Latitude Minerals LTU.V Message Board

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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: Spiney who started this subject	12/5/2000 11:05:55 AM
From: bcjt	of 366

LATITUDE MINERALS CORP. latitudeminerals.com Tel. (416) 762-8995 Fax: (509) 536-6442 PHASE III DRILLING UNDERWAY AT THE PAN GOLD DEPOSIT, NV ******************************************************* Spokane, Washington, December 5, 2000; Latitude Minerals Corp. (LTU.CDNX) Drilling is underway at the Company¹s Pan gold deposit, located on the Battle Mountain-Eureka gold trend in eastern Nevada. The initial phase of the program will consist of 15-20 holes (5,000 feet). The reverse circulation drilling program, which is scheduled to last about three weeks, will explore feeder structures along the 3.5 mile-long mineralized trend containing the North and South Pan deposits. The program will also explore the new Middle Pan gold target, containing intersecting structures identified during recent geologic mapping in areas where shallow gold mineralization was discovered during the Phase I drilling program. Plans are to drill a number of shallow holes at Middle Pan and conduct follow-up drilling in areas of know mineralization at North and South Pan to find higher-grade structures and feeders. Latitude is also currently investigating a high-grade underground gold deposit in Oregon that may have the potential to become a small-scale gold producing operation. Property details will be released should the Company elect to pick-up the option on the property. A decision on the acquisition of the property will be made after the Company completes a thorough due diligence program. Latitude Minerals Corp. is a junior exploration company engaged in exploring and developing advanced-stage gold deposits in the western United States. 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. On Behalf of the Board John R. Carden, Ph. D. President Latitude Minerals Corp. --- LATITUDE MINERALS CORP. Norman Eyolfson Investor Relations 416.762.8995 latitudeminerals.com info@latitudeminerals.com

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