Latitude 66 Launches Maiden Drilling at Laverton Gold Project Targeting 200-450koz Gold Potential

Latitude 66 Commences Drilling at Laverton

Latitude 66 Limited has embarked on its inaugural drilling program at the recently acquired Laverton Gold Project in Western Australia. The project, located roughly 300 kilometres northwest of Kalgoorlie, represents a strategic addition to the company's portfolio, with immediate exploration activities now underway. The campaign involves approximately 3,000 metres of Reverse Circulation (RC) drilling focused on the Red Dog and Tin Dog Prospects, both situated on granted mining leases.

Exploration Target and Resource Potential

Latitude 66 has defined an Exploration Target ranging from 6.5 to 11 million tonnes grading between 1.0 and 1.3 grams per tonne of gold. This translates to a potential gold endowment of 200,000 to 450,000 ounces within the combined Red Dog and Tin Dog areas. The target extends from surface to a depth of 200 metres, with mineralisation below this depth remaining open and promising further upside. The Exploration Target is based on extensive historical drilling data, including over 300 drill holes and nearly 14,000 metres of drilling conducted by previous operators.

Drilling Objectives and Geological Insights

The maiden drilling program aims to test extensions of the existing Red Dog Mineral Resource Estimate both along strike and at depth beneath the historically mined open pit. At Tin Dog, the focus is on validating historical results, exploring strike extensions, and assessing deeper mineralisation potential. Geological models suggest the presence of a deeper syenite intrusion at Red Dog, which could be responsible for multiple stacked lodes, enhancing the prospectivity of the area.

Strategic Location and Near-Term Outlook

Both prospects benefit from their location on granted mining leases near established gold processing facilities, which could facilitate future development. Latitude 66’s Managing Director, Grant Coyle, highlighted the team's swift progress in mobilising the drill rig and the excitement surrounding the project’s near-term potential. Assay results from the drilling campaign are expected within 6 to 8 weeks, anticipated in the first quarter of 2026, which will provide critical data to refine resource estimates and guide subsequent exploration.

Looking Ahead

This maiden drilling marks a significant step in unlocking the Laverton Gold Project’s value. The combination of a well-defined Exploration Target, promising geological indicators, and proximity to infrastructure positions Latitude 66 to potentially expand its resource base substantially. Investors and market watchers will be keenly awaiting assay results that could validate the project's scale and quality, setting the stage for further advancement.