G50 announces Mineralogy Breakthrough for Gallium at Its Golconda Gold-Silver-Zinc Project in Arizona

Core Insights - G50 Corp Limited has confirmed a significant breakthrough in understanding gallium mineralization at its Golconda Project, enabling the use of traditional mineral processing techniques for gallium extraction [1][2]. Mineralogical Study Results - The Phase 2 mineralogical study revealed that 85 to 92% of the total gallium is found in sericite, a type of muscovite, which is beneficial for gallium concentration and extraction [2]. - The coarse-grained nature of the rock is also a positive characteristic for traditional mineral processing methods [2]. Project Significance - The managing director/CEO of G50 highlighted that targeting muscovite allows for the development of a conventional extraction flow sheet for gallium recovery, marking a milestone for the Golconda Project [3]. - Recent drilling has confirmed consistent gallium intercepts and grades, along with a significant new discovery of gold, silver, and zinc, positioning Golconda as a vital source of precious metals and potential gallium supply for the US [3]. Market Context - The supply of gallium is critically controlled by China, which has recently prohibited its entry into the US, raising concerns among US defense contractors regarding the availability of this essential metal [4]. - The urgency for domestic gallium supply is underscored by its necessity in defense production and data center power demands, highlighting the importance of advancing projects like Golconda to reduce reliance on Chinese supply [4].