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Latitude 66 completes Phase 2 drilling at Laverton Gold Project

Story Highlights
  • Latitude 66 completed Phase 2 RC drilling at Laverton, targeting Red Dog and Tin Dog to extend known gold lodes and refine geological confidence.
  • Assay results due within weeks will shape further drilling and could drive resource growth, bolstering Latitude 66’s position in the Laverton gold district.
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Latitude 66 completes Phase 2 drilling at Laverton Gold Project

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DiscovEx Resources Limited ( (AU:LAT) ) has provided an announcement.

Latitude 66 has completed a Phase 2 reverse circulation drilling program at its Laverton Gold Project in Western Australia, comprising 38 holes for 3,914 metres across the Red Dog and Tin Dog prospects. The campaign was designed to build on strong Phase 1 results by extending known lodes along strike and at depth, and by improving geological and structural confidence in the emerging mineralised systems.

At Red Dog, step-out drilling targeted extensions to the shallow, flat-lying lodes beyond the existing mineral resource, with work aimed at supporting future resource growth. At Tin Dog, drilling focused on defining a shear-hosted system and testing interpreted parallel structures that could significantly expand the mineralised footprint if successful.

Samples have been dispatched progressively to a laboratory in Kalgoorlie, with assay results expected in the coming weeks to guide the next phase of drilling. The program underpins Latitude 66’s strategy of rapidly expanding its gold resource inventory at Laverton, which could enhance its project economics and strengthen its position within the regional gold exploration sector.

More about DiscovEx Resources Limited

Latitude 66 Limited is an Australian mineral exploration company focused on gold, with its key activities centred on the Laverton Gold Project in Western Australia. The company is advancing prospects such as Red Dog and Tin Dog, targeting shallow, shear- and intrusive-hosted gold mineralisation with the aim of rapidly growing its resource base in a well-established gold district.

Average Trading Volume: 619,275

Technical Sentiment Signal: Hold

Current Market Cap: A$24.54M

For an in-depth examination of LAT stock, go to TipRanks’ Overview page.

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