STRIKING GOLD AT HILLGROVE

Larvotto Resources Reports Significant Drill Intercepts

Larvotto Resources Limited (ASX: LRV) has disclosed promising results from its latest diamond drilling initiative at Bakers Creek, part of the Hillgrove gold and antimony mine near Armidale in NSW. The 2,036m drilling program aimed at deeper layers beneath the known mineral zones has produced high-grade gold intercepts, suggesting an extension of the mineralised structures at Bakers Creek.

Key Findings from the Drill Program:

  • BKCO15 delivered a standout 31m at 65.8g/t gold from 244m depth, including sections of 5.3m at 220g/t from 245.0m and 4.75m at 16g/t from 255.1m.
  • BKCO12 revealed 3.5m at 9.55g/t gold from 161m, with a notable 0.5m at 49.6g/t from 162.6m.
  • BKCO13 showed an intercept of 13.1m at 3.61g/t from 346m, which included a higher grade segment of 4m at 8.11g/t from 349m.

Managing Director, Ron Heeks commented:

The drilling program at Bakers Creek yielded exceptional high-grade intercepts, returning significant high-grade results. This work highlights the wealth of mineralised structures within the Hillgrove field. Bakers Creek has historically produced over 300,000 ounces of high-grade gold. From our interpretation of these mined areas, we concluded there should be further extension to the ore shoots.

The standout result of 31m at 65.8g/t Au has clearly demonstrated that the mineralisation does extend to depth while maintaining excellent grades. We believe that other adjacent mineralised zones will also extend to depth in a similar way, and we look forward to testing these with upcoming drill programs, providing confidence that we can add further resources at Hillgrove from deeper zones. These stunning results also provide the Company with positive momentum as we near completion of the metallurgical study and the release of our initial Ore Reserve Estimate for the Hillgrove Project.

The current results are part of a broader strategy to explore and verify the potential at Bakers Creek, extending the known gold mineralisation and strengthening the overall resource estimate for Hillgrove.

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