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Latitude Field Work Confirms Gold Potential at Circle Valley Gold Project
HIGHLIGHTS
Latitude’s first field visit reinforces strong early‐stage gold exploration potential at Circle Valley Gold Project located along the Albany‐Fraser Mobile Belt in WA
Initial geological reconnaissance locates new outcrops of quartz veined and deformed basement rocks ‐ auger geochemical sampling to commence in coming weeks
Two promising bedrock gold occurrences in historic recce drilling1, each with multiple kilometres of unexplored strike ‐ remainder of project completely unexplored below transported cover ‐ compelling structural targets throughout Project area
Bedrock exploration will be led by aircore drilling, to commence as soon as access allows
Exploration will run concurrently with work on Skye Gold Project2 in the Gawler Craton – Option and due diligence currently underway
Previous gold exploration along the western edge of the Albany Fraser Mobile Belt has resulted in the discovery and development of the multi‐million ounce Tropicana gold mine
Skye Gold Project offers excellent exploration potential with multiple greenfield targets along strike from large‐scale gold systems in million‐ounce gold terrain, and near Marmota Limited’s (ASX: MEU) Aurora Tank ‘Goshawk Zone’ discovery
Latitude to focus on high‐impact Australian gold exploration and withdraw from Zimbabwe projects and activity