral resource estimate ("MRE") for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment ("PEA") of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company's website and under the Company's issuer profile on SEDAR+. For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company's website (www.goldx2.com).

For More Information - Please Contact:

Michael Henrichsen
President, Chief Executive Officer and Director
Gold X2 Mining Inc.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: uncertainty and variation in the estimation of mineral resources; risks related to exploration, development, and operation activities; exploration and development of the Moss Gold Project will not be undertaken as anticipated; the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; the economic performance of the deposit may not be consistent with management's expectations; the Company's exploration work may not deliver the results expected; the fluctuating price of gold; unknown liabilities in connection with acquisitions; compliance with extensive government regulation; delays in obtaining or failure to obtain governmental permits, or non-compliance with permits; environmental and other regulatory requirements; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; risks related to natural disasters, terrorist acts, health crises, and other disruptions and dislocations; global financial conditions; uninsured risks; climate change risks; competition from other companies and individuals; conflicts of interest; risks related to compliance with anti-corruption laws; the Company's limited operating history; intervention by non-governmental organizations; outside contractor risks; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance; the Superion target may not add to the current mineral resource; and other risks associated with executing the Company's objectives and strategies as well as those risk factors discussed in the Company's continuous disclosure documents filed under the Company's SEDAR+ profile at www.sedarplus.ca.

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