The founders of Gold 50 have utilised their deep business experience in mineral exploration in Southwestern USA to assemble a portfolio of projects covering approximately 34 km2 of tenure in Arizona and Nevada. These two states have long been jurisdictions favourable for mineral exploration and mining. Arizona is the leading copper-producing state and Nevada is the leading gold-producing state in the USA.
Gold 50’s flagship Golconda Project in Arizona covers numerous historical mines and well-developed mineralised veins mediately southeast of the large Mineral Park porphyry copper-molybdenum deposit. The Golconda Mine was a zinc mine with high gold-silver grades that was ultimately mined to a depth of approximately 400m prior to ceasing operations in 1917. The precious metals potential of the Golconda Project area has never been systematically tested and only very limited exploration has been undertaken in the last 30 years.
Gold 50’s Spitfire, Broken Hills, Top Gun and Caisson Projects are located in central Nevada within the prolific Walker Lane Trend. The Company plans to rapidly evaluate the near-surface gold potential of these properties.
It is anticipated that G50 will list on the ASX during July 2021.
Gold 50 is a precious-metals exploration company with projects in Arizona and Nevada. The Company is exploring the Golconda Project in northwestern Arizona and the Spitfire, Broken Hills and Top Gun Projects in central Nevada. Gold 50’s strong, highly experienced team is based in Australia and…