In the heart of the famed 50Moz Laverton Gold District, VRL is currently drilling its 154koz at 1.4g/t Monument Gold Project. Only 10% of the project’s massive 20km strike has been tested, and there are at least 60 high priority targets yet to be drilled.

Monument is positioned directly adjacent to and along strike of $5 billion market cap Genesis Minerals’ (ASX: GMD) 3Mtpa mill, which operates at just 0.8g/t Au and is aggressively being turned into a central processing hub.

The current deposit is open in all directions and at depth, and has recorded a litany of high-grade assays including 7m at 13.15g/t Au from 7m, 6m at 7.24g/t Au from 79m, 6m at 3.15g/t Au from 95m and 5m at 3.22g/t Au from 130m. Well outside of the MRE at the 1.1km strike Fred’s Well prospect, there have been numerous outstanding assays such as 24m at 3.24g/t Au from 44m, including 12m at 6.35g/t Au, and 8m at 2.09g/t Au from 40m. 

VRL just commenced a 54 hole, 3,600m RC campaign that includes both infill drilling to upgrade the resource, and step out holes designed to expand the mineralisation footprint – which will be followed up with an aggressive stage two diamond and RC drilling campaign in November.

Read our latest coverage on VRL

• MRE Upgrade and Drilling Commenced as Scoping Study Planning Puts VRL on WA Development Pathway20th May 2026
  The recently upgraded MRE at Verity Resources’ (ASX: VRL) Monument Gold project in WA has delineated a highly refined 137.7koz at 1.72g/t Au resource that has serious potential for development, with a scoping study to commence on the open-pit resource of 60.6koz at 1.68g/t Au based on toll-treating at one of the many nearby mills,… Read more: MRE Upgrade and Drilling Commenced as Scoping Study Planning Puts VRL on WA Development Pathway
• Remarkable Consistency from New Assays as VRL Launches Resource Upgrade and Expansion Drilling25th September 2025
  Remarkable mineralisation consistency and continued impressive grades have been seen in the first round of assays from the recent 3,600m RC drilling program at Verity Resources (ASX: VRL)’s flagship Monument Gold Project, with results such as 5.8m at 2.5g/t from 15m, 2.9m at 3.6g/t from 30m, 3.91m at 3.81g/t from 57m, and 19.4m at 1.65g/t… Read more: Remarkable Consistency from New Assays as VRL Launches Resource Upgrade and Expansion Drilling
• Aggressive Resource Upgrade Drilling at VRL’s WA Gold Project Paves the Way for M&A25th August 2025
  In what is shaping up to be a classic WA gold takeover target, Verity Resources’ (ASX: VRL) is currently drilling their 154koz at 1.4g/t Monument Gold Project, the bulk of which is contained across just 800m of the 20km strike that VRL owns in the famed 50Moz Laverton Gold District. It’s positioned directly adjacent to… Read more: Aggressive Resource Upgrade Drilling at VRL’s WA Gold Project Paves the Way for M&A