Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Godolphin Resources Limited ( (AU:GRL) ) has issued an update.
Godolphin Resources Limited has reported high-grade assay results from its Lewis Ponds Gold & Silver Project, with significant intersections in the third diamond drill hole, suggesting potential for resource expansion. The results indicate that the Spicer’s Lode may not pinch out near the surface as previously thought, potentially enhancing the project’s development economics and supporting a reclassification of its mineral resources.
More about Godolphin Resources Limited
Godolphin Resources Limited is a mining company focusing on gold, silver, and base metal exploration and development projects. The company operates primarily within the Lachlan Fold Belt in New South Wales, Australia, aiming to expand its resource base and reclassify its mineral resource estimates.
YTD Price Performance: 90.0%
Average Trading Volume: 2,061,380
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$7.18M
For an in-depth examination of GRL stock, go to TipRanks’ Stock Analysis page.