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Latitude 66 Limited (ASX:LAT)

ALERT: Price-sensitive ASX Announcement for LAT
Current share price for LAT : $0.105 0.035 (50%)+
Announcement
Release
1 Dec 2025 8:26AM
Price at Release
$0.070
Full Release
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Summary
Latitude 66 Limited has launched its maiden drilling campaign at the Laverton Gold Project in Western Australia, aiming to expand the mineral resource base. This effort involves 3,000 meters of Reverse Circulation (RC) drilling at the Red Dog and Tin Dog Prospects, situated on granted mining leases. The program is designed to extend known mineralisation and explore further growth potential, with assay results anticipated by the first quarter of 2026. An Exploration Target has been established, projecting significant gold endowment possibilities. This initiative follows the company's recent acquisition of the project, highlighting their commitment to rapid development and resource evaluation.
Key Points
  • Latitude 66 Limited has commenced its maiden drilling campaign at the Laverton Gold Project.
  • The drilling program includes 3,000m of Reverse Circulation (RC) drilling across Red Dog and Tin Dog Prospects.
  • The Laverton Gold Project is located approximately 300 km northwest of Kalgoorlie, Australia.
  • Assay results from the drilling are expected in the first quarter of 2026.
  • The project aims to extend known mineralisation and assess further potential at depth.
  • An Exploration Target of 6.5-11 million tonnes at 1.0 - 1.3 g/t Au is defined for potential 200-450 koz of contained gold.
  • The initiative is part of Latitude 66's strategic growth following the recent acquisition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.