Open Mineralised Zones at Hillgrove Pose Both Opportunity and Operational Challenge

Exploration Success at Clarks Gully

Larvotto Resources Limited (ASX, LRV) has released compelling results from its recent diamond drilling program at the Clarks Gully prospect, part of its 100% owned Hillgrove Antimony-Gold Project in New South Wales. The drilling campaign, conducted in late 2025, has reinforced the continuity of high-grade antimony and gold mineralisation both at depth and along strike, while also identifying significant tungsten mineralisation associated with these lodes.

Key intercepts include a standout 6.4 metres grading 12.92 grams per tonne gold equivalent (AuEq) from 208 metres depth, and a remarkable 1.6 metres at 22.81 g/t AuEq within the same hole. These results not only confirm the presence of rich mineralisation but also suggest the system remains open for further expansion, particularly to the north where a resistivity anomaly was successfully targeted.

Validating Geophysical Targeting and Discovering New Zones

Drill hole CLG127 was designed to test an untested resistivity anomaly north of the main mineralised zone. The successful intersection of high-grade antimony-gold and tungsten mineralisation here validates Larvotto’s geophysical targeting approach, a crucial step in efficient resource delineation. Moreover, drill hole CLG126 intercepted a potential new parallel lode in the footwall of the main mineralisation, grading 3.6 metres at 8.74 g/t AuEq, highlighting additional near-mine growth potential.

These findings are significant as they suggest the existing open pit design does not yet incorporate much of the new mineralisation, particularly the deeper and parallel zones. With a shift to dry stacking tailings, Larvotto plans to mine much of Clarks Gully underground, aiming to reduce the operational footprint and improve mining efficiency.

Broader Exploration Strategy and Future Outlook

Beyond Clarks Gully, Larvotto is actively drilling across its Hillgrove project, including the Metz and Freehold areas, with four diamond rigs currently operational. These programs focus on expanding known mineralised systems and testing extensions beneath historical workings, with the goal of growing the resource base and identifying new mineralised splays that could feed existing underground infrastructure.

Managing Director Ron Heeks emphasised the importance of these results, noting that the drilling has enhanced geological understanding and confirmed the potential for resource growth. The company plans further drilling in 2026 to test the open extensions to the north and south, as well as the newly identified parallel lode, underscoring Larvotto’s commitment to advancing the Hillgrove project.

With gold, antimony, and tungsten prices factored into their metal equivalency calculations, Larvotto’s approach reflects a realistic assessment of recoverable and saleable metals, positioning the company well within the critical minerals sector. The detailed JORC-compliant reporting and rigorous QAQC procedures lend credibility to these promising exploration results.