News Articles for Godolphin Resources

Godolphin Resources has applied for a huge 112-square-kilometre package of prospective rare earths ground next to its 94.9-million-tonne Narraburra project going 739 parts per million total rare earth oxides in New South Wales. The company believes its world-class mineralisation may extend into its new ground, which it plans to actively explore once the application is approved by the NSW Government.

Godolphin Resources has launched a two–hole, 550m diamond-core drilling campaign at its 100 per cent-owned Goodrich-Yeoval porphyry copper-gold project in NSW to test targets below historic drilling that hit the two minerals. The company expects to complete its drilling program later this month, with assay results due to be returned by the end of this quarter.

Godolphin Resources has received almost $600,000 in exploration tax credits for this financial year, following a successful application to the Australian Federal Government's Junior Minerals Exploration Incentive (JMEI) program. The credits will support exploration across the company's enviable landholding in the Lachlan Fold Belt in NSW, where it this month increased its rare earths resource grade by 126 per cent at its Narraburra project.

Godolphin Resources is planning a drilling program to follow up fieldwork at its Yeoval East prospect and further expand its resource footprint in NSW's rich Lachlan Fold Belt. Soil and rock-chip program results identified a 150ppm copper zone about 600m long and 200m wide. Copper results ran up to 0.14 per cent from soil samples and 0.28 per cent copper from rock chips.

Godolphin Resources has set a maiden JORC 2012-compliant mineral resource at its Narraburra rare earth project in NSW, with a massive 126 per cent increase in resource grade compared to its previous JORC 2004 estimate. The updated estimate sits at 94.4 million tonnes at 739 parts per million total rare earth oxides, with 50 per cent of the resource now defined in the indicated category.

ASX-listed Godolphin Resources believes maiden metallurgical results from independent laboratory ANSTO have confirmed the low-cost development potential of its Narraburra rare earths project in New South Wales. The company says a recovery rate of 92 per cent of the key magnet rare earths praseodymium, neodymium, terbium and dysprosium, puts the project in a good position ahead of larger-scale testing and a bulk sampling program.

NSW focused explorer Godolphin Resources has tabled rock chip assays from around historic workings at its Cyclops and Goodrich prospects with exceptional grade copper along with strong gold, silver, lead, molybdenum and zinc to boot. Additional rock chip assays from old workings at the nearby Goodrich prospect also returned high grade copper with bonus molybdenum, again with elevated gold, silver, lead and zinc.

Godolphin Resources has sent 31 diamond drilling core samples from its latest program at the company's Narraburra project to Australia's leading authority on mineral and metallurgical testing. The samples form part of Narraburra's updated mineral resource estimate to JORC 2012 standards which is expected in March. The test work will provide a better understanding of the NSW project's rare earth elements and rare metals composition.

Gold explorer Godolphin Resources and its joint venture partner Orange Minerals have announced a maiden ore resource for the Calarie project in central New South Wales. The maiden resource contains 870,000 tonnes of mineralisation, with some 50,796 ounces of gold at an average grade of 1.83 grams per tonne and a cut-off grade of 0.3 g/t.

Minerals explorer Godolphin Resources is pocketing a handy $100,000 grant from the NSW Government to help fund its next drilling campaign at its promising Cyclops copper prospect north of Yeoval in the state's central west. The grant comes from the Government's New Frontiers Exploration program as part of the NSW Government's Critical Minerals and High-Tech Metals Strategy.

ASX-listed explorer Godolphin Resources has launched detailed ground magnetic survey works at its wholly owned Cyclops, Yeoval East and Goodrich copper-gold prospects near the Yeoval township in central west NSW. The assets have yet to be tested using modern exploration methods and data from the campaigns will flow into a host of upcoming drill campaigns.

Godolphin Resources' looming resource update at its Narraburra rare earths project in NSW has received a boost after assays from a maiden, 27-hole drill campaign highlighted mineralisation outside of the known system. Eight drill holes delivered intercepts beyond the current threshold including a 21m at 1163ppm total rare earth oxide strike from 17m, suggesting the company could have a much larger inventory on its hands.

Mineral explorer Godolphin Resources has strengthened its burgeoning rare earths portfolio with the acquisition of two exploration licences in New South Wales and Queensland. The company picked up the ground after sifting through publicly available geological data and says it could commence boots on the ground exploration as early as January 2023.

Godolphin Resources has used a 5-hole diamond drilling campaign to light up rare earths mineralisation at its Narraburra project in NSW that will ultimately flow into a new year resource update. Significant intercepts include 2m at 1238 parts per million total rare earth oxides from 15m and on the back of the latest results the company believes a much larger rare earths system may be on offer given the strikes were acquired outside of the site's known mineralisation.

Godolphin Resources has identified new mineralisation at its Yeoval copper-gold prospect near Orange in NSW after a review of historical drill core pulled by a previous explorer in 2008. The company says its review of a pair of legacy samples unveiled visible copper sulphide mineralisation outside of the operation's existing 12.8 million tonne resource.

As it looks to table an updated mineral resource, Australian explorer Godolphin Resources has confirmed rare earths mineralisation in a four-hole diamond drill program completed in July at the company's Narraburra rare earths project in NSW. All holes in the 285.6m-long campaign intercepted rare earths across the project in both weathered surficial material and in underlying fresh rock with a peak grade of 1027ppm TREO.

Fresh assays from phase two diamond drilling at Godolphin Resources and joint venture partner Orange Minerals' Calarie gold project in New South Wales have validated a suite of compelling hits from a historical probe. The feature strike from the five-hole, 1170m program was a 2.4m intersection at 15.69 grams per tonne gold from 45m, inside of a larger 10.6 section grading 5.63 g/t from 39m.

Minerals explorer Godolphin Resources has overcome adverse ground conditions and successfully completed a 27-hole 1111m diamond drilling campaign at its Narraburra rare earths and rare metals project in Central NSW. The company is now eagerly awaiting assay results with the aim of updating its mineral resource estimate early next year from a previous JORC 2004 compliant inferred resource.

Mineral explorer Godolphin Resources is knee deep in a diamond drilling program at its Narraburra rare earths project near Temora in central-west New South Wales after completing 15 of a proposed 25 holes at the site. The company plans to use data from the 1500m campaign to scrub up the project's historical JORC 2004 resource and align it with contemporary 2012 standards.

Mineral explorer Godolphin Resources has launched a 25-hole, 1,500m diamond drilling campaign at its Narraburra rare earths project near Temora in central-west New South Wales. The program kicked off following recent approval from the state's mining regulator and aims to elevate the operation's legacy resource to a JORC 2012 specification.

Second phase drilling has confirmed mineralisation at the Calarie gold project in New South Wales extends at depth and is open along strike for joint venture partners Godolphin Resources and Orange Minerals. The 1170m campaign saw five diamond drill holes sunk into the site to test mineralisation below previous workings and to confirm results of two historical RC holes that intersected mineralisation.

Mineral explorer Godolphin Resources has had a 25-hole, 1,500m diamond drilling program at its Narraburra rare earth project near Temora in central-west New South Wales waved through by the state's resources regulator. The company plans to use the campaign to modernise the operation's existing resource up to a JORC 2012 standard.

Godolphin Resources has completed four large diameter diamond drill holes for 285.6m as it hunts rare earths and rare metals at its Narraburra project in NSW. Whilst all samples are bound for the lab, portable XRF testing indicated mineralisation in all cores. The company says the maiden test of the underlying bedrock and preliminary results are very encouraging.

A five-hole diamond drilling program to test an inflexion zone beneath historical gold mine workings has begun at the Calarie gold project, a joint venture in NSW between Godolphin Resources and Orange Minerals. The phase 2 program, with a minimum of 1000m of drilling, is the follow-up to what Orange describes as “outstanding” results from phase 1 of the campaign conducted late last year.

Gold and copper explorer Orange Minerals has taken a stake of almost 7 per cent in Godolphin Resources spending $600,000 to snap up 7.6 million shares in Godolphin's recent share placement. The two companies already had ties through their joint venture Calarie gold project, north of Forbes in Central NSW.

Godolphin Resources' maiden diamond drill hole from its Cyclops prospect on the Lachlan Fold Belt of central west NSW has returned multiple zones of shear-hosted high-grade copper with coincident gold, silver and molybdenum mineralisation. Godolphin describes the multiple intersections as “highly encouraging” with assay results greater than 1 per cent copper included within a broader low envelope of mineralisation.

Junior explorer Godolphin Resources has launched a four-hole diamond drilling program to follow up on high grade mineralisation struck by a previous explorer at its rare earths project near Temora in central-west NSW. The campaign will also focus on delivering core samples for mineralogical analysis, flow-path testing and metallurgical test work.

Godolphin Resources has hit a broad intersection of anomalous copper at its Yeoval South prospect near Orange in NSW, just 350m south of the operation's existing 12.8 million tonne mineral resource. The broad hit of 276m grading 0.12 per cent copper from 128m came from a two-hole, 900m program aiming to test the southern extensions of the mineral resource and homing in on copper at depth.

Godolphin Resources' JV partner, Orange Minerals is poised to fire up the diamond drill rig for 1200m of exploration at its Calarie gold project in the Lachlan Fold Belt of NSW after finalising plans for a phase 2 probe. The campaign follows a December RC campaign that delivered a suite of “outstanding” intercepts, including 1m at 48.77 grams per tonne gold from 42m.

Junior explorer Godolphin Resources will soon test the limits of its newly acquired Narraburra rare earths project about 15km north of Temora in central west NSW after securing government approval to launch a four-hole diamond probe. According to the company, the looming campaign is intended to sniff out mineralisation across a suite of prospective zones.

Godolphin Resources is one step closer to starting a proposed diamond drill program at its Narraburra rare earth project in NSW following its submission to the State regulators. The six-hole program has been fast-tracked after previously approved air core drilling was postponed because of waterlogged land conditions. Diamond drilling will start once approval is received.

Godolphin Resources is lining up an 80-hole 4000m drill program at its Narraburra rare earths project within NSW's highly-prospective Lachlan Fold Belt with the drill bit expected to start spinning this month. The program is designed to support the reclassification of the existing resource estimate of 73.2Mt at 1250 g/t zirconium oxide and 327 g/t rare earths oxides for 91,500t of contained zirconium oxide and 23,950t of rare earths oxides.

Godolphin Resources has struck multiple mineralised copper veins with its first hole in search of a large porphyry copper-gold system in NSW. The explorer kicked off a two-hole diamond-drill program at its Yeoval porphyry copper-gold project on April 4 and now is shooting for possible extensions to the south of its current resource hoping its second hole will make it two from two.

On the back of high-grade tidings from its joint venture project, the drill bit is now spinning for Godolphin Resources at its Yeoval porphyry copper-gold project in NSW. The company says the 900m program will feature two diamond drill holes and will aim for southern extensions to its current resource, in addition to identifying further mineralisation at the Cyclops prospect.

Godolphin Resources is poised to sink two diamond drill holes totalling 900m at its Yeoval and Cyclops prospects in NSW. The company says the holes are part of an initial probe aimed at testing the extent of the project's existing mineral resource estimate of 12.8m tonnes at 0.38 per cent copper, 0.14 grams per tonne gold, 2.2 g/t silver and 1200 parts per million molybdenum.

Godolphin Resources has entered into a binding term sheet with ASX-listed Orange Minerals to offload its Ophir and Wiseman's Creek projects in New South Wales for a total consideration of $550,000. The projects are prospective for gold and base metals and according to the company, the sale will provide a cash injection that will be funnelled to its nearby Narraburra rare earths project.

Godolphin Resources has stretched its NSW ground after picking up a brace of exploration licences from the state government's Department of Mining, Exploration and Geoscience. The company's new tenure spans 160 square kilometres and is prospective for gold amongst other minerals. The pick-up adds to a portfolio of projects based around the revered Lachlan Fold Belt and sits amongst the explorer's existing projects.

Gold and base metals explorer Godolphin Resources have added another string to its bow after entering into a two-tranche farm-in and joint venture agreement with private exploration outfit EX9 to earn up to a 75 per cent stake in the Narraburra Rare Earth Element, or “REE” Project located some 15 kilometres north of Temora in central west NSW.

Godolphin Resources has dated the mineralisation at its Turrawonga prospect within its Copper Hill East project in NSW which it says is remarkably similar to the massive Cadia and Boda copper-gold discoveries in the region. The company believes its porphyry intrusions date back to the Ordovician age, the same age as many major discoveries that hug the lucrative Molong Volcanic Belt in NSW.

Godolphin Resources is punching 700m of diamond drilling into its 100 per cent owned Gundagai South gold project in NSW where it is targeting sheeted quartz veins and porphyry dykes at its Surprise Hill North and Big Ben prospects. The company is restarting operations at the Gundagai North and Gundagai South projects after unseasonable adverse weather events across NSW called a halt to exploration in late 2021.