Lidoda Duvha needed a win against Thanda to narrow the gap at the top of the table but only managed to come away with a 1-1 to remain nine points behind Roger Sikhakhane's side.
Losciuto has improved Leopards' form since taking over late last year from Zimbabwean mentor Jairo Tapera, with the club looking on track to land a play-off spot come the end of the season.
With six games to go, the Limpopo-based outfit are hanging onto a short string of hope that their title rivals could succumb to a huge slip up in the run-in, as the Kwa-Zulu Natal-based outfit need just 10 more points from an available 18 to mathematically end the race.
The former Nigeria assistant coach was naturally disappointed to have to settle for a draw but remains confident they can still fight for automatic promotion.
"Six games left before we finish the league, I'll see the situation of my team [at the end]. Thanda are playing for the PSL [promotion] and it is a big lead now," admitted Losciuto after the match.
"But in football anything is possible and I believe in my players, we can finish [strong] but I don't know [which position], we'll see.
"I don't know what to tell you because I'm disappointed. I planned this game [against Thanda] to win, but we had five or six opportunities in the second half and I think the man of the match was the goalkeeper of Thanda [Xolani Ngcobo].
He added: "We played away but, when you watched this match, you could say it was a home game of Black Leopards.
"Overall I'm very disappointed about this point because I came here to win the match, but the man of the match, I repeat, was their goalkeeper, in my opinion."