Press Release: G50 Initiates Drill Program to Follow up High Grade Gold Intercept at White Caps, Nevada

WHITE CAPS, Nev., Oct. 8, 2026 // -- G50 Corp. (ASX: G50; OTCQX: GFTYF) announced it had commenced a follow-up diamond core drilling at its White Caps Gold Project in Nevada. The program is focused on the area surrounding diamond drill hole WCD26-01, which intersected high-grade gold mineralization within a decalcified and silicified limestone unit. The new holes are planned to assess the lateral and up-dip continuity of this mineralization at nominal step-outs of approximately 100 meters. Additional information can be found here: "WCD26-01 was the first core hold drilled at White Caps, and it delivered an outstanding result, with 13.5m at 7.67 g/t gold including a high-grade zone of 3.93m at 23.95g/t gold," said Mark Wallace, managing director of G50. Wallace noted that this mineralization is hosted within discrete limestone units that can be followed along strike and up dip. "This gives the team a clear geological model to drill against and this program is designed to evaluate the continuity in geology and mineralization of the host horizon." White Caps is a.