Godolphin Resources: Receives final assays from Cyclops

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Godolphin Resources Receives final assays from Cyclops

  • Godolphin Resources (GRL) receives the final assays from the two-hole drilling and soil sampling program at the Cyclops Prospect in NSW
  • Drilling was undertaken to test highly anomalous copper and gold results from historical soil and rock chip sampling, and follow-up reverse circulation drilling
  • Overall, up to 1.75 per cent copper, 6.3g/t silver and 338 parts per million molybdenum was intersected
  • While drilling was underway, a soil sampling program was completed adjacent to Cyclops with work identifying weak to moderately anomalous copper in soils
  • Godolphin is down 2.27 per cent on the market with shares trading at 8.6 cents each just before market close
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