Hillgrove Drilling Yields 30m at 3.29 g/t AuEq and 5.4m at 11.99 g/t AuEq
Larvotto Resources reports strong high-grade gold and antimony intercepts from its Eleanora-Garibaldi drilling program, setting the stage for a Mineral Resource and Reserve update at its Hillgrove project in NSW.
- Significant high-grade gold equivalent intercepts at Eleanora-Garibaldi
- Completed ~11,200m diamond drilling program near Hillgrove processing plant
- Current Mineral Resource at Garibaldi, 2.7Mt @ 6.6 g/t AuEq for 396koz gold and 19kt antimony
- Plans for resource and reserve upgrade incorporating new drilling results
- Ongoing exploration at Metz, Freehold, and Clarks Gully targets
Strong Drilling Results Reinforce Hillgrove Potential
Larvotto Resources Limited (ASX, LRV) has announced encouraging results from its recent diamond drilling campaign at the Eleanora-Garibaldi area within the Hillgrove Antimony-Gold Project in New South Wales. The program, which wrapped up after approximately 11,200 metres of drilling, delivered multiple high-grade gold equivalent intercepts, underscoring the prospectivity of this historically mined region.
Notable intercepts include 30 metres at 3.29 g/t AuEq from 104 metres depth, including a higher-grade 4.1 metres at 8.42 g/t AuEq, and an impressive 5.4 metres at 11.99 g/t AuEq from 151.6 metres. These results highlight the presence of significant mineralisation adjacent to historic workings and below the current resource base.
Resource Upgrade on the Horizon
The Eleanora-Garibaldi deposit currently holds a Mineral Resource of 2.7 million tonnes grading 6.6 g/t AuEq, equating to approximately 396,000 ounces of gold and 19,000 tonnes of antimony. Larvotto plans to incorporate the new drilling data into an updated Mineral Resource and Reserve estimate, anticipated to provide a clearer picture of the deposit’s scale and grade continuity.
Managing Director Ron Heeks expressed optimism about the drilling outcomes, noting that the program’s success is expected to maintain strong momentum through the remainder of 2025. The company is particularly focused on delineating remnant mineralisation in the upper parts of the deposit and extending the resource at depth, with additional underground drilling planned to test the north-western extents of the zone.
Broader Exploration and Strategic Focus
Beyond Eleanora-Garibaldi, Larvotto continues to advance exploration at other promising targets within the Hillgrove project area, including Metz, Freehold, and Clarks Gully. The company has deployed four diamond drill rigs on site, targeting structural intersections and extensions beneath historical workings to expand the resource footprint.
Larvotto’s approach combines rigorous sampling protocols, quality assurance and control measures, and oversight by competent industry professionals to ensure the reliability of its exploration data. This disciplined methodology supports the company’s strategy to transition from resource definition to near-mine resource growth and ultimately project development.
Looking Ahead
As Larvotto integrates these latest results into its resource models and continues its exploration momentum, the market will be watching closely for the forthcoming Mineral Resource and Reserve updates. These will be critical in assessing the Hillgrove project’s economic potential and Larvotto’s pathway toward production.
Bottom Line?
Larvotto’s high-grade drilling success at Hillgrove sets a promising stage for resource growth and project advancement.
Questions in the middle?
- How will the updated Mineral Resource and Reserve estimates impact project economics?
- What are the timelines and expected scale for underground drilling at Eleanora-Garibaldi?
- How might exploration results from Metz, Freehold, and Clarks Gully influence Larvotto’s overall portfolio strategy?
