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Verity Resources Limited (ASX:VRL)

ALERT: Price-sensitive ASX Announcement for VRL
Current share price for VRL : $0.014 -0.005 (-26.32%)+
Announcement
Release
12 May 2026 9:36AM
Price at Release
$0.019
Full Release
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Summary
Verity Resources Limited has announced an updated JORC (2012) Mineral Resource Estimate (MRE) for its Monument Gold Project in the Laverton Goldfields, Western Australia. The update reveals a Maiden Indicated Mineral Resource Estimate of 1.18 million tonnes at 1.75 g/t Au for 66,200 ounces of contained gold. This represents a significant improvement in geological confidence compared to previous estimates, with a total MRE now standing at 2.5 million tonnes at 1.72 g/t Au for 137,700 ounces of gold. The project highlights include substantial grade uplifts and newly identified underground resources providing long-term mining potential.
Key Points
  • Maiden Indicated Mineral Resource of 1.18 million tonnes at 1.75 g/t Au.
  • Updated total MRE of 2.5 million tonnes at 1.72 g/t Au for 137,700 ounces.
  • Significant improvement in geological confidence and grade uplift.
  • Project located in the Laverton Goldfields, Western Australia.
  • Newly identified underground resource component for long-term mining.
  • Continuing to progress Monument towards development and mine planning.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.