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DiscovEx Resources Limited ( (AU:LAT) ) has shared an announcement.
Latitude 66 Limited has announced significant progress in the Scoping Study for its KSB Project in northern Finland, aiming to define a project for gold and cobalt production based on existing JORC Mineral Resources. The study, conducted by leading Australian and Finnish consultants, is on track for completion in Q1 2025. Key components such as metallurgy and mine design have been completed, and high-grade intersections from the K2 deposit have been identified, indicating potential for scale-up and resource expansion. The study’s completion may strengthen Lat66’s industry positioning and offer further upside potential for its stakeholders.
More about DiscovEx Resources Limited
Latitude 66 Limited, trading as Lat66, is a resource exploration company focusing on the development of gold and cobalt projects. The company’s flagship project is the KSB Project located in northern Finland, which encompasses the K1, K2, and K3 deposits. Lat66 is dedicated to expanding its mineral resources and optimizing its exploration efforts.
YTD Price Performance: 2.63%
Average Trading Volume: 295,020
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.97M
See more insights into LAT stock on TipRanks’ Stock Analysis page.
