GRL 0.00% 1.9¢ godolphin resources limited

Ann: Corporate Presentation February 2021, page-8

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    Amigos, I think GRL is getting reallly serious about their propsect at Lewis Ponds. In the announcement they mention what-looks-to-me-like pre-mining studies are underway (see the statements copied below). Maybe soon we'll get the results of their first stage of drilling (1,000m of RC drilling). That will be very interesting. The JORC-compliant resource is already pretty good: "398koz gold, 15.9 million oz silver, 170kt zinc, 99kt leadand 11kt copper".

    Statements from GRLs' recent presentation:
    "• Now examining the potential for a higher grade underground minefocussing on gold/silver rich lodes
    • 3,300m DD & 1,000m RC drill programme commenced in January 2021for
    – resource definition drilling,
    – to test soil survey targets outside the currently defined resource
    – and to provide samples for bench‐scale metallurgical test work
    "
 
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