G50 Corp Limited announced encouraging preliminary results from its Phase 2 reverse circulation drilling program at the Golconda Project in Arizona. The drilling, covering approximately 700 meters of the Tub Zone strike length on private land, targeted the previously untested central portion of the Tub Zone below the oxidation depth. The program saw 26 RC holes completed and assays reported from 14 holes, with several key intercepts highlighting substantial mineralization. For example, one intercept in drillhole GRC22 recorded 47.2 meters grading 2.0g/t gold, 40.2g/t silver, and 0.29% zinc, while drillhole GRC21 reported a 77.7-meter interval with 0.76g/t gold and 11g/t silver, including sub-intervals with notably higher grades. Drillhole GRC17 demonstrated a 97.5-meter intercept with 0.27g/t gold, 4.8g/t silver, and 0.7% zinc, reinforcing the continuity of mineralization across the project area. The discovery is characterized by base and precious metal-rich quartz-sulphide veins of mesothermal style, with pyrite, sphalerite, and galena as the dominant sulphide minerals. In addition to the precious metals, the drilling campaign confirmed significant gallium mineralization in alteration zones, with intercepts such as 216 meters at 18.4g/t gallium and others ranging between 14 and 22g/t gallium. Gallium is hosted in altered granite minerals including muscovite, kaolinite, and potassium-feldspar, suggesting that traditional processing techniques could potentially concentrate the strategic element for domestic supply. Technical indicators such as the consistent intercept of multiple 10’s of meters over 700 meters of strike, drilling below the depth of oxidation, and high-grade zones intersected in several holes indicate that the Tub Zone is laterally and vertically continuous. The detailed drilling data, including azimuth, dip angles, and downhole lengths, underline the robust methodological approach. The company’s systematic exploration program, which builds on historical drilling and modern mineralogical assessments, is being supported by advanced assay techniques and quality control measures, with further assays expected over the next four to six weeks and a follow-up drilling program already in early planning. The news carries a bullish tone, as the multiple significant intercepts and robust gallium results suggest that Golconda could become a pivotal asset in meeting the growing demand for both precious and strategic metals in a premier mining jurisdiction like Arizona. The project's extension potential, combined with the strategic importance of gallium and the solid technical indicators, supports an optimistic view for future developments. Conversely, from a bearish perspective, some caution remains regarding the estimation of true mineral widths and the need for further data to fully define the lateral and depth continuity of the mineralization. Nonetheless, for beginner traders looking at exploration-stage assets, the positive technical results and follow-up plans provide a promising signal of potential future value for G50 Corp Limited.