Amigos, we patienty wait on drilling results for Lewis Pond. I am very excited because the news from the 4 RC holes at Lewis Ponds could be a company-maker. We know from the table copied below that Lewis Ponds has a Gold Equivalent JORC of 6.2 million tons at 6 g/t. That is 36 million grams of gold equivalent, which is about 1 million oz gold equivalent. That is enough for a mine in many people's language. And that resource is contained within just the Toms and Spices Lodes. The Quarry Lode is the wild card. The signs are that the RC drilling could have found a substantial north-trending extension near surface. We know from the preliminary announcement that: "The most northern hole was observed to host 75m of sulphides, including chalcopyrite, a copper mineral.". Copper and gold often travel together and the sulphide was open at depth. The burning question is: does the sulphide have good grades of gold? If so, the next questions will be what is its true width and strike. A market cap of just $12 million - ay caramba.
- Forums
- ASX - By Stock
- Ann: Godolphin Resources Investor Presentation October 2021
GRL
godolphin resources limited
Add to My Watchlist
0.00%
!
0.9¢

Amigos, we patienty wait on drilling results for Lewis Pond. I...
Featured News
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.
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.039M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $151 | 16.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4592560 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1118893 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 4392560 | 0.009 |
7 | 2400000 | 0.008 |
8 | 3828627 | 0.007 |
4 | 966833 | 0.006 |
4 | 2170000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1118893 | 5 |
0.011 | 1575101 | 2 |
0.012 | 1033005 | 3 |
0.013 | 577410 | 6 |
0.014 | 1146889 | 3 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
Featured News
GRL (ASX) Chart |