Latitude 66 Limited (ASX:LAT) | High priority gold targets at both KSB and PSB Projects, Finland
Episode Summary: Latitude 66 Limited (ASX: LAT) Exploration Update, KSB and PSB Projects, Finland. Announced 13 July 2026.
What was announced:
Latitude 66 has completed Fixed Loop Electromagnetic surveys across its KSB and PSB Projects in Finland. The surveys identified multiple high priority conductive targets interpreted as potentially representing sulphide accumulations.
Key results at KSB:
The K1 conductor was confirmed and significantly strengthened. Previous down-hole electromagnetic modelling recorded conductance of 1,040 siemens. New Fixed Loop Electromagnetic surveying lifted modelled conductance to 2,466 siemens. Combined modelling defined a continuous conductor extending approximately 320 metres along strike and up to 650 metres down dip, sitting beyond the current Mineral Resource envelope. Historical gold intersections around the K1 conductor include 5.6 metres at 7.3 grams per tonne gold, 2.3 metres at 4.1 grams per tonne, and 3.5 metres at 2.6 grams per tonne.
Key results at PSB:
At the Reutu Prospect, surveys identified two conductors. The largest measures approximately 1,200 metres by 700 metres. The Reutu 1 anomaly was modelled at approximately 1.1 kilometres along strike and around 680 metres down dip.
Existing KSB Mineral Resource:
7.2 million tonnes at 2.7 grams per tonne gold, holding 650,000 ounces of gold and 5,840 tonnes of cobalt.
What this enables:
Multiple drill ready targets have been defined across both projects. The K1 conductor provides a priority resource extension target at KSB. The Reutu conductors provide new exploration targets at PSB. The Company is also advancing Pre Feasibility Study workstreams, Environmental Impact Assessment activities, and other project development activities in parallel.
Next steps to watch:
Diamond drilling is planned to commence in the third quarter of 2026, targeting priority conductors at both KSB and PSB including the K1 resource extension target and the Reutu conductors. Environmental baseline studies, infrastructure assessments, metallurgical testing, and stakeholder engagement continue alongside exploration.
Disclaimer: This podcast is for information purposes only. Nothing in this episode constitutes financial advice. Listeners must conduct their own research and consider their own financial circumstances before making any investment decision.