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Godolphin Resources Limited ( (AU:GRL) ) just unveiled an update.
Godolphin Resources Limited has reported high metal recoveries from its metallurgical testwork program at the Lewis Ponds project. The rougher flotation tests showed significant recoveries of gold, silver, lead, and zinc, indicating efficient early-stage capture of these metals. The company is now proceeding with Stage 2 Cleaner flotation to further enhance concentrate grades. These results are expected to strengthen the economic case for the project’s development and provide a solid foundation for the upcoming Scoping Study, potentially delivering robust returns.
More about Godolphin Resources Limited
Godolphin Resources Limited is a company operating in the mining industry, primarily focusing on the exploration and development of gold, silver, and base metals projects. The company’s key project is the Lewis Ponds project located in the Lachlan Fold Belt, NSW, which is positioned as a scalable VHMS gold-silver-copper development asset.
Average Trading Volume: 4,101,924
Technical Sentiment Signal: Buy
Current Market Cap: A$16.01M
For an in-depth examination of GRL stock, go to TipRanks’ Overview page.