Larvotto Resources (ASX:LRV) said diamond drilling at the Freehold prospect, part of the Hillgrove project in New South Wales, confirmed broad and high-grade antimony-gold mineralization across multiple lodes, according to a Monday Australian bourse filing.

It encountered intercepts of 14 meters at 4.25 grams per tonne grade of gold equivalent from 89 meters, as well as seven meters at 5.03 g/t grade of gold equivalent from 122 meters. It also hit a tungsten result of 0.5 meters at 3.43% grade of tungsten oxide from 154.8 meters, associated with the antimony-gold mineralization.

It completed eight drill holes for 1,462.7 meters drilled and processed to date, and the program is ongoing.

Its shares rose 3% in recent trading on Monday.