Larvotto Resources Limited · ASX:LRV
Larvotto Resources — Investor Presentation (May 2024)
21 slides from Larvotto Resources's investor presentation, May 10, 2024
Slide 1: Larvotto Resources
LARVOTTO INVESTOR PRESENTATION | MAY 2024 ASX:LRV | TGAT:K6X Larvotto Resources In-Demand Minerals Focused Australian and New Zealand Exploration Company Copper, Gold, Antimony, Cobalt, PGE & Lithium May 2024 ASX Code: LRV
Slide 2: Board of Directors
BOARD OF DIRECTORS Mark Tomlinson, B.Eng(Mining), FAusIMM | Non-Executive Chair Investment Banker and Mining Engineer with over 40 years’ experience in the Australian mining sector. Most recently, Mark was a Corporate Finance Director for over 13 years with Patersons Securities in Melbourne. During
Slide 3: Corporate Overview
CORPORATE OVERVIEW Board and Key Personnel Mark Tomlinson Non-Executive Chair Ron Heeks Managing Director Anna Nahajski-Staples Non-Executive Director Nicholas Longmire Chief Financial Officer Cecilia Tyndall Company Secretary Major Shareholders Board and Management 3.48% Gage 26.71% Urion Holdings
Slide 4: Hillgrove, Gold & Antimony Project
HILLGROVE, GOLD & ANTIMONY PROJECT Hillgrove Project Overview ► 1.4Moz AuEq1 Resources at 6.1g/t AuEq ► Resource (M&I 65.5%) available for conversion to Reserve ► World top 10 antimony deposit – Australia’s largest antimony deposit. Current price circa A$24,000/t ► Underground infrastructure and equ
Slide 5: High Grade Gold Drilling Results
HIGH GRADE GOLD DRILLING RESULTS Diamond drilling at Bakers Creek confirms and extends known gold mineralisation ► Five-hole, 2,036m program targeted lower level of gold mineralisation at Bakers Creek ► High-grade intercepts include1: • BKC015 31m @ 65.8g/t Au from 244m; including 5.3m @ 220g/t from
Slide 6: Hillgrove Mineral Resource Estimate
HILLGROVE MINERAL RESOURCE ESTIMATE JORC Mineral Resources2 AuEq Cont. Cont. Tonnes Au Grade Sb Grade Cont. Sb Classification Grade Au AuEq (kt) (g/t) % (g/t) (koz) (kt) (koz) Extensional & infill Measured 442 3.6 3.8 9.4 51 17 134 drilling at Bakers Creek to test high- Indicated 3,766 4.8 1.3 6.5 5
Slide 7: Current Resource and Upside
CURRENT RESOURCE AND UPSIDE SIGNIFICANT EXPLORATION UPSIDE FROM >200 KNOWN DEPOSITS & OCCURRENCES Known Au-Sb deposits and occurrences have potential to extend to depth. Orebodies typically gold dominant from 500m. Larvotto believes Bakers Creek could become another Fosterville-type deposit. Current
Slide 8: Underground Development Area
UNDERGROUND DEVELOPMENT AREA SYNDICATE OREBODY MINE READY ► Development in-place for mine start ► Significant startup cost risk reduced ► Historical process plant recovery optimisation progressing well ► Detailed mine planning complete ► Geotechnical studies progressing ► Operational cost studies un
Slide 9: Hillgrove – Development Path
HILLGROVE – DEVELOPMENT PATH INFRASTRUCTURE RICH - EXPERIENCED TEAM ON-SITE SIGNIFICANT INSTALLED PROCESSING CAPACITY WITH SUNK CAPITAL AND INVESTMENT OF OVER $200M SINCE 2004 9
Slide 10: Metallurgical Studies
METALLURGICAL STUDIES EXTENSIVE METALLURGICAL TESTWORK TO MAXIMISE GOLD & ANTIMONY RECOVERIES ► Underground ► Focus on incremental process benefits ► Float recovery testwork ongoing ► Concentrate upgrade and cleaning underway ► MGS testwork completed ► TIMA mineralogy ongoing ► Tailings Storage Faci
Slide 11: Exploration Upside Significant
EXPLORATION UPSIDE SIGNIFICANT UNMINED HIGH-GRADE ORE READY TO GO, DRILL HITS OPEN IN ALL DIRECTIONS ► Bakers Creek and Clarks Gully priority drilling programs ► ~2,000m Diamond Drilling program at Bakers Creek completed with high grade results returned ► Multiple occurrences of visible gold ► Baker
Slide 12: Exploration Project Highlights
EXPLORATION PROJECT HIGHLIGHTS TARGETING EXPLORATION AND NEAR-TERM PRODUCTION IN AUSTRALIA AND NEW ZEALAND Australia ► Mt Isa Copper, Gold & Cobalt Project, QLD ~900km2 directly south and east of Mt Isa Along strike Mt Isa Mine and surrounds Barbara Copper Mine 2,100m RC drilling in CY23 exten
Slide 13: Mt Isa Copper, Gold & Cobalt Project
MT ISA COPPER, GOLD & COBALT PROJECT PROSPECTIVE POLYMETALLIC MINERALISATION ► ~900km2 tenure directly south and east of Mt Isa ► Along strike Mt Isa Mine and surrounds Barbara Copper Mine ► Significant exploration upside outside current targets ► Rock chips recorded up to 42.9% Cu5 ► 9% cobalt in r
Slide 14: Mt Isa – Exploration Results
MT ISA – EXPLORATION RESULTS DRILL PROGRAM OF NEAR-SURFACE COPPER, GOLD & COBALT COMPLETED ► 2023 RC drilling confirmed and extended copper mineralisation ► IXL Prospect: 20m @ 1.03% Cu from surface including 4m @ 2.48% Cu from 12m ► Yamamilla Prospect: 44m @ 0.63% Cu from 48m including 8m @ 1.64% C
Slide 15: Mt Isa – Exploration Program
MT ISA – EXPLORATION PROGRAM FOLLOW-UP EXPLORATION PROGRAM Future Work Planned 2024 ► Continuation of soil sampling program focused on following up newly identified targets ► Follow-up drilling • Geochemical anomalies at Ballara Saddle & IXL • Geophysical anomalies from recent IP Survey at Bass, Por
Slide 16: Eyre Rare Earths, Lithium & Multi-metals Project
EYRE RARE EARTHS, LITHIUM & MULTI-METALS PROJECT LARVOTTO HAS IDENTIFIED MULTIPLE LITHIUM, REO AND NI-CU-CR ANOMALIES ► 580km2 tenure in a world-class mineral field containing gold, copper, nickel, PGE, and lithium targets ► 30km east of Norseman ► Along strike from Liontown (ASX:LTR) Buldania Lithi
Slide 17: Eyre – Exploration Program
EYRE – EXPLORATION PROGRAM EXPLORATION UPDATE ► 2,400m RC drilling completed in H2 2023 identified • Ni/Cu anomalism identified in Mt Norcott RC drilling on the Jimberlana Dyke • Thick pegmatites at the Merivale Prospect with anomalous results for Lithium • Ultramafic nickel anomalism on the western
Slide 18: Ohakuri Project - Gold
OHAKURI PROJECT - GOLD EPITHERMAL GOLD PROJECT WITH LARGE EXISTING GOLD MINERALISATION ENDOWMENT ► Advanced epithermal gold system ► 10,000m drilling (2012) discovered large low- grade zone5 • 172m @ 0.41 g/t Au • 160m @ 0.32 g/t Au • 215m @ 0.21 g/t Au • 170m @ 0.24 g/t Au ► 1,924m diamond drilling
Slide 19: Disclaimer
DISCLAIMER Disclaimer and Important Notices Nature of this document: This investor presentation (Presentation) is dated 7 May 2024 and has been prepared and authorised by Larvotto Resources Limited (ACN 645 596 238) (Company). Unless otherwise stated herein, the information in this Presentation is b
Slide 20: Disclaimer continued
DISCLAIMER Disclaimer and Important Notices continued Competent Persons Statement: Exploration Results: The information in this presentation that relates to exploration results is based on information compiled by Mr. Ron Heeks, who is a Member of the Australasian Institute of Mining and Metallurgy a
Slide 21: Contact us
Contact us Suite 1, 88 Broadway Nedlands WA 6009 PO Box 496, Claremont WA 6910 T: (08) 6373 0112 E: info@larvottoresources.com W: www.larvottoresources.com ASX:LRV | TGAT:K6X
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