DiscovEx Resources Limited ( (AU:LAT) ) has issued an update.
Latitude 66 Limited has successfully completed a maiden Reverse Circulation (RC) drilling program at the KSB North project in northern Finland, targeting the K6E and K6W Prospects. The drilling intersected sulphides potentially related to high-grade gold and copper surface samples, with assay results expected in six weeks. The company identified methodologies to minimize environmental disturbance while enhancing productivity, which will allow for more cost-effective and rapid testing of additional targets. This development aligns with Latitude 66’s strategy to expand their mineral resource and explore potential opportunities in the region.
More about DiscovEx Resources Limited
Latitude 66 Limited, trading on the ASX under the ticker LAT, operates in the mining industry with a focus on exploration and development of mineral resources, particularly gold and copper. The company is actively engaged in projects in northern Finland, aiming to optimize drilling techniques and expand their mineral resource base.
YTD Price Performance: 84.21%
Average Trading Volume: 166,202
Technical Sentiment Signal: Buy
Current Market Cap: A$12.52M
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