Godolphin flags new IP anomaly and high-grade samples at Lewis Ponds

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

Godolphin Resources has identified a new strong induced polarisation chargeability anomaly 1,000 metres northwest along strike from the existing Lewis Ponds deposit, reinforcing the potential for extensions to its current gold, silver and base metals resource. Surface rock chip sampling has also outlined a new narrow gold-bearing zone in the footwall of the main deposit, with assays up to 1.34 grams per tonne gold, and returned high-grade zinc and copper values at the Mt Regan prospect.

The company is preparing to start a ~2,500-metre drilling program in March 2026 to test high-priority IP targets to the north and south of Lewis Ponds, while continuing mapping to advance the new gold zone and Mt Regan towards drill-ready status. Together with a pending mining scoping study, these exploration results support Lewis Ponds’ positioning as a high-quality, multi-commodity asset with potential resource growth and value uplift for shareholders.

The most recent analyst rating on (AU:GRL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Godolphin Resources Limited stock, see the AU:GRL Stock Forecast page.

More about Godolphin Resources Limited

Godolphin Resources Limited is an Australian mineral exploration company focused on gold, silver and base metals, with its flagship 100%-owned Lewis Ponds project in the Lachlan Fold Belt of New South Wales. The company is advancing a multi-commodity resource at Lewis Ponds, targeting expansion through modern geophysics and drilling across gold and polymetallic prospects.

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Technical Sentiment Signal: Buy

Current Market Cap: A$22.41M

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