What's Happening?
Larvotto Resources has initiated drill testing at the Freehold prospect within the Hillgrove Antimony-Gold Project in New South Wales. This follows the completion of a gradient-array induced polarisation and resistivity survey. The drilling aims to explore geophysical and historical results, with the potential to uncover new zones of antimony-gold mineralization. The company plans to expand its geophysical program and conduct further surveys to support the determination of mineralization depth.
Why It's Important?
The drill testing at Hillgrove is crucial for Larvotto Resources as it seeks to expand its mineral resource base and enhance its project portfolio. Successful identification of new mineralization zones could significantly boost the company's market value and attract further investment. The project is part of Larvotto's strategy to advance its portfolio of in-demand minerals, including antimony, gold, copper, and cobalt, which are essential for various industrial applications.
