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Larvotto Resources Adopts Eco-Friendly Dry Stacking at Hillgrove Project

Story Highlights
  • Larvotto Resources focuses on mining antimony and gold to address supply deficits.
  • Hillgrove Project adopts dry stack tailings, enhancing environmental and operational efficiency.
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Larvotto Resources Adopts Eco-Friendly Dry Stacking at Hillgrove Project

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Larvotto Resources Limited ( (AU:LRV) ) just unveiled an update.

Larvotto Resources Limited has announced a significant modification to its Hillgrove Antimony-Gold Project by adopting dry stacking for tailings storage. This environmentally beneficial approach replaces the need for a conventional wet slurry tailings facility, offering increased water recovery, reduced ecological disruption, and progressive rehabilitation. The change has been accepted by the NSW Department as a modification to existing permits, streamlining the approval process and positioning Larvotto to quickly address the global antimony shortage.

More about Larvotto Resources Limited

Larvotto Resources Limited is involved in the mining industry, with a focus on the extraction and processing of antimony and gold. The company aims to address the global supply deficit of antimony through its Hillgrove Antimony-Gold Project.

YTD Price Performance: 69.00%

Average Trading Volume: 4,586,558

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$345.9M

Learn more about LRV stock on TipRanks’ Stock Analysis page.

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