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Verity Resources ( (AU:VRL) ) has shared an update.
Verity Resources’ December 2025 quarterly report details strong progress across its multi-commodity portfolio, highlighted by more than 11,000 metres of drilling at the Monument Gold Project in Western Australia aimed at upgrading the 154,000-ounce Korong-Waihi resource. Early assay results from over 6,100 metres confirm consistent, high-grade gold mineralisation and strong grade continuity at Korong, with additional intercepts outside existing resource envelopes and excellent metallurgical recoveries averaging 92.75% from near-surface material, supporting a potential pathway to development; the project’s footprint was also enlarged with the granting of a new exploration licence that more than doubles the prospective area to 405 square kilometres. During the quarter Verity also moved to full ownership of its high-grade copper-silver projects in Botswana through the acquisition of the remaining joint venture interest, consolidating a 1,800-square-kilometre critical metals portfolio near existing mine infrastructure, and advanced its Pimenta rare earths project in Brazil, where auger drilling over priority targets confirmed a significant REE discovery along more than 20 kilometres of strike with high-grade intercepts and a geological signature comparable to a major global REE deposit; these developments, funded in part by the completion of a $3 million placement, underscore Verity’s strategy to build a diversified pipeline of gold and critical metals assets despite ending the quarter with a modest cash balance of $0.86 million.
More about Verity Resources
Verity Resources Limited is an Australia-based mineral exploration company listed on the ASX and Frankfurt exchanges, with a portfolio spanning gold in Western Australia, high-grade copper-silver and nickel-copper assets in Botswana, and a rare earths exploration project in Minas Gerais, Brazil. The company is focused on advancing its Monument Gold Project in the Laverton goldfields, consolidating ownership of critical metals projects in Botswana, and defining a significant rare earths discovery at its Pimenta project to position itself in future-facing commodity markets.
Average Trading Volume: 3,248,467
Technical Sentiment Signal: Sell
Current Market Cap: A$10.57M
For detailed information about VRL stock, go to TipRanks’ Stock Analysis page.