Gold 50 (ASX:G50) found antimony values of up to 3.5% at about 78 meters to 79 meters deep from its maiden reverse circulation drilling program at the White Caps project in Nevada, according to a Wednesday filing with the Australian bourse.

The program's results confirmed gold continuity with a high-grade antimony intercept, validating the project's geological model based on surface geological, geochemical, and geophysical data sets, the filing said.

Shares rose nearly 2% in midday trade.