Lewis Ponds, NSW Australia
Godolphin Resources Limited (ASX: GRL) has intersected 40m of semi-massive sulphide mineralisation in drill hole GLPDD006 at the Spicer’s Lode within its Lewis Ponds Project in NSW. This result marks a significant milestone in the ongoing 1,500m diamond drilling program, targeting upgrades to the current JORC (2012) Inferred Resource of 6.2 million tonnes at 2.0g/t gold, 80g/t silver, 2.7% zinc...."
Project Summary
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).
Highlights
JORC 2012 Resource announced 2 February 2021: 6.20 Mt at 2.0g/t gold, 80g/t silver, 2.7% zinc, 1.6% lead and 0.2% copper
Resource is part of a larger mineral system extending over 9 km SE with extensive gold, copper and base metal workings
Located 20 km along a broad structural zone from McPhillamys 2.3m oz gold deposit and surrounded by historical prospects - Mt Shorter, Mt Lindsay, Ophir and Caleula
2020 review highlighted Lewis Ponds is a gold and silver resource with base metal credits (Zinc, Copper & Lead) with potential mineralisation spread both east, west and north
Lewis Ponds metal zonation, gold rich in the north and copper rich in the south