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G50 Corp Limited (ASX:G50)

ALERT: Price-sensitive ASX Announcement for G50
Current share price for G50 : $0.505 -0.155 (-23.48%)+
Announcement
Release
27 Jul 2026 9:58AM
Price at Release
$0.660
Full Release
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Summary
G50 Corp Limited announced the extension of the Golconda Mineralisation over a strike length of 1.8 km within the Tub Structural Zone, confirming significant shallow gold, silver, and gallium mineralisation as a result of its 2025/2026 drill program. The drilling results from the Golconda Project in Arizona reveal multiple significant intercepts in both gold and silver, emphasizing the project's potential for precious and critical metals. The Tub Structural Zone hosts various sub-parallel polymetallic quartz-sulphide veins, providing a robust framework for this mineralisation, which starts at the surface and extends to a depth of 400 meters. G50 Corp plans further exploration and metallurgical studies to advance the project, with a focus on expanding mineralisation continuity and assessing economic viability.
Key Points
  • Mineralisation confirmed over 1.8 km strike length at Golconda.
  • Significant shallow gold-silver and gallium mineralisation reported.
  • Drilling program expanded the known mineralisation at Golconda Project.
  • Tub Structural Zone hosts multiple polymetallic veins.
  • Plans for further exploration and metallurgical studies announced.
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.