Latitude 66 Limited’s Post

#ASXNews Multi-Phase Exploration Highlights Potential Scale and Prospectivity of the KSB Project Latitude 66 Limited is pleased to provide an update on #exploration activities within its flagship KSB project in northern Finland. Final assays have now been received from diamond #drilling completed at the K8, K10 and K12 prospects. A downhole electromagnetic survey (“DHEM”) was also completed at K8, with conductive anomalies generated both east and west of defined mineralisation. These anomalies have defined a broad east-west trend that extends for several kilometres. • Exploration activities continued at the KSB project with drilling and boulder sampling highlighting scale and prospectivity. • Final results returned from the KSB South diamond drilling campaign including K8, K10 and K12. • Mineralisation at the K8 Prospect extended along strike. o 3.1m @ 6.1g/t Au & 0.06% Co from 41.8m (L66K8DD011) o 3.2m @ 1.3g/t Au from 25m (L66K8DD015) o 1.0 m @ 0.99 g/t Au from 59.3 m (L66K8DD008) o Downhole electromagnetic survey highlights additional extension potential. o Mineralised trend open to the east and west, coincident with magnetic anomalies. • Elevated #gold, #copper and #cobalt values from the K10 and K12 prospects. • Historic exploration data identifies 1km long boulder anomaly at K6E with previous results including: o 490.0 g/t Au & 0.07% Co (OUT20020) o 53.7 g/t Au & 0.05% Co (OUT20049) o 32.0 g/t Au & 0.09% Co (OUT20018) • Results from recently completed boulder sampling confirm the potential at K6W, returning significant gold-copper-cobalt assays: o 8.8g/t Au & 0.6% Cu (24TK0001) o 3.7g/t Au & 0.04% Cu (24TK0002) o 2.2g/t Au & 0.1% Cu (24TK0003) • Follow up drill campaign to be developed on the back of the excellent exploration results from K6 and pending results from the structural geological review #LAT Managing Director, Grant Coyle, commented: “Results from Lat66’s recent multi-phased exploration activities, including drilling, boulder sampling and downhole EM surveys, across a number of Prospect areas highlight the potential prospectivity to expand the existing mineral resource base within the broader KSB Project. “The exceptional results from the K6 Prospect will enable us to develop a further drill campaign in the K North area which importantly is in close proximity to the established resource at the KSB Project. The K6 drilling will add to the planned drilling at K1 on the back of the structural geological review results which are expected in the coming weeks. “Lat66 is committed to advancing the KSB Project towards development with the Scoping Study now underway planned for completion in Q1 next year. We look forward to releasing the Scoping Study results and continuing follow up exploration activities to unlock the full potential of the Project.” See the full announcement: https://loom.ly/SgGsCIo #Latitude66 #ASX #MiningNews #FinlandMining

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