Latitude 66 (ASX:LAT) has returned ‘high grade’ gold mineralisation across numerous lodes at the Red Dog and Tin Dog prospects within the Laverton Gold Project in Western Australia.
The company has now received all assays from reverse circulation drilling across 2,653m for 31 holes. Seven of the holes were partially funded by the state government’s Exploration Incentive Scheme.
Drilling at the Red Dog prospect has extended the known flat-lying mineralisation including 11m @ 4.6 grams per tonne gold from 10m, 6m @ 4.2g/t gold from 24m, 6m @ 3.2g/t gold from 22m, and 5m @ 2.3g/t gold from 22m.
The Tin Dog prospect has returned a new discovery within the northwest to southeast striking shear zones. Intercepts from Tin Dog include 2m @ 12.5g/t gold from 83m, 4m @ 3.9g/t gold from 54m, including 2m @ 7.5g/t gold, 11m @ 2.3g/t gold from 83m, including 8m @ 3g/t gold from 83m.
Latitude 66 will begin follow up drilling next month to extend the defined mineralisation and expand on the resource potential. The company will also conduct induced polarisation surveys at Red Dog and re-process historical surveys from Tin Dog.
Managing Director Grant Coyle says drill results from the Laverton Gold Project represent a “highly encouraging step forward” for the company.
“At Red Dog, we are seeing strong confirmation of wide, flat-lying high grade gold mineralisation beyond the existing mineral resource, reinforcing our confidence in the continuity and growth potential of the deposit,” Coyle says.
“At Tin Dog, the results not only validate historical syenite-hosted mineralisation but also confirm our newly developed structural model, with new high grade gold discoveries along previously underexplored corridors.
“Importantly, these results demonstrate the clear potential for rapid mineral resource growth in line with the reported exploration target across both prospects, supported by their location on granted mining leases in a tier-one gold district with exceptional infrastructure.
“With a strong balance sheet and follow-up drilling scheduled for February 2026, Latitude 66 is well positioned to capitalise on our initial exploration success in the record high grade price environment to unlock further value at the Laverton Gold Project.”
Latitude 66 is a diversified gold and critical minerals explorer focused on discoveries in mining jurisdictions in Finland and Australia.
Write to Maddison Elliott at Mining.com.au
Images: Latitude 66
