Larvotto Resources (ASX:LRV) has identified the Curry’s Block prospect, located 4.5km from the Hillgrove Processing Plant, to host extensive ‘high-grade’ gold-antimony-tungsten mineralisation over a 1km strike length.
This discovery comes as the company conducts a project-wide review of tungsten and critical minerals potential for the Hillgrove Antimony-Gold Project in New South Wales.
Historical results include 5m @ 11.8 grams per tonne gold equivalent from 144m, including 2.9m @ 19.5g/t gold equivalent from 144m and 5m @ 5.7g/t gold equivalent from 27m, including 0.5m @ 44.65g/t gold equivalent from 27.6m.
Tungsten mineralisation associated with the antimony-gold lodes include 5m @ 0.38% tungsten trioxide from 144m; 1.9m @ 0.35% tungsten trioxide from 34.6m; and 0.2m @ 1.4% tungsten trioxide from 13.9m. Lodes remain open at depth and along strike.
Managing Director Ron Heeks says the review of historical drilling conducted by Red River Resources (ASX:RVR) at Curry’s Block between 2019 and 2021 indicates a “compelling and underexplored gold-tungsten opportunity” for the company.
“The results define a coherent, high-grade tungsten system with associated gold and antimony that remains open at depth and along strike,” Heeks says.
“With limited follow up completed to date, Curry’s Block represents a highly attractive near-mine growth opportunity.
“As tungsten is increasingly recognised as a critical metal amid tightening global supply, it is trading at record high prices.
“The Curry’s prospect offers Larvotto exposure to another strategically important commodity within the Hillgrove Project.”
The company intends to begin drilling at the prospect shortly. Maiden drilling at Curry’s began in 2020 across seven holes for 776.4m.
Larvotto Resources is an Australian explorer focused on developing its Hillgrove Project in New South Wales into production.
Write to Maddison Elliott at Mining.com.au
Images: Larvotto Resources
