G50 Corp Limited has revealed strong results from the Phase 2 drilling program at its Golconda Project in Arizona. The company’s 2025 program, consisting of 26 reverse circulation drill holes, confirmed the presence of a significant polymetallic deposit that extends over a 700‐meter strike length and reaches depths of up to 180 meters. Drilling results delineate two key zones of interest: the Tub Vein and its adjacent Tub Footwall, both showing robust gold-silver-zinc mineralization with gold grades trending higher at depth. One drill hole in the Tub Vein recorded a 32-meter intercept at 0.61 g/t gold, 18.15 g/t silver, 4.21% zinc and even demonstrated improvement with a portion yielding 12.2 meters at 1.5 g/t gold, 41 g/t silver, and 9.80% zinc. Additional technical highlights include intercepts from the Tub Footwall and a striking 37-meter wide mineralized zone in the hanging wall that intersected underground workings. The program also robustly tested a high-priority gallium target, reporting consistent shallow intercepts with gallium grades around 19 g/t from surface over extensive intervals. Recent mineralogy work confirms that nearly 90% of the gallium is hosted in sericite, a factor which may streamline extraction using conventional processing methods. The drilling was designed along the NW-dipping Tub Vein on private land, with spacing and targeting dictated by the underlying NW-trending crustal structure known for hosting significant historic and ongoing mineralization across the district. G50’s detailed technical discussion indicates that variability in Ag:Au ratios between shallower and deeper zones could point to increasing gold concentrations at depth—a positive signal for the deposit’s potential economic viability. Management emphasized that these findings, across both precious and strategic metals, reinforce the project’s importance in meeting rising geopolitical and commercial demand for secure metal supply. Next steps outlined include further diamond drilling to test the depth extension of certain intercepts, followed by additional RC drilling to explore lateral continuity. Metallurgical test work and early preparatory studies for permitting are also set to commence. Bullish sentiment is supported by the extensive strike length, multiple high-grade intercepts, and the strategic advantage offered by significant gallium mineralization. These factors, combined with the favorable geological setting and growing demand for diversified metal supplies, suggest considerable development potential. On the other hand, bearish considerations center on the early-stage nature of the exploration, uncertainties regarding true true widths of intercepts, and the challenges inherent in translating drill intercepts into economically viable mining operations.