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Godolphin Resources Reports High-Grade Drill Results at Lewis Ponds

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Godolphin Resources Reports High-Grade Drill Results at Lewis Ponds

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The latest announcement is out from Godolphin Resources Limited ( (AU:GRL) ).

Godolphin Resources Limited announced significant high-grade drill results from its Lewis Ponds project, highlighting the project’s potential and securing $1 million in new equity funding. The results exceeded expectations, with thicker mineralisation intervals than previously estimated, providing a strong foundation for a resource upgrade and ongoing exploration activities, amid high demand for gold, silver, and base metals.

More about Godolphin Resources Limited

Godolphin Resources Limited is a company focused on multi-commodity exploration and development, with a particular emphasis on its 100%-owned Lewis Ponds gold, silver, and base metals project. The company is engaged in advancing its asset portfolio to produce precious metal concentrates marketable to global smelters.

YTD Price Performance: -28.57%

Average Trading Volume: 3,324,677

Technical Sentiment Signal: Buy

Current Market Cap: A$4.04M

See more insights into GRL stock on TipRanks’ Stock Analysis page.

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