Larvotto Resources has reported strong drilling results extending high-grade gold and antimony mineralisation at its Hillgrove project in NSW, confirming continuity at Eleanora and Golden Gate prospects and initiating new exploration at Metz and Freehold.
- Thick, high-grade gold-antimony intercepts at Eleanora
- Multiple lodes showing continuity at Golden Gate
- Garibaldi deposit resource stands at 2.7 million tonnes at 6.6 g/t AuEq
- Exploration drilling started at Metz and Freehold targets
- Processing plant construction prompting shift in exploration focus
Strong Drilling Results at Eleanora
Larvotto Resources Limited (ASX – LRV) has released updated assay results from its ongoing diamond drilling program at the Hillgrove Gold-Antimony Project in New South Wales. The Eleanora prospect continues to deliver thick and high-grade gold-antimony intercepts, with standout results including 28.1 metres at 5.68 grams per tonne gold equivalent (AuEq) and 18.4 metres at 6.26 g/t AuEq. These results confirm the presence of robust mineralisation zones with significant widths and grades, reinforcing Eleanora’s potential as a key contributor to Hillgrove’s resource base.
Emerging Continuity at Golden Gate
At the nearby Golden Gate prospect, Larvotto’s drilling has identified multiple lodes with increasing continuity. Recent intercepts such as 5.8 metres at 4.91 g/t AuEq and 8.5 metres at 4.03 g/t AuEq demonstrate coherent mineralisation extending along strike. While no formal resource estimate has yet been calculated for Golden Gate, these encouraging results suggest it could add meaningful value to the project’s near-mine growth strategy.
Garibaldi Deposit Remains a Solid Foundation
The Garibaldi deposit, part of the Hillgrove project, holds a measured and indicated mineral resource of approximately 2.7 million tonnes grading 6.6 g/t AuEq, equating to nearly 400,000 ounces of gold and 19,000 tonnes of antimony. This resource underpins Larvotto’s development plans and provides a strong platform for ongoing exploration success in the district.
New Exploration Frontiers – Metz and Freehold
With drilling at Eleanora and Golden Gate nearing completion due to upcoming processing plant construction, Larvotto has commenced exploration at the Metz and Freehold targets. Metz drilling focuses on the intersection of key mineralised structures, aiming to unlock near-term resource additions. Meanwhile, Freehold, located 1.2 kilometres east of the Hillgrove plant, represents a historically significant zone now being tested for its resource potential. This dual approach balances immediate resource growth with longer-term district-scale exploration upside.
Operational Context and Outlook
Managing Director Ron Heeks acknowledged that assay turnaround times have been slower than expected but emphasised the team’s steady progress across multiple zones. The transition to new targets reflects a strategic pivot aligned with site access limitations imposed by the processing plant construction. Larvotto’s integrated approach aims to sustain momentum in resource growth while positioning Hillgrove for future development phases.
Bottom Line?
Larvotto’s latest drilling results reinforce Hillgrove’s growth potential as it pivots exploration toward new targets amid operational transitions.
Questions in the middle?
- How will assay delays impact the timing of updated resource estimates?
- What is the potential scale and grade of the Golden Gate prospect once fully evaluated?
- How might the processing plant construction affect ongoing and future exploration activities?