G50 Corp Unveils Massive Polymetallic Discovery at Golconda Project

A Major Polymetallic Breakthrough

G50 Corp Limited has announced compelling results from its 2025 Phase 2 drilling campaign at the Golconda Project in Arizona, confirming a large-scale polymetallic gold-silver-zinc discovery. The mineralized zone extends over a 700-meter strike length and reaches depths of up to 180 meters, highlighting the project's significant scale and potential economic value.

The drilling focused on the Tub Zone, which includes the Tub Vein and its footwall alteration zone. Both zones demonstrated strong mineralization, with gold grades notably increasing at depth. Among the standout intercepts was a 32-meter section grading 0.61 grams per tonne gold, 18.15 grams per tonne silver, and 4.21% zinc, including a higher-grade 12.2-meter interval with 1.5 grams per tonne gold and nearly 10% zinc.

Strategic Gallium Potential

Beyond precious and base metals, the project revealed consistent and significant gallium mineralization. Gallium, a critical metal for modern electronics and renewable energy technologies, was found predominantly hosted in sericite, a form of muscovite mica, within the argillic alteration zones. This mineralogical insight is crucial as it suggests a more straightforward path to gallium extraction using conventional mineral processing techniques.

Recent mineralogy studies by SGS Canada confirmed that approximately 90% of the gallium is contained within sericite, which is associated with the hydrothermal alteration responsible for the gold, silver, and zinc mineralization. This co-location of metals could enhance the project's overall economic viability and strategic importance, particularly given the geopolitical emphasis on securing domestic supplies of critical minerals.

Context and Regional Significance

The Golconda Project sits on a major northwest-trending crustal structure known to host significant mineral deposits across the district, including the Mineral Park porphyry copper-silver-molybdenum mine and historic mines like Golconda and Golden Eagle. G50’s control over approximately 3 kilometers of strike length along this structure positions the company well to capitalize on this mineral-rich corridor.

Drilling was conducted entirely on private land with minimal road building, reflecting a low-impact approach to exploration. The results build on previous discoveries and reinforce the Tub Zone as a highly prospective target for further resource definition.

Looking Ahead

G50 Corp plans to advance the project with diamond drilling aimed at testing depth extensions of high-grade zones and reverse circulation drilling to explore strike and lateral extensions. Metallurgical test work is underway to evaluate the recovery of base metals, precious metals, and gallium. Early permitting activities, including baseline environmental studies, have also commenced to support future development.

Managing Director Mark Wallace emphasized the project's scale and strategic importance, noting the potential to meet Western demand for secure supplies of precious and strategic metals. The combination of polymetallic mineralization, extensive strike length, and increasing gold grades at depth underscores Golconda’s emerging role in the critical minerals landscape.