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Gold 50 Ltd. ( (AU:G50) ) just unveiled an announcement.
G50 Corp Limited has announced promising preliminary results from its Phase 2 drilling program at the Golconda Project in Arizona. The recent drilling has confirmed a new discovery in the Tub Zone, characterized by significant mineralized intercepts of gold, silver, and zinc. This discovery suggests a laterally and vertically continuous mineralized zone that remains open for further exploration. The results are expected to enhance G50’s operational prospects and strengthen its position in the mining industry, potentially impacting stakeholders positively by indicating future resource expansion and development opportunities.
More about Gold 50 Ltd.
G50 Corp Limited, trading on the ASX under the symbol G50, operates in the mining industry with a focus on precious and base metal exploration. The company is actively engaged in developing its Golconda Project in Arizona, targeting significant mineralization zones such as the Tub Zone, which is part of a major crustal structure hosting various mineral deposits.
Average Trading Volume: 341,319
Technical Sentiment Signal: Buy
Find detailed analytics on G50 stock on TipRanks’ Stock Analysis page.