M&A

Second major US gold exploration play added to Gold 50 portfolio

WELL-backed ASX-listed US gold explorer Gold 50 has added a second key project to its portfolio with the acquisition of the high-grade White Caps gold project in Nevada for staged payments totalling US$10 million.

 Gold 50 in Arizona

Gold 50 in Arizona

The payments begin with $500,000 on signing and then $1.5 million on a reserve estimate of 250,000 ounces of gold at a grade of at least 2.5 grams per tonne. The ground is 15km down the road from the...

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