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Godolphin Resources Limited ( (AU:GRL) ) has provided an update.
Godolphin Resources Limited has announced significant findings from the reprocessing of historical Induced Polarisation (IP) geophysical data at its Lewis Ponds project. The data reveals large-scale geophysical anomalies indicating potential extensions of gold and silver mineralisation beyond the current resource estimate. The company plans to conduct a modern deep-penetration IP survey to refine these targets and guide future drilling efforts, which could enhance its resource base and strengthen its position in the mining industry.
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 activities within the Lachlan Fold Belt in New South Wales, Australia, with a market focus on expanding its mineral resource base.
YTD Price Performance: -28.57%
Average Trading Volume: 3,548,165
Technical Sentiment Signal: Buy
Current Market Cap: A$4.04M
For a thorough assessment of GRL stock, go to TipRanks’ Stock Analysis page.