Adding Image From Static Resource in Formula Field

if(
(geolocation__Latitude__s==0 || ISBLANK(geolocation__Latitude__s))&&
(geolocation__Longitude__s==0||ISBLANK(geolocation__Longitude__s)),
IMAGE('/resource/MapIcons/circle_red.png','Address Not Verified' )+' Address Not Verified',
IMAGE('/resource/MapIcons/circle_green.png','Address Verified and Valid')+' Address Verified and Valid'
)