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Gold 50 Ltd. ( (AU:G50) ) has shared an announcement.
G50 Corp Limited has divested its non-core Nevada Projects, including Broken Hills, Caisson, Spitfire, and Top Gun, to Renegade Exploration Limited. This strategic move allows G50 to concentrate resources on its flagship Golconda Project in Arizona and the White Caps Project in Nevada, enhancing shareholder value. The divestment aligns with recent exploration successes at Golconda, such as the discovery of a large gallium halo and high-grade precious metals, which have increased activity in 2025. The company is also focusing on a multi-month RC drilling program and early-stage discussions with the US government.
More about Gold 50 Ltd.
G50 Corp Limited is an exploration company focused on the southwestern United States, primarily operating in Arizona at its Golconda Project and in Nevada at its White Caps Project.
Average Trading Volume: 229,278
Technical Sentiment Signal: Buy
Find detailed analytics on G50 stock on TipRanks’ Stock Analysis page.