Hillgrove Mod 6 Approval Unlocks Larvotto’s Path to 500,000 tpa Capacity

Regulatory Green Light for Hillgrove

Larvotto Resources Limited has reached a pivotal milestone with the formal ratification from the New South Wales Department of Planning, Housing and Infrastructure (DPHI) for Modification 6 of its development application at the Hillgrove Antimony-Gold Mine. This approval is a critical regulatory hurdle cleared, allowing the company to proceed with mining and processing activities that had been awaiting this endorsement.

Managing Director Ron Heeks expressed optimism, highlighting that the approval not only validates Larvotto’s development strategy but also positions the company to confidently enter final-stage financing discussions. The nod from NSW authorities is a testament to the project’s alignment with regulatory expectations and environmental standards.

Advancing Toward Production

With this approval secured, Larvotto is gearing up for a restart of operations planned for late 2025, aiming for first production in 2026. The project’s focus on antimony and gold taps into strong market fundamentals, with antimony increasingly recognized for its strategic importance in industrial applications and technology sectors.

The approval also facilitates critical infrastructure upgrades and access to underground mining, essential steps to ramp up production capacity. Larvotto’s approach includes implementing longer-term environmental strategies, notably the transition to dry-stacked tailings; a safer and more sustainable method of tailings management that reduces environmental risks.

Environmental and Strategic Implications

Modification 6’s endorsement includes raising the tailings storage facility height, a prerequisite for adopting dry-stacked tailings. This environmental commitment aligns with growing investor and community expectations for responsible mining practices. It also positions Hillgrove as a modern operation balancing resource extraction with sustainability.

Meanwhile, Larvotto continues to progress Development Application Modification 5, which aims to increase processing capacity to 500,000 tonnes per annum, further underscoring the company’s growth ambitions at Hillgrove.

Looking Beyond Hillgrove

While Hillgrove remains the flagship project, Larvotto’s portfolio extends to other promising assets, including the Mt Isa copper, gold, and cobalt project in Queensland and the Eyre multi-metals and lithium project in Western Australia. The company’s experienced board and management team bring a blend of exploration expertise, corporate finance acumen, and environmental, social, and governance (ESG) focus to these ventures.

As Larvotto moves forward, the market will be watching closely how the company navigates final financing arrangements and executes its development plans amid evolving commodity markets and regulatory landscapes.