- Godolphin (GRL) recommences drilling at its Gundagai North and South projects in the Lachlan Ford Belt of New South Wales, following delays due to bad weather
- Reverse circulation drilling across the Mantos, Big Ben and Surprise Hill North prospects is targeting historical gold workings and mapped quartz veins
- The work program has been updated to include 12 holes, with five and a half completed so far
- Drilling is scheduled for completion by mid-December, with assays expected in the first quarter of 2022
- Shares have been trading 3.3 per cent higher at 15.5 cents
Following delays due to bad weather, Godolphin (GRL) has recommenced drilling at its Gundagai North and South projects in the Lachlan Ford Belt of New South Wales.
On November 26, the company announced it would postpone drilling due to “significant” weather events.
Godolphin said it can now safely resume work and following a review of targets and has updated its reverse circulation drilling program to include 12 holes covering 1975 metres.
The program is targeting historical gold workings and mapped quartz veins at its Mantons, Big Ben and Surprise Hill North prospects, with five and a half holes completed so far.
Initial results included visible quartz and sulphides at the Manton’s prospect and GRL has subsequently added two holes to test this area.
According to the company, its tenements host several historic gold and base metal workings, situated within a belt of basaltic rocks intruded by quartz-porphyry dykes.
Drilling is scheduled to be completed by mid-December and assays are expected in the first quarter of 2022.
Shares were trading 3.3 per cent higher at 15.5 cents at 1:22 pm AEDT.