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Godolphin Resources Limited ( (AU:GRL) ) just unveiled an announcement.
Godolphin Resources Limited has announced the initiation of several metallurgical studies on its Lewis Ponds resource, although previous studies have been limited and inconclusive. The latest work suggests a simple flotation process for producing zinc and lead-copper concentrates, with average recoveries for various metals provided. The company acknowledges the need for further work to validate and potentially update mineral resource estimates in accordance with the JORC Code 2012, which could impact its operational and strategic positioning in the mining sector.
More about Godolphin Resources Limited
Godolphin Resources Limited is an Australian company operating in the mining industry, focusing on the exploration and development of gold, copper, base metals, and rare earth elements. The company aims to become a key player in Australia’s critical minerals and future metals supply chain.
Average Trading Volume: 1,192,882
Technical Sentiment Signal: Sell
Current Market Cap: A$4.49M
For an in-depth examination of GRL stock, go to TipRanks’ Overview page.