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G50 Corp Limited (ASX:G50)

ALERT: Price-sensitive ASX Announcement for G50
Current share price for G50 : $0.610 0.255 (71.83%)+
Announcement
Release
24 Sep 2025 9:05AM
Price at Release
$0.355
Full Release
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Summary
G50 Corp Limited is advancing its exploration efforts at the White Caps Project, focusing on a 2,000-meter core drill program targeting previously intersected zones and new high-priority areas. The drilling program has reported notable concentrations of antimony, and the project entails 28 patented and 74 unpatented mining claims. Under a 10-year agreement, G50 holds a lease and option to purchase the project, which includes a 2.0% net smelter return royalty for the vendors. The acquisition of the lease was completed on 7 November 2022.
Key Points
  • G50 is preparing for a 2,000-meter core drill program in the White Caps tenure.
  • The focus is on zones intersected in recent campaigns and newly defined high-priority targets.
  • Key intercepts from the RC drilling program reported antimony concentrations.
  • The White Caps Project includes 28 patented and 74 unpatented mining claims.
  • G50 has a 10-year lease and option to purchase agreement for the White Caps Project.
  • A 2.0% net smelter return royalty is retained by the vendors.
  • G50 acquired the lease on the White Caps project on 7 November 2022.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.