G50 Corp. Reports High-Grade Gold and Silver at Golconda Project, Arizona
G50 Limited reports significant gold and silver mineralization over 1.3 km at the Golconda Project in Arizona. The findings indicate strong potential for district-scale tonnage and highlight gallium's consistent presence, suggesting future commercialization opportunities.
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G50 Limited (ASX: G50; OTCQX: GFTYF) confirmed high-grade gold and silver mineralization in parallel veins over a 1.3 km strike at its Golconda Project in Arizona. Recent drilling results from the 2025-2026 core and 2026 reverse circulation programs show consistent gallium presence across nearly all holes, with significant shallow intercepts.
The drilling has successfully extended mineralization depth to 400 m and confirmed a multi-vein system, indicating potential for stacked mineralization. The structural corridor spans 200-600 m in width and hosts a complex polymetallic system, including base metals like zinc and lead. The project's commercial viability is bolstered by the strategic gallium target and strong early metallurgy.
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