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Gold 50 Ltd. ( (AU:G50) ) just unveiled an announcement.
G50 Corp Limited has announced a significant breakthrough in the mineralogy of gallium at its Golconda Project, revealing that approximately 90% of gallium is hosted in sericite, a type of muscovite. This discovery simplifies the extraction process, enhancing the project’s potential for commercial gallium production. The recent drilling results have confirmed consistent gallium grades, positioning Golconda as a key player in the US market for precious metals and gallium, with implications for defense and data center industries.
More about Gold 50 Ltd.
G50 Corp Limited is a company operating in the mining industry, with a focus on the exploration and development of precious metals and gallium. Its primary project is the Golconda Gold-Silver-Zinc Project located in Arizona, USA, where it aims to supply domestic US needs, including defense and data center power demand.
Average Trading Volume: 567,299
Technical Sentiment Signal: Buy
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