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.
The latest announcement is out from Godolphin Resources Limited ( (AU:GRL) ).
Godolphin Resources Limited has commenced an Induced Polarisation (IP) survey at its Lewis Ponds project, targeting a 1km corridor to the south-east of the recently upgraded Mineral Resource Estimate. This survey aims to penetrate deeper than previous surveys to identify new drill targets and enhance the understanding of the subsurface mineralisation. The initiative is part of a broader strategy that includes a Scoping Mining Study, ongoing metallurgical testwork, and additional drilling, all of which are expected to bolster the project’s potential as a significant polymetallic gold-rich VHMS system.
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 metal resources. It is primarily engaged in projects located in the Lachlan Fold Belt, New South Wales, Australia.
Average Trading Volume: 2,696,914
Technical Sentiment Signal: Buy
Current Market Cap: A$9.47M
See more insights into GRL stock on TipRanks’ Stock Analysis page.