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G50 Corp Limited (ASX:G50)

ALERT: Price-sensitive ASX Announcement for G50
Current share price for G50 : $0.500 -0.38 (-43.18%)+
Announcement
Release
2 Jun 2026 10:17AM
Price at Release
$0.880
Full Release
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Summary
G50 Corp Limited reported on its successful 2025-2026 drilling programs at the Golconda Project in Arizona, focusing on extending and exploring gold, silver, and gallium mineralization. The programs confirmed the continuity and depth of mineralization along a 3 km structural zone, with significant intercepts of precious and base metals. The results support G50's strategy to supply strategic metals to Western markets, highlighting the project's potential for economic development.
Key Points
  • G50 Corp Limited announced results from 2025-2026 drilling at the Golconda Project in Arizona.
  • The project aimed to explore gold, silver, and gallium mineralization.
  • Golconda's mineralization extends over a 3 km strike in a structurally significant zone.
  • RC and core drilling programs confirmed mineralization continuity and depth extent.
  • Key intercepts included high-grade gold, silver, base metals, and gallium.
  • The drilling program successfully identified new targets and extended known mineralization zones.
  • G50 aims to supply strategic and precious metals to the Western world.
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.