Latitude 66 (ASX:LAT) reported strong initial results from its maiden drilling program at the Laverton Gold Project in Western Australia, with multiple high-grade gold hits confirmed at the Red Dog and Tin Dog prospects.
At Red Dog, assays revealed 11m at 4.6 grams per tonne from 10m and 6m at 4.2 g/t from 24m, extending known flat-lying high-grade mineralisation.
Tin Dog also delivered intersections, including 2m at 12.5 g/t from 83m and 4m at 3.9 g/t from 54m, the latter incorporating 2m at 7.5 g/t, suggesting a new discovery along northwest-southeast striking shear zones.
Both prospects sit on granted mining leases with established infrastructure, including a haul road network and five gold mills within 100km.
Red Dog's current mineral resource estimate stands at 231,000 tonnes at 1.82 g/t for 13,500 ounces of gold, with 89% classified as Indicated and 11% as inferred.
The initial reverse circulation drilling program, conducted in December 2025, comprised 31 holes for 2,653m, with all assays received alongside historical drilling data partially funded through the WA Exploration Incentive Scheme.
Managing Director Grant Coyle described the findings as "a highly encouraging step forward," highlighting the continuity of high-grade mineralisation at Red Dog and new structural discoveries at Tin Dog.
Latitude 66 plans to accelerate resource definition and development with a follow-up drilling campaign next month, supplemented by geophysical surveys and re-processing of previous data.
At the time of reporting, Latitude 66's share price was $0.14.