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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.