Larvotto Resources (ASX:LRV) said an ongoing diamond drilling program at the Freehold prospect, within the company's Hillgrove antimony-gold project, confirmed continuity of gold and antimony mineralization within and beyond the known lodes, according to a Wednesday filing with the Australian bourse.
Drilling yielded 8.3 meters at 7.5 grams per tonne gold equivalent from 59 meters and eight meters at 5.54 g/t gold equivalent from 327 meters, the filing said.
It also identified high-grade tungsten within the same structures, the filing added.
Shares of the company rose 1% in recent Wednesday trade.