Godolphin Resources Ltd. Stock Analysis GRL.AX

Godolphin Resources Ltd. engages in the provision of exploration of gold and copper. The company is headquartered in Orange, New South Wales. The company went IPO on 2019-12-18. The Company’s projects located within the Lachlan Fold Belt, New South Wales (NSW), consisting of gold-copper and rare earth elements in the province of Australia. The Company’s tenements cover over 3,500 square kilometers (km2) of ground prospective for gold, silver, base metals and rare earths. The firm's projects include Narraburra Rare Earth Element Project, Yeoval Porphyry gold-copper-molybdenum-rhenium project, Lewis Ponds, Copper Hill East porphyry copper project, Gundagai gold-copper project, and Mt Aubrey epithermal gold-silver project. Its other rare earth element project consists of EL9506 - Bingara (New South Wales). The Narraburra Rare Earth Element Project is comprised of two tenements, EL 8420 and EL 9258, along with tenements EL 9628 and EL9258 for a total project area of 571 kilometers (km). The 100% owned Lewis Ponds project covers approximately 148 km2 located 15 km east of Orange (EL5583).