GRL godolphin resources limited

Ann: Drilling at Mt Aubrey Confirms Epithermal Gold System, page-14

  1. 8,766 Posts.
    lightbulb Created with Sketch. 1663
    the fact that they had to list one intercept with less than 1g/t as highlight says all. Such low grades would be acceptable if they are over huge widths but over 28m is very average at best.
    For example 28m at 0.92g/t with highlight of 16m at 1.2g/t means 16m of 1.2g/t with 12m of 0.55g/t. If we assume 0.5g/t cut off then there is not much to mine outside 16m of 1.2g/t.
    Unless there is nearby higher deposit to mine and this lower grade can be blended for volumes and that makes it average at best. And I am being generous here.
    Either way, in my view, it is not great result.




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $6.284M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1849030 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 2796428 4
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
GRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.