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The latest announcement is out from DiscovEx Resources Limited ( (AU:LAT) ).
Latitude 66 Limited has commenced its maiden drilling campaign at the Laverton Gold Project in Western Australia, targeting resource growth at the Red Dog and Tin Dog Prospects. The drilling program, consisting of 3,000 meters of Reverse Circulation drilling, aims to extend known mineralization and explore potential new lodes at depth. This initiative underscores the company’s strategic focus on accelerating exploration activities to enhance its gold resource base, with assay results expected in early 2026. The project holds significant potential, with an exploration target indicating a possible gold endowment of 200-450 thousand ounces, highlighting the project’s promising scale and future growth opportunities.
More about DiscovEx Resources Limited
Latitude 66 Limited, trading as Lat66, operates in the mining industry with a focus on gold exploration and development. The company is engaged in identifying and developing gold resources, particularly in Western Australia, where it has recently acquired the Laverton Gold Project.
Average Trading Volume: 285,014
Technical Sentiment Signal: Sell
Current Market Cap: A$12.69M
For a thorough assessment of LAT stock, go to TipRanks’ Stock Analysis page.