G50 Corp. Announces Final Results From its 2025 Drill Program

Rhea-AI Summary

G50 Corp (OTCQB: GFTYF) has announced final results from its Phase 2 drilling program at the Golconda Project in Arizona, confirming a significant polymetallic discovery. The project revealed mineralization extending over 700m strike length and depths up to 180m, containing gold, silver, zinc, and gallium.

The company identified two major target zones - the Tub and the Tub Footwall - both showing strong mineralization with gold grades increasing at depth. Notably, recent mineralogy tests confirmed sericite as the primary host for gallium mineralization, leading to U.S. Representative Paul Gosar recognizing it as a critical mineral project for Arizona.

The project's mineralogy breakthrough enables traditional mineral processing techniques for gallium concentration and extraction, positioning G50 to potentially support Western world's strategic and precious metals supply needs.

Positive

• Discovery of polymetallic deposit with 700m strike length and depths up to 180m
• Identification of two major mineralization zones with increasing gold grades at depth
• Confirmation of gallium mineralization processable through traditional methods
• Recognition as critical mineral project by U.S. Representative Paul Gosar
• Strategic positioning near existing mining infrastructure and logistics hubs

Negative

• Project still in exploration phase with no production timeline specified
• No specific grade or resource estimates provided in the announcement

News Market Reaction

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-7.51% News Effect

On the day this news was published, GFTYF declined 7.51%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Confirm Golconda Hosts Significant Intercepts of Gold, Silver, Zinc and Gallium

TUCSON, Ariz., Aug. 14, 2025 /PRNewswire/ -- G50 Corp. Limited (ASX: G50; OTCQB: GFTYF) announced final results from its Phase 2 drilling program at the Golconda Project in Arizona. The results confirm and support earlier drilling that there is a large polymetallic discovery of more than 700m at its Golconda, Arizona project, including gold, silver, zinc and gallium. Details of the drilling results are here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02978446-2A1613643&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6.

Mark Wallace, managing director/CEO of G50 said, "Today's results confirm the significant scale and nature of the Golconda project. Discovering a polymetallic gold-silver-zinc deposit over a 700m strike length and depths up to 180m is extraordinary. We've identified two major target zones, the Tub and the Tub Footwall, both showing strong mineralization with gold grades increasing at depth." He added that because of the consistent gallium results also present and recent mineralogy tests that confirm sericite as the primary host for significant gallium mineralization, the project has garnered recognition as a critical mineral project for Arizona by U.S. Representative Paul Gosar.

"This substantial discovery promises considerable economic benefits," Wallace explained. "The combination of polymetallic mineralization, extensive strike length, high-grade intercepts and increasing gold grades at depth highlights the project's importance and potential."

He added that geopolitical and commercial demands are driving interest in the company's Arizona project. "With our current mineralogy and metallurgical work, the G50 team believes we have the potential to help meet the Western world's need for a secure supply of strategic and precious metals."

The company recently reported a mineralogy breakthrough at this project in which their Phase 2 mineralogical test work confirmed understanding gallium mineralization at the project that will enable traditional mineral processing techniques to be used in concentration and extraction of the gallium.

G50 Corp (https://www.g50corp.com) is an exploration company focused on the southwestern U.S. The company's flagship Golconda Project comprises both patented and unpatented claims and is ideally positioned near existing mining infrastructure and logistics hubs to meet the United States' growing demand for domestic mineral resources.

View original content:https://www.prnewswire.com/news-releases/g50-corp-announces-final-results-from-its-2025-drill-program-302529724.html

SOURCE G50 Corp Limited

FAQ

What did G50 Corp (GFTYF) discover in its 2025 Golconda Project drilling program?

G50 Corp discovered a significant polymetallic deposit extending over 700m strike length and depths up to 180m, containing gold, silver, zinc, and gallium mineralization.

Where is G50 Corp's Golconda Project located and what makes it strategic?

The Golconda Project is located in Arizona and is strategically positioned near existing mining infrastructure. It has been recognized as a critical mineral project due to its gallium content and potential to support domestic mineral supply.

What are the main mineralization zones identified in G50 Corp's Golconda Project?

The project has identified two major target zones: the Tub and the Tub Footwall, both showing strong mineralization with gold grades increasing at depth.

What is significant about G50 Corp's gallium mineralization discovery?

The company's Phase 2 mineralogical test work confirmed that sericite is the primary host for gallium mineralization, enabling the use of traditional mineral processing techniques for concentration and extraction.

How does G50 Corp's discovery align with U.S. strategic interests?

The project has been recognized as a critical mineral project for Arizona by U.S. Representative Paul Gosar and could help meet the Western world's need for secure strategic and precious metals supply.