Gold 50 Ltd. (AU:G50) has released an update.
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Gold 50 Ltd. announces major gallium discovery at its Golconda Project in Arizona, with significant mineralization identified, and advances its White Caps Project in Nevada with high-grade gold targets. The company is actively seeking non-dilutive funding from U.S. Federal sources to further develop these projects without affecting shareholder value. The price of gallium has seen an increase in the quarter, highlighting the potential economic impact of the discoveries.
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