G50 Corp (ASX:G50) | Low-Cost Processing Doubles Gallium Grades at Golconcda
Episode: G50 Corp Limited (ASX:G50) - Phase 2 Metallurgical Results, Golconda Project
In this episode of MarketOpen's Trading Titan podcast, we examine G50 Corp Limited's Operational Update released on 15 July 2026, covering Phase 2 metallurgical test results from the 100% owned Golconda Project in Arizona.
What was announced:
G50 completed Phase 2 metallurgical testing on 4 oxidised surface samples from the Little Jimmy area at Golconda. Conventional processing techniques including screening, desliming and flotation selectively concentrated gallium, gold and silver. Screening and desliming upgraded gallium grades by 1.5x to 2.0x, with recovery between 63% and 87%. Flotation upgraded gallium grades by 2x to 5x, with recovery between 40% and 50%. Gold grades increased by approximately 10x, with recoveries between 70% and 90%. Silver grades increased by approximately 5x, with recoveries between 30% and 50%. The Company said the results were broadly consistent with its April 2026 non oxide metallurgical programme.
Why it matters for investors:
The announcement provides further metallurgical results from the Golconda Project. The Company said the oxide test work was broadly consistent with the earlier non oxide programme and suggests both material types may share a similar mineral assemblage, subject to confirmation from ongoing studies. The results also support the Company's continued evaluation of producing either a combined gallium, gold and silver concentrate or separate gallium and precious metal concentrates using conventional mineral processing techniques.
Important context:
This remains preliminary proof of concept work based on limited samples. The results do not represent a Mineral Resource or Ore Reserve, and further metallurgical test work, geological evaluation and economic studies will be required to determine the technical and commercial viability of any future development. No funding update was included in this announcement.
Project snapshot:
Golconda is 100% owned by G50 Corp Limited. Mineralisation has been defined over approximately 1,300 m of strike, 400 m in width and 400 m in depth, based on 9 diamond drill holes and 45 reverse circulation drill holes. The metallurgical programme tested 10 kg to 20 kg subsamples taken from a broader 2,200 kg outcrop and trench sampling campaign.
Next steps to watch:
Ongoing mineralogy, liberation and geochemistry studies. Further metallurgical test work. Assessment of impurity to gallium ratios. Further optimisation of processing methods. Potential additional drilling and sampling based on the results of current project studies. Continued evaluation of potential development pathways.
This podcast is for information purposes only and does not constitute financial advice. Listeners should do their own research and consider their own financial circumstances before making any investment decision.