InvestSMART

Larvotto Resources Limited (ASX:LRV)

ALERT: Price-sensitive ASX Announcement for LRV
Current share price for LRV : $1.090 -0.15 (-12.10%)+
Announcement
Release
9 Jul 2026 9:00AM
Price at Release
$1.240
Full Release
download
Summary
In a recent announcement, Larvotto Resources Limited has exercised its option on the Blockade Copper Mine, highlighting the discovery of significant copper mineralisation. The due diligence drilling program corroborated previous findings, demonstrating the presence of high-grade copper and cobalt. This strategic move aims to strengthen Larvotto's presence in the copper mining sector, with the recent results confirming the continuity of mineralisation beneath the historical mine.
Key Points
  • Larvotto Resources Limited exercised its option on the Blockade Copper Mine.
  • The announcement includes significant copper mineralisation findings.
  • The drilling program confirmed high-grade copper and cobalt intersections.
  • Historical drill results were validated by the new due diligence drilling program.
  • The exercise of the option aims to solidify Larvotto's strategic position in copper mining.
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.