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DiscovEx Resources Limited ( (AU:LAT) ) has shared an announcement.
Latitude 66 has reported wide, high-grade gold intersections from recent reverse circulation drilling at its Laverton Gold Project, confirming extensions to the Red Dog Mineral Resource and identifying new high-grade mineralisation at the Tin Dog prospect. The results validate the company’s structural model that highlights NW–SE striking shear zones as key controls on gold mineralisation and reveal previously underexplored corridors with strong discovery potential, significantly expanding the project’s prospective footprint. With Red Dog’s current resource supported by new continuity of mineralisation, a new discovery emerging at Tin Dog, and follow-up drilling scheduled for February 2026, the company sees clear potential for rapid resource growth, underpinned by its $5 million funding position and proximity to multiple processing facilities in a record high gold price environment.
More about DiscovEx Resources Limited
Latitude 66 Limited is an Australian gold exploration company focused on the Laverton Gold Project in Western Australia, operating within a tier-one gold district supported by established infrastructure, including haul roads and multiple nearby gold processing plants. The company targets syenite-hosted and structurally controlled gold mineralisation, aiming to grow its mineral resources through drilling across granted mining leases in a region with significant existing and planned processing capacity.
Average Trading Volume: 275,607
Technical Sentiment Signal: Sell
Current Market Cap: A$14.86M
Find detailed analytics on LAT stock on TipRanks’ Stock Analysis page.