Larvotto Resources (ASX:LRV) intersected high-grade antimony-gold-tungsten mineralization during diamond drilling at the Clarks Gully prospect, within its Hillgrove project in New South Wales, according to a Wednesday filing with the Australian bourse.
Drilling continued to expand the mineralization envelope, returning 32 meters at 5.68 grams per tonne (g/t) gold equivalent (AuEq) from 260 meters, including 8 meters at almost 14 g/t AuEq from 284 meters, 29 meters at 6.06 g/t AuEq from 339 meters, including 8.7 meters at nearly 15 g/t AuEq from 349 meters, the filing said.
The company is expected to provide an updated Clarks Gully mineral resource estimate upon receipt of final assays, per the filing.
Shares rose past 1% in morning trade Wednesday.