Godolphin Resources (ASX:GRL) has announced its prioritisation of the Mt Aubrey Gold Project and Copper Hill East Project for initial exploration across its 1,694km2 gold-copper portfolio in New South Wales.
The strategy follows the divestment of the Gundagai Gold Project and Calarie Gold Project in H1 2026, along with the proposed spin-out of the Narraburra Rare Earths Project.
Godolphin says it plans to begin low-cost fieldwork immediately through mapping and sampling, supported by geophysical and historical dataset reviews. The company expects results over the coming months as it advances selected targets towards drilling.
At Mt Aubrey, the company will target extensions to an inferred mineral resource of 1.21 million tonnes at 1.61 grams per tonne gold (Au) for 62,400 ounces.
The resource sits within a 6km structural corridor that Godolphin says has received ‘limited drilling’ outside the historical Mt Aubrey pits.
Previous results include 28m @ 0.92g/t Au from 60m, including 16m @ 1.2g/t Au from 72m, and 22m @ 2.15g/t Au from 22m, including 6m @ 7.21g/t Au from 30m.
Aircore drilling is planned to test targets along the corridor.
Copper Hill East contains an 8km copper-gold corridor less than 10km north of the Copper Hill porphyry deposit.
At the Turrawonga prospect, previous drilling returned 32m @ 0.29g/t Au and 0.13% copper (Cu) from 210m, and 30m @ 0.64g/t Au and 0.04% Cu from 178m.
Godolphin says it aims to integrate existing drilling, mapping, spectral, magnetic, and induced polarisation data to refine its exploration model at Turrawonga.
The company has also planned mapping and sampling at the Three Rivers, Lyons, and Calula prospects, where historical surface samples returned up to 12.6% Cu and 9.13g/t Au.
Managing Director Jeneta Owens says the strategy directs capital and technical resources towards the company’s priority precious and base metals assets.
“This strategic repositioning aligns with our proposed name change to Orbit Resources Limited, reflecting a clear focus on advancing a high-quality portfolio of precious and base metal assets anchored by the Lewis Ponds Gold-Silver Project, the new Cousin Jack discovery, and a pipeline of highly prospective gold and copper exploration targets,” Owens says.
Godolphin Resources’ eight-licence gold-copper portfolio lies within the Lachlan Fold Belt in NSW, with its eastern portion overlapping the Molong Volcanic Belt. The company’s wider development focus centres on Lewis Ponds and the nearby Cousin Jack discovery.
Write to France Pinzon at Mining.com.au
Images: Godolphin Resources
