Larvotto strikes high-grade jackpot at NSW antimony-gold mine

Read the original at The Sydney Morning Herald ↗
The Sydney Morning Herald · collected 2026-10-12 · by Doug Bright

Quick Summary

Larvotto Resources has reported high-grade gold-antimony-tungsten intercepts from drilling at its Hillgrove Project's Metz Mining Centre in New South Wales. The latest assays show significant expansion of mineralized areas and validate the structural predictability of multi-lode networks, crucial for future mine-life extension. Notable results include a 20.5-meter section with an average grade of 9.4 grams per tonne gold equivalent from the Blacklode structure, including a higher-grade segment of 6.2 meters at 27.2 grams per tonne gold equivalent.
Written locally by qwen2.5:14b on 2026-10-12, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

Larvotto Resources has reported impressive results from diamond drilling at its Hillgrove Project in New South Wales. The company's latest assays include a 20.5m intercept from the Blacklode structure with an average grade of 9.4g/t gold equivalent, including a 6.2m section at 27.2g/t gold equivalent. This discovery supports the continuity and extension of high-grade mineral deposits beneath inferred resources, confirming the potential for future mine-life extension.

The Metz Mining Centre (MMC) project has reached key milestones: first ore delivery in May, formal commercial production starting in late August, and its first flotation concentrate in September. Hillgrove is designed to meet 7% of global antimony demand, significantly contributing to critical mineral supply outside China-controlled fields. Larvotto Resources is securing logistics through multi-year agreements with Wogen Resources and Glencore while continuing exploration efforts.

Written for “Australian Mine Discovery” on 2026-10-12, grounded in this article and the 0 other(s) covering the same event.

Signals How these are calculated →

Claims extracted
17
claim-shaped sentences
Uncertain
6%
1 of 17 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
60.9
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Economy/Business
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-12 · how these are computed

Story

📰 Australian Mine Discovery
Economy/Business · 1 article(s) covering the same event.

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Who wrote this

Doug Bright
15 article(s) here · 1 carrying a prediction
🔮 Following the company’s first ore delivery to stockpiles in May and formal commercial production kicking off in late August, the processing plant achieved a key production milestone with its first flotation concentrate in September.
🔮 Results from this latest drilling batch will inform the company’s next Boundiali mineral resource estimate update, targeted for early this quarter.
🔮 It immediately bolsters the company’s stated strategy of building a hub-and-spoke operation centred on its newly acquired Westonia Hub, which includes the Edna May gold processing facility.
🔮 Management says the work aims to understand the geological controls better and identify areas where mineralisation might be concentrated.
🔮 Now, purists might point out that Kangankunde is a hard-rock carbonatite rather than a clay deposit.
🔮 Solstice believes that deeper position - east of the expected gabbro contact - could represent an emerging eastern mineralised zone.
🔮 Management says the findings confirm the gold mineralisation system at BST1 remains open, with the new holes expected to contribute to an upgrade of the indicated resource in the next resource update slated for Q4 2026.
2026-10-01 · assertive framing · Bonanza gold hits keep rolling for Aurum in West Africa
🔮 According to Augustus, the core revealed tell-tale alteration from hematite to silica-sericite-pyrite-carbonate, which strengthened closer to the gold-bearing part of the system, suggesting the hole may have passed along the edge of a bigger mineralised zone.
🔮 The timing could hardly be better, with market analysts pointing to a major supply squeeze that saw tungsten prices surge in 2026, driven by Chinese export controls and rising defence-related demand.
🔮 Lindian says the African nation’s Mining and Minerals Regulatory Authority (MMRA) provided written clarification as far back as October 2025 that Kangankunde would not be affected by the executive order, recognising that producing a monazite concentrate in Malawi before export would deliver a definitive value-add to state revenue and local jobs.
Also by Doug Bright
Gateway maps twin 4km gold soil anomalies in WA Gascoyne
2026-10-06 · The Sydney Morning Herald
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 15 articles by Doug Bright →

Topics

China Larvotto Larvotto Resources MMC New South Wales

Subjects

Larvotto ORG · 4× Blacklode GPE · 2× Larvotto Resources ORG · 2× Ron Heeks PERSON · 2× China GPE · 1× Glencore ORG · 1× MMC ORG · 1× New South Wales GPE · 1× Wogen Resources ORG · 1× ’Larvotto Resources ORG · 1×

Narrative

Four active diamond rigs targeting depth extensions beneath historical workings have returned spectacular structural intercepts across several key lodes, with key results from the current round of drilling including one hole boring out 20.5m assaying 9.4g/t gold equivalent from 199m in the Blacklode structure, including 6.2m at 27.2g/t gold equivalent from 207.6m. ‘The discovery of the high-grade Echidna Lode, directly adjacent to other lodes, provides a new target for follow-up drilling.’Larvotto Resources managing director Ron Heeks That standout Blacklode hit confirms the down-dip continuity of broad, high-grade mineralised shoots extending directly beneath areas currently classified as inferred resources.
framing: assertive · carried by 1 article(s) · first seen 2026-10-12
🔮 Following the company’s first ore delivery to stockpiles in May and formal commercial production kicking off in late August, the processing plant achieved a key production milestone with its first flotation concentrate in September.
2026-10-12 · The Sydney Morning Herald
Larvotto strikes high-grade jackpot at NSW antimony-gold mine · assertive framing

Claims (17 extracted, 1 hedged)

Larvotto Resources has delivered a suite of exceptional, high-grade gold-antimony-tungsten intercepts from ongoing diamond drilling at the Metz Mining Centre (MMC), part of its 100 per cent owned Hillgrove Project in New South Wales. asserted
Resources → deliver → Wales
The results significantly expand the mineralised footprint of the system while validating the structural predictability of a multi-lode network which is increasingly looking like a cornerstone of future mine-life extension. asserted
which → expand → extension
The latest assays arrive at a pivotal operational juncture for Larvotto. asserted
assays → arrive → Larvotto
Following the company’s first ore delivery to stockpiles in May and formal commercial production kicking off in late August, the processing plant achieved a key production milestone with its first flotation concentrate in September. uncertain
plant → follow → September
Ramping up towards steady-state nameplate capacity, Hillgrove is structurally configured to supply an estimated 7 per cent of global antimony demand, representing over 50 per cent of critical mineral supply originating outside China-controlled fields. asserted
Hillgrove → ramp → fields
While Larvotto is solidifying logistics under secure multi-year offtake agreements with Wogen Resources and Glencore, its exploration crews are steadily mapping out the broader system’s geological upside. asserted
crews → solidify → upside
Four active diamond rigs targeting depth extensions beneath historical workings have returned spectacular structural intercepts across several key lodes, with key results from the current round of drilling including one hole boring out 20.5m assaying 9.4g/t gold equivalent from 199m in the Blacklode structure, including 6.2m at 27.2g/t gold equivalent from 207.6m. ‘The discovery of the high-grade Echidna Lode, directly adjacent to other lodes, provides a new target for follow-up drilling.’Larvotto Resources managing director Ron Heeks That standout Blacklode hit confirms the down-dip continuity of broad, high-grade mineralised shoots extending directly beneath areas currently classified as inferred resources. asserted
hit → target → resources
That geometry remains fully outside the current Hillgrove ore reserve and indicates strong scope for near-term resource conversion. asserted
geometry → remain → conversion
Another drill hole put into Midas Gully also gave up similarly broad high-grade mineralisation, with a solid 20-metre hit going 6.7g/t gold equivalent, including 8m going 11.8g/t gold equivalent from 342.5m depth. A third hole drilled into the Endurance lode, an estimated 130m north of Blacklode, delivered 3.4m grading 13.7g/t gold equivalent from 109.6m and 2m assaying a stout 15.0g/t gold equivalent from a depth of 120m. Concurrently, stepping out to test for other parallel structural splays, Larvotto’s drilling hit immediate success when a fourth hole intersected a previously unrecognised, near-surface structure the company has dubbed the Echidna Lode. asserted
company → put → structure
Striking northwest-southeast and parallel to the Blacklode and Endurance structure and obliquely to the main Midas trend, Echidna has revealed a shallow zone of 11.2m assaying 6.7g/t gold equivalent from just 63 metres downhole, including 3.2m assaying 17.5g/t gold equivalent from 71m, with narrower internal pockets spiking up to 28.6g/t gold equivalent. asserted
pockets → strike → equivalent
Larvotto’s high-grade exploration momentum mirrors the company’s recent achievements north at its Clarks Gully resource, 4.3km north of Blacklode, where late-September results confirmed gold and antimony values are steadily increasing at depth alongside a significant emerging tungsten footprint. asserted
values → mirror → footprint
Recent standout hits at Clarks Gully reached a peak result of 32m running 5.68g/t gold equivalent and exceptional standalone tungsten pockets grading up to 11.13 per cent tungsten trioxide, which has prompted more advanced planning for a possible underground satellite feed source. asserted
which → reach → source
Larvotto Resources managing director Ron Heeks said: “These latest results continue to demonstrate the significant scale, continuity and growth potential of the Metz Mining Centre. asserted
results → say → Centre
Importantly, we are now consistently intersecting multiple high-grade gold-antimony-tungsten lodes across a growing mineralised footprint, while also discovering new mineralised structures outside the current resource model.” asserted
we → intersect → model
Heeks added that drilling at Midas Gully and Endurance continues to demonstrate excellent continuity and predictability of mineralisation and that the discovery of the high-grade Echidna Lode, directly adjacent to other lodes, provides a new target for follow-up drilling. asserted
discovery → add → drilling
With four diamond drill rigs operating and assays still pending for an additional 17 completed holes, Larvotto is rapidly closing in on a maiden resource estimate for Midas Gully while also continuing to demonstrate the broad potential of the Metz Mining Centre to contribute to future growth at Hillgrove. asserted
Larvotto → operate → Hillgrove
By successfully blending a rapid production ramp-up with high-conviction discovery drilling across a 900-metre strike corridor, Larvotto appears to be laying down an incredibly robust pathway toward a multi-decade critical minerals hub. Is your ASX-listed company doing something interesting? asserted
company → blend → something
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