G50 Reports High-Grade Intercepts of 3.5% (35,000 ppm) Antimony from its Maiden Drilling Program at White Caps in Nevada

Core Insights - G50 Corp. Limited has reported promising results from its maiden RC drilling program at the White Caps project in Nevada, confirming gold continuity and high-grade antimony values [1][2][3] Drilling Program Details - The drilling program consisted of 12 RC holes totaling 1,385 meters, with one hole (WCRC25-007) returning a peak antimony value of 3.5% (35,000 ppm) at a depth of 77.7-79.2 meters [2] - Significant shallow gold mineralization was found in three of the four areas drilled, with high-grade gold intercepts ranging from 1-12 g/t Au and broader low-grade zones of 0.1-0.3 g/t Au [4] Geological Model Validation - The initial drilling results validate the geological model for White Caps, which was developed using historical data from Freeport and modern exploration techniques [3][5] - The project area covers approximately 2,501 acres, including 28 patented and 74 unpatented claims, and is located near Kinross Gold's Round Mountain Mine, indicating strong geological potential [5] Historical Context - The White Caps Mine historically produced over 125,000 ounces of gold at an average grade of approximately 30 g/t Au from 1905 to 1964, with renewed exploration activity in the 1980s [6] - The proximity to Scorpio Gold Corp's Manhattan Mine suggests potential shared mineralization systems, enhancing the prospectivity of the White Caps project [6] Company Overview - G50 Corp is focused on exploration in the southwestern U.S., with its flagship Golconda Project in Arizona, which includes gold, silver, zinc, and gallium [7]