PHASE II DRILLING UNDERWAY AT THE PAN GOLD DEPOSIT, NV
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Spokane, Washington, April 27, 2000; Latitude Minerals Corp. (LTU.CDNX)
Site construction has been completed and the drilling program has commenced on the Pan gold project, located on the Battle Mountain-Eureka gold trend in eastern Nevada. The program will consist of 23 holes (8,000 feet) drilled to test several high-grade northeast trending cross structures identified during the Phase I Program. The reverse circulation drilling program, which is scheduled to last about a month, will explore for feeder structures that mineralized the 3.5 mile-long trend containing the North Pan and South Pan deposits. The program will also explore the new Middle Pan gold target, where shallow mineralization was discovered during the Phase I program. N.A. Degerstrom Inc. has requested that 3 "condemnation" holes be drilled in order to determine an area suitable for future mining infrastructure.
Upon completion of a successful program, the Company will schedule a Phase III drill program for summer 2000. The purpose of the drill program will be to bring Red Hill and the Pilot Ridge Pods to a point whereby a pre-feasibility study can be conducted.
N. A. Degerstrom, Inc. is an independent mining contractor headquartered in Spokane, Washington. NAD Inc. has a vast amount of experience in mining, metallurgy and mine construction.
Latitude Minerals Corp. is a junior exploration company engaged in exploring and developing advanced-stage gold deposits in the western United States. The principal focus of Latitude is precious metals but the company is also evaluating, on an ongoing basis, a number of opportunities that fall within the corporate view of advancing into PGE (Platinum Group Elements) and other strategic metals.
For more information:
Investor Relation: (416) 762-8995 or by visiting the Companyûs website at latitudeminerals.com
info@latitudeminerals.com
On Behalf of the Board
John R. Carden, Ph. D.
President
Latitude Minerals Corp.
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