News Articles for Larvotto Resources

Larvotto Resources has secured an exclusive option to acquire the Blockade mine, a successful historic copper operation surrounded by the company's existing Mt Isa tenements in northwest Queensland. The 152.7 hectare Blockade lease, 41km east-northeast of Mount Isa, initially fed silica flux to the Mt Isa Smelter before Mt Isa Mines exploited high-grade copper ore from a shallow oxide pit in the 1980s.

Larvotto Resources has unveiled a prospective and potentially lucrative third revenue stream at its Hillgrove gold-antimony project in NSW, with metallurgy delivering 90 per cent tungsten recovery adding another highly strategic resource to its inventory. The news follows recent assays from its Freehold prospect that delivered broad, high-grade antimony-gold zones alongside surprise tungsten grades, the company has begun painting the picture of a new tungsten system with some serious economics legs.

Larvotto Resources has come out swinging at its Hillgrove project in NSW, with first pass diamond drilling at the Freehold prospect delivering broad, high-grade antimony-gold zones alongside a surprise tungsten hit. The early numbers confirm continuity along multiple lodes and hint at the rise of a new underground mining hub just 1.2km from the company's existing processing plant.

Larvotto Resources has locked in PYBAR Mining Services to drive a four-year underground development campaign at its Hillgrove antimony-gold project in New South Wales. The deal covers 20km of decline and lateral work across the Metz, Garibaldi and Clarks Gully zones, marking another major milestone as the company accelerates towards production in 2026.

Antimony-focused Larvotto Resources has continued its path towards production next year at its Hillgrove antimony-gold project in New South Wales.

Larvotto Resources has shot down a non-binding takeover proposal from its 10 per cent shareholder United States Antimony Corporation, saying the all-scrip bid materially undervalues the company. With financing secured, first production from its Hillgrove gold/antimony mine locked down for 2026 and exploration success still rolling in, the board says Larvotto is only just beginning to realise its true worth.

Larvotto Resources has turned down a $723 million bid from a US antimony processor, claiming the offer undervalues its NSW gold and antimony project.

Larvotto Resources has unveiled a batch of cracking results from its first diamond holes at the company's Blacklode prospect in New South Wales, returning thick zones of gold and antimony almost at surface. The standout hit of 15 metres at 5.24 grams per tonne gold equivalent from 42 metres, including 4.2 metres at 14.46g/t, puts Hillgrove squarely on the radar for serious expansion.

Larvotto Resources story from the $3m purchase of its Hillgrove gold and antimony project in NSW 2 years ago to the $720m takeover bid it just received from US industrial metals player UCAC is remarkable however you look at it. The question now is does the company go the whole nine yards, get into production, stretch the mine life and reap the dividends or just submit and hand execution risk over to the 800 pound gorilla.

Larvotto Resources has peeled off another impressive set of drill results from its Eleanora-Garibaldi zone at its Hillgrove antimony-gold project in New South Wales. The company has notched up standout intercepts such as 30m at 3.29g/t gold equivalent and 5.4m at 11.99g/t gold equivalent, with several zones still open at depth. The hits are expected to underpin upcoming resource and reserve upgrades.

Larvotto Resources has fired the starting gun on an upgrade at its Hillgrove processing plant to 525,000tpa, after inking a project delivery contract. The deal locks in scope, governance and timelines for the work, with early works already underway. Commissioning is targeted for late 2026, at which point the company expects to play a starring role as a key Western supplier of strategic metal antimony, with gold providing an extra kicker.

Larvotto Resources' push towards becoming a major antimony producer has continued on the back of securing a key contract for work at its Hillgrove antimony-gold project.

Larvotto Resources has struck geophysical gold at its Hillgrove antimony-gold project in New South Wales, with a groundbreaking induced polarisation survey at the undrilled Kiarra Prospect revealing resistivity highs that scream untapped potential. Historically, mineralisation found at the site has shown a strong correlation with resistivity highs, with the geophysical anomalies interpreted as potential lode extensions.

Larvotto Resources has launched a bold refurbishment of key infrastructure at its Hillgrove processing plant near Armidale in NSW, as the company looks to ramp up commissioning of the facility in July next year. Refurb works have officially kicked off at the company's antimony-gold project, marking the start of a comprehensive plant upgrade to transform the historic processing facility into a modern production powerhouse.

Larvotto's IP survey at Hillgrove's Freehold prospect, in NSW, has confirmed historic antimony-gold associations and uncovered untested extensions 350m east of historic mining. The company has already launched exploratory drilling on the new targets. Additionally, a $388,662 R&D tax rebate recognises the company's metallurgical innovations for gold and antimony recovery from ore and legacy tailings, which could boost output while bringing environmental benefits.

ASX-listed Larvotto Resources has unearthed a string of eye-catching gold-antimony intercepts at its Hillgrove project in New South Wales. Drilling at both of its Eleanora and Golden Gate prospects continue to reveal thick, high-grade hits, with assays confirming the scale and continuity across multiple lodes. Larvotto is drilling new holes at its Metz and Freehold targets and moving fast to extend its critical minerals inventory.

Larvotto Resources has fired the starter's gun on its $140 million Hillgrove antimony-gold project in NSW after locking in a US$105 million bond and $60 million equity raise. With early works already underway, the fully funded operation is targeting first production in Q2 2026. Hillgrove is poised to become the only new source of antimony outside China within the next four years.

Larvotto Resources has officially sealed a $60 million equity deal to get its Hillgrove antimony-gold project in New South Wales up and running. The raise follows a hefty US$105 million (A$159.6 million) bond issue and gives the company the financial firepower to push through construction and hit first ore in the second quarter of next year. Larvotto is now in the box seat to deliver the West's next critical minerals supply.

Dollar Bill (AKA Bulls N Bears' Bill McConnell) has been polishing his monocle in preparation for the resurgence of the small caps market – and it's starting to happen.

Larvotto Resources has raised US$105 million (A$161.3M) via a fully subscribed senior secured bond to help restart its Hillgrove antimony-gold project in NSW. The project is backed by strong investor demand and aims for first production in 2026. The bond issue, supported by major Australian and international funds, underscores a robust case for Hillgrove's role in supplying critical antimony and gold.

Larvotto Resources has secured formal NSW government approval for its Hillgrove Mod 6 application, clearing the path for mining and processing at its gold-antimony project. The green light allows the company to press forward with final financing, infrastructure upgrades and a planned production start in 2026. The approval also supports key environmental initiatives, including the shift to dry-stacked tailings for more sustainable operations.

Larvotto Resources has struck bonanza gold at its Hillgrove project in NSW, with drilling at its Eleanora-Garibaldi prospect delivering up to 111.27g/t gold equivalent. The standout hit came within a 4.1m intercept, grading 28.08g/t gold equivalent from 119m. The results are part of a 9200m diamond drilling blitz across its Eleanora-Garibaldi and Golden Gate prospects as the company pushes to boost resources ahead of plant construction.

A geophysical survey at Larvotto Resources' Hillgrove antimony-gold project in New South Wales has unearthed a series of promising new drill targets beneath and along strike of known mineralisation at its Clarks Gully prospect. The company says the induced polarisation and resistivity survey showed a strong correlation with historically mined antimony and gold zones, validating the geological model and delivering a greenlight for an upcoming drilling program.

Larvotto Resources has discovered tungsten lurking in its already economic Hillgrove gold and antimony project in NSW, setting the scene for another payable by-product from the project that is already showing big numbers based on gold and antimony alone. Larvotto has delivered an initial mineral resource estimate for tungsten of 8.77 million tonnes at 0.05% tungsten trioxide at the project for 4774 contained tonnes.

Larvotto Resources has delivered a game-changing definitive feasibility study for its Hillgrove gold-antimony project, with a $694M post-tax net present value, $251M annual EBITDA and $128M in yearly free cash flow over 8.2 years. With a modest $133M capex and rapid 11-month payback, the numbers are already impressive. However, at current spot prices, NPV soars to $1.269B, the EBITDA hits $354M and free cash flow is $198M per year.

As Larvotto charges ahead with a definitive feasibility study at its Hillgrove gold-antimony project in NSW, the company has now opened a new community hub in Armidale to keep locals in the loop. Larvotto says the Hillgrove Hub will deliver on its commitment to locals by offering a front-row seat to the project's progress while fostering open dialogue with the community.

Larvotto Resources continues to pull in good results from the company's high-grade Hillgrove gold antimony project in NSW, with big hits that included 0.6m at a stunning 183.5g/t gold equivalent from 493m. Four diamond rigs have now completed more than 8400 metres of drilling at its Bakers Creek and Eleanora-Garibaldi prospects, hinting at new rich mineralisation near existing underground infrastructure.

Thunderbird Resources has expanded its gold footprint in NSW, lodging an application for a strategic 118-square-kilometre expansion to its Kookabookra gold project immediately to the east. The company is doubling down on its gold presence in the state, suggesting that Kookabookra could host an intrusion-related gold system – similar to the kind of deposits that's delivered multi-million-ounce gold hauls at places such as Fort Knox in Alaska and Kidston in Queensland.

Larvotto Resources has bought a homestead and wedding venue near its Hillgrove antimony-gold project in NSW to comfortably house and support a growing permanent workforce. Larvotto will pay $3m in cash plus $600,000 in shares for the 95-bed property. The company aims to start production at the mine in early 2026.

Junior explorers such as E79 Gold Mines, Caprice Resources and Thunderbird Resources have seen a significant spike in their share price when betting on a nearology play near a recent or historical discovery. E79's share price surged from its February 6 close of 1.9c to hit a high of 5.4c on February 19 in the two weeks after a neighbour announced a greenfields gold discovery.

Larvotto Resources' plans to run a dry tailings stacking process at its Hillgrove antimony-gold project in New South Wales have been accepted by the NSW planning and infrastructure department. The company decided to move away from a conventional wet slurry tailings dam because the dry storage solution offered significant low-cost design and eco-friendly benefits given Hillgrove's nature, scale and current infrastructure.

Larvotto Resources has received US$4 million (A$6.2m) as pre-payment from Wogan Resources' sister and financing company Xcelsior Capital under an exclusive antimony off-take agreement with Wogan. The agreement, signed on December 2, will see Wogen provide exclusive global off-take sales for Larvotto's antimony concentrate produced at its Hillgrove project.

Larvotto Resources continues its winning run with its final five drillholes at Clarks Gully deposit at its Hillgrove project in NSW, jagging broad high-grade gold-antimony intercepts, including 22m at 9.87g/t gold equivalent. The 59-hole program for 4469m of RC drilling was designed to infill and extend the current 266,000t Clarks Gully mineral resource, grading 3.8 per cent antimony and 2.0g/t gold for 10.6g/t gold equivalent.

Larvotto Resources has scored $30 million from new and existing investors, ensuring it is well-funded to intensify exploration of its Hillgrove antimony-gold operation near Armidale in NSW. The placement will see 57.7 million shares issued at 52c apiece and follows on from the company recently banking a total of $14.2m from an offtake pre-payment and option conversions.

Larvotto Resources has announced plans to raise $30 million in order to advance its Hillgrove antimony-gold project in New South Wales.

Larvotto Resources has unveiled some stunning drill results from the Clarks Gully deposit, part of its Hillgrove gold and antimony mine in New South Wales, including 20m grading 8.2 grams per tonne (g/t) gold equivalent and 6m at 17.2 g/t gold equivalent. The expanding deposit, which is rich in antimony, is rapidly promoting itself as a candidate for near-term feed to frontload early cash flows.

Amid a grand celebration of the WA ASX-listed small cap company community on Friday night, Larvotto Resources triumphed to take out the coveted Bulls N' Bears “Peak Performer of the Year” award after achieving a peak share price hike of 993 per cent. Estrella Resources took out the other major award and is the Bulls N' Bears “Runner of the Year”, claiming a 240 per cent share price jump from January to November 2024.

Larvotto has consummated an offtake deal with Wogen Resources for antimony from its NSW Hillgrove mine with a $6.1m prepayment that comes on the back of $8m worth of options being exercised to fast-track exploration and complete the project's DFS. Larvotto has been a market darling this year with its stock peaking during the year at a 1218 per cent premium to its low in February.

Larvotto Resources latest reverse-circulation drill campaign at its Hillgrove project has kept the gold-antimony party going with further big high-grade hits rolling off the drill bit at the company's Clarks Gully deposit, some 23km east of Armidale in northern NSW. Larvotto also struck visible gold in diamond core drilling at its Bakers Creek prospect within the Hillgrove project area.

Larvotto Resources has gained membership of a consortium that provides a gateway to seek funding from and supply products to organizations associated with the US Defence Department. Larvotto says its Hillgrove project in NSW is capable of supplying 7 per cent of the world's antimony needs, a highly sort after metal that is used in the manufacturing of ammunition.