G50 announces Mineralogy Breakthrough for Gallium at Its Golconda Gold-Silver-Zinc Project in Arizona
G50 Corp (OTCQB: GFTYF) has announced a significant mineralogical breakthrough at its Golconda Gold-Silver-Zinc Project in Arizona. Phase 2 test work revealed that 85-92% of gallium is present in sericite, a type of muscovite mineral. This discovery enables the use of traditional mineral processing techniques for gallium extraction.
The finding is particularly significant as China currently controls 100% of global gallium supply and has recently banned its export to the US. The Golconda Project could become a crucial domestic source of gallium, which is essential for US defense products and data center power requirements. Recent drilling has also confirmed consistent gallium grades along with new gold, silver, and zinc discoveries across both strike and depth.
G50 Corp (OTCQB: GFTYF) ha annunciato una scoperta mineralogica significativa presso il suo progetto Golconda Gold-Silver-Zinc in Arizona. I test della Fase 2 hanno rivelato che il 85-92% del gallio 猫 presente nella sericite, un tipo di minerale muscovite. Questa scoperta permette di utilizzare tecniche tradizionali di lavorazione dei minerali per l'estrazione del gallio.
La scoperta 猫 particolarmente importante poich茅 la Cina attualmente controlla il 100% della fornitura globale di gallio e ha recentemente vietato la sua esportazione verso gli Stati Uniti. Il progetto Golconda potrebbe diventare una fonte nazionale cruciale di gallio, essenziale per i prodotti per la difesa statunitense e per le esigenze energetiche dei data center. Le recenti perforazioni hanno inoltre confermato la presenza costante di gallio insieme a nuove scoperte di oro, argento e zinco sia in estensione che in profondit脿.
G50 Corp (OTCQB: GFTYF) ha anunciado un importante avance mineral贸gico en su proyecto Golconda Gold-Silver-Zinc en Arizona. Las pruebas de la Fase 2 revelaron que el 85-92% del galio se encuentra en sericita, un tipo de mineral muscovita. Este descubrimiento permite utilizar t茅cnicas tradicionales de procesamiento mineral para la extracci贸n de galio.
El hallazgo es especialmente relevante dado que China controla actualmente el 100% del suministro mundial de galio y recientemente prohibi贸 su exportaci贸n a Estados Unidos. El proyecto Golconda podr铆a convertirse en una fuente nacional clave de galio, esencial para productos de defensa de EE.UU. y las necesidades energ茅ticas de centros de datos. Las recientes perforaciones tambi茅n han confirmado grados constantes de galio junto con nuevos descubrimientos de oro, plata y zinc tanto en extensi贸n como en profundidad.
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G50 Corp (OTCQB : GFTYF) a annonc茅 une avanc茅e min茅ralogique majeure sur son projet Golconda Gold-Silver-Zinc en Arizona. Les tests de la phase 2 ont r茅v茅l茅 que 85-92 % du gallium se trouve dans la s茅ricite, un type de min茅ral muscovite. Cette d茅couverte permet d鈥檜tiliser des techniques traditionnelles de traitement des min茅raux pour l鈥檈xtraction du gallium.
Cette d茅couverte est particuli猫rement importante car la Chine contr么le actuellement 100 % de l鈥檃pprovisionnement mondial en gallium et a r茅cemment interdit son exportation vers les 脡tats-Unis. Le projet Golconda pourrait devenir une source nationale cruciale de gallium, essentiel aux produits de d茅fense am茅ricains et aux besoins 茅nerg茅tiques des centres de donn茅es. Les forages r茅cents ont 茅galement confirm茅 des teneurs constantes en gallium ainsi que de nouvelles d茅couvertes d鈥檕r, d鈥檃rgent et de zinc en extension et en profondeur.
G50 Corp (OTCQB: GFTYF) hat einen bedeutenden mineralogischen Durchbruch bei seinem Golconda Gold-Silber-Zink-Projekt in Arizona bekannt gegeben. Die Tests der Phase 2 zeigten, dass 85-92% des Galliums in Serizit, einer Art von Muskovit-Mineral, vorkommen. Diese Entdeckung erm枚glicht die Nutzung traditioneller mineralverarbeitungstechniken zur Galliumgewinnung.
Die Entdeckung ist besonders wichtig, da China derzeit 100% der weltweiten Galliumversorgung kontrolliert und k眉rzlich den Export in die USA verboten hat. Das Golconda-Projekt k枚nnte zu einer wichtigen heimischen Quelle f眉r Gallium werden, das f眉r US-Verteidigungsprodukte und den Energiebedarf von Rechenzentren unerl盲sslich ist. K眉rzliche Bohrungen best盲tigten zudem gleichbleibende Galliumgehalte sowie neue Entdeckungen von Gold, Silber und Zink sowohl in der Ausdehnung als auch in der Tiefe.
- Discovery that 85-92% of gallium is present in sericite enables conventional extraction methods
- Project positioned as significant domestic gallium source amid Chinese export ban
- Recent drilling confirmed consistent gallium grades and new precious metals discoveries
- Strategic positioning to serve critical US defense and technology sectors
- Project still in exploration phase with no production timeline specified
- Dependent on successful development of extraction and processing flow sheet
Phase 2 Mineralogical Test Work Confirms Understanding Gallium Mineralization at Golconda that will Enable Traditional Mineral Processing Techniques to be Used in Concentration and Extraction of the Gallium
The Phase 2 mineralogical study demonstrated that 85 to
Mark Wallace, managing director/CEO of G50 said: "The ability to target muscovite enables us to develop a conventional extraction and processing flow sheet for gallium recovery, marking an important milestone for the Golconda Project and the company." He added that combined with recent drilling that confirmed the consistent gallium intercepts and grades, as well as a large new gold, silver and zinc discovery across both strike and depth, Golconda is positioned as a significant source of precious metals and potential gallium supply for US domestic needs.
The Chinese control
More information on these results is available at https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02975559-2A1612005&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6
G50 Corp () is an exploration company focused on the southwestern US. The company's flagship Golconda Project comprises both patented and unpatented claims and is ideally positioned near existing mining infrastructure and logistics hubs to meet
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SOURCE G50 Corp Limited
FAQ
What is the significance of G50's gallium discovery at the Golconda Project?
How does GFTYF's Golconda Project address US gallium supply concerns?
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What other minerals besides gallium were discovered at G50's Golconda Project?
Why is gallium important for US domestic needs?
