Break it Down: Advisor leads gold growth at Genesis' small cap neighbour
Stockhead's Break it Down brings you today's leading market news in under 90 seconds.
In this episode, host Tylah Tully takes a look at Verity Resources (ASX:VRL), which is working to become a significant player in the West Australian gold scene.
The company has appointed Xirlatem and its renowned structural geologist Doctor Rick Gordon to oversee expansion plans at Verity's Monument Gold Project.
Tune in to hear all about it.
While Verity Resources is a Stockhead advertiser, it did not sponsor this content.
Originally published as Break it Down: Advisor leads gold growth at Genesis' small cap neighbour Stockhead
The ASX fell 0.31pc by lunchtime in the east, sliding as traders rotated into defensive utilities stocks. Stockhead
Donald Trump again has threatened a tariff on drugs imported into the US, but the drug makers have been given a year or so 'to get their act together'.
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'We have very limited historic information. This is a brand new area, even in Mongolia, in the southwest part where we are working. 'I don't think there have been any historic magmatic mafic intrusion-related copper and nickel sulphide systems before, so this is brand new in this sense, so we really have to do everything from ground up. 'That's why we certainly believe that there is definitely a potential for camp-scale or clusters of orebodies within a few kilometres or a few tens of kilometres from each other.' Mongolia still emerging Despite Mongolia being home to Rio Tinto's massive Oyu Tolgoi copper-gold mine, Zunduisuren said it was still misunderstood as a destination. 'The last round of real investor interest was in the early 2000s,' he said. 'That's when we had a big flow of investment from Australia and Canada, especially in the gold space in Mongolia, and then the copper space. 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'To really make their minds up, there's two things that need to be there. One is a quantity. The other is quantity. 'With our current results, we have shown there's definitely a quality of the product there, but we need to show the quantity and that's the whole strategy of this year's exploration.' At Stockhead we tell it like it is. While Asian Battery Metals is a Stockhead advertiser at the time of writing, it did not sponsor this article. Originally published as Kristie Batten: Asian Battery Metals eyes scale-up of copper-nickel discovery
