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G50 Corp Accelerates Drilling at Golconda and White Caps, Raises A$5.6M
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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G50 Corp Accelerates Drilling at Golconda and White Caps, Raises A$5.6M
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
New drilling planned at Golconda targeting high-grade silver, gold, and strategic metal gallium
White Caps Project drilling commenced focusing on near-surface Cambrian stratigraphy
Institutional placement raised A$5.6 million to fund exploration activities
Gallium prices have increased to US$931/kg, enhancing project strategic value
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