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The latest update is out from Godolphin Resources Limited ( (AU:GRL) ).
Godolphin Resources Limited has announced promising assay results from its recent five-hole diamond drilling program at the Lewis Ponds Gold & Silver Project in New South Wales. The initial results, particularly from the first two drill holes, reveal significant gold and silver mineralization, suggesting potential for resource expansion. These findings support the company’s strategy to upgrade the Mineral Resource Estimate and highlight the project’s viability as a profitable venture, with further assay results expected soon.
More about Godolphin Resources Limited
Godolphin Resources Limited is a mining company focused on gold, silver, and base metals exploration and development. It operates primarily in the Lachlan Fold Belt, NSW, with a market focus on advancing its mineral resources and expanding its project potential.
YTD Price Performance: 60.0%
Average Trading Volume: 792,760
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$5.75M
For a thorough assessment of GRL stock, go to TipRanks’ Stock Analysis page.
