Larvotto Resources (ASX: $LRV) commences exploration drilling at Hillgrove

Larvotto Resources Limited (ASX: $LRV) has announced the commencement of exploration drilling at Hillgrove, with a 5,250m RC drilling program to infill Resource and test extensions of the Clarks Gully deposit. The Clarks Gully mineralisation is currently defined from surface to a depth of 200m with a current M&I Mineral Resource of 266kt @ 3.8% Sb and 2.0g/t Au (8.40 g/t AuEq). The company aims to rapidly increase the Hillgrove Resource base and convert the current Measured and Indicated (M+I) Mineral Resource Estimate (MRE) into JORC Ore Reserves.

Managing Director, Ron Heeks, on Hillgrove exploration drilling

The Clarks Gully deposit extends from surface and remains open at depth. It currently has a M+/ Mineral Resource Estimate (MRE) with high-grade ore suited to both open pit and underground extraction. Favourably, it has potential for early-stage development which could supplement production from the already developed Metz underground mining area to the south. Soil geochemistry strongly indicates that the mineralisation extends to the south of the previously mined open pit and initial testing of the area is included as part of this program. The geochemical anomaly is of the same order as that over the current deposit and has the potential to significantly increase the overall resource at Clarks Gully.

Exploration drilling at Hillgrove and potential outlook

Larvotto Resources Limited (ASX: $LRV) has initiated a significant exploration drilling program at Hillgrove, targeting the Clarks Gully deposit. The company aims to increase the Hillgrove Resource base and convert the current Measured and Indicated (M+I) Mineral Resource Estimate (MRE) into JORC Ore Reserves. The Clarks Gully deposit, with its high-grade ore amenable to both open pit and underground extraction, presents potential for early-stage development. Additionally, the soil geochemistry indicates the extension of mineralisation to the south, offering the potential to significantly increase the overall resource at Clarks Gully. The increase in antimony price due to its use in solar panel production adds further value to the project. With the Hillgrove mineral field strategically located and containing critical minerals, Larvotto Resources is well-positioned for future growth and development.