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Goldman Regional drilling highlights expanding mineralised footprint in WA’s Laverton Goldfields
Verity Resources Limited (ASX:VRL) has reported regional drilling results confirming multiple zones of gold mineralisation across a ~7km հատված of the Monument trend at its 100%-owned Monument Gold Project in Western Australia.
Recent drilling at the Triton and Perseverance prospects has reinforced the continuity of a mineralised banded iron formation (BIF) corridor between the Korong and Waihi deposits, while also identifying additional mineralised positions along the broader trend.
Key drilling highlights include:
- Triton: 24m @ 3.24g/t Au, including 12m @ 6.35g/t Au
- Perseverance: 2m @ 1.24g/t Au from 86m
The Triton prospect, located approximately 1.7km south of Waihi, returned broad zones of supergene gold mineralisation, with follow-up RC drilling planned to test for primary mineralisation beneath the weathered profile. The mineralisation occurs along a favourable mafic-siltstone contact, drawing comparisons to the nearby Fred’s Well prospect.
At Perseverance, around 6km northwest of Korong, first-pass drilling has confirmed BIF-hosted gold mineralisation at a new location, extending the known mineralised footprint beyond current resource areas.
The company noted that gold mineralisation has now been identified across at least ~7km of the Monument trend, stretching from Korong in the south to Perseverance in the north. The broader project hosts շուրջ 20km of prospective BIF strike, with only limited systematic drilling completed to date.
An updated Mineral Resource Estimate is underway for the Korong and Waihi deposits, aiming to upgrade portions of the existing resource from Inferred to Indicated category. The latest regional results are expected to support further exploration and resource growth across the project.
Verity Director, Patrick Volpe, commented:
These regional results strengthen the broader exploration picture emerging at Monument. We now have mineralised positions confirmed at Korong, Waihi, A1 and Perseverance, together with encouraging supergene gold results at Triton, across a trend of at least ~7 kilometres.
Importantly, only a small portion of the broader 20km prospective corridor has been systematically drilled.
A1 supports continuity of the mineralised BIF corridor between Korong and Waihi, Perseverance confirms mineralised BIF at a new location well beyond the current resource areas, and Triton has highlighted a separate contact-style target that warrants RC follow-up below the weathered profile. With an updated MRE underway and multiple targets still to be tested, we believe Monument offers meaningful scope for further resource growth.
