G50 Corp Unveils Promising Antimony Results from Nevada's White Caps Project

G50 Corp Limited (ASX: G50; OTCQB: GFTYF) has made headlines with the announcement of exceptional results from its first reverse circulation (RC) drilling program at the White Caps project located in Nevada. This marks a significant milestone as it is the company's second asset in the United States. The initial findings are particularly encouraging, revealing high-grade intercepts of antimony at levels reaching 3.5% (35,000 ppm). This impressive assay was recorded at a depth range of 77.7 to 79.2 meters in drill hole WCRC25-007, confirming what many in the industry anticipated about the geological potential of this area.

The drilling program consisted of a total of 1,385 meters, covering 12 RC holes, and was conducted earlier this year. Notably, this marks the first angled drilling initiative at White Caps as previous attempts by Freeport involved only vertical drilling methods. The results have not only validated the geological model developed from earlier surface geological, geochemical, and geophysical data but have also established a continuous presence of gold in conjunction with high-grade antimony values.

According to G50's Managing Director and CEO Mark Wallace, the successful results of this drilling campaign underscore a significant advancement in the understanding of the White Caps geological framework, achieved through a thorough analysis of past exploration data combined with contemporary methodologies. He expressed optimism regarding the renewed exploration, stating, "Today's results reward our effort of rebuilding the geological model from the ground up via information culled from Freeport's exploration coupled with current 21st-century methodology and knowledge."

The findings reveal that three out of four areas explored returned notable shallow gold mineralization. High-grade intersections of gold were found, reporting values between 1 and 12 g/t Au, alongside broader zones with lower grades ranging from 0.1 to 0.3 g/t Au. Silver presence was also noted across most drill holes, adding further value to G50's exploration efforts. Importantly, pathfinder elements such as arsenic and antimony were found to be moderately to highly anomalous, correlating positively with the presence of gold and silver.

Wallace highlighted the company's ongoing work, stating, "Soil and rock chip sampling by G50 has uncovered a significant gold and antimony anomaly across the 2 km strike of the company's exploration focus. This exciting discovery has been further validated by our drilling efforts, which have intercepted substantial amounts of gold and antimony, reigniting our enthusiasm for this project."

Located 15 km south of Kinross Gold's prolific Round Mountain Mine, the White Caps project spans approximately 2,501 acres, including 28 patented and 74 unpatented claims. Historically, the White Caps mine produced over 125,000 ounces of gold from 1905 to 1964 at an average grade of around 30 g/t Au. With significant underexplored areas remaining within the property, G50 aims to unlock further potential and explore the district significantly.

The proximity of the White Caps property to the Manhattan Mine and other significant deposits enhances its potential, particularly given its location along the northwest-trending Reliance Fault Zone, a corridor historically known to control gold mineralization in this district. This alignment positions G50 to leverage shared mineralizing systems, potentially enhancing the prospectivity of their exploration efforts.

As G50 Corp continues to explore the White Caps project, it also holds its flagship Golconda project in Arizona, which hosts gold, silver, zinc, and gallium deposits. With a focus on meeting the growing demand for domestic natural resources in the United States, G50 is strategically positioned for advancements in its exploration activities.

For more detailed findings from G50 Corp's drilling program, updates can be found via their official website and associated research links.