Metz Drilling Yields 31.5m at 4.35 g/t AuEq Including 36.77 g/t AuEq Intercept
Larvotto Resources has reported robust diamond drilling results at its Metz Mining Centre, revealing wide zones of gold, antimony, and tungsten mineralisation that promise to boost the Hillgrove project’s resource base.
- Strong multi-commodity mineralisation confirmed at Metz Mining Centre
- High-grade gold-antimony intercepts extend Blacklode system westward
- Significant tungsten mineralisation enhances economic potential
- Resource and Reserve upgrade planned incorporating latest drilling
- Ongoing underground and surface drilling targeting resource growth
Drilling Success at Metz Mining Centre
Larvotto Resources Limited (ASX:LRV) has delivered another compelling update from its Hillgrove Antimony-Gold Project in New South Wales, with diamond drilling at the Metz Mining Centre returning wide and consistent zones of gold, antimony, and tungsten mineralisation. The latest assays from drill holes BLK109 and BLK110 highlight high-grade intercepts, including 1.4 metres at 21.8 grams per tonne gold equivalent (AuEq) and a remarkable 31.5 metres at 4.35 g/t AuEq, confirming the continuity of mineralisation along the Blacklode structure.
These results extend the western reach of the Metz system, an area already recognised for its underground mining potential. The presence of tungsten, a critical mineral, alongside gold and antimony, adds a valuable dimension to the project’s economics, reflecting Larvotto’s strategic focus on diversifying its commodity exposure.
Strategic Exploration and Resource Growth
The drilling program is part of a broader resource and reserve upgrade planned for Metz, with Larvotto concurrently advancing underground drilling to further define the mineralised zones. The company is targeting key structural intersections where the Blacklode and Syndicate systems converge with splays such as Midas Gully, aiming to delineate additional parallel mineralised structures that could significantly expand the resource base.
Managing Director Ron Heeks emphasised the encouraging nature of the results, noting that the multi-commodity character of the Blacklode system and the high-grade tungsten intercepts underscore the exploration upside. The ongoing drilling campaign is designed to test priority targets beneath historic workings and adjacent to previous mining, which could unlock new mineable material and extend the life of the Metz Mining Centre.
Broader Hillgrove Exploration Momentum
Beyond Metz, Larvotto is actively drilling across multiple Hillgrove mining centres, including Clarks Gully, Freehold, and Garibaldi. The company operates four diamond drill rigs, reflecting a robust exploration effort aimed at both resource definition and discovery. At Garibaldi, resource definition drilling is nearing completion for a proposed open pit, while at Clarks Gully, deeper drilling has resumed to test extensions at depth and newly identified footwall mineralisation.
This integrated exploration approach aligns with Larvotto’s strategy to systematically grow its resource inventory and enhance project economics through the addition of critical minerals like tungsten alongside gold and antimony.
Technical Rigor and Future Outlook
The reported drill results are supported by rigorous sampling, assaying, and quality control procedures consistent with industry standards and the JORC Code. The company employs metal equivalency calculations based on current commodity prices and recovery rates, ensuring transparent and meaningful reporting of multi-commodity intercepts.
Looking ahead, Larvotto plans further step-out drilling at Metz to test strike extensions and priority targets, alongside ongoing programs at other Hillgrove prospects. These efforts are expected to feed into an updated Mineral Resource and Ore Reserve statement, which will be closely watched by investors seeking to gauge the project’s evolving value.
Bottom Line?
Larvotto’s latest drilling at Metz not only confirms high-grade multi-commodity mineralisation but also sets the stage for a resource upgrade that could reshape the Hillgrove project’s economic outlook.
Questions in the middle?
- How will the inclusion of tungsten impact the overall valuation and development strategy at Hillgrove?
- What timelines can investors expect for the completion and release of the updated Resource and Reserve estimates?
- To what extent can the exploration success at Metz be replicated at other Hillgrove mining centres?
