Godolphin Resources Limited (AU:GRL) has released an update.
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Godolphin Resources Limited successfully raised $614,000 through its Share Purchase Plan, surpassing the initial target of $300,000. This funding will support exploration activities at their 100%-owned Lewis Ponds project, focusing on diamond drilling and metallurgical testing to enhance resource confidence. Investors can expect updates as the company progresses towards commencing drilling in November 2024.
For further insights into AU:GRL stock, check out TipRanks’ Stock Analysis page.