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Verity Resources ( (AU:VRL) ) has issued an announcement.
Verity Resources Limited has successfully completed a 10,860-meter drilling campaign at its Monument Gold Project, aimed at upgrading and expanding its existing 154,000-ounce gold mineral resource. The campaign, which included both reverse circulation and diamond drilling, confirmed high-grade gold intercepts and potential resource growth outside the current resource envelope. This comprehensive dataset will support an updated Mineral Resource Estimate and advance scoping-level studies, positioning Verity for future growth in the largely untested 20km BIF trend at Monument.
More about Verity Resources
Verity Resources Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in the Monument Gold Project located in the Laverton Goldfields, Western Australia, where it aims to upgrade and expand its gold mineral resources.
Average Trading Volume: 3,197,418
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.72M
See more insights into VRL stock on TipRanks’ Stock Analysis page.