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Verity Resources ( (AU:VRL) ) has shared an update.
Verity Resources Limited has completed an aircore drilling program at its Monument Gold Project, targeting three anomalous gold sites outside its existing 154koz Au Resource, with assay results expected soon. The company is also conducting a comprehensive review of its Korong and Waihi Mineral Resources as part of a strategy to upgrade and expand its gold resource base. Additionally, metallurgical testing is underway to optimize gold recovery processes. Located in a strategic position within the Laverton Gold District, the Monument Gold Project offers significant potential for resource expansion and increased confidence levels, enhancing Verity’s standing in the competitive gold mining sector.
More about Verity Resources
Verity Resources Limited operates in the gold mining industry, focusing on exploration and development of gold resources. The company’s primary project is the Monument Gold Project located in the Laverton Gold District of Western Australia, which is known for its rich gold deposits. Verity Resources is working on expanding and upgrading its mineral resource estimates while exploring new high-potential targets within its 195 square kilometer tenure.
Average Trading Volume: 3,624,099
Technical Sentiment Signal: Sell
Current Market Cap: A$7.47M
For a thorough assessment of VRL stock, go to TipRanks’ Stock Analysis page.