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Verity Resources ( (AU:VRL) ) has issued an announcement.
Verity Resources Limited has announced the start of a resource upgrade and expansion drilling campaign at its Monument Gold Project in Western Australia. The initial phase will involve a 3,600-meter Reverse Circulation drilling program at the Korong deposit, aiming to upgrade the resource classification and expand the mineralization footprint. This initiative is part of a broader strategy to enhance the project’s economic evaluation and secure a mining license, with potential positive implications for stakeholders as the company seeks to uncover additional gold resources.
More about Verity Resources
Verity Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Monument Gold Project located in the Laverton Goldfields of Western Australia, which is known for its significant gold deposits.
YTD Price Performance: 26.32%
Average Trading Volume: 4,324,231
Technical Sentiment Signal: Sell
Current Market Cap: A$6.71M
See more data about VRL stock on TipRanks’ Stock Analysis page.