Larvotto’s Hillgrove Drilling Reveals Untapped Parallel Lodes, Raising Operational Stakes
Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.
- High-grade gold-antimony intercepts up to 111.27 g/t AuEq over 0.95m
- Approximately 9,200m drilled at Eleanora-Garibaldi with more results pending
- Encouraging early results from new Golden Gate prospect drilling
- Four diamond rigs active, targeting resource extension and definition
- Updated Mineral Resource Estimate planned to support upcoming mine planning
Strong Drill Results at Eleanora-Garibaldi
Larvotto Resources Limited has delivered a robust update from its Hillgrove Antimony-Gold Project in New South Wales, revealing thick, high-grade gold and antimony mineralisation from diamond drilling campaigns at the Eleanora-Garibaldi deposit. Notable intercepts include 4.1 metres at 28.08 grams per tonne gold equivalent (AuEq) starting at 119 metres depth, highlighted by a spectacular 0.95 metres grading 111.27 g/t AuEq. Other significant results include a 23.4-metre intercept at 8.97 g/t AuEq and a 26.4-metre interval at 2.11 g/t AuEq, underscoring the deposit’s rich mineral potential.
Expanding the Resource Footprint
The company has completed roughly 9,200 metres of drilling at Eleanora-Garibaldi since December 2024, progressing through three distinct phases aimed at extending known mineralisation and infilling gaps in the resource model. This drilling has not only confirmed down-dip extensions of mineralisation by 120 metres but also identified parallel lodes and mineralised selvedges that were previously unrecognised. These findings are crucial for increasing confidence in the block model and de-risking future mining operations.
Golden Gate, A New Frontier
In addition to Eleanora-Garibaldi, Larvotto has initiated exploratory drilling at the Golden Gate prospect, a historically mined area that has seen limited modern exploration. Early results are promising, with drill holes intersecting significant mineralisation, including 4 metres at 19.62 g/t AuEq from 199 metres. The presence of massive stibnite and visible gold veins in drill core photographs suggests strong potential for further discoveries in this near-mine corridor.
Strategic Drilling and Future Plans
With four diamond rigs currently operating on site, Larvotto is prioritising resource definition drilling ahead of planned construction at the processing plant and access roads. The company is also preparing an updated Mineral Resource Estimate incorporating the latest drilling results from Eleanora-Garibaldi and Bakers Creek to underpin mine planning. Complementary geophysical programs are in the pipeline to refine targeting of new mineralisation and assess depth potential.
Context and Outlook
Hillgrove’s mineralisation is structurally controlled within a shear corridor hosting orogenic-style gold and antimony deposits. Larvotto’s ongoing drilling is revealing a more complex and extensive mineral system than previously understood, with multiple high-grade zones and parallel lodes. This bodes well for the company’s development timeline and resource growth ambitions as it moves toward production ramp-up.
Bottom Line?
Larvotto’s latest drilling success at Hillgrove sets the stage for a resource upgrade that could reshape its mine development strategy.
Questions in the middle?
- How will the updated Mineral Resource Estimate impact Larvotto’s mine planning and production schedule?
- What is the potential scale and grade continuity of the newly identified parallel lodes at Eleanora-Garibaldi?
- How might ongoing drilling at Golden Gate influence Larvotto’s near-mine exploration focus and resource base?