Latitude 66 Limited reports wide, high-grade gold intersections at its Laverton Gold Project, confirming extensions and new discoveries at the Red Dog and Tin Dog prospects. The results validate a structural model and set the stage for rapid resource growth.
- Wide, high-grade gold mineralisation confirmed at Red Dog and Tin Dog prospects
- New discovery potential along NW–SE shear zones validated by drilling
- Red Dog Mineral Resource currently 231kt at 1.82g/t Au for 13,500oz gold
- Follow-up drilling scheduled for February 2026 to expand resources
- Project benefits from tier-1 gold district infrastructure and $5 million cash
Strong Drilling Results at Laverton
Latitude 66 Limited (ASX – LAT) has delivered promising drilling results from its Laverton Gold Project in Western Australia, confirming wide zones of high-grade gold mineralisation at the Red Dog and Tin Dog prospects. The recent Reverse Circulation (RC) drilling program, completed in December 2025, returned significant intercepts such as 11 metres at 4.6 grams per tonne gold from 10 metres at Red Dog, and 2 metres at 12.5 grams per tonne gold from 83 metres at Tin Dog.
These results not only extend known mineralisation but also validate a newly developed structural geological model that identifies NW–SE striking shear zones as key conduits for gold-bearing fluids. This insight opens up previously underexplored corridors with strong discovery potential, enhancing the project's footprint beyond historical focus areas.
Resource Growth Potential and Strategic Location
The Red Dog prospect currently hosts an Indicated and Inferred Mineral Resource Estimate of 231,000 tonnes at 1.82 grams per tonne gold, equating to approximately 13,500 ounces. The recent drilling has materially extended the mineralised footprint by around 70 metres in multiple directions, supporting the potential to grow the resource both laterally and at depth.
Latitude 66’s Managing Director, Grant Coyle, emphasised the significance of these findings, highlighting the continuity and growth potential of the deposits. The Laverton Gold Project is strategically situated within a tier-1 gold district, boasting granted mining leases and excellent infrastructure, including haul roads and multiple gold processing mills within 100 kilometres. This infrastructure advantage provides clear pathways for rapid development and value realisation.
Next Steps and Financial Position
With $5 million in cash and shares, Latitude 66 is well funded to advance its exploration and development plans. A follow-up drilling campaign is scheduled to commence in February 2026, aiming to extend the defined mineralisation and further expand the resource base. Additional work includes induced polarisation geophysics surveys and progressing permitting to enable near-term development options.
The company’s approach reflects a multi-phase mineralising system, with syenite emplacement acting as a chemical and structural trap for gold-bearing fluids migrating along regional shear zones. This structural complexity offers multiple targets for future drilling and resource expansion.
Overall, Latitude 66’s recent drilling results at Laverton mark a significant step forward in unlocking the project’s potential amid a supportive gold price environment, positioning the company to capitalise on its early exploration success.
Bottom Line?
Latitude 66’s upcoming drilling and permitting efforts will be critical to translating promising exploration results into a robust, expanded gold resource.
Questions in the middle?
- How will the February 2026 drilling campaign refine the current Exploration Target and Mineral Resource Estimates?
- What are the timelines and challenges anticipated for permitting and potential development at Laverton?
- How might ongoing gold price fluctuations impact Latitude 66’s project valuation and funding strategy?