Commodities, Exploration/Development, Gold, News

‘Wealth of mineralised structures’ at Hillgrove

Hillgrove gold

Diamond drilling at Larvotto Resources’ Hillgrove gold-antimony project in NSW has delivered assays as high as 31m at 65.8 grams per tonne (g/t) gold.

Larvotto is carrying out a 2036m drilling program targeting the lower level of gold mineralisation at the Bakers Creek prospect within Hillgrove, with intercepts extending as deep as 359m.

Notable results included:

  • 31m at 65.8g/t gold (Au) from 244m, including 5.3m at 220g/t from 245m and 4.75m at 161g/t from 255.1m
  • 3.5m at 9.55g/t Au from 161m, including 0.5m at 49.6g/t from 162.6m
  • 13.1m at 3.61g/t Au from 346m, including 4m at 8.11g/t from 349m.

The assay results infill and extend the depth of current Bakers Creek mineralisation, none of which is included in the current mineral resource estimate.

“The drilling program at Bakers Creek yielded exceptional high-grade intercepts, returning significant high-grade results,” Larvotto managing director Ron Heeks said.

“This work highlights the wealth of mineralised structures within the Hillgrove field. Bakers Creek has historically produced over 300,000 ounces of high-grade gold. From our interpretation of these mined areas, we concluded there should be further extension to the ore shoots.”

Heeks said the standout result of 31m at 65.8g/t gold indicates the system extends at depth while maintaining high grades.

“We believe that other adjacent mineralised zones will also extend to depth in a similar way, and we look forward to testing these with upcoming drill programs, providing confidence that we can add further resources at Hillgrove from deeper zones,” Heeks said.

“These stunning results also provide the company with positive momentum as we near completion of the metallurgical study and the release of our initial ore reserve estimate for the Hillgrove project.”

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