Edjudina Drilling Yields Gold Intercepts up to 0.59g/t at Colossus

Exploration Breakthrough at Edjudina

Latitude 66 Limited (ASX:LAT) has delivered encouraging early results from its ongoing aircore drilling program at the Edjudina Project in Western Australia. The company reported assays from 36 drillholes targeting the Colossus Prospect, confirming the presence of gold mineralisation at the bottom of holes and reinforcing the continuity of previously identified intersections.

The Colossus Prospect, situated north of Kalgoorlie, was initially flagged by extensive soil sampling that revealed multiple gold anomalies. The recent drilling has delineated a mineralised corridor roughly 200 metres wide and extending up to 400 metres in length. This corridor is hosted within granitoid rocks and is marked by consistent silica-hematite alteration and quartz veining; hallmarks of hydrothermal activity and potential proximity to a primary gold source.

Geological Significance and Analogues

The alteration assemblage observed in drill chips, including hematite staining and quartz veining, is particularly significant. These features suggest the influence of hydrothermal fluids and oxidation processes typically associated with orogenic gold systems. Latitude 66 draws a compelling parallel to the nearby Lake Rebecca Gold Project, where similar geological settings have yielded substantial gold deposits.

Importantly, the primary source of gold mineralisation at Colossus remains untested at depth, lying beneath the base of weathering where the aircore drilling concluded. This untested zone represents a high-priority target for the company’s next phase of exploration, which will involve deeper reverse circulation or diamond drilling to better understand the potential scale and grade of the deposit.

Next Steps and Broader Project Outlook

Latitude 66 is awaiting assay results from the remaining 52 drillholes, which include other promising targets such as Falcon, Hercules, and Spartan South. These results will be critical in refining the company’s exploration strategy and prioritising follow-up drilling campaigns.

Managing Director Grant Coyle expressed optimism, highlighting the significance of the initial results and the geological indicators pointing to a substantial gold system. The company’s methodical approach; combining geochemical anomaly mapping, paleo-topographic modelling, and targeted drilling; positions it well to unlock further value from the Edjudina Project.

While still in the early stages, these findings underscore Latitude 66’s potential to advance a meaningful gold discovery in a prolific region, attracting attention from investors and industry watchers alike.