Larvotto Resources (ASX:LRV) has reported new drilling and surface sampling results from the Metz Mining Centre (MMC) program at Midas Gully, located within the wholly owned Hillgrove Antimony-Gold Project in New South Wales.
The MMC forms a key component of the underground mining at Hillgrove, which Larvotto notes is one of the most prospective areas for near-mine resource growth. With the company planning for production in mid-2026, ore mining at the syndicate lode within MMC has begun.
Midas Gully unlocking Hillgrove’s growth corridor
The Midas target is over 700m long and 350m vertical and remains open to the northwest and at depth. Latest results demonstrate strike extensions along known but undrilled mineralised trends at both Midas and Coxes.
Key intercepts from the latest drilling include 13m @ 8.56 grams per tonne gold equivalent from 253m, 0.5m @ 13.33g/t gold equivalent from 254m, and 1.2m @ 34.53g/t gold equivalent from 263.2m.
The program has also confirmed antimony mineralisation by laser-induced breakdown spectroscopy (LIBS) scanning, with follow-up drilling in progress.
Managing Director Ron Heeks says that the “strong results” reinforce the importance of MMC for Hillgrove’s production.
“These new results confirm the continuity of mineralisation along the Syndicate-Midas structure, northwest of previously reported high-grade drilling results, reinforcing our confidence at MMC, as we continue to explore the system beyond historic drilling and mining,” Heeks says.
“The Midas results are very exciting, as they demonstrate that cross-cutting mineralised zones extend north of the Blacklode system. This is further reinforced by geophysics identifying a target that may also extend the adjacent Coxes Reef, a significant distance to the northwest of Blacklode, as clearly shown in Figure 2.”
Along the MMC corridor, mineralisation in the Endurance Lode also produced key results, including 5m @ 4.53g/t gold equivalent from 15m and 0.5m @ 28.23g/t gold equivalent from 15.8m.
Larvotto has now completed eight drill holes at Midas to date, with all holes intersecting high-grade mineralisation. Results support a coherent, steeply dipping mineralised structure that is consistent with mineralisation observed at the Syndicate Lode.
Larvotto is prioritising resource growth at Hillgrove, with four diamond drill rigs currently in operation, including those at Metz and Clarks Gully. The company is also reviewing the tungsten potential across Hillgrove and has submitted regulatory approval applications to drill historical gold-antimony-tungsten workings at Curry’s Block.
Larvotto Resources is focused on advancing its portfolio of projects, including the Hillgrove Gold-Antimony Project in New South Wales; the Mt Isa copper, gold, and cobalt project in Queensland; and the Eyre polymetallic project in Western Australia.
Write to Amy Rotman at Mining.com.au
Images: Larvotto Resources
