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[BUSINESS] · Australia · 2 sources

Larvotto Resources reports high-grade drilling results at NSW mine

Larvotto Resources has reported high-grade gold, antimony, and tungsten intercepts from diamond drilling at the Metz Mining Centre, located within its Hillgrove Project in New South Wales, Australia.

The drilling results, which include a 20.5m intercept assaying 9.4g/t gold equivalent in the Blacklode structure, have expanded the mineralised footprint of the system. The discovery of the Echidna Lode provides a new target for further exploration.

Operationally, Larvotto has transitioned into commercial production as of late August, with the processing plant achieving its first flotation concentrate in September. The Hillgrove Project is positioned to potentially supply approximately 7 per cent of global antimony demand, accounting for over 50 per cent of critical mineral supply from sources outside of China-controlled fields. The company has established multi-year offtake agreements with Glencore and Wogen Resources.

Entities

Glencore · Hillgrove Project · Larvotto Resources · Ron Heeks · Wogen Resources