Larvotto Resources Limited (AU:LRV) has released an update.
Larvotto Resources Limited has raised $2 million to expedite the development and exploration of the Hillgrove gold-antimony project in New South Wales, Australia, and to maintain operations during due diligence for an anticipated US$8M financing package. The investment will contribute to various project activities, including metallurgical studies, and support the continuation of exploration in both Hillgrove and their Mt Isa copper-gold project. With gold and antimony prices near record highs, the company is taking steps to leverage their position and advance their projects.
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