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Godolphin Resources Limited ( (AU:GRL) ) has issued an update.
Godolphin Resources Limited has reported significant progress in its Lewis Ponds Gold and Base Metals project with massive sulphide intersections from its ongoing 1,500m diamond drill program, which is nearing completion. Initial assay results are expected soon, marking a promising start to 2025. Concurrently, the Narraburra Rare Earths project has produced high-quality Mixed Rare Earth Carbonate samples with high levels of terbium and dysprosium, positioning the company well for industry engagement and potential off-take agreements. Additionally, the company completed a successful capital raise, exceeding its initial target, highlighting strong shareholder support and positioning Godolphin Resources for value-accretive developments in the coming year.
More about Godolphin Resources Limited
Godolphin Resources Limited is an Australian company focused on the exploration and development of multi-commodity projects, including gold, silver, copper, and rare earth elements in New South Wales. The company aims to leverage its 100%-owned asset portfolio to capitalize on favorable market conditions for these commodities.
YTD Price Performance: 40.0%
Average Trading Volume: 787,381
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.03M
For detailed information about GRL stock, go to TipRanks’ Stock Analysis page.
