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An announcement from DiscovEx Resources Limited ( (AU:LAT) ) is now available.
Latitude 66 Limited has successfully completed its maiden reverse circulation (RC) drilling program at the K6 Prospect in northern Finland, confirming the presence of gold, cobalt, and copper mineralization. The results indicate a potential extension of the mineralized gold trend from the K1 deposit to the K6 prospects, spanning approximately 2.5 kilometers. This development underscores the viability of RC drilling as a cost-effective and efficient method for early-stage exploration in the Finnish environment, potentially accelerating exploration and resource growth for the KSB Project. The company is exploring further development of RC drilling operations in collaboration with European partners, aiming to refine drill targeting and assess deeper mineralization potential within the K6 corridor.
More about DiscovEx Resources Limited
Latitude 66 Limited, trading as Lat66, operates in the mining and exploration industry, focusing primarily on the exploration and development of mineral resources. The company is engaged in identifying and extracting valuable minerals, such as gold, cobalt, and copper, with a specific market focus on the KSB Project located in northern Finland.
Average Trading Volume: 113,333
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.62M
Find detailed analytics on LAT stock on TipRanks’ Stock Analysis page.