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Latitude 66 Advances Key Projects and Sells Non-Core Asset
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Latitude 66 Advances Key Projects and Sells Non-Core Asset

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The latest announcement is out from DiscovEx Resources Limited ( (AU:LAT) ).

Latitude 66 Limited has made significant progress in its Northern Finland mineral exploration portfolio, particularly with the commencement of a Scoping Study for its flagship KSB Project, aimed at expanding its gold and cobalt resources. The study, anticipated to complete in Q1 2025, highlights the company’s strategic focus on resource development and expansion. The company also realized value from its non-core Australian asset through the sale of the Sylvania Project. Additionally, the company is participating in a €5 million EU-funded research project and has made notable strides in exploration at its PSB Project in Finland, as well as the Greater Duchess JV in Australia.

More about DiscovEx Resources Limited

Latitude 66 Limited (ASX:LAT) is a company focused on mineral exploration and development, primarily in Northern Finland. The company is engaged in projects that target gold and cobalt resources, with a significant focus on the KSB Project in the Kuusamo Schist Belt. Additionally, Lat66 is involved in various exploration activities in Australia.

YTD Price Performance: 0%

Average Trading Volume: 208,074

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.79M

Learn more about LAT stock on TipRanks’ Stock Analysis page.

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