Larvotto Confirms Extensive High-Grade Gold-Antimony-Tungsten at Hillgrove

Midas Gully Emerges as Key Growth Zone at Metz

Larvotto Resources Limited (ASX:LRV) has unveiled compelling new drilling results from its Metz Mining Centre within the Hillgrove Gold-Antimony Project, cementing Midas Gully as a major high-grade extension. The Midas lode now boasts a strike length of over 700 metres and extends vertically beyond 350 metres, with mineralisation remaining open to the northwest and at depth. Notably, diamond drill hole BLK115 delivered standout intercepts including 13 metres at 8.56 grams per tonne gold equivalent (AuEq) from 253 metres, highlighted by a 1.2-metre section grading 34.53 g/t AuEq. This continuity of mineralisation directly adjacent to existing underground workings signals a near-mine growth opportunity with minimal new development required.

These results build on Larvotto’s recent successes at Metz, reinforcing the area’s status as the company’s immediate underground mining focus. The Midas lode is interpreted as the northern extension of the Syndicate Lode, with parallel Endurance mineralisation also intersected near surface. The structural corridor hosting these lodes remains underexplored, with historic workings but limited modern drilling, underscoring the potential for further resource expansion. Larvotto’s Managing Director Ron Heeks emphasised the significance of these findings in extending the Syndicate-Midas system and identifying new mineralised zones north of the Blacklode system, supported by geophysical data pointing to further strike extensions including the adjacent Coxes Reef. This adds a fresh dimension to Larvotto’s exploration pipeline within Hillgrove’s core mining area.

Advanced Core Scanning and Geophysics Accelerate Targeting

Larvotto’s integration of the ELEMISSION ECORE Laser Induced Breakdown Spectroscopy (LIBS) Scanner is proving pivotal in rapidly characterising mineralisation. The LIBS technology provides near real-time multi-element mineral maps, enabling precise targeting of assay intervals and reducing turnaround times from drilling to decision-making. Recent scans of drill holes BLK115, BLK117, and BLK118 confirm broad zones of stibnite-arsenopyrite-pyrite mineralisation associated with the Midas structure, aligning with the high-grade gold-antimony-tungsten assays. This mineralogical insight supports geological modelling and prioritises follow-up drilling.

Complementing the drilling and core analysis, a recently completed induced polarisation (IP) survey at Metz has delineated chargeability and resistivity anomalies coincident with known mineralised lodes and historic workings. One IP line identified a strong geophysical response along strike of the historic Coxes Reef, which remains open for further exploration. This geophysical signature corroborates mapped structures and provides additional confidence in Larvotto’s structural interpretations, highlighting new drill targets beyond previously tested zones. The successful application of IP at Metz follows a similar positive outcome at Larvotto’s Clarks Gully prospect, where geophysical data has also guided resource growth efforts.

Multiple Drill Rigs Driving Resource Growth Ahead of Production

Larvotto currently operates four diamond drill rigs across Hillgrove, including at Metz and Clarks Gully, advancing a multi-pronged resource growth strategy ahead of its planned mid-year production start. Drilling at Metz continues to focus on extending the Midas Lode, while regulatory approvals are progressing to test newly defined geophysical targets along the Coxes Lode trend. Concurrently, a review of tungsten potential is underway, with applications submitted to drill historic gold-antimony-tungsten workings at Curry’s Block, reflecting Larvotto’s intent to maximise the project’s multi-commodity value.

At Clarks Gully, drilling targets downdip and strike extensions following recent high-grade intercepts, further underpinning resource expansion efforts. These integrated exploration and development activities align with Larvotto’s broader Hillgrove strategy, which is on track to deliver critical antimony supply by mid-2026, building on recent progress including plant refurbishment and underground development milestones. The company’s use of advanced technologies and geophysical tools continues to sharpen targeting and accelerate resource definition, supporting a robust pipeline of high-quality drill targets across the project area.

Larvotto’s latest results and exploration approach echo its recent announcements of strong drilling success at Metz and ongoing Hillgrove development progress, reinforcing the project’s strategic importance in critical minerals supply. The combination of high-grade intercepts, structural continuity, and geophysical support presents a compelling case for continued resource growth and operational readiness in the near term.