Verity Resources

VERITY_Monument_KorongWaihiPlan_2026-06-10

2,868km² of 100%-owned ground in the Limpopo Mobile Belt: bonanza-grade copper–silver at Airstrip and Dibete, plus the Maibele North nickel–copper–PGE resource. Copper and silver underpin electrification and grid build-out.

Copper-Silver, Nickel-PGE

Botswana

The Pimenta REE–gallium project in Minas Gerais, with a district-scale rare earth trend. Rare earths are the basis of permanent magnets for EVs, wind and defence; gallium is critical to semiconductors — both with supply concentrated outside the West.

Rare Earths, Gallium

Brazil

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Verity Resources (ASX: VRL) | Investor Hub

Karla

Verity Resources is advancing the Monument Gold Project in Western Australia, supported by a portfolio of copper–silver and rare earths exploration opportunities in Botswana and Brazil. Monument anchors the investment story, while the wider portfolio provides exposure to metals important to electrification, advanced technology and supply-chain diversification.

A defined gold resource in one of Australia's most productive gold districts.

We are an exploration company listed on the ASX (ASX. VRL) and Frankfurt Stock Exchange (FSE. 48B0). Our flagship asset is the Monument Gold Project, 405km² of 100% owned ground about 40km west of Laverton in Western Australia, directly along strike from Genesis Minerals' Laverton operations. We also hold 2,868km² of copper, silver and nickel ground in Botswana and a rare earth elements and gallium project in Brazil.

Toll treatment is ordinary practice across the Western Australian goldfields, where mills routinely run other companies' ore to fill spare capacity.

Monument anchors the case: a defined, partly Indicated gold resource with the metallurgy to match, inside a large landholding that is barely drilled. Copper–silver and rare earths sit alongside as strategic optionality.

A defined resource at Monument, with the metallurgy to match

Mineral resources carry a confidence category. Inferred is an estimate drawn from wider-spaced drilling. Indicated means the drilling is close enough together for the estimate to support a mining study. Until May 2026, every ounce at Monument was Inferred.

On 12 May 2026 we declared 2.5Mt at 1.72g/t gold for 137,700 ounces. Of that, 1.18Mt at 1.75g/t for 66,200 ounces is Indicated, and 57,000 of those ounces sit inside an optimised open pit shell run at A$5,500 an ounce. Leach tests at Korong averaged 92.75% gold recovery in January 2026, and at Waihi in June 2026 returned 96.99% from weathered material and 96.67% from fresh rock inside 24 hours. The other 71,500 ounces remain Inferred and the deposits remain open at depth and along strike.

Indicated ounces can carry a mining study. Inferred ounces cannot. That is what the May estimate changed, and it is why the metallurgical work that followed matters.

We have tested a fraction of what we hold, and the gold keeps showing up.

Gold at Monument sits in banded iron formation that runs for about 20km through our ground — the same stratigraphy that hosts Genesis Minerals' 1.4Moz Westralia deposit. In January 2026 a single tenement grant took our holding from roughly 195km² to about 405km², and most of that ground has never been drilled.

First-pass aircore along a 9km corridor confirmed gold at the A1 and A4 prospects in July 2026, and Gum Well is a new intrusion-related target on the newly granted ground. Each of these sits outside the current resource and points to room for the resource base to grow with further drilling.

A defined resource is the floor, not the ceiling: 20km of prospective strike remains largely untested.

Copper–silver and rare earths sit next to the Monument gold focus as optionality — exposure to metals central to electrification, advanced technology and supply-chain security, without diluting the gold story.

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