Larvotto Resources (ASX:LRV) expects to meet first production targets at its Hillgrove Antimony gold project in New South Wales by the middle of the year, according to a Friday filing with the Australian bourse.
The project is expected to produce about 4,900 tonnes of antimony per year on a steady state basis, the filing said.
Shares of the company fell 9% at market close.
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.