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G50 Corp Limited (ASX:G50)

ALERT: Price-sensitive ASX Announcement for G50
Current share price for G50 : $0.550 0.05 (10%)+
Announcement
Release
15 Jul 2026 8:28AM
Price at Release
$0.500
Full Release
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Summary
G50 Corp Limited is advancing exploration and metallurgical testing at its Golconda Project in Arizona, focusing on exploiting gallium, gold, and silver resources. Recent test work supports the potential for selectively concentrating these minerals using conventional methods, with gallium grades notably improved. This positions Golconda as a promising source for a strategic domestic supply of gallium in the U.S. The project is proceeding with further testing to refine and confirm processing pathways.
Key Points
  • G50 Corp Limited is conducting exploration and metallurgical testing at the Golconda Project in Arizona.
  • The project identifies significant gallium, gold, and silver mineralization.
  • Recent test work confirmed that gallium, gold, and silver can be selectively concentrated using conventional mineral processing techniques.
  • Gallium grades have been successfully upgraded 1.5-2.0 times through screening and desliming.
  • Gold and silver show potential as co-products with gallium.
  • The project aims to develop a strategic domestic gallium supply for the U.S. market.
  • Further test work is planned to optimize processing pathways and confirm findings.
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.