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The latest announcement is out from Larvotto Resources Limited ( (AU:LRV) ).
Larvotto Resources has reported further strong drilling and surface sampling results from the Metz Mining Centre within its 100%-owned Hillgrove Antimony-Gold Project in New South Wales. The program, focused on the Midas Gully target, continues to confirm consistent high-grade gold, antimony and tungsten mineralisation directly accessible from existing underground development.
Recent drilling at Midas has extended the mineralised trend to more than 700 metres in strike and 350 metres vertically, with the system remaining open to the northwest and at depth. High-grade intercepts, including 13 metres at 8.56 grams per tonne gold equivalent from hole BLK115, underpin the potential for near-mine resource and reserve growth with minimal additional development.
Management highlighted that these results reinforce the Metz Mining Centre’s role as a key source of ore in the early years of production at Hillgrove. Geophysical surveys have also identified parallel gold-antimony-tungsten lodes, while multiple drill rigs are operating across Hillgrove as Larvotto plans infill and step-out drilling to test extensions beneath historic workings, supporting the company’s broader growth and production plans.
More about Larvotto Resources Limited
Larvotto Resources Limited is an Australian mineral exploration and development company focused on the Hillgrove Antimony-Gold Project in New South Wales. The company is advancing high-grade gold, antimony and tungsten deposits, with underground mining at the Metz Mining Centre forming a core part of its near-term production strategy.
Average Trading Volume: 3,018,088
Technical Sentiment Signal: Buy
Current Market Cap: A$647.8M
Learn more about LRV stock on TipRanks’ Stock Analysis page.