* Historical Estimates & Historical Production

Historical Estimates

East Coldstream Historical Estimate

This website discloses the results of a historical mineral resource estimate (the “East Coldstream Historical Estimate”) which was completed on the East Coldstream Deposit in 2011 by Foundation Resources Inc. The source of the East Coldstream Historical Estimate is as follows: McCracken, T. “Technical Report and Resource Estimate on the Osmani Gold Deposit, Coldstream Property, Northwestern Ontario”, prepared for Foundation Resources Inc. and Alto Ventures Ltd. The East Coldstream Historical Estimate is based on a 0.4 g/t Au cut-off grade. The qualified persons for the East Coldstream Historical Estimate are Todd McCracken, P.Geo. (Tetratech Wardrop), and Jeff Wilson, Ph.D., P.Geo. (Tetratech Wardrop), and the effective date of the East Coldstream Historical Estimate is December 12, 2011. Resources are presented unconstrained, undiluted and in situ. The East Coldstream Historical Estimate includes 2 gold-bearing zones. A cut-off grade of 0.4 g/t Au was selected as the official resource cut-off grade. The East Coldstream Historical Estimate is based on 116 diamond drill holes drilled from 1986 to 2011. A fixed density of 2.78 g/cm3 was used. Capping was established at 5.89 g/t Au and 5.70 g/t Au for domains EC-1 and EC-2, respectively. This is supported by statistical analysis and the high grade distribution within the deposit. Compositing was done on drill hole sections falling within the mineralized zone solids (composite = 1 m). Resources were evaluated from drill hole samples using the ID2 interpolation method in a multi-folder percent block model using Datamine Studio 3 version 3.20.5321.0. Recource categorization is based on spatial continuity based from the variography of the assays within the drillholes. Ounce (troy) = metric tons x grade / 31.10348. Calculations used metric units (metres, tonnes and g/t). The number of metric tonnes was rounded to the nearest thousand. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in NI 43-101.

Cautionary Statement Regarding Historical Estimates

The reader is cautioned that the Moss Lake Historical Estimate East and the East Coldstream Historical Estimate (the “Historical Estimates”) are considered historical in nature and as such is based on prior data and reports prepared by previous property owners. The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves. The Company has determined these historical resources are reliable, and relevant to be included here in that they demonstrate simply the mineral potential of the Moss Lake Gold Project. A qualified person has not done sufficient work to classify the Historical Estimates as current resources and Goldshore is not treating the Historical Estimates as current resources. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before the Historical Estimates can be classified as a current resource. There can be no assurance that any of the historical mineral resources, in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and do not have demonstrated economic viability. Even if classified as a current resource, there is no certainty as to whether further exploration will result in any inferred mineral resources being upgraded to an indicated or measured mineral resource category. The Historical Estimates relating to inferred mineral resources were calculated using prior mining industry standard definitions and practices for estimating mineral resource and mineral reserves. Such prior definitions and practices were utilized prior to the implementation of the current standards of the Canadian Institute of Mining for mineral resource estimation, and have a lower level of confidence.

Historical Production

This website discloses historical production from the North Coldstream Deposit. The source of such disclsoure is as follows: Schlanka, R., 1969. Copper, Nickel, Lead and Zinc Deposits of Ontario, Mineral Resources Circular No. 12, Ontario Geological Survey, pp. 314-316.

GIS & Data Management Specialist

Thunder Bay, Ontario
Full-Time 5×2
Reports to: Chief Operating Officer

Apply Now

Position Summary

Title	GIS & Data Management Specialist
Location	Thunder Bay, Ontario
Reports to	Chief Operating Officer
Type	Full-Time 5×2

The Role

We are looking for a GIS leader with a creative flare! This role is for someone who can think outside the box, is open to collaboration and has knowledge of mineral exploration and or environmental baseline monitoring. This role is suited for someone, willing to role up their sleeves and take the lead as our GIS and Data Management Specialist.

Key Responsibilities

Establish and manage a Project GIS data management system. Create compelling and informative maps and figures to support environmental permitting, marketing, community engagement and geology.
Develop specialized computer software routines, Internet-based GIS, database and business applications to customize geographic information.
Work with external organizations on data transfer and systems compatibility issues.
Integrate external software such as spreadsheets and statistical packages with GIS software.
Train and provide technical support for GIS users.
Develop and manage company document control systems and maintain high standards of quality assurance.
Follow all company safety and operational procedures.
Develop and manage Project Schedules using Microsoft Project.
Assist in creation of PowerPoint presentations, publications and marketing materials would be considered an asset.

What You Bring

Required

Applicable education and experience (minimum 2 years)
Ability to work independently
Proficiency in GIS software (i.e; ArcGIS, QGIS), Microsoft Project and SharePoint. Please list computer software experience in your resume
Organized, reliable, creative, strong communication skills

Working Conditions

Schedule is Monday – Friday 8 hours per day
Thunder Bay based

What We Offer

Competitive compensation based on experience
Travel and accommodations provided
Benefits
Career growth and development

Apply Now

Please submit your resume and letter of interest to careers@goldX2.com with GIS Specialist in the subject heading. This posting will remain open until the position is filled.

Applicants must be legally eligible to work in Canada.
Gold X2 is an equal opportunity employer.

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* Historical Estimates & Historical Production

Historical Estimates

East Coldstream Historical Estimate

Cautionary Statement Regarding Historical Estimates

Historical Production

GIS & Data Management Specialist

Position Summary

Title

Location

Reports to

Type

The Role

Key Responsibilities

What You Bring

Required

Working Conditions

What We Offer

Apply Now

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