HIGHLIGHTS ◼ Orange Minerals NL (Orange) makes $600,000 strategic investment in Godolphin ResourcesLimited (Godolphin) through recent capital raising of $1.6m at 8.5 cents per share.◼ Upon completion of the placement Orange has a ~6.8% shareholding in Godolphin.◼ Orange is in an earn in JV agreement with Godolphin on its Calarie Project (ML739, EL8555 & EL8580) where Orange can earn up to 70% of the Calarie Project by spending $1.5m.◼ Godolphin has a number of excellent exploration projects in the Lachlan Fold Belt in NSW including Lewis Ponds, Yeoval, Copper Hill East and Narraburra, a recently acquired rare earth minerals project.
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HIGHLIGHTS ◼ Orange Minerals NL (Orange) makes $600,000...
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