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Verity Resources Limited (ASX: VRL) has launched a 19-hole, 750m aircore drilling program at its 100%-owned Monument Gold Project in Western Australia's Laverton Gold District. The campaign targets three high-priority zones—Star Well, Triton, and Korong West. The Star Well Prospect is being tested based on previous sampling results up to 6.17g/t Au, while Triton targets a stratigraphy analogous to the Fred’s Well discovery, which returned 24m @ 3.24g/t Au.
Korong West drilling will explore promising stratigraphy west of the existing 154koz Au Mineral Resource. The current effort is part of a broader strategy to upgrade the Korong-Waihi MRE to Indicated status, with a resource-focused drill program set for June 2025. Located adjacent to Genesis Minerals’ 3.3Moz project, the Monument Gold Project spans ~195km² with over 60 additional untested targets, highlighting significant upside potential.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.