Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Verity Resources ( (AU:VRL) ) has issued an announcement.
Verity Resources Limited announced the commencement of its Phase 2 resource upgrade and expansion drilling program at the Monument Gold Project in Western Australia. This phase involves 6,400 meters of diamond and reverse circulation drilling aimed at upgrading the existing 154koz gold resource from Inferred to Indicated confidence level and exploring potential resource expansion. The program is expected to enhance geological confidence and facilitate future scoping studies, positioning the company to fast-track other priority targets.
More about Verity Resources
Verity Resources Limited operates in the mining industry, focusing on gold exploration and development. The company owns the Monument Gold Project located in the Laverton Goldfields of Western Australia, a region known for its significant gold deposits.
Average Trading Volume: 1,711,467
Technical Sentiment Signal: Sell
Current Market Cap: A$8.4M
Find detailed analytics on VRL stock on TipRanks’ Stock Analysis page.