Larvotto stretches rich NSW gold-antimony zone as tungsten sizzles

The company says the new results have extended the mineralised footprint an estimated 100m down-plunge from the existing Clarks Gully envelope, which hosts an estimated resource of 647,000 tonnes at 1.6 per cent antimony and 2.1g/t gold.

With assays for the final two holes of the 16-hole program still pending, Larvotto is already working on geological modelling to update the Clarks Gully resource estimate. It has also initiated permitting for a low-footprint underground operation at site to provide a secondary feed source for the Hillgrove processing facility.

The success at Clarks Gully comes hot on the heels of Larvotto’s production start-up just a month ago and first concentrate output only 10 days ago. With the restart fully funded and its newly commissioned plant now humming along, the company is using multiple drill rigs to focus on resource expansion and fresh discoveries to feed the plant.

Now that the main Hillgrove mine is in production, Larvotto is not just proving up a resource; it is actively looking to expand the inventory of an operating asset. With its drill bits continuing to define a stacked system of high-grade lodes that appear to get richer at depth, a powerful tailwind from surging tungsten prices and a firm floor remaining under antimony prices, the company seems to be in the right place at the right time.

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