GRL godolphin resources limited

Amigos, we patienty wait on drilling results for Lewis Pond. I...

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    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.


    https://hotcopper.com.au/data/attachments/3766/3766239-a5a059a61b150e00b0ce555e567c6178.jpg
 
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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

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No. Vol. Price($)
14 4592560 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1118893 5
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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