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Verity Resources ( (AU:VRL) ) has shared an update.
Verity Resources Limited has completed a comprehensive validation of historical drilling data at its Monument Gold Project, confirming high-grade gold zones. This validation aligns the data with JORC (2012) standards, providing a robust foundation for resource upgrades and expansion. The company is fully funded for its ongoing exploration efforts, with phase one of its RC infill drilling program completed and results pending. This milestone is expected to enhance Verity’s resource upgrade strategy and potentially increase its market positioning by targeting high-return areas within the Korong-Waihi resource.
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.
Average Trading Volume: 1,546,587
Technical Sentiment Signal: Sell
Current Market Cap: A$6.72M
See more insights into VRL stock on TipRanks’ Stock Analysis page.