Larvotto Resources Final Freehold Drilling Returns 10m at 9.61g/t AuEq, Extends Mineralisation Over 700m Strike

Mukul

11 November 2026 12:32 PM AEDT

Larvotto Resources Final Freehold Drilling Returns 10m at 9.61g/t AuEq, Extends Mineralisation Over 700m Strike

Image Source: Krish Capital Pty Ltd

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Larvotto Resources (ASX:LRV) has reported final assay results from the remaining 15 holes of a 31-hole, 7,893-metre diamond drilling program at its Freehold prospect, within the 100%-owned Hillgrove Antimony-Gold Project in New South Wales, with standout results including 10 metres at 9.61 grams per tonne gold equivalent from 526 metres in hole FRE042.

Key Points

Final assays received from 15 of 31 holes in a 7,893-metre diamond drilling program at Freehold, Hillgrove Antimony-Gold Project, New South Wales
Gold-antimony-tungsten mineralisation extended over more than 700 metres of strike, remaining open to the south and at depth
Standout result FRE042 returned 10m at 9.61g/t AuEq from 526m, including 4m at 19.91g/t AuEq from 526m
High-grade tungsten intersections include 1.5m at 1.95% WO3 from 16m in FRE041
Freehold is located 1.2 kilometres from the Hillgrove processing plant and is not currently included within the Hillgrove Mineral Resource

Freehold Drilling Program Scope and Key Intersections

The completed 31-hole, 7,893-metre diamond drilling program at Freehold was designed to test high-grade antimony-gold mineralisation beyond the historic mine footprint, including along-strike and depth extensions and previously unrecognised parallel structures. Hole FRE038 returned 9 metres at 8.05g/t AuEq from 105 metres, including 4.4 metres at 13.53g/t AuEq from 109 metres, accompanied by 5.8 metres at 0.93g/t AuEq from 75 metres and 10 metres at 1.34g/t AuEq from 91 metres. Hole FRE029 returned multiple intersections, including 2.4 metres at 10.37g/t AuEq from 146.7 metres, with an internal high of 0.4 metres at 53.99g/t AuEq from 148.7 metres.

Tungsten Mineralisation Within the Gold-Antimony System

High-grade tungsten mineralisation was identified within the broader gold-antimony system across multiple drill holes in the final reporting batch. Hole FRE041 returned 1.5 metres at 1.95% WO3 from 16 metres and 0.6 metres at 1.01% WO3 from 226 metres. Hole FRE042 returned 0.5 metres at 0.82% WO3 from 251 metres. Additional results from FRE041 included 2.1 metres at 12.19g/t AuEq from 112 metres and 1.5 metres at 18.94g/t AuEq from 16 metres. The filing states that drilling has confirmed shallow mineralisation, extended the main Freehold and Freehold East structures, and confirmed additional high-grade lodes west of the historical mine.

Geological Framework and Relationship to Hillgrove Project

Mineralisation at Freehold is now defined over approximately 700 metres of strike, compared with approximately 300 metres of historic mining, and remains open along strike and at depth. The filing states that Freehold has a long history of antimony-gold mining dating back to the late 1800s, with New England Antimony Mines operating the mine between 1974 and 2002, developing a 330-metre-deep shaft and eight underground levels across approximately 300 metres of strike. Freehold is located 1.2 kilometres east of the Hillgrove processing plant and is not included within the Hillgrove Mineral Resource. According to the filing, the expanded mineralised footprint and proximity to the processing plant provide a basis for further evaluation.

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