Latitude 66 Limited · ASX:LAT
Latitude 66 — Company Update Webinar (July 2024)
23 slides from Latitude 66's conference presentation, July 2024
Slide 1: Company Update Webinar Presentation
July 2024 Company Update Webinar Presentation ASX:LAT
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation has been prepared by Latitude66 Limited ("Company") in connection with providing general and background information on the Company. This presentation should not be relied upon as a representation of any matter that an advisor or potential investor should consi
Slide 3: Diversified precious and critical minerals company
Diversified precious and critical minerals company With 6 development and exploration projects providing exposure to gold and critical minerals in safe mining jurisdictions in Finland and Australia Gold & Cobalt Targeting Advancing towards Near Term Copper Joint 3 Project - Finland Net Zero Developm
Slide 4: Balanced portfolio in Tier 1 jurisdictions
Balanced portfolio in Tier 1 jurisdictions Exposure to Gold and Critical Minerals in two of the best mining jurisdictions KSB Greater Duchess JV • JORC Mineral Resource: KSB Project, • 17.5% free-carried interest • 650koz Au & 5,840t Co1 Finland Office • Copper mineral resources in the Mt Isa Copper
Slide 5: Corporate Snapshot
Corporate Snapshot LAT $25.8m ASX Code Market Cap 178m $20.3m Shares on Issue Enterprise Value 5 $0.145 2.5m Share Price (8 July) Unlisted Options $5.5m 16.5m Cash Performance Rights
Slide 6: Experienced Board of Directors
Experienced Board of Directors Thomas Hoyer Grant Coyle Toby Wellman Heath Hellewell Prof Steffen Hagemann 6 Non-Executive Chairman Managing Director Technical Director Non-Executive Director Non-Executive Director Various CEO / Director roles Resource executive with over Geologist with 23 years glo
Slide 7: Lat66 Quality Project Portfolio
Lat66 Quality Project Portfolio Significant land holding in Northern Finland 4 greenstone belts providing exposure to gold and critical mineral projects KSB Camp scale potential across the KSB Project with an existing high-grade gold and cobalt JORC Mineral Resource1 Short term focus is on testing h
Slide 8: Positioned to benefit from EU Critical Raw Material Act
Positioned to benefit from EU Critical Raw Material Act Cobalt has been identified as a Strategic Mineral under the EU Critical Raw Material Act In March 2024, the European Union Council gave its final approval for the Critical Raw Material Act1 8 European Critical Raw Materials Act 10% of EU’s mate
Slide 9: Finland has the right geology
Finland has the right geology Gold Orogenic gold, IOCG, massive-sulfide hosted gold, paleoplacer mineral systems present Immature and underexplored greenstone belts – Two world-class deposits discovered to date: Kitillä (~6.3Moz Au)1 – Agnico Eagle Mines Limited Ikkari (~4.2Moz Au)2 – Rupert Resourc
Slide 10: KSB Project – poised to grow
KSB Project – poised to grow • K North JORC compliant resources of 650,000oz Au (7.3Mt @ 2.7g/t) and 5,840t Co (@ 0.08%)1 K Camp Progressing towards a material mining centre with multiple resource positions all open at depth and along strike K North N • K South K Multiple well-defined mineralisation
Slide 11: K1 – excellent grade from surface
K1 – excellent grade from surface • 470m strike-length (open NW and SE) K1 Mineral Resource1 • Mineralisation from surface to over 450m depth (open down dip/plunge) • Multiple untested EM plates down dip/plunge and along strike from existing mineralisation • Au and Co associated with intense hydroth
Slide 12: K South fast route to adding resource inventory
K South fast route to adding resource inventory Recent successes demonstrate the near surface gold and cobalt potential of the camp1 K8 Target K9 TARGET - High Grade Au-Co Potential 13.45m @ 6.25g/t Au & 0.18% Co from 21.1m (L66K9DD008) 13.8m @ 3.56g/t Au & 0.04% Co from 62.7m (L66K9DD008) 22.4m @ 2
Slide 13: K9 – continuing to deliver
K9 – continuing to deliver Recent results guide potential for shallow gold & cobalt resource 13 (1) Refer to announcement on 8/7/2024
Slide 14: PSB Project
PSB Project Regional upside Gold and Copper potential Field reconnaissance (boulder sampling) identified several highly anomalous target areas 14 (1) Refer to Prospectus announced by DCX on 26/4/2024
Slide 15: Unlocking the Potential at KSB
Unlocking the Potential at KSB Extension Drilling Pre-Feasibility Study Maiden Inferred Extension and infill drilling CY 2024 - Qtr 2 & 3 CY 2024 - Qtr 3 Resource (K9) and CY 2024 - Qtr 4 Increase global K12, K13, Resource including K8, K7 K1, K2, K3 K1, K2, K3, Commencement of PFS K1, K2, K3, K6, 1
Slide 16: QLD – Greater Duchess JV
QLD – Greater Duchess JV • Joint Venture with Carnaby Resources (ASX: CNB). DCX has 17.5% free-carried interest on certain licences until a Decision to Mine • Exploration upside at Lady Fanny North, Lady Vampire, Shamrock • Carnaby Resources is releasing a Scoping Study in Q2 2024 • DCX attributable
Slide 17: WA – Sylvania
WA – Sylvania • Multi-commodity potential • Gold, base metals, iron ore • Historical exploration focused on base metals potential along Prairie Downs Fault • Option with Rio Tinto over Iron Ore prospects • Existing mineral resource defined • Prairie Downs: 2.98Mt @ 4.9% Zn and 1.6% Pb4 17 • Multiple
Slide 18: Why Invest?
Why Invest? Diversified precious and Safe Mining Advancing towards critical minerals company Jurisdictions Development Project portfolio includes six Assets in Australia and Finland, Metallurgical results using development and exploration both safe mining jurisdictions conventional methods support p
Slide 19: Questions
Questions Type your questions at any time in the question 19 window on your GotoWebinar control panel and click “Send”
Slide 20: Thank you
Thank you Grant Coyle P +61 (0) 421 777 059 E grant@lat66.com Toby Wellman P +61 (0) 412 610 326 E toby@lat66.com
Slide 21: Appendix
““Latitude66 Appendix
Slide 22: Current Mineral Resources
Current Mineral Resources Table 1: K-camp gold mineral resource estimate (gold domain 0.5 g/t Au cut-off) K Camp Indicated Inferred Total Mineral Resource Au Co Au Co Au Co Cut-off Tonnes Gold Cobalt Tonnes Gold Cobalt Tonnes Gold Cobalt Deposit Domain grade grade grade grade grade grade (g/t Au) (M
Slide 23: Geological understanding / technical definition
Project portfolio Primary focus (KSB) Systematic, first principles approach has laid the foundation for many years of Gold and Cobalt exploration and operations • Advancement of K camp through feasibility to define near-term production opportunity • Improved definition of the connection of the Feasi