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Verity Resources Limited (ASX:VRL)

ALERT: Price-sensitive ASX Announcement for VRL
Current share price for VRL : $0.012 -0.001 (-7.69%)+
Announcement
Release
26 Aug 2026 9:36AM
Price at Release
$0.013
Full Release
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Summary
Verity Resources Limited (VRL) announced the renewal of four key prospecting licenses in Botswana, securing its position over significant copper-silver and nickel-copper-PGE projects. These licenses cover the Airstrip, Dibete, and Maibele North assets, which are strategically located in the Limpopo Mobile Belt, a notable mining-friendly region. The renewals ensure the company's tenure over these high-grade mineral resources for a further two years. Historical drilling at these sites has yielded high-grade copper-silver mineralizations, with Maibele North hosting a JORC 2012 Inferred Mineral Resource. Exploration and sampling programs continue to advance, with a focus on uncovering the full potential of the large-scale copper-silver targets in this district.
Key Points
  • Renewal of four prospecting licenses in Botswana.
  • Covers Airstrip, Dibete, and Maibele North projects.
  • Secures tenure in the Limpopo Mobile Belt for two years.
  • High-grade copper-silver mineralizations reported.
  • Maibele North hosts a JORC 2012 Inferred Mineral Resource.
  • Exploration and sampling programs continue.
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.