Larvotto Resources Boosts Exploration with $6.2M Funding

Larvotto Resources Limited (AU:LRV) has released an update.

Larvotto Resources Limited has secured A$6.2 million in funding from Wogen/Xcelsior to enhance its exploration efforts at the Hillgrove Gold and Antimony Project in New South Wales. This funding, part of a larger A$27.5 million cash boost, allows Larvotto to maintain flexibility in the sales of antimony concentrate, potentially reaching markets in the United States. The financial backing positions the company to advance its exploration and move towards resuming production by early 2026.

For further insights into AU:LRV stock, check out TipRanks’ Stock Analysis page.