en.Wedoany.com Reported - Latitude 66 has announced that all final assay results from the second phase of drilling at its Laverton Gold Project in Western Australia have been received, with the data further confirming the continuity and growth potential of the Tin Dog mineralized zone, laying the groundwork for an initial resource estimate later this year.
The company completed a total of 42 reverse circulation (RC) drill holes, with results from the final 22 holes now released, including 20 from the Red Dog area and two from the Tin Dog area. At Tin Dog, drilling continues to confirm continuous gold mineralization over 500 meters along strike and 400 meters down-dip, with true thicknesses reaching 22 meters. The best intersection in this area was from hole LVRC077, which returned 20 meters at 1.2 grams per tonne (g/t) gold from 206 meters, including 6 meters at 2.2 g/t from 208 meters and 7 meters at 1.3 g/t from 236 meters. Other later results include hole LVRC078, which intersected 3 meters at 2.9 g/t from 114 meters and 5 meters at 0.8 g/t from 138 meters.
Latitude 66 (ASX:LAT) stated that these results continue to support the deposit's characteristics as a structurally controlled, intrusion-hosted gold system, with multiple wider intersection zones present within the syenite intrusion, not limited to its margins. Managing Director Grant Coyle noted that the consistency, scale, and continuity of the Tin Dog mineralization underpin the company's target of delineating an initial mineral resource estimate by the third quarter of 2026. He said drilling continues to validate the broader intrusion-hosted and structurally controlled nature of the Tin Dog mineralization, with multiple wider intersection zones occurring outside the intrusion margins, supporting the interpretation of a potentially larger mineralized intrusive system at depth. Coyle added that The Don continues to expand in scale, with mineralization confirmed over a considerable strike and vertical extent, while remaining open both down-dip and along strike.
Latitude 66 indicated that the evolving geological model points to a potentially larger mineralized intrusive system at depth. The wider zones within the syenite suggest that the near-surface, thin intrusive bodies may be offshoots of a larger intrusion at depths below current drilling. Mineralization remains open to the southeast and down-dip at The Don, with additional parallel targets emerging in previously under-drilled areas between The Don and the Wilpro structure. Expansion potential also exists beneath the Wilpro and Brunswick structures, where historical drilling only tested shallow depths of approximately 100 meters. Latitude 66 believes there is still room for growth within the broader intrusion-hosted environment between The Don, Wilpro, and Brunswick.
Latitude 66 has now received all assay results from drilling since entering the Laverton Gold Project option in November 2025. The complete dataset will be integrated into the initial resource estimate for Tin Dog and the updated resource for Red Dog. Red Dog currently has a resource of 231,000 tonnes at 1.82 g/t gold, containing 13,500 ounces of gold. Red Dog returned shallow supportive results from the final batch of assays, including hole LVRC073 intersecting 6 meters at 1.1 g/t from 34 meters; hole LVRC076 intersecting 2 meters at 1.4 g/t from 40 meters; and hole LVRC075 intersecting 1 meter at 4.0 g/t from 32 meters. Latitude 66 stated that these intersections extend mineralization beyond the current Red Dog resource envelope, supporting further follow-up drilling.
The next steps focus on final geological interpretation and 3D modeling. Latitude 66 targets submitting the initial resource estimate for Tin Dog and the updated resource estimate for Red Dog in the third quarter of 2026. The company also plans additional drilling on down-dip and parallel vein targets, while advancing permitting work at Red Dog to assess near-term development options.
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