AngloGold Just Made A HUGE Investment in Gold X2 - Here’s Why
VRIC Media Jun 9, 2026
Summary
AngloGold Ashanti made a strategic investment in Gold X2, signaling major validation for the company's Ontario gold project and its development timeline.
An ongoing 160,000-metre drill program with eight rigs aims to expand the resource and extend mine life beyond what the current PEA (Preliminary Economic Assessment) outlines.
Henrichsen argues the market has not yet priced in the project's full scale, pointing to underground optionality and strong infrastructure as key de-risking advantages.