Eleanora-Garibaldi Drilling
Larvotto Resources (ASX: LRV) has reported a series of high-grade gold and antimony intersections from recent diamond drilling at its Eleanora-Garibaldi deposit, part of the 100%-owned Hillgrove Project in New South Wales. Key results include:
- 30 metres at 3.29 grams-per-tonne gold equivalent (AuEq) from 104 metres, including 4.1 metres at 8.42 g/t AuEq
- 5.4 metres at 11.99 g/t AuEq from 151.6 metres, including 4 metres at 15.89 g/t AuEq
- 16.1 metres at 3.52 g/t AuEq from 100 metres, including 7.5 metres at 6.74 g/t AuEq
- 9 metres at 7.28 g/t AuEq from 220 metres, including 5.6 metres at 11.35 g/t AuEq.
Expanding Resource Potential
The drilling forms part of a resource and reserve upgrade planned for the Eleanora-Garibaldi system. The program, totalling roughly 11,200 metres of diamond drilling, concluded recently but will continue to expand following the discovery of wide, high-grade mineralised zones.
These results demonstrate significant mineralisation adjacent to historic workings that were previously mined only for the highest-grade ore. The company said ongoing exploration will now extend testing to the northwest, where mineralisation remains open at depth.
Managing Director Ron Heeks said, “It is very encouraging to see our drilling program at Eleanora-Garibaldi continuing to produce high-grade drill results. Ongoing drilling is set to generate consistent news flow and strong momentum through the remainder of 2025.”
Hillgrove Resource Base
The broader Garibaldi deposit, which includes the Eleanora and Garibaldi areas, currently hosts a mineral resource of 2.7 million tonnes at 6.6 g/t gold equivalent for 396,000 ounces of gold and 19,000 tonnes of antimony.
The Hillgrove Project’s mineralisation is characterised by orogenic antimony-gold systems within the New England Orogen. Drilling around the Hillgrove processing plant has identified extensions beneath historic mine workings, highlighting the potential for resource growth close to infrastructure.
Next Steps
Four diamond rigs remain active at the Hillgrove site, focused on exploration and resource definition at the Metz, Freehold, and Clarks Gully targets. Updated resource modelling will incorporate the new results before further drilling programs commence.
Larvotto said upcoming work will target extensions of the Blacklode and Syndicate structures at Metz, along with step-outs to the northwest strike extensions. The company also plans geophysical programs to refine future drilling across its New South Wales landholding.
