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Godolphin Resources Limited (ASX:GRL)

ALERT: Price-sensitive ASX Announcement for GRL
Current share price for GRL : $0.017 0.001 (6.25%)+
Announcement
Release
9 Dec 2025 8:51AM
Price at Release
$0.016
Full Release
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Summary
Godolphin Resources Limited has successfully completed a metallurgical flotation testing program at its Lewis Ponds project in the Lachlan Fold Belt, NSW. The program produced two high-quality concentrates, with significant improvements in gold recovery and impurity rejection compared to previous tests. A clean zinc concentrate exceeding 64% purity and a lead-gold-silver concentrate were achieved. These results are anticipated to enhance the Mineral Resource Estimate and contribute to a Scoping Study, supporting further exploration efforts.
Key Points
  • Godolphin Resources Limited completed a metallurgical flotation program at Lewis Ponds.
  • Two high-quality concentrates were produced: a zinc concentrate (>64% Zn) and a lead-gold-silver concentrate (>31% Pb, >16.7 g/t Au, >1580 g/t Ag).
  • The results showed improved gold recovery and impurity rejection compared to historical data.
  • The flotation process involved primary grinding and two sequential stages: a lead circuit and a zinc-dominant circuit.
  • The project is located in the Lachlan Fold Belt, NSW, Australia.
  • The results are expected to support an update to the existing Mineral Resource Estimate.
  • The new findings will underpin a Scoping Study and additional drilling is planned for further resource expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.