# LAT: Drilling Commences at KSB Project, Targeting Resource Growth Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151949 Publisher: asx Original announcement: 2026-10-13T21:20:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T22:28:21.293Z Atlas analysis updated: 2026-10-13T22:28:21.293Z - Company: Latitude 66 Limited - Ticker: LAT - Exchange: ASX - Region: Finland - Primary commodity: Gold - Secondary commodities: Cobalt - Document categories: Other, Resource update, Drill results - Extracted: 2026-10-13 22:28:21 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Latitude 66 Limited has commenced a 2,500m diamond drilling program at its KSB Gold-Cobalt Project in Finland, targeting large-scale resource growth opportunities near the K1 gold-cobalt deposit. The program aims to test high-priority targets supported by geological, structural, geophysical, and historical drilling data, with the potential to materially expand the existing 7.3Mt @ 2.7g/t Au and 0.08% Co Mineral Resource. This drilling is a key part of the company's broader strategy to grow its gold inventory and advance development opportunities alongside the KSB Prefeasibility Study. Reasoning: A significant diamond drilling program has commenced at the KSB Gold-Cobalt Project, targeting substantial resource growth to support the ongoing PFS, but no new assay results are available in this release. The resource estimates presented are historical. - Positive factor: Drilling program commenced - Positive factor: High-priority targets identified with multiple supporting datasets - Positive factor: Potential for material resource expansion - Positive factor: Program linked to Prefeasibility Study \(PFS\) - Positive factor: Competent Person's Statement for Exploration Results and Mineral Resources - Negative factor: No new drill results reported in this announcement - Negative factor: Resource estimates are historical \(from April 2024\) Facts used in scoring: 17 ## Classification and evidence **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The resource estimates are referenced from an ASX announcement dated April 26, 2024, making them over two years old relative to the current announcement date of October 14, 2026. Evidence · text > DCX ASX Announcement 26 Apr 2024 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The resource estimates are presented under a 'JORC Mineral Resource Statement' and the Competent Person's Statement refers to the '2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(the “JORC Code”\).' Evidence · text > KSB Project - JORC Mineral Resource Statement **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The announcement includes a Competent Person's Statement for both Mineral Resources \(Mr Brian Wolfe\) and Exploration Results \(Mr Toby Wellman\), indicating sign-off by qualified professionals. Evidence · text > Competent Person's Statement **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: Several resource categories are classified as 'Inferred', which is a speculative category with limited drilling and assumed geological continuity. Evidence · table > Inferred Context: 1200 **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: A significant portion of the KSB and Laverton resources are classified as 'Indicated', indicating reasonable geological confidence based on adequate drilling. Evidence · table > Indicated Context: 4600 **Step-Out Extension** Polarity: positive Story-specific tag Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling program is designed to 'test large-scale resource extension targets immediately proximal to the K1 gold-cobalt deposit' and 'beyond the existing K1 Resource envelope'. Evidence · text > Drilling will test large-scale resource extension targets immediately proximal to the K1 gold-cobalt deposit **Apparent Width Only** Polarity: negative Story-specific tag Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The historical drill results are reported as downhole lengths \(e.g., '5.6m @ 7.3g/t Au'\) without any mention of true width or drill orientation. Evidence · text > 5.6m @ 7.3g/t Au ## Extracted facts Stored fact records: 17. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-drill-facts-16) KSB · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: finland - Ticker: LAT #### Geometry - Grade: 2.6 - Grade Unit: g/t - Intercept: 3.5 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is a good historical gold intercept, providing support for the current drilling targets, but it is not a new result and true width is not stated. - Positive factor: QP/CP Signed - Negative factor: Historical result - Negative factor: Apparent Width Only Evidence · text > 3.5m @ 2.6g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (16) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-0) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:2349f893b10b9c7c9e8e - Deposit or zone: K1 #### Resource Data - Category: indicated - Tonnes: 4600000 - Grade: 2.9 - Grade Unit: g/t - Contained Metal: 430000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is a substantial indicated gold resource for the K1 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 2.9 Context: 4,600 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-1) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:2349f893b10b9c7c9e8e - Deposit or zone: K1 #### Resource Data - Category: indicated - Tonnes: 4600000 - Grade: 0.1 - Grade Unit: % - Contained Metal: 4440 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is a substantial indicated cobalt resource for the K1 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 0.10 Context: 4,600 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-2) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:44070f53e3874eefb28d - Deposit or zone: K1 #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 2.1 - Grade Unit: g/t - Contained Metal: 80000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred gold resource for the K1 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 2.1 Context: 1,200 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-3) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:44070f53e3874eefb28d - Deposit or zone: K1 #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 0.05 - Grade Unit: % - Contained Metal: 570 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred cobalt resource for the K1 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 0.05 Context: 1,200 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-4) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:5ff9476907260a121bb3 - Deposit or zone: K2 #### Resource Data - Category: indicated - Tonnes: 960000 - Grade: 3.2 - Grade Unit: g/t - Contained Metal: 100000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated gold resource for the K2 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 3.2 Context: 960 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-5) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:5ff9476907260a121bb3 - Deposit or zone: K2 #### Resource Data - Category: indicated - Tonnes: 960000 - Grade: 0.05 - Grade Unit: % - Contained Metal: 500 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated cobalt resource for the K2 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 0.05 Context: 960 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-6) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:56ddada2c55bffa3a770 - Deposit or zone: K2 #### Resource Data - Category: inferred - Tonnes: 90000 - Grade: 1.7 - Grade Unit: g/t - Contained Metal: 5000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred gold resource for the K2 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 1.7 Context: 90 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-7) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:56ddada2c55bffa3a770 - Deposit or zone: K2 #### Resource Data - Category: inferred - Tonnes: 90000 - Grade: 0.05 - Grade Unit: % - Contained Metal: 50 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred cobalt resource for the K2 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 0.05 Context: 90 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-8) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:4b1515520af92c0cda8e - Deposit or zone: K3 #### Resource Data - Category: indicated - Tonnes: 340000 - Grade: 2.2 - Grade Unit: g/t - Contained Metal: 24000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated gold resource for the K3 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 2.2 Context: 340 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-9) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:4b1515520af92c0cda8e - Deposit or zone: K3 #### Resource Data - Category: indicated - Tonnes: 340000 - Grade: 0.06 - Grade Unit: % - Contained Metal: 210 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated cobalt resource for the K3 deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 0.06 Context: 340 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-10) KSB · gold Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:23ecd38136eaecc3b011 - Deposit or zone: K3 #### Resource Data - Category: inferred - Tonnes: 120000 - Grade: 2 - Grade Unit: g/t - Contained Metal: 8000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred gold resource for the K3 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 2.0 Context: 120 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-11) KSB · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: KSB - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:23ecd38136eaecc3b011 - Deposit or zone: K3 #### Resource Data - Category: inferred - Tonnes: 120000 - Grade: 0.06 - Grade Unit: % - Contained Metal: 70 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred cobalt resource for the K3 deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 0.06 Context: 120 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-12) Laverton Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Laverton Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:1480f2ca9208c2581530 - Deposit or zone: Tin Dog #### Resource Data - Category: indicated - Tonnes: 3880000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 118000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated gold resource for the Tin Dog deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 1.0 Context: 3,880 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-13) Laverton Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Laverton Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:92b27012c231bf29e85c - Deposit or zone: Tin Dog #### Resource Data - Category: inferred - Tonnes: 6110000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 180000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred gold resource for the Tin Dog deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 1.0 Context: 6,110 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-14) Laverton Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Laverton Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:6144178873340bc611b5 - Deposit or zone: Red Dog #### Resource Data - Category: indicated - Tonnes: 350000 - Grade: 1.5 - Grade Unit: g/t - Contained Metal: 17000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an indicated gold resource for the Red Dog deposit, but it is a historical estimate. - Positive factor: Indicated Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Estimate Evidence · table > 1.5 Context: 350 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lat-drilling-commences-at-ksb-project-targeting-resource-growth--f7889b6d-4cab-46e4-9525-bfee2f470344#fact-resource-facts-15) Laverton Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Laverton Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LAT #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr Brian Wolfe - Resource group id: resource:3bb0a9e02b7859d8c94e - Deposit or zone: Red Dog #### Resource Data - Category: inferred - Tonnes: 360000 - Grade: 1.2 - Grade Unit: g/t - Contained Metal: 14000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-04-26T00:00:00.000Z #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: This is an inferred gold resource for the Red Dog deposit, which is a historical estimate. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Inferred Resource - Negative factor: Stale Estimate Evidence · table > 1.2 Context: 360 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.