Monument Gold drill program complete at Fred’s Well Prospect

Precious Metals(ASX: VRL)
Written By Marc Kemmery

Project Name: Monument Gold Project
Project Location: Laverton, Western Australia (WA)
Project Stage: Exploration

ProjectBank Summary:
Verity Resources Limited (ASX:VRL) has successfully completed its 1,700m drilling program at the Fred’s Well Prospect within the Monument Gold Project, located in the Laverton Gold District of Western Australia. The program comprised 22 aircore holes for 1,480m and two reverse circulation (RC) holes for 234m, covering 1,200m of strike along a previously identified 770m mineralised zone. Historical intercepts at Fred’s Well include 24m @ 3.24g/t Au and 12m @ 6.35g/t Au. Samples have been dispatched to ALS Laboratories, with assay results expected before the end of the calendar year.

Godolphin Resources Highlights:

  • Drill program completed: 22 AC holes (1,480m) and 2 RC holes (234m) at Fred’s Well Prospect.

  • Historical highlights include:

    • 24m @ 3.24g/t Au, including 12m @ 6.35g/t Au.

    • 8m @ 2.09g/t Au and 12m @ 1.01g/t Au.

  • Located within the prolific Laverton Gold District, home to major operations like Granny Smith, Wallaby, and Sunrise Dam.

Marc Kemmery
Previous

Significant progress on Narraburra REE Project with production of second, cleaner Mixed Rare Earth Carbonate (MREC), NSW
Next

Coda Minerals Enhances Elizabeth Creek Economics with New Resources and Higher Recoveries, SA