Latitude 66 Limited · ASX:LAT
Latitude 66 — DiscovEx Resources — Investor Presentation (June 2022)
23 slides from Latitude 66's investor presentation, June 2022
Slide 1: Putting the Explore back into modern Exploration
Putting the Explore back into modern Exploration Investor Presentation| June 2022
Slide 2: Disclaimer
Disclaimer • Disclaimer • This presentation has been prepared by DiscovEx Resources 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 investo
Slide 3: Company Directors
Company Directors Experienced Board Experienced mining executive with 25 years experience, predominantly in Australia and West Africa. Heath joined Independence Group NL prior to the Company’s IPO and was part of the team that identified and acquired the Tropicana project. Heath Hellewell (Non-Execu
Slide 4: Corporate Snapshot
Corporate Snapshot (pre rights issue) ASX Code DCX Company Register Shares on Issue 2,568,664,076 -------------------------------------------------------------------------------------------------- Share Price (22/06/2022) $0.005 -----------------------------------------------------------------------
Slide 5: Company Strategy
Company Strategy Acquire large, project scale positions in under-explored terrains that have the potential to host discoveries. Team of committed, highly experienced exploration professionals. Track record of exploration success through discovery. Systematic and proven approach provides us with the
Slide 6: Investment Portfolio
Investment Portfolio Joint Venture and Royalty ownership Carnaby Resources (ASX:CNB) – DCX holds a 17.5% free carried interest to a decision to mine at the Greater Duchess Project a, inclusive of the high-grade Cu-Au Nil Desperandum discovery. Option Agreement with Rio Tinto (ASX:RTX) for exploratio
Slide 7: Investment Portfolio
Investment Portfolio Liquid equity positions (~$1.2M) Six Sigma Metals (ASX:SI6) – Gold exploration at Laverton, WA and nickel-copper exploration in Botswana. Dreadnought Resources (ASX:DRE) – Greenfields explorer throughout Western Australia. OreCorp Limited (ASX:ORR) – Nyanzaga Project. Resource s
Slide 8: Project Portfolio
Project Portfolio WA gold and base-metals projects Sylvania Project adjacent to Capricorn Metals (ASX: CMM) Karlawinda Project (Mineral Resource of 86.7Mt@0.8g/t Au for 2.1Mozc). Greenfields exploration potential at the Edjudina Project, located along strike from Fortitude (ASX:MAT – Mineral Resourc
Slide 9: Sylvania Project
Sylvania Project Underexplored with huge potential
Slide 10: Underexplored potential
Underexplored potential • A dominant ~2,500km2 land position proximal to the 2.1 Moz Karlawindac Deposit. • Large crustal-scale structure (fluid pathways). • Reactive host geology. • Multiple mineralization styles within Project • Lode gold; • Epithermal gold and base metals (Cu, Pb, Zn); • Detrital
Slide 11: Systematic Exploration - Magnetics
Systematic Exploration - Magnetics • Target Generation phase of workflow. • Project scale high-resolution magnetics. • 50m line spacing across the bulk of the tenure. • Multiple significant structures identified. • Large-scale Au and base metal targets. identified: • Untested buried greenstones (con
Slide 12: Systematic Exploration – Soil Geochem
Systematic Exploration – Soil Geochem • 8,434 samples collected over the past 12 months, generating multiple targets that are spatially associated with prospective structure: • Significant Au resultsg: • Hilditch – 502ppb (Fortescue volcanics) • Peak – 101ppb (Archaen greenstone) • Contact – 90.2ppb
Slide 13: Systematic Exploration - Gravity
Systematic Exploration - Gravity • Project scale gravity completedh. • Identification of a potential repetition of the Spearhole Greenstone (Kelpie Prospect). • Confirmation of multiple buried greenstones (Crossroads and Carney Prospects). • Interpreted continuation of the Prairie Down Fault Zone (P
Slide 14: Target Testing
Target Testing • Heritage survey complete, clearing target areas for maiden drill program: • Peak Prospect • Dingo Prospect • Bondinis Prospect • Carney Prospect • ~6,000m aircore program to begin in July. • Additional heritage surveys scheduled to clear the Contact, Kelpie and Crossroads Prospects.
Slide 15: Peak Prospect
Peak Prospect • Significant 2.5km long trend of gold in soil anomalism up to 101ppb Au (0.1g/t Au)g. • Anomaly coincident with underlying Archaen greenstone. • Likely to represent the continuation of the sediment sequence identified at the Contact Prospect. • Structurally complex fold hinge/dilation
Slide 16: Contact Prospect
Contact Prospect • Anomalous gold results up to 0.09g/t Au (quartz vein rock chip) within a ~3km long trend of anomalous gold in soil resultsg. • Three Au in soil anomalies +15ppb Au – each with a strike length of 400m each. • Coincident silver (Ag), antimony (Sb) and arsenic (As) anomalism. • Coinc
Slide 17: Prairie Downs Fault Zone – Base Metals
Prairie Downs Fault Zone – Base Metals • Anomalous Zn, Pb, Ba, Cu results defined along the PDFZ over a length of 10km, implies a large mineralised system. • Cu tenor increasing to the west (epithermal system?). • Large areas untested due to overlying cover (Tertiary/Proterozoic). • Existing JORC 20
Slide 18: Edjudina Project
Edjudina Project
Slide 19: Massive Potential - Genuine Targets
Massive Potential - Genuine Targets • Dominant regional land position (~815km2). • Over 50km strike of underexplored and prospective rocks – greenstones and gneiss. • Amenable to proven and inexpensive exploration methods – dirt in bags. • Hornet East and Hornet West, both identified by soil samplin
Slide 20: Spartan Prospect
Spartan Prospect • Located adjacent to the Hornet East and West Prospects. • 1.3km long +50ppb Au anomaly with a peak value of 101ppb (0.1g/t Au)j. • Within a 1.8km long +25ppb Au anomaly. • Open to the north-east. • Anomaly has never been tested with drilling. • Additional soil sampling at Spartan
Slide 21: Use of Funds
Use of Funds * Maximum funds raised of $2.94M
Slide 22: Appendix A - Resources
Appendix A - Resources Spearhole Table 2: Spearhole Inferred Resource (reported under JORC Code 2004) Previously released 18/01/2021 – “Transformational Gold and Base Metals Project Acquisition and Major Investor.” This information was prepared and first disclosed under the JORC Code 2004. It has no
Slide 23: THANK YOU
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DiscovEx Resources — Investor Presentation (June 2022) on 6ix