Larvotto Resources (ASX:LRV) confirmed the presence of high-grade gold-antimony mineralization from drilling at the Clarks Gully deposit within the Hillgrove Project in New South Wales, according to a filing with the Australian bourse.
Initial assay results from the deposit included seven meters at 22.28 grams per tonne of gold equivalent, seven meters at 9.34g/t gold equivalent, and nine meters at 5.48g/t gold equivalent, the Thursday filing said.
Meanwhile, diamond drilling at the Bakers Creek deposit found visible gold in the first hole at the intersection of the Big Reef mineralized zone, according to the filing.