Godolphin Completes Promising Drilling Phase at Lewis Ponds Project

Godolphin Resources Limited ( (AU:GRL) ) has provided an announcement.

Godolphin Resources Limited has completed the first phase of diamond drilling at its Lewis Ponds project, intersecting significant massive and semi-massive sulphide mineralisation. The company drilled four holes totaling 1,094.8 meters, with the final two holes intersecting promising base metal mineralisation. These results, along with upcoming assay results, aim to upgrade the existing JORC 2012 resource and inform future drilling programs, underscoring the project’s potential as a high-value deposit for gold, silver, and base metals.

More about Godolphin Resources Limited

Godolphin Resources Limited is a company operating in the mining industry, focusing on gold, silver, and base metals. The company is actively engaged in exploration and development projects within the Lachlan Fold Belt in New South Wales, Australia, with a specific emphasis on upgrading mineral resource estimates and conducting metallurgical tests.

YTD Price Performance: 40.0%

Average Trading Volume: 644,992

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.03M

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