Gold 50 (ASX:G50) began follow-up diamond core drilling at its White Caps gold project in Nevada, according to a Thursday Australian bourse filing.
The results were up to 13.5 meters at 7.67 grams per tonne gold and 2.38 grams per tonne silver from 305.5 meters, the filing said.
The company said the mineralization is hosted within discrete limestone units that can be readily identified and followed along strike and up and down dip.
The company's shares fell 7% in recent Thursday trade.
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