Verity Resources Launches 550-Sample Soil Programme at Monument Gold

The Verity Resources soil sampling campaign represents a pivotal moment for the company as it launches a comprehensive 550-sample soil programme across multiple geophysical targets at its 100%-owned Monument Gold Project in Western Australia's prestigious Laverton Goldfields. This systematic exploration programme represents a significant step forward in the company's district-scale growth strategy, combining first-pass coverage of the newly granted 210km² Gum Well area with follow-up work at previously identified anomalous zones.

The campaign builds directly on Verity's existing 154koz Mineral Resource Estimate at the Korong-Waihi deposits and targets the same geological formations that host Genesis Minerals' 1.4Moz Westralia deposit located immediately southeast of Monument.

Major Soil Sampling Programme Targets Multiple High-Priority Prospects

The systematic exploration programme encompasses two distinct focus areas designed to advance Verity's dual strategy of regional discovery alongside resource development. Furthermore, the campaign combines first-pass sampling across entirely new tenure with strategic infill work at prospects showing established surface anomalism.

Key Campaign Highlights:

• First-pass soil sampling across the newly granted Gum Well area (E39/2558)
• Infill and extension programmes at Star Well, McKenzie Well, and McKenzie Granite prospects
• Multiple mineralisation styles being targeted: intrusion-hosted and BIF-hosted gold systems
• High-grade rock chips up to 6.17g/t Au previously identified at Star Well
• Coherent gold-in-soil anomalies up to 96ppb Au at McKenzie Well remain undrilled

Director Patrick Volpe commented: "This soil sampling campaign builds directly on the exploration work we have been systematically executing across Monument. At Star Well and McKenzie Well we now have surface anomalism to follow up and, in addition, at McKenzie Well we have coherent gold-in-soil anomalies up to 96ppb Au that have never been drill tested."

The programme represents a crucial progression from conceptual target identification through to drill-ready status. Consequently, this positions Verity to advance early-stage prospects within a proven geological framework.

Strategic Targeting Across Expanded Monument Tenure

Gum Well: First-Pass Exploration on Premium Real Estate

The 210km² Gum Well area, granted in January 2026, more than doubled Verity's Monument landholding to approximately 405km². Field reconnaissance has confirmed highly prospective geology including multiple target geological units across the expanded tenure.

Target Geological Units:
• High-level intrusives analogous to Genesis Minerals' Jupiter (~1.5Moz) and Cameron Well (~0.25Moz) deposits
• Ultramafic and mafic units prospective for intrusion-hosted gold
• Banded cherts and iron formations (BIF) similar to the 1.4Moz Westralia deposit

This geological diversity positions Gum Well for multiple gold mineralisation styles within a single tenement. Furthermore, this significantly expands Verity's exploration optionality. The analogous geological settings to major neighbouring deposits provide a robust framework for targeting systematic exploration programmes.

Star Well: Building on High-Grade Surface Results

Star Well hosts an 8km strike length of favourable geology comprising mafic volcanics, chert, BIF and felsic gneiss. Previous surface sampling has delivered impressive results across multiple geological environments.

The current campaign will infill and extend coverage along trend of the strongest anomalies to better define structural controls prior to RC drilling. Previous programmes have completed 711 lag + 649 soil samples submitted for multi-element analysis. Consequently, this establishes a robust baseline for target refinement.

McKenzie Well: Untested High-Priority Target

McKenzie Well represents one of Verity's most compelling undrilled prospects. The 4km x 2.5km granitoid intrusive has generated multiple coherent gold-in-soil anomalies across two distinct zones with structural continuity.

McKenzie Well Anomalism:
• 108 individual soil samples exceeding 5ppb Au cut-off
• Peak values up to 96ppb Au
• Two distinct anomalous zones with structural continuity
• Direct adjacency to Genesis Minerals' 34koz McKenzie Well deposit (400m to east)

The McKenzie Well granitoid intrusive shows particular promise given its geological similarities to productive systems in the district. Previous aircore geochemical drilling returned 1m @ 0.28g/t Au from quartz veining. This provides geological validation for the broader soil geochemical programme.

Understanding BIF-Hosted Gold: The Westralia Connection

What are Banded Iron Formations (BIF)?

Banded Iron Formations represent sedimentary rocks consisting of alternating layers of iron-rich minerals and chert. These geological units formed during specific periods in Earth's history. Furthermore, they often contain significant gold mineralisation in structurally favourable locations.

Why BIFs Matter to Investors:

BIF-hosted gold systems can deliver substantial resources due to their geological characteristics:
• Continuous strike length – often extending for many kilometres along predictable geological trends
• Predictable geology – allowing systematic exploration and resource definition programmes
• Historical productivity – proven track record in the Laverton district with major deposits

Monument hosts approximately 20km of BIF strike – the same geological unit interpreted to host Genesis Minerals' 1.4Moz Westralia deposit. The geological correlation provides a robust framework for exploration targeting. This is particularly important given that only ~10% of this strike length has been systematically drilled to date.

The BIF units at Monument represent the same stratigraphic sequence hosting Verity's existing 139koz Korong and 15koz Waihi deposits. This provides geological continuity across the expanded project area. Consequently, this geological framework offers substantial exploration upside across largely untested strike length.

Clear Pathway to Drilling and Resource Growth

Immediate Next Steps:

1. Complete 550-sample soil programme across target areas
2. Multi-element analysis at ALS Perth laboratory
3. Prioritise strongest anomalies for follow-up work
4. Design aircore drilling programme (subject to soil results)

Medium-Term Catalysts:

• Aircore drilling programme to test priority soil anomalies
• RC drilling at Star Well and McKenzie Well prospects
• Updated Mineral Resource Estimate to increase confidence to Indicated status (expected April 2026)

The systematic approach positions Verity to advance early-stage conceptual targets through to drill-ready status. This feeds directly into the Monument exploration pipeline. The dual-focus strategy combines regional discovery potential with resource development at existing deposits.

Strong Investment Thesis: District-Scale Opportunity in Proven Gold District

Competitive Positioning

Monument Gold Project sits in an enviable position within the world-class Laverton Gold District. It is surrounded by major producers and significant resources across multiple geological settings.

Key Investment Drivers:

1. Proven Geological Setting
• Same BIF units hosting 1.4Moz Westralia deposit
• Analogous intrusive settings to 1.5Moz Jupiter and 0.25Moz Cameron Well
• 405km² of highly prospective tenure in proven gold district

2. Substantial Exploration Upside
• Only ~10% of 20km BIF strike systematically drilled
• ~60 priority targets identified beyond current resource
• Multiple undrilled prospects with coherent surface anomalism

3. Existing Resource Foundation
• 154koz Au resource base at Korong-Waihi deposits
• Resource upgrade to Indicated status expected April 2026
• Proven geological continuity along strike extensions

4. Systematic Exploration Strategy
• Dual-focus approach: regional discovery + resource growth
• Progressive target generation: soil → aircore → RC drilling
• Multiple mineralisation styles being pursued simultaneously

The combination of established resource base with substantial exploration upside across proven geological settings provides a compelling investment framework. Moreover, Verity's systematic approach to target generation and advancement offers multiple pathways for value creation.

Why Investors Should Track Verity Resources

Catalysts and Timeline Visibility

Near-Term (Next 6 Months):
• Soil sampling results from 550-sample programme
• Aircore drilling programme design and execution
• Progress on resource upgrade pathway

Medium-Term (6-18 Months):
• RC drilling at priority prospects (Star Well, McKenzie Well)
• Updated MRE to Indicated status (April 2026)
• Potential new resource discoveries along 20km BIF strike

Competitive Advantages

Verity offers investors exposure to multiple value creation pathways:
• District-scale opportunity in world-class Laverton Goldfields
• Multiple exploration vectors across proven geological settings
• Systematic exploration approach with clear progression pathway
• Immediate drilling catalyst from current soil programme
• Resource upgrade visibility with April 2026 MRE target

The combination of existing 154koz resource, substantial exploration upside across 405km² of premium tenure, and immediate drill-ready targets positions Verity as a compelling gold exploration opportunity. This is particularly relevant in one of Australia's premier gold districts.

Key Takeaway: Verity Resources has assembled a district-scale gold opportunity in the proven Laverton Goldfields, with immediate drilling catalysts from the current soil campaign and substantial resource growth potential across 20km of largely untested BIF strike. With multiple high-priority targets and a clear exploration pathway, investors should monitor upcoming soil results and drilling programmes closely.

The systematic Verity Resources soil sampling campaign represents a crucial step in advancing Verity's exploration pipeline from conceptual targets through to drill-ready prospects. With results expected to prioritise the strongest anomalies for follow-up aircore drilling, the programme offers near-term catalysts within a district-scale exploration framework. Furthermore, the Verity Resources soil sampling campaign demonstrates the company's commitment to systematic exploration across proven geological settings.

Is Verity Resources Your Next Gold Discovery Play?

With a comprehensive 550-sample soil programme now underway across multiple high-priority targets at the Monument Gold Project, Verity Resources is systematically advancing early-stage prospects within the world-class Laverton Goldfields. The company's dual strategy of regional discovery alongside its existing 154koz resource base offers investors exposure to both immediate drilling catalysts and substantial exploration upside across 405km² of premium tenure. To explore how Verity's systematic approach to target generation could unlock value across largely untested BIF strike extensions and multiple undrilled prospects, visit the company's website for comprehensive project details and upcoming milestone timelines.