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Verity Resources Confirms 1.1km Gold Zone at Fred’s Well, Launches $1.1M Rights Issue
4:22am on Monday 2nd of June, 2025 AEST
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Mining
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Verity Resources Confirms 1.1km Gold Zone at Fred’s Well, Launches $1.1M Rights Issue
4:22am on Monday 2nd of June, 2025 AEST
Key Points
Preliminary studies underway to upgrade Korong-Waihi Mineral Resource Estimate
Infill drilling at Fred’s Well confirms 1.1km gold mineralised strike trend
Raised $308k via placement; announced $1.1 million renounceable rights issue
Corporate changes include retirement of Dr Paul Woolrich and appointment of Paul Dickson
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