InvestSMART

Latitude 66 Limited (ASX:LAT)

ALERT: Price-sensitive ASX Announcement for LAT
Current share price for LAT : $0.095 -0.075 (-44.12%)+
Release
29 Apr 2026 8:19AM
Price at Release
$0.170
Full Release
download
Summary
Latitude 66 Limited has announced significant findings from their Phase 2 drilling program at the Tin Dog Prospect, part of the Laverton Gold Project in Western Australia. The program has unveiled two new mineralized lodes, The Don and Wilpro, each stretching over 500 meters and remaining open along strike and at depth. The findings highlight a mineralized structural corridor primarily controlled by NW–SE trending shear zones associated with the regional Hornet–Stewart shear system. Historical exploration, which focused on NE–SW structures now reinterpreted as secondary, did not thoroughly explore this main mineralized trend, presenting new areas for potential gold discovery. The results emphasize strong geological and grade continuity, and Latitude 66 plans further drilling to expand resource definitions.
Key Points
  • Discovery of two new mineralized lodes, The Don and Wilpro, each over 500m.
  • Lodes are open along strike and depth, showing strong grade continuity.
  • Gold mineralization controlled by NW–SE trending shear zones.
  • Previous focus on NE–SW structures reinterpreted as secondary.
  • Potential for further discoveries in largely untested NW–SE structures.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.