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G50 Corp Strikes High-Grade Gold at Nevada White Caps Project

A 13.5-meter intercept grading 7.67 grams of gold per tonne has confirmed the potential of G50 Corp’s White Caps project in Nevada. This result, drawn from the first of five core holes, validates the company’s focus on Carlin-style mineralization within a historic mining district near the Manhattan Gold Mine.

Bio & NewsJune 22, 20263,394 reads0

The core drilling program, spanning 2,220.1 meters, specifically targeted decalcified and silicified limestone zones at depths reaching 400 meters. Within the initial intercept, a high-grade section of 3.93 meters returned 23.95 g/t gold and 7.29 g/t silver, signaling robust mineralization in an area previously explored by Freeport McMoRan in the 1980s.

Managing Director Mark Wallace characterized the findings as an affirmation of the company’s strategy to revitalize the historic site. G50 Corp expects to release the assay data for the remaining four core holes over the coming two months. The project’s location, situated along strike from the past-producing Manhattan Gold Mine and 20 kilometers south of the Round Mountain operation, remains a key asset in the company’s portfolio of precious metals and critical minerals projects.

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