Larvotto geophysics finds new targets in NSW antimony-gold heartland
In December 2023, Larvotto Resources, who jumped forward, received a 254 -kilometer project for a $ 8 million bargaining, and now a new life is breathing.
The timing could not be better when antimony prices were almost doubled last year and hit the gold record levels. The company is sitting in the largest source of antimony in Australia, globally ranks eighth, and discovers to re -start the planned production in 2026.
Larvotto’s latest IP research in Freehold potential is the best example of its smart, low -cost approach.
Consultants fender geophysics, the company, 50-meter-ranked six 650m line 396 electrode location in an area of 16.5 hectares of an area of Gradan-Dizi IP and resistance research launched research.
The installation was set with 20m electrode separation and bilateral readings at 40m and 60m to deepen and improve future surveys.
The test work is based on a similar April 2025 program in Clarks Gully, 4.5 km north of the mineralization in Hillgrove Monzogranite, 4.5 km north of the mineral infrastructure, where different rechargeable and resistant signatures.
The purpose of the program, which was hosted in Metaasterds, was to map the extension of the mansion rocks, whether the mansion rocks affected geophysical signatures and, if possible, rich in sulfur -related, silica -modified structures.
In the proof of the resounding, the results show a strong correlation with the historical free work in which occasionally sporadic and limited past mining is reversed.
The notable anomalies contain a large resistance to 350m east of the old mineral studies that have never been drilled, and a smaller resistance and smaller resistance to the southwest of the old mine. Both anomalys are parallel to the trend of historical surface studies along the strike.
The high resistance high indicates possible silication that has been proven to be a reliable distinguishing feature of antimony-gold areas throughout Hillgrove.
Chargeabil also took the sulfur side of mineralization and showed that the IP/resistance index could be a low -cost tool to detect targets.
With the new targets in its landscapes, Larvotto immediately launched a discovery drilling to testing geophysical reactions in the context of historical mining and discovery data and to expand its current high -priced environment.
Ron Heeks, General Manager of Larvotto Resources said: “The Freehold survey emphasizes the potential of unknown and low -added mineralization of geophysics in Hillgrove. The perfect correlation between the high resistance high -resistance highly known and partly mined mineralization in Freehold is clear. This area has historical studies, but only a few drilling holes.”
Hillgrove mineral area and estimated discovery target, new, relatively simple and cheap geophysics, which have an equivalent of 670,000 to 1.08 million ounces per ton per ton, can be a way for the possible regional scale potential for the larger project area.
Larvotto plans to measure the Gradian sequence research on other priority areas such as Metz, following more drilling on new anomalies, and probably measure the depths to targets to add dipol-digpol IP for 3D modeling for 3D modeling.
In addition, Larvotto yesterday, last year from the government $ 388,662 R) AR -G tax incentive reduction announced. The useful cash infusion knows Metallurgical R & D in Hillgrove, which focuses on developing applicable recovery ways for gold and antimony in the TSF1 facility.
The test work shows that wastes are technically applicable and potentially increased metal output and historical waste storage water attitudes will reduce the footprints and increase environmental rehabilitation.
The road can be a smart move in a project with a Capex of $ 140 million, with gold equivalent production for eight years, supported by a bond of $ 105 million ($ 158 million).
Larvotto is moving with an impressive critical mineral asset portfolio from the high-grade antimony-gold Hillgrove to the MT ISA Copper-Gold-Cobalt game and the Eyre Multi-Metals-Llitium region near Norseman in Western Australia.
Blending research professionals, financiers and environmental, social and governance experts, led by a team, is about advancement of projects with real strategic fist.
For global antimony fluctuations – for everything from batteries to flame retardants – the revival of Hillgrove can position Larvotto as a key Western supplier.
With the production, which will begin in 2026, Hillgrove is preparing to become the largest antimony manufacturer of Australia, waiting to produce about 7 percent of global antimony requirements when global supply is tightened outside China and prioritizes Western governments for strategic supply chains.
Larvotto’s successful new geophysical search tools can easily expand the compelling story of the project when combined with the ongoing drilling.
Does your company on the ASX list do something interesting? Contact: Mattbirney@bullsnbears.com.au
