Larvotto Resources Limited (AU:LRV) has released an update.
Larvotto Resources Limited has launched an ambitious 5,250m RC drilling program at the Hillgrove site, targeting the Clarks Gully deposit, which boasts high-grade ore suitable for both open pit and underground mining. With a substantial M&I Mineral Resource, the company aims to bolster the Hillgrove Resource base and convert the estimates into JORC Ore Reserves. The drilling initiative follows a successful $5M equity raise, with plans for further exploration to tap into the site’s high-grade gold and antimony potential.
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