Godolphin Resources (ASX:GRL) is currently reviewing latest results from a reconnaissance field trip, before beginning broader exploration work across its Yeoval and Copper Hill East Projects.
Managing Director Jeneta Owens says the company is developing exploration programs to focus on priority targets.
“We look forward to providing additional updates on the commencement of additional exploration initiatives as they develop.”
The company is continuing to collate and interpret all historic surface sample, drill data, and geophysical data covering the Vaughan’s Ridge and Dilga Creek prospects within Yeoval, as well as Spring Creek within Copper Hill East.
These datasets will also be reviewed by the Godolphin team to define a broader exploration program across the copper and gold prospects.
Meanwhile, during the reconnaissance visit at both projects, ‘excellent’ copper and gold assays were returned from surface grab samples.
At Spring Creek, up to 2.80 grams per tonne of gold and 0.47% copper from quartz vein float were returned, while Dilga Creek returned up to 1.74% Cu from historic workings in granodiorite.
Owens says the fieldwork results are considered ‘encouraging’ and enhances the project’s prospectivity.
“Pleasingly, surface samples from the south of Vaughan’s Ridge suggest the potential for a large iron-copper-skarn target and justify further exploration to the north of this large 8km strike length alteration zone.
Dilga Creek is an area of new interest for the company and the initial results also warrant follow-up. Additionally, the reconnaissance work at Spring Creek highlights the value and potential of the company’s Copper Hill East project, which contains the same highly prospective Ordovician volcanic rocks, which host both the giant Cadia Cu-Au porphyry mine and the large Boda/Kaiser Cu-Au porphyry project.”
Both projects lie within the Lachlan Fold Belt in central west New South Wales.
Godolphin Resources is an Australian-based resources explorer focused on discovering and developing ‘world-class’ gold-copper projects in New South Wales.
Write to Aaliyah Rogan at Mining.com.au
Images: Godolphin Resources
