Larvotto Resources Limited · ASX:LRV
Larvotto Resources — Investor Presentation (February 2026)
22 slides from Larvotto Resources's investor presentation, Feb 9, 2026
Slide 1: Hillgrove Antimony-Gold Project: Australia's Next Critical Mineral Producer
Hillgrove Antimony-Gold Project For personal use only Australia’s Next Critical Mineral Producer (in 5 months) 121 MINING INVESTMENT February 2026 ASX:LRV 1 121 MINING INVESTMENT | FEBRUARY 2026 | ASX: LRV
Slide 2: The Portfolio
The Portfolio For personal use only Larvotto is positioned to be a leading Western critical mineral supplier, offering exposure to record gold and tungsten prices and a secure, strategic antimony source. Significant exploration upside from Australia wide portfolio. 2 121 MINING INVESTMENT | FEBRUARY
Slide 3: Board and Management
Board and Management Board of Directors Management For personal use only Sonja Neame Chief Operating Officer Mark Tomlinson Ron Heeks Rachelle Domansky B.Eng.(Mining), FAusIMM B.App.Sc, MAusIMM B.A, B.App.Sc (Hons), M.Ed, DipESG, MAPS, MASH, MAICD Nick Longmire Non-Executive Chair Managing Director
Slide 4: Corporate Overview
Corporate Overview Corporate Structure Shareholders 3% Board & Management For personal use only 9% Shares on Issue 517,624,674 Gage 10% Performance Rights 20,347,408 1832 Asset Management 10% US Antimony Corp Share price (30 January 2026) $1.405 68% Remaining Shareholders Market Cap (30 January 2026
Slide 5: Hillgrove Antimony & Gold Project
Hillgrove Antimony & Gold Project 2023 (December) • Acquisition of Hillgrove Project For personal use only – Cost $3M (+$5M enviro bond) – Antimony price <$10,000/t, Gold ~US$2,000/oz 2024 • Exploration to increase Resource commenced • PFS released1 • Antimony offtake completed with Wogen Resources2
Slide 6: Hillgrove Antimony & Gold Project
Hillgrove Antimony & Gold Project Ore Handling Infrastructure Road and Stockpile Pads for For personal use only Initial Mining Areas Processing Plant 500ktpa capacity to produce Gravity Au Doré Sb & Au Concentrates Water Treatment MF/RO to treat for permitted discharge Maintenance & Concentrate Supp
Slide 7: The Numbers
The Numbers 1.7 Moz AuEq @ 7.4 g/t AuEq11 Resource For personal use only (incl 96k tonnes antimony) Exploration Between 0.67 Moz-1.08 Moz AuEq12 Target Maiden 636,000 oz AuEq @ 6.6 g/t AuEq13 Reserve (incl 36k tonnes antimony) 11 & 13 See announcement ASX: LRV 5 August 2024, Hillgrove Gold-Antimony
Slide 8: Market Tailwinds
Market Tailwinds Australian Gov. $1.2B Critical Mineral Reserve Strategy14 • Antimony prioritised For personal use only Antimony - a strategic metal Larvotto Resources • China dominates global production & supply • Sharp move in 2025 due to export controls placed by China is set to produce 7% of Glo
Slide 9: Hillgrove – Pathway to Production
Hillgrove – Pathway to Production For personal use only Complete Complete Plant Pre-Feasibility Definitive Metallurgy Upgrade Study Study Feasibility Study Study Commence Commence Final Investment Plant Upgrade Project Finance Mining & Decision & Underground Commissioning Development 9 121 MINING IN
Slide 10: 2026 Focus on Execution & Exploration
2026 Focus on Execution & Exploration For personal use only Construction and Commissioning Fully Funded Final Investment Decision Reached 2025 First Production on Track 2026 10 121 MINING INVESTMENT | FEBRUARY 2026 | ASX: LRV
Slide 11: Processing Plant Refurbishment
Processing Plant Refurbishment For personal use only • EPCM works advancing on time & budget under guidance of MIQM • Major equipment removed, refurbished & upgraded • Power, water & communications infrastructure inspected & upgraded • Planned throughput increase to ~500,000tpa • Existing processing
Slide 12: Underground Development
Underground Development • PYBAR Mining Services fully mobilised For personal use only – 20km underground development over 4 years • Rehabilitation of drives and workings – Enabling safe access and preparation for stoping & ore development – Waste haulage to surface • Mine services re-established • D
Slide 13: Hillgrove Exploration Upside
Hillgrove Exploration Upside Resource growth to extend mine life • Extensive antimony-rich zones identified from surface For personal use only • Over 20km of strike in multiple zones • Limited historical surface drilling (high antimony) • Tungsten emerging as third payable product • Exploration pote
Slide 14: Social Licence
Social Licence Strong Community Engagement Supporting Hillgrove Operations For personal use only • Proactive engagement with Hillgrove residents & wider Armidale community • Workforce growing • Strong focus on local employment and relocation Community is at the heart of the Hillgrove development str
Slide 15: Mt Isa Project
Mt Isa Project Second Growth Pathway - Copper • 900km2 area For personal use only • Recent 4,111m RC drilling targeted multiple copper prospects • Exclusive option to acquire the historic Blockade Copper Mine – Granted Mining Lease ~153ha – 4,000m historic drilling – Small-scale, high-grade copper p
Slide 16: Eyre Project
Eyre Project Early Stage REE For personal use only • 30km east of Norseman, WA • Metallurgical aircore drilling to collect REE samples • REE metallurgy testwork underway to assess processing characteristics and recovery potential • Large landholding presents opportunity to exploration upside • Build
Slide 17: Contact Us
For personal use only Contact Us Suite 1, 88 Broadway Nedlands WA 6009 PO Box 3114, Nedlands WA 6009 T: (08) 6373 0112 E: info@larvottoresources.com W: www.larvottoresources.com ASX:LRV 19 121 MINING INVESTMENT | FEBRUARY 2026 | ASX: LRV
Slide 18: JORC Ore Reserve Estimate
JORC Ore Reserve Estimate Technically and economically viable high-grade project demonstrating low opex and significant high-margin production target profile. For personal use only JORC 2012 Ore Reserve Estimate17 AuEq Cont. Tonnes Au Grade Sb Grade Cont. Sb Cont. AuEq Classification Grade Au (mt) (
Slide 19: Hillgrove Mineral Resource Estimate
Hillgrove Mineral Resource Estimate JORC 2012 Mineral Resource18 For personal use only Tonnes Au Grade Sb Grade AuEq Grade Cont. Gold Cont. Sb Classification (kt) (g/t) % (g/t) (koz Au) (kt Sb) Measured 672 3.2 2.8 11.3 70 19 Indicated 4,242 4.5 1.1 7.7 608 47 Measured & Indicated 4,914 4.3 1.3 8.2
Slide 20: Cautionary Statement
Cautionary Statement Based on technical and economic studies, the Definitive Feasibility Study referred to in the DFS Summary Report examines the potential of developing the Hillgrove Antimony- Gold Mine by constructing open cut and underground mines and expanding a processing facility to produce go
Slide 21: Cautionary Statement
Cautionary Statement Nature of this document: This investor presentation (Presentation) is dated 30 January 2026 and has been Accordingly, readers are cautioned not to place undue reliance on forward-looking statements. Relevant factors prepared and authorised by Larvotto Resources Limited (ACN 645
Slide 22: Disclaimer and Important Notices (Cont.)
Disclaimer and Important Notices (Cont.) estimates in the relevant market announcements continue to apply and have not materially changed. The Company Competent Persons Statement confirms that the form and context in which the Competent Person’s findings are presented have not been Mineral Resource
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