Latitude 66 (ASX:LAT) has begun phase two of drilling at the Laverton Gold Project in Western Australia, targeting an expansion to the system while advancing the previously defined exploration target.
The company will conduct 4,000m of reverse circulation drilling at Laverton, targeting the Red Dog and Tin Dog prospects.
At Red Dog, Latitude will conduct step-out drilling to target extensions to known mineralisation. The initial drilling campaign at Red Dog returned 11m @ 4.6 grams per tonne gold from 10m, 6m @ 4.2g/t gold from 24m, and 6m @ 3.2g/t gold from 22m.
The company will also undergo drilling at the Tin Dog prospect with intention to increase the geological and structural understanding of the area. Phase one drilling identified mineralised lodes to trend northwest to southeast, including 2m @ 12.5g/t gold from 83m and 4m @ 3.9g/t gold from 54m, including 2m @ 7.5g/t gold.
Latitude will also drill additional holes to test a parallel interpreted shear corridor around 300m east of current drilling.
Results from phase two drilling are expected to be returned Q2 2026.
Managing Director Grant Coyle says the company is pleased to move forward with phase two drilling after returning “strong results” in initial drilling.
“At Tin Dog, we are now systematically testing and infilling the newly recognised northwest-southeast structural corridors that have demonstrated high-grade gold potential and materially expand the footprint of mineralisation,” Coyle says.
“At Red Dog, our focus remains on extending the existing mineral resource along strike and at depth, with the objective of growing ounces on granted mining leases in a district with exceptional infrastructure.
“This program is designed to materially increase geological confidence and position the project for continued mineral resource growth.”
Trading Economics reports the price of gold at US$4,890 ($6,910) per ounce as of 18 February 2026, representing a 66.50% increase for this year over year.
Latitude 66 is a diversified gold and critical minerals explorer focused on discoveries in mining jurisdictions in Finland and Australia.
The company is attending the RIU Explorers Conference in Fremantle, Western Australia, held from 17-19 February 2026. Latitude 66 is presenting at 2.30pm AWST on Thursday 19 February.
Mining.com.au is a media partner for the conference.
Write to Maddison Elliott at Mining.com.au
Images: Latitude 66
