Larvotto Resources (ASX:LRV) started drilling activities at the Garibaldi and Bakers Creek areas within the Hillgrove antimony-gold project in New South Wales, according to a Tuesday filing with the Australian bourse.
The program aims to extend known mineralization at the project, the miner said in the filing. The first rig for the program started drilling, with the second one to be mobilized to the area.
Shares fell 7% in recent Tuesday trade.
Price (AUD): $0.49, Change: $-0.04, Percent Change: -6.73%
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