G50 Targets High-Grade Gold Continuity at Nevada’s White Caps Mine

The current campaign follows an initial core hole that yielded 13.5 meters at 7.67 grams per tonne of gold, including a concentrated high-grade zone of 3.93 meters at 23.95 grams per tonne. Managing director Mark Wallace stated that the mineralization is hosted within specific limestone units, providing the geological team with a clear model for systematic exploration. The planned holes will step out approximately 100 meters from the original intercept to test the horizon's continuity.

White Caps represents a significant opportunity for G50, marking the first time the site has undergone modern, systematic core drilling since its historical operations. While the company advances its exploration efforts at the Golconda Project in Arizona—which targets gold, silver, and gallium—the White Caps initiative remains a priority in one of the world's most prolific gold jurisdictions. Final assay results from earlier February core holes are expected shortly, signaling a period of heightened activity for the exploration firm.