5.41g/t Au at Waihi - Resource Upgrade on Track
Filed with ASX · · 24 pages · English
Summary by 6ix AI
Verity Resources Limited has announced the completion of a significant drill campaign at its Waihi and Korong deposits, confirming high-grade gold mineralization and supporting an upcoming resource upgrade. The final batch of infill drilling results has demonstrated consistent gold grades, with standout intercepts reinforcing the geological model and infill drilling strategy. The updated Mineral Resource Estimate is expected to reflect improved confidence in the resource, with results indicating that Waihi has a higher grade than previously estimated. The company is also preparing for further drilling to explore resource extensions and additional targets in the region.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Verity Resources Limited on 6ix
Story so far
Earlier from Verity Resources
- Entitlement Issue Prospectus
- Entitlement Offer to Advance Gold, Copper and Silver Assets
- Trading Halt
- Quarterly Activities/Appendix 5B Cash Flow Report
- Up to 21.3g/t Gold From Step Out Drilling at Waihi MRE
Later from Verity Resources
- Step Out Drilling Doubles Mineralised Strike Over MRE Areas
- Regional Drilling Confirms Gold Across 7km of Monument Trend
- Sampling Over New Gold Geophysical Targets Commenced
- Maiden Indicated Resource at Monument Gold Project, Laverton
- Drilling Commenced Across 5 Gold Targets
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