Gold 50 Completes Drilling Program At Arizona Project

MT Newswires Live

02/18

Gold 50 (ASX:G50) completed a seven-hole, 2,550-meter core drilling program at the Golconda project in Arizona, according to a Wednesday Australian bourse filing.

The program was designed to test depth extensions to a previously reported shallow, high-grade gold and silver discovery. The six planned holes were completed as designed, with the additional hole drilled to further assess the mineralized system.

It now plans to conduct a 27-drill hole, 5,500-meter reverse circulation drilling program at the project.

Its shares rose 1% in recent trading on Wednesday.

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