Latest GODOLPHIN RESOURCES (ASX:GRL) News

A brutal sell-off in a few small caps did most of the damage this week, even as project funding and resource upgrades kept rolling in. Lithium, rare earths and tungsten news stayed constructive, but traders punished anything that looked like delays, dilution or weaker prices.

Godolphin Resources has revealed a significant 21% increase in gold recovery at its Lewis Ponds Project through the integration of gravity recoverable gold processing, potentially enhancing the project’s already robust economics.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

Godolphin Resources has identified a significant new induced polarisation anomaly 1,000 metres from its Lewis Ponds deposit, alongside high-grade gold, zinc, and copper surface samples, setting the stage for a targeted drilling campaign in March 2026.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Godolphin Resources has delivered a major upgrade to its Lewis Ponds project, increasing gold and silver resources significantly while confirming promising expansion targets. The company also raised $1.68 million to fund further development.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Godolphin Resources has announced superior metallurgical flotation test results from its Lewis Ponds project, producing high-grade zinc and lead-gold-silver concentrates that promise to enhance the project’s economic outlook.

Godolphin Resources has reported a substantial upgrade to its Lewis Ponds gold, silver, and base metals resource, alongside successful capital raising to fund ongoing development and exploration.

Godolphin Resources is raising $3.03 million through a placement and entitlement offer to fast-track exploration and development at its Lewis Ponds Project in NSW, following a significant resource upgrade.