Verity Resources Advances Drilling and Resource Upgrade Strategy at Monument Gold Project

Verity Resources Limited (ASX: VRL) has reported ongoing exploration progress at its 100%-owned Monument Gold Project in Western Australia’s Laverton Goldfields. Covering approximately 195km², the project lies along the strike of Genesis Minerals’ 3.3Moz Laverton Gold Project. Recent air-core drilling targeted three gold prospects—Star Well, Triton, and Korong West—outside the current 154koz Au Mineral Resource Estimate. Results are pending from ALS, with assays expected in early June. The drilling tested high-grade surface anomalies, including up to 6.17g/t Au at Star Well and promising analogues to historic high-grade intersections at Triton. At Korong West, drilling focused on expanding known mineralization west of the current 139koz Au MRE.

Verity is also progressing a resource upgrade strategy, with infill and step-out drilling plans to elevate existing resources to Indicated status. Metallurgical test work is underway to assess optimal gold recovery processes, supporting future scoping and feasibility studies.

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