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An update from Verity Resources ( (AU:VRL) ) is now available.
Verity Resources Limited has announced the successful completion of Phase 1 infill drilling at its Monument Gold Project in Western Australia, yielding exceptional gold intersections that bolster confidence in the 154koz resource. The results, which include significant high-grade gold intercepts, confirm the geological model and suggest potential for resource expansion. The company is now progressing to Phase 2 drilling, aiming to extend high-grade shoots and test further resource potential, which could enhance its market positioning and offer growth opportunities for stakeholders.
More about Verity Resources
Verity Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration of gold deposits, with a significant project located in the Laverton Goldfields of Western Australia. Verity Resources is committed to expanding its resource base and enhancing the confidence in its gold resources through systematic drilling programs.
Average Trading Volume: 2,900,047
Technical Sentiment Signal: Sell
Current Market Cap: A$7.7M
See more insights into VRL stock on TipRanks’ Stock Analysis page.