Verity Resources (ASX: VRL) has confirmed gold mineralisation at the A4, A1 and Perseverance prospects along the 9km banded iron formation corridor at its Monument project in Western Australia. First-pass aircore drilling of 58 holes returned gold in 19 of 24 holes at A4 and A1 — the largest previously untested stretch of the Perseverance-A1 corridor, sitting on the same horizon that hosts the company's 137,700oz Korong-Waihi resource. Best composite assays included 8m at 0.73g/t gold from 8m, and Verity now plans to re-assay 1m splits from the strongest intervals ahead of RC drilling to pin down true width and grade. With around 60 targets identified across Monument and 20km of strike still untested, read the full article for how the company intends to work through that pipeline.

Verity Resources Confirms Gold Mineralisation at Three Targets within Monument Project BIF CorridorVerity Resources confirms gold mineralisation across A4, A1 and Perseverance in Monument project; 19 of 24 holes hit gold, widening potential resource upside.https://smallcaps.com.au/article/verity-resources-confirms-gold-mineralisation-at-three-targets-within-monument-project-bif-corridor