Verity Resources Advances Exploration at Monument Gold Project.

Verity Resources Limited (ASX: VRL) is progressing exploration at its 100%-owned Monument Gold Project in Western Australia’s Laverton district. The company is focused on upgrading the 154,000-ounce Au Korong-Waihi resource through a detailed review to support infill and step-out drilling, aiming to enhance JORC classification to Indicated status. Greenfields exploration is also advancing, with drilling at the Star Well, Triton, and Korong West prospects targeting underexplored strike zones following encouraging rock chip and soil sampling results. Monument's strategic location near major deposits and its largely untested 20km banded iron formation provide significant growth potential. To support these initiatives, Verity has launched a Rights Issue to raise approximately AU$1.1 million. This dual approach of brownfields resource growth and greenfields discovery underscores Verity’s goal of establishing a larger, higher-confidence gold resource within one of Australia’s most prolific gold belts.

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