Latitude66 (ASX:LAT) launched a major follow-up drilling campaign at its flagship Laverton Gold Project, aiming to capitalise on high-grade intercepts discovered during its initial exploration phase.
The second stage involves approximately 4,000m of reverse circulation drilling, specifically designed to expand known mineralised zones and test new structural targets within the prolific gold district.
The campaign is split between two primary prospects: Red Dog and Tin Dog.
At Red Dog, "step-out" drilling will attempt to extend the high-grade gold footprints previously identified, which included hits such as 11m @ 4.6g/t Au.
Simultaneously, work at Tin Dog focuses on the NW-SE trending mineralised lodes to bolster geological confidence and explore extensions of high-grade zones, such as the 2m @ 12.5g/t Au recorded in Phase 1.
Beyond the established areas, the company is also testing a parallel interpreted shear corridor located 300m east of current operations—a site that has seen limited historical testing but holds significant structural potential.
Managing Director Grant Coyle highlighted that this program is vital for "materially expanding the footprint of mineralisation" and growing the project's total ounces.
At the time of reporting, Latitude66's share price was $0.15.