Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Godolphin Resources Limited ( (AU:GRL) ) has provided an announcement.
Godolphin Resources Limited has announced new exploration targets at its Lewis Ponds project, highlighting the potential for significant expansion of its mineral resource estimate. The company has identified two key sectors, the Copper Lodes and the Zinc Lodes, which show promise for increasing the project’s resource base. This development is part of a broader strategy that includes updating the JORC Mineral Resource, conducting metallurgical tests, and completing a scoping study by the end of 2025. The exploration targets are expected to enhance the project’s value and attract further investment, with additional drilling planned to commence in early 2026.
More about Godolphin Resources Limited
Godolphin Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold, silver, and base metals projects. The company is primarily engaged in advancing its Lewis Ponds project located in the Lachlan Fold Belt, New South Wales, which is known for its rich mineral deposits.
Average Trading Volume: 1,245,126
Technical Sentiment Signal: Sell
Current Market Cap: A$5.39M
For a thorough assessment of GRL stock, go to TipRanks’ Stock Analysis page.