Phase 2 Resource Upgrade and Expansion Drilling Complete
Filed with ASX · · 6 pages · English
• Phase 1 drilling at Korong delivered numerous high-grade intercepts (including intervals with grades up to 38g/t Au) and consistent +1g/t Au mineralisation, confirming the robustness of the BIF-hosted lode model and supporting an upgrade of a targeted portion of the 139koz Korong Resource • Phase 2 diamond drilling (7 holes, 1,230m) intersected the targeted BIF stratigraphy at depth at both Koro
Verity Resources Limited on 6ix
Story so far
Earlier from Verity Resources
- New IP Gold Target To Be Drilled at Perseverance Prospect
- Diamond Drilling Complete - Intersects BIF Outside Resource
- IP Survey at Perseverance Gold Target
- Up to 38g/t Au from Successful Phase 1 Drilling
- Drilling Confirms Widespread REE at Pimenta Project, Brazil
Later from Verity Resources
- First Phase 2 Drill Results Deliver Strong Gold Intercepts
- Key Tenement Grant 100% Increases Monument Gold Project Area
- Further Gold Results Continue to Increase MRE Confidence
- Exceptional Gold Met Recoveries Average 92.75% at Korong MRE
- Up to 21.3g/t Gold From Step Out Drilling at Waihi MRE
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