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Godolphin Resources Ltd.

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Summary

Project:

Mount Aubrey

Deposit:Mount Aubrey
Location:Australia
Commodities:Gold
Date:4/20/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-4-2020: Godolphin Resources Ltd. announces an Exploration/Drilling Update report for its Mount Aubrey deposit at the Mount Aubrey project. Drilling results incl. 22m @ 2.15g/t Au from 22m. Drilling at the Mt Aubrey Project in NSW commenced in late Janu
Resources:(Resource, Inf.): 1.21Mt @ 1.61g/t Au for 62.4Koz Au contained at project
CP/QP:[Overall Report]: Johan Lambrechts (Internal)
ABSTRACT:Drilling at the Mt Aubrey Project in NSW commenced in late January 2020. The drill programme was undertaken to validate historical RC drill holes, and test for potential resource extensions around and below the historic open-pit positions. 14 drill holes from the planned drilling program were completed for a total of 1,734 metres in mid-February 2020 (Figure 1). Godolphin has now received and modelled all the assay results from these holes. All holes intersected epithermal style alteration and a majority of drill holes intersected gold mineralisation, with five holes intersecting greater than 1g/t Au over broad intervals. Godolphin has validated historic mineralised intersections and is now positioned to leverage these findings with the objective of confirming Mt Aubrey as a near surface gold resource. The drilling at Mt Aubrey has confirmed that the epithermal mineralisation around the historical open-pits consists of broad lower grade (

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