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Verity Resources ( (AU:VRL) ) just unveiled an announcement.
Verity Resources Limited has commenced a drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its gold resource. The initial phase involves 54 drill holes over 3,600 meters to enhance geological confidence and upgrade the Korong resource from an inferred to an indicated confidence level. This initiative is part of a multi-stage drilling strategy to support future scoping studies and potentially increase the project’s gold resource, which remains open for expansion.
More about Verity Resources
Verity Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in the Monument Gold Project located in the Laverton Goldfields of Western Australia, which is known for its significant gold deposits.
YTD Price Performance: 15.79%
Average Trading Volume: 3,768,425
Technical Sentiment Signal: Sell
Current Market Cap: A$6.15M
For an in-depth examination of VRL stock, go to TipRanks’ Overview page.