Godolphin Resources Lewis Ponds Copper Discovery Reveals High-Grade Mineralisation

High-Grade Copper Discovery Expands Lewis Ponds Project Potential

Godolphin Resources has uncovered significant copper mineralisation at its Summers West and Little Bell prospects, revealing a potentially extensive new copper-rich system directly south of the existing Lewis Ponds gold-silver-base metals resource.

New Copper Prospects Enhance Growth Opportunity

Recent field work by Godolphin Resources (ASX: GRL) has delivered impressive copper assay results from two previously underexplored prospects located immediately south of the company's flagship Godolphin Resources Lewis Ponds copper discovery in NSW's Lachlan Fold Belt.

The rock chip sampling program has revealed high-grade copper mineralisation at both the Summers West and Little Bell prospects, with values including:

• 3.3% copper and 0.07g/t gold at Little Bell (highest copper value)
• 1.5% copper and 1.30g/t gold at Little Bell (highest gold value)
• 1.29% copper and 0.14g/t gold at Summers West

Most significantly, these high-grade surface samples coincide with a substantial Induced Polarisation (IP) chargeability anomaly extending over 1,500 meters that remains largely untested by drilling. This geophysical feature suggests the potential for a much larger mineralised system than previously recognised.

Strategic Significance for Lewis Ponds

These discoveries come at a pivotal time for Godolphin, following its recently announced significant upgrade to the Lewis Ponds Mineral Resource Estimate (MRE). The August 2025 resource update established a global resource of 9.83Mt @ 1.49g/t Au, 66.15g/t Ag, 2.46% Zn, 1.38% Pb, and 0.15% Cu – representing a substantial 58% increase in tonnage with contained gold rising to 470,000oz and silver to 21Moz.

Managing Director Jeneta Owens highlighted the strategic importance of these new findings: "Our team has made exciting progress in the field, uncovering compelling evidence of a potentially distinct copper-rich system just south of the existing Lewis Ponds Mineral Resource area. High-grade copper and gold assays from historic workings—some dating back to the 1880s—highlight the area's untapped potential."

Understanding IP Chargeability Anomalies

IP (Induced Polarisation) chargeability is a geophysical technique particularly effective for detecting disseminated sulphide minerals that often host valuable metals like copper and gold. The technique works by measuring how the ground retains an electrical charge after current is applied – sulphide minerals typically produce strong chargeability responses.

The >1,500m IP chargeability anomaly identified at Lewis Ponds is significant because it suggests a potentially extensive sulphide system that could host considerable copper mineralisation. For investors, IP anomalies that coincide with high-grade surface samples often indicate promising drill targets with substantial resource potential.

Historical Drilling Confirms Depth Potential

Limited historical drilling at both prospects has already provided encouraging evidence of the mineralisation's continuity at depth:

At Summers West, historical drill hole BOA-103 intersected:

• 37m wide copper mineralisation zone (>0.19% copper)
• Including 5m @ 0.85% copper from 163m
• Including 1m @ 2.5% copper

At Little Bell, historical drill hole TOD-2 returned:

• 13m @ 1.1% copper from 76m

Historical hole TOD-11 further confirmed depth extensions with:

• 3m @ 1.52% copper from 278m

These intercepts confirm that the high-grade copper mineralisation observed at surface extends to significant depths and remains open in multiple directions.

Future Work Program and Catalysts

Godolphin has outlined several near-term value catalysts for the Lewis Ponds project:

1. A Scoping Mining Study is currently underway, underpinned by the significantly increased MRE
2. Metallurgical test work is ongoing, aimed at improving gold and silver recovery
3. Additional drilling is planned to further expand the resource – targeting both known mineralisation and newly identified Exploration Target areas

The newly identified copper prospects will likely be incorporated into future drilling campaigns designed to test the extensive IP chargeability anomaly and potentially add significant copper resources to the project.

Investment Thesis: Emerging Copper-Gold Corridor

These latest discoveries point to an emerging copper-gold corridor south of the main Godolphin Resources Lewis Ponds copper discovery area. The combination of high-grade surface samples, a substantial IP chargeability anomaly, and encouraging historical drill intercepts suggests significant resource expansion potential.

For investors, Godolphin presents an opportunity to gain exposure to:

1. A rapidly growing gold-silver-base metals resource at Lewis Ponds (now 470,000oz gold and 21Moz silver)
2. Newly identified copper prospects with high-grade surface expression
3. Multiple near-term catalysts including a Scoping Study, metallurgical results, and planned drilling
4. 100% ownership of a strategic asset in the prolific Lachlan Fold Belt

Why Investors Should Follow Godolphin Resources

Godolphin Resources has positioned itself strategically within Australia's premier mining district, the Lachlan Fold Belt, known for hosting world-class gold and copper deposits. The company's systematic approach to exploration is yielding tangible results, with each program building on previous success.

The identification of high-grade copper at Summers West and Little Bell demonstrates the company's ability to generate new discoveries within its existing project portfolio. With the Godolphin Resources Lewis Ponds copper discovery already demonstrating significant scale at 9.83Mt containing 470,000oz gold and 21Moz silver, these new copper prospects offer genuine upside potential.

With a Scoping Study underway and multiple exploration catalysts on the horizon, Godolphin is at an inflection point where exploration success could translate into significant value creation as the project advances toward development.

Ready to Discover an Emerging Copper-Gold Opportunity in Australia's Premier Mining District?

Explore Godolphin Resources' exciting high-grade copper discoveries at the Lewis Ponds Project in the prolific Lachlan Fold Belt. With significant surface samples coinciding with a 1,500-metre IP chargeability anomaly and a recently upgraded resource of 470,000oz gold and 21Moz silver, this ASX-listed company presents a compelling investment case at a critical inflection point. Learn more about this rapidly developing story and the company's strategic exploration programme by watching their latest presentation here.