Gold 50 Limited

Gold 50 Limited is an Australia-based precious metals exploration company focused on the Southwest of the United States of America. The Company's segments include North America and Australia. The North America segment represents activity in the United States, primarily in relation to the exploration assets. The Company operates in Arizona at its Golconda Project and in the Walker Lane Trend of Nevada at its White Caps, Spitfire, Caisson, Broken Hills, and Top Gun projects. The White Caps Project is located about 15 kilometers (km) from Kinross’ Round Mountain. The project has about eight patented claims and 74 unpatented claims. The Spitfire Project targets orogenic Au-Ag mineralization in laterally extensive flat-lying quartz veins adjacent to a diorite intrusion. The Caisson Project is located about 169 km southeast of Reno, Nevada. The Broken Hills Project targets epithermal Au-Ag. The Top Gun Project is analogous to nearby Paradise Peak Mine.