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Larvotto hits first ore milestone at Hillgrove as restart advances on schedule

Story Highlights
  • Larvotto has delivered first development ore from the Metz underground mine to Hillgrove stockpiles, with underground works and plant refurbishment progressing on time and budget toward August 2026 commissioning.
  • The Metz underground will provide the bulk of early ore feed, supporting forecast average production of about 85,710 gold-equivalent ounces annually and advancing Larvotto’s ambition to become Australia’s largest antimony producer.
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Larvotto hits first ore milestone at Hillgrove as restart advances on schedule

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Larvotto Resources Limited ( (AU:LRV) ) has provided an update.

Larvotto Resources has delivered the first development ore from the Metz underground mine to surface stockpiles at its Hillgrove Antimony-Gold Project, marking a key step toward restarting production. Underground development, including 170 metres of advance and rehabilitation of 1.9 kilometres of drives with 20,000 rock bolts installed, is progressing on time and budget alongside process plant refurbishment targeted for commissioning in August 2026.

The Metz underground will supply most of Hillgrove’s ore feed over the first 18 months, underpinning an expected average life-of-mine output of about 85,710 gold-equivalent ounces per year over eight years. Over the initial five years, the project is forecast to deliver higher production of around 92,112 gold-equivalent ounces annually, reinforcing Larvotto’s ambition to become Australia’s next major critical mineral and antimony producer and signalling a meaningful new supply source for antimony and gold markets.

More about Larvotto Resources Limited

Larvotto Resources Limited is an Australian exploration and development company focused on bringing the Hillgrove Antimony-Gold Project in New South Wales back into production. The company aims to position itself as a leading producer of critical minerals, targeting status as Australia’s largest antimony producer while also delivering significant gold output.

Average Trading Volume: 2,747,487

Technical Sentiment Signal: Buy

Current Market Cap: A$691.8M

See more data about LRV stock on TipRanks’ Stock Analysis page.

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