Resources Top 5: Gold-silver discovery emerges for Godolphin near home of Australia’s first gold rush

• Up to date useful resource for GRL’s Lewis Ponds challenge totals 470,000oz gold and 21Moz silver
• GCM has moved into the manufacturing of VHD graphite blocks of varied sizes and styles
• Stage 2 Mining Licence Enlargement software for Kangankunde REE challenge authorised

Your standout small cap assets shares for Tuesday, August 12, 2025

The Lewis Ponds challenge of Godolphin Sources is rising as one other vital gold discovery, with silver and base metals as well, in an space that hosted Australia’s first payable gold discovery in April 1851.

The challenge is upstream from Ophir, the place that discovery sparked Australia’s first gold rush, and round 15km east of Orange within the Lachlan Fold Belt the place vital discoveries are nonetheless being made.

Newmont’s +50Moz gold and 9.5Mt copper Cadia Valley Operations is south of Orange and east of the Spur challenge of Waratah Minerals which has been a market favorite since releasing broad high-grade gold outcomes on August 4.

Godolphin reached a five-month excessive of 1.6c, a 46% improve on the earlier shut, after revealing a useful resource improve from Lewis Ponds described by the corporate as “transformational”.

The up to date useful resource totalling 470,000oz gold and 21Moz silver together with 41,000t of zinc, 15,000t of copper and 136,000t of lead confirms Lewis Ponds as a big, high-grade gold and silver deposit. 

There was a 58% improve in tonnage, 18% improve in gold and 31% improve in silver with the useful resource standing at 9.83Mt at 1.49g/t Au, 66.15g/t Ag, 2.46% Zn, 1.38% Pb and 0.15% Cu.

Importantly for future growth, 5.01Mt are within the greater confidence indicated class.

Alongside updating the MRE, a pit optimisation examine was accomplished with a view to constrain the useful resource and show the potential for higher components of the deposit to be mined economically by open pit strategies.

The open pit useful resource is 2.88Mt at 0.52g/t Au and 41.22g/t Ag for 48,000oz gold and three.8Moz silver with 1.85Mt, or 64%, within the indicated class.

A scoping stage mining examine is underway utilizing this knowledge, which is predicted to additional illustrate the potential for near-term growth alternatives.

Godolphin is continuous metallurgical testwork geared toward bettering gold and silver restoration whereas further drilling is deliberate to underpin additional MRE development.

“These outcomes have significantly exceeded our expectations and spotlight the distinctive potential for the Lewis Ponds challenge,” MD Jeneta Owens stated.

“It is a main improve from our earlier MRE, an distinctive milestone for Godolphin and supplies a really sturdy basis for the preliminary scoping mining examine.”

One of the crucial energetic small cap shares was Inexperienced Vital Minerals with greater than 131m shares altering fingers valued at greater than $4.4m whereas the value jumped 17.74% to three.65c, a excessive of virtually 5 years.

This got here after GCM suggested that it had moved into the manufacturing of very high density (VHD) graphite blocks of varied sizes and styles after commissioning of Module 1 on the VHD manufacturing plant.

VHD blocks are a high-performance graphite materials developed by GCM and characterised by thermal and electrical properties achieved by means of a manufacturing course of that’s sooner and less expensive than conventional strategies. 

These blocks are designed for numerous functions requiring environment friendly warmth administration, together with knowledge centres, semiconductors and superior electronics. 

Blocks as much as 60×100×60 mm have been produced on the plant, which is ramping up manufacturing and sustaining excessive product high quality.

Manufacturing of bigger blocks – as much as 160 mm thick and 200 mm lengthy – is in progress, which GCM stated demonstrated improved course of maturity and alignment with buyer specs. 

In preparation for business sampling and prototyping, GCM is constructing a various stock of pattern shares with first-time pattern shipments to potential prospects in North America. 

Quite a lot of product sizes and geometries are being manufactured, with blocks tailor-made for thermal administration functions together with warmth sinks and chilly plates. 

Manufacturing capability has additionally been additional strengthened by means of the addition of two new furnaces, growing throughput.

GCM managing director Clinton Sales space stated with the VHD manufacturing plant now operational, the corporate was shifting from preliminary rollout into energetic business execution, targeted on fulfilling demand, scaling output and sustaining high quality. 

“Importantly, we’re not creating an answer for a future market, we’re delivering high-performance thermal merchandise into an present, high-demand sector that’s actively trying to find higher, less expensive supplies,” he stated. 

“What units us aside is our skill to maneuver now. Our multi-channel distribution technique, which incorporates partnerships with on-line retailers, means we’re not ready for main orders to start promoting, we will expedite entry to a world market quick.” 

Approval of the Stage 2 Mining Licence Enlargement software for Kangankunde uncommon earths challenge supplies sturdy endorsement from the Malawian authorities and regulatory certainty, materially de-risking the growth growth pathway, in accordance with Lindian Sources.

Because of this, Lindian reached a 12-month excessive of 18.5c, a carry of 37.04% on the earlier shut.

The approval from the Mining and Minerals Regulatory Authority (MMRA) Board will increase the licensed space from 900 to 2,500 hectares.

“The improve of our Stage 2 growth space from an exploration licence to a mining licence permits Lindian to work in parallel on our bigger Stage 2 growth while utilizing the learnings from the event of our Stage 1 manufacturing facility to make sure we optimise our processing circulation sheets and recoveries,” chairman Robert Martin stated.

“This can even enable Lindian to capitalise on our skill to be the subsequent uncommon earth producer to market and to seize a bigger market share.

“The corporate continues to area further inbound enquiries and is engaged on a number of pathways for additional strategic offtake and funding agreements.”

After being granted two 21-year mining leases by the Ontario Ministry of Mines in Canada for the Seymour lithium challenge, Inexperienced Know-how Metals elevated 17.65% to 4c.

This vital regulatory milestone means there are actually three granted leases totally encompassing the proposed mine and infrastructure space, marking a crucial step in de-risking Seymour’s pathway to growth. 

The corporate has spent the final 4 years dedicated to allowing and growth work, together with ongoing engagement with indigenous communities.

Since buying the asset in 2021, GT1 has undertaken complete environmental evaluation work, together with a current owl and fisheries examine and has accomplished season-specific baseline research. 

Ongoing environmental monitoring continues to tell challenge planning and guarantee potential impacts are recognized and responsibly managed.

GT1 anticipates concluding the provincial environmental evaluation within the upcoming quarter, marking one other milestone within the challenge’s allowing timeline. 

It says the accomplishment takes Seymour nearer to a monetary funding determination, topic to remaining permits and approvals. 

Buoyed by FMR Resources (ASX:FMR) finishing technical due diligence and continuing to earn as much as a 60% curiosity within the southern portion of the Llahuin Copper-Gold Mission in Chile, Southern Hemisphere Mining improved 38% to 4c.

FMR is now a part of a three way partnership with SUH masking 4 chosen concessions within the southern a part of Llahuin, together with the massive Southern Porphyry copper-gold goal.

“We’re delighted to welcome FMR to the Llahuin Copper-Gold Mission and sit up for joint exploration success throughout the Southern Porphyry zone,” SUH chairman Mark Stowell stated

“This strategic JV validates our long-held view of the district’s latent potential, and with drilling deliberate for This fall 2025, our shareholders are well-positioned to learn from upcoming catalysts on this rising main copper story.”

FMR has additionally accomplished a $2.2m placement in reference to the transaction, with revered useful resource investor Mark Creasy becoming a member of the register as a considerable shareholder.

This text doesn’t represent monetary product recommendation. You need to think about acquiring unbiased monetary recommendation earlier than making any monetary selections. Whereas Inexperienced Vital Minerals and Inexperienced Know-how Metals are Stockhead advertisers, they didn’t sponsor this text.