Godolphin's Gamble on the Lachlan Fold Belt Godolphin Resources' decision to concentrate on its copper gold portfolio in New South Wales' Lachlan Fold Belt is a high stakes gamble that could yield substantial rewards or result in significant losses.
The company has streamlined its capital and technical firepower on its most promising assets, nestled in one of the world's premier mineral provinces.
The Lachlan Fold Belt has long been a hotspot for mining activity, with porphyry behemoths like Newmont's 40 million ounce Cadia copper gold mine serving as a benchmark for success.