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Verity Resources Limited (ASX:VRL)

ALERT: Price-sensitive ASX Announcement for VRL
Current share price for VRL : $0.013 0.003 (30%)+
Announcement
Release
30 Jul 2026 9:10AM
Price at Release
$0.010
Full Release
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Summary
Verity Resources Limited has announced the results of an Aircore (AC) drilling program at the Monument Gold Project in Western Australia, confirming gold mineralisation across a 9km BIF corridor. The drilling program involved 58 holes across three prospects: A4, A1, and Perseverance, which are part of the 405 km² project. Significant gold intercepts were found, suggesting extensions of mineralisation beyond current estimates. Key intercepts include up to 8m at 0.73 g/t gold, highlighting the potential for resource growth. The project is part of a regional strategy to expand upon the existing 137,700oz Korong-Waihi Mineral Resource. Further drilling, including RC drilling, is planned to define the mineralisation's true extent and grade.
Key Points
  • Gold mineralisation confirmed across A4, A1, and Perseverance prospects.
  • 58-hole Aircore drilling program identified significant gold intercepts.
  • Project located in Laverton Goldfields, Western Australia.
  • Part of regional growth strategy for Monument Gold Project.
  • Potential for expanding 137,700oz Korong-Waihi Mineral Resource.
  • Future resource-defining RC drilling planned.
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.