An announcement from Godolphin Resources Limited ( (AU:GRL) ) is now available.
Godolphin Resources Limited announced promising assay results from its Lewis Ponds project, with the fourth drill hole revealing significant gold and silver mineralization. These results support the company’s strategy to upgrade its mineral resource estimates and highlight the potential for Lewis Ponds to become a profitable venture, with further exploration and metallurgical testing planned to maximize precious metal recovery.
More about Godolphin Resources Limited
Godolphin Resources Limited operates in the mining industry, focusing on the exploration and development of gold, silver, and base metals. The company is primarily engaged in projects within the Lachlan Fold Belt in New South Wales, Australia, with a market focus on expanding its mineral resource estimates and enhancing the value of its metal concentrates.
YTD Price Performance: 30.0%
Average Trading Volume: 2,511,109
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.67M
Learn more about GRL stock on TipRanks’ Stock Analysis page.