Larvotto Resources (ASX:LRV) said that drilling programs at the Hillgrove antimony-gold project in New South Wales continued to identify high-grade mineralization, according to a Monday Australian bourse filing.
Drilling at the Bakers Creek target identified high-grade gold mineralization with key intercepts including 8.3 meters at 10.39 grams per meter grade of gold equivalent from 408.7 meters and 0.6 meters at 183.5 g/t grade of gold equivalent from 493.4 meters.
Meanwhile, drilling at the Eleanora-Garibaldi mining center identified zones of high-grade gold and antimony mineralization, including five meters at 8.38 g/m grade of gold-equivalent from 310.9 meters and 20.7 meters at 3.49 g/m grade of gold-equivalent from 146 meters.
Its shares fell past 5% on market close.
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