Latest high-grade assays underline more economic mineralisation for Godolphin at Lewis Ponds, NSW

Market Update

5.11g/t gold and 5.78% copper in rock chips from new prospects within the Lewis Ponds Gold, Silver and Base Metals Project

Godolphin Resources Limited (ASX: GRL) has reported assay results from two new prospects located within its 100%-owned Lewis Ponds gold, silver and base metals project, located in the Lachlan Fold Belt, NSW. Importantly, the two new prospects are situated outside of the existing Lewis Ponds Mineral Resource Estimate (MRE) and provide exceptional resource expansion potential.

Two new prospects identified at the Lewis Ponds Project with high grade rock chip assays including:

• Cesar Prospect: surface samples up to 5.11g/t gold
• Britannia Prospect: surface samples up to 5.78% copper, 0.80g/t gold


The two new gold and copper targets were identified following recent geological mapping and surface sampling over the greater Lewis Ponds area. Both target areas, named Cesar and Britannia, are located outside of, but in reasonable proximity to the existing Lewis Ponds MRE. The high-grade assay results taken from rock chips at Cesar and Britannia indicate encouraging potential for widespread mineralisation above the known mineralisation, deep into the footwall.

Managing Director Ms Jeneta Owens commented:

“These high-grade assays, from areas outside our known high-grade resource at Lewis Ponds, really point to the size of the mineralising system. Mineral systems of the style of Lewis Ponds are known for their multiple mineralised lenses and the two new prospects could be representing a new lens of mineralisation which has not yet been drilled out. At the Project, we identified multiple lodes via the current resource as well as the presence of the new high grades of gold and copper. This is a great indicator of more economic mineralisation at Lewis Ponds."
Speak with management: https://projectbank.net/scheduling-form  
Access the full release: ASX GRL 27 MAY 2025
About the Lewis Ponds Project:
The 100% owned Lewis Ponds project covers approximately 148 km² located 15 km east of Orange. This is a high priority project for Godolphin due to the extensive historic gold and base metal workings, with a Mineral Resource estimated at 6.2 million tonnes at 2.0g/t gold, 80g/t silver, 2.7% zinc, 1.6% lead & 0.2% copper and classified as Inferred in accordance with JORC (2012) (ASX announcement dated 2 February 2021).
 
For further information: admin@projectbank.net

ProjectBank distributes project specific information and updates to investors and media on behalf of its mining, energy and mining technology clients. This email contains information provided to ProjectBank by clients and the firm provides no advice or recommendations on the information it distributes. Contact admin@projectbank.net for further information.






This email was sent to << Test Email Address >>
why did I get this?    unsubscribe from this list    update subscription preferences
Fundexa Corporation · Stone & Chalk, Level 4 · 11 York Street · Sydney, New South Wales 2000 · Australia