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Latitude 66 Reports Promising Drilling Results and Nears JV Sale Completion

Story Highlights
  • Latitude 66 Limited focuses on gold exploration at the Edjudina Project in Western Australia.
  • The company reports promising gold mineralization and nears completion of a $6 million JV sale.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Latitude 66 Reports Promising Drilling Results and Nears JV Sale Completion

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

Latitude 66 Limited has announced the final assay results from its air core drilling program at the Edjudina Project, revealing promising gold mineralization at the Hornet South, Hercules, and Falcon prospects. The results indicate the presence of an Intrusion-Related Gold System (IRGS) style mineralization and significant shear-hosted gold systems, reinforcing the company’s exploration strategy. Additionally, the company is nearing completion of a $6 million sale of its Greater Duchess JV interest to Carnaby Resources, which will provide non-dilutive capital to further accelerate exploration efforts.

More about DiscovEx Resources Limited

Latitude 66 Limited (ASX: LAT) is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is primarily involved in gold exploration projects, with a significant emphasis on the Edjudina Project in Western Australia.

Average Trading Volume: 162,763

Technical Sentiment Signal: Sell

Current Market Cap: A$11.62M

See more insights into LAT stock on TipRanks’ Stock Analysis page.

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