Larvotto Resources has lit up a slew of new drill targets at its Mt Isa copper-gold-cobalt project in Queensland after collecting more than 6200 samples from a geochemical soil sampling program last year. Key areas highlighted for further exploration include the Ballara Saddle, Portal Creek, IXL and Psamathe targets, with a geophysical induced-polarisation survey already underway.
ASX-listed Larvotto Resources is looking at a major transitional change from mineral explorer to producer after confirming it had picked up the Hillgrove gold-antimony project in NSW for a song. The company acquired the 1.4-million-ounce gold equivalent operation after entering into a binding term sheet with the administrators of former owner Red River Resources for a purchase price of less than $6 per ounce.
Our weekly appointments wrap includes Adam Bick, Jacob Deysel, Ben Macpherson, Nick Burns, Melanie Leighton, Matthew Carr, Andrew Forman, Melissa Winks, Ian Wells, Stephen Neale and Kate Casellas.
Our board moves wrap includes Andrew Tunks, David Wheeler, Joe Graziano, Edmond Edwards, Matthew Edmondson, Nick Longmire, Suzanne Irwin, and Adrienne Parker.
Larvotto Resources has become the latest WA-based explorer to list on the stock exchange, with proceeds from its IPO to fund exploration in Australia and New Zealand.
Larvotto Resources is among a long list of gold explorers seeking to trade on the ASX, this month announcing plans to raise up to $10 million through its IPO.
