The company reported shallow gold-silver and gallium mineralization across Arizona’s Tub Structural Zone and said new funding will accelerate drilling at the Golconda and White Caps projects in Arizona and Nevada.
G50 Corp. said final results from its 2025-2026 drill program at the 100%-owned Golconda Project in northwest Arizona confirmed shallow gold-silver and gallium mineralization within the district-scale Tub Structural Zone and extended the mineralized strike to about 1.8 km, with the company also citing more than 1.89 km of strike length. The company highlighted four angled reverse circulation drillholes at the northwestern-most Golden Eagle target as further expanding and confirming the project’s potential. Separately, G50 said it secured commitments totaling US$18.23 million to accelerate drilling at its Golconda project in Arizona and White Caps project in Nevada.