InvestSMART

Larvotto Resources Limited (ASX:LRV)

ALERT: Price-sensitive ASX Announcement for LRV
Current share price for LRV : $1.140 -0.05 (-4.20%)+
Announcement
Release
12 Jan 2026 8:35AM
Price at Release
$1.190
Full Release
download
Summary
Larvotto Resources Limited's latest drilling at the Blacklode Prospect at the Metz Mining Centre has discovered extensive high-grade antimony and gold mineralisation, including significant tungsten mineralisation. The drilling results extend the western extension of the Metz system, confirming the continuity and potential for further exploration. The company plans to continue resource growth with ongoing drilling programs to expand the current resource base and identify additional mineable material. These outcomes highlight the untapped exploration potential at Metz despite its extensive mining history.
Key Points
  • Drilling at the Blacklode Prospect reveals significant antimony and gold mineralisation.
  • Near surface high-grade mineralisation extends the western extension of the Metz system.
  • Key intercepts include BLK106: 6m @ 8.50g/t AuEq from 92m and BLK107: 16m @ 5.43g/t AuEq from 294m.
  • Significant tungsten mineralisation associated with antimony-gold lodes intersected.
  • The Metz system shows extensive exploration potential despite its long history.
  • Larvotto Resources aims to expand resource base and identify new mineralised splays.
  • The exploration programs are part of a strategy to deliver additional mineable material to the Metz Mining Centre.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.