Latitude 66 Limited

Promotional Strapline: Diversified Gold and Critical Minerals Company
Primary Ticker: LAT
Stage of Development: Exploration
Primary Minerals: Cobalt, Gold
Country / Region: Australia, Finland
Market Cap 36.35M
Website: Latitude 66 Limited

Latitude 66 has a portfolio of development and exploration projects providing exposure to gold and critical minerals in safe, tier-1 mining jurisdictions in Finland and Western Australia. The company is well-funded for immediate, high-impact activities across the project portfolio, including follow-up exploration drilling at the recently acquired Laverton Gold Project in WA plus permitting and advanced development studies for the KSB Project in Finland.

 

Management Profile:

Thomas Hoyer - Non-Executive Chairman

Various CEO / Director roles in mineral processing, mining and exploration, funds management, and sustainability consultancy. Former CEO of Afarak Group Oyj (LSE listed), operating mines and smelters in Europe and in Africa. 2016 Finnish National Award winner for Cultural Heritage.

Grant Coyle - Managing Director

Grant Coyle - Managing Director Resource executive with over 15 years’ experience in Senior Commercial roles, including Rio Tinto. Extensive experience in financial operations and commercial assessment of development and exploration projects across Greenfield and brownfield developments. Previously CFO at ASX-listed mining company.

Toby Wellman - Technical Director

Geologist with 23 years global multi-commodity experience across the complete mining cycle including exploration, resource development and mining. Previous roles include Exploration Manager for Mont Royal Resources, Senior Exploration roles at Boliden Minerals and Senior Development/Exploration roles at Doray Minerals.

Jeremy Read - Non-Executive Director

Jeremy Read is a seasoned minerals resource industry executive, having worked on a broad range of precious and base metals projects in Australia, Sweden, Finland, Norway, Africa, North America and India. He has extensive mineral exploration experience for nickel sulphides, copper and gold. Jeremy spent 11 years working for BHP in Africa and Australia, including several years as the Manager of BHP’s Australian Exploration Team. He has been the Managing Director of five ASX-listed resource companies including developing projects in Norway, Sweden and Finland.

Currently, Jeremy is Chairman of ASX listed Godolphin Resources Limited and is a Member of The Australasian Institute of Mining and Metallurgy (“AusIMM’”). Jeremy holds a Bachelor of Science (Geology) from the University of Tasmania.

Prof Steffen Hagemann - Technical Advisor

Mr Hagemann has been the Director of Geology at Lat66 for 6 years. Mr Hagemann is a Professor for Economic Geology and Director of the Centre for Exploration Targeting at the University of Western Australia.

33-year experience in economic geology specialising in the field of structural geology, hydrothermal alteration, and fluid chemistry of mainly gold, iron and copper deposits.

 

What are your key goals for the next 3, 6 and 12 months?

3 Months

Drilling at Laverton Gold Project WA, permitting & optimised scoping study for KSB Project Finland

6 Months

Ongoing exploration and development evaluation at Laverton Gold Project, and drilling and Prefeasibility Study for KSB Project Finland

12 Months

Advancing development activities for both Laverton Gold Project WA and KSB Project Finland

 

What do you think makes your company such a compelling investment?

Well-funded, active explorer and developer with projects in WA and Finland, two tier-1 jurisdictions. Tight capital structure and low market valuation provides leverage to exploration and development success.