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Larvotto Resources found high-grade gold, antimony, and tungsten at its Hillgrove project in NSW, with strong project economics boosted by high gold prices.
Larvotto Resources has discovered high-grade gold, antimony, and unexpected tungsten at its Hillgrove project in New South Wales, with drilling showing broad, continuous mineralization and grades up to 19.09 g/t gold equivalent.
The site, near existing infrastructure and historic underground workings, is being actively explored with four rigs testing multiple prospects.
A $140 million plant upgrade is on track for completion by Q2 2026, enabling annual production of 40,500 gold ounces and 4,878 tonnes of antimony.
With gold prices exceeding $4,000 per ounce, project economics have significantly improved.
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Larvotto Resources encontró oro, antimonio y tungsteno de alta calidad en su proyecto Hillgrove en Nueva Gales del Sur, con una fuerte economía del proyecto impulsada por los altos precios del oro.