Latitude 66 (ASX:LAT) completed its maiden reverse circulation drilling program at the KSB North project in Finland, drilling 12 vertical holes, totaling 315 meters, according to a Monday filing with the Australian bourse.
The program tested combined geophysical and geochemical targets, including surface boulders at the K6E and K6W prospects, and intersected disseminated sulfides, the filing said.
Samples have been sent to the laboratory for assaying, with results expected within six weeks, according to the filing.
Shares were down 7% in midday trade Monday.