Perth-based resources company Latitude Consolidated has submitted Program of Works (POW) applications with the Department of Mines and Petroleum for two of the most promising gold prospects at its Quinn’s and Mt Ida South project areas.
The company has also called for tenders from several drilling contractors to undertake the Reverse Circulation (RC) and Aircore (AC) drilling programmes comprising of up to 5,000m of drilling each.
“At Tim’s Find, drilling will target the newly discovered high-grade strike extensions (for a further 450m) and complete drilling to 60m vertical depth on existing 40m x 80m spaced sections. This is aimed at identifying high-grade positions,” Latitude said in a statement.
“At the Quinn’s Mining Centre (QMC), 3D modelling of the mineralisation and geology at both Boudie Rat and Forrest Belle Deposits has begun in order to assist with structural interpretation and drill planning. Drilling at QMC will be based on the outcome of these studies and there has been an allocation in the budget for these holes.”
Latitude also plans to lodge a POW for the Shephard’s Bush prospect in the coming week once this tenement is granted. The Shephard Bush prospect is located about 1,800m south of the Spotted Dog South resource with best historical intersections of 21m @1.38g/t Au from 28m and 34m @1.05 g/t Au from 54m.
Commenting on the company’s latest activities, CEO Michael Edwards said:
“Previous work has identified several strong targets and we want to pursue these quickly with extensive programs,” Mr Edwards said.
“As an exploration company, we are committed to aggressive drilling programs to maximise our chances of creating significant value for shareholders and that’s what this 10,000m program is aimed at.”