Larvotto Resources Limited · ASX:LRV
Larvotto Resources — Mining News Select, Sydney 2024
19 slides from Larvotto Resources's conference presentation, March 2024
Slide 1: Larvotto Resources
MINING NEWS SELECT, SYDNEY | MARCH 2024 ASX:LRV | TGAT:K6X Larvotto Resources In-Demand Minerals Focused Australian and New Zealand Exploration Company Gold, Antimony, Copper, Cobalt, PGE & Lithium March 2024 ASX Code: LRV
Slide 2: Disclaimer and Important Notices
DISCLAIMER Disclaimer and Important Notices Unless otherwise stated herein, the information in this Presentation is based on the Company’s own information and estimates. This document has been prepared by the Company. Information in this document should be read in conjunction with other announcement
Slide 3: Disclaimer and Important Notices 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 4: 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 5: 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 3.9% Gage 29.9% Trafigura Group 1
Slide 6: Hillgrove Gold & Antimony Project
HILLGROVE, GOLD & ANTIMONY PROJECT Hillgrove Project Overview ► 1.4Moz AuEq1 Resources at 6.1g/t AuEq2 ► Resource (M&I 65.5%) available for conversion to Reserve ► World top 10 antimony deposit – Australia’s largest antimony deposit. Current price circa A$20,000/t ► Underground infrastructure and eq
Slide 7: Hillgrove Mineral Resource Estimate
HILLGROVE MINERAL RESOURCE ESTIMATE JORC Mineral Resources2 Classification Tonnes Au Grade Sb Grade AuEq Grade Cont. Au Cont. Sb Cont. AuEq Extensional & infill drilling at (kt) (g/t) % (kt) (g/t) (koz) (koz) Measured 442 3.6 3.8 9.4 51 17 134 Bakers Creek to Indicated 3,766 4.8 1.3 6.5 581 49 784 t
Slide 8: Exploration
EXPLORATION 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 – results pending ► Bakers Creek Lode, the highest-grade zone mined at Hillgrove ► 2022 drilling r
Slide 9: Hillgrove Exploration Upside
HILLGROVE EXPLORATION UPSIDE SIGNIFICANT EXPLORATION UPSIDE FROM >200 KNOWN (GAZETTED) GOLD-ANTIMONY DEPOSITS AND OCCURRENCES Known Au-Sb deposits and occurrences have potential to extend to depth. Orebodies typically gold dominant from 500m vertical depth and below. Larvotto believes Bakers Creek c
Slide 10: Metallurgical Testwork
METALURGICAL TESTWORK EXTENSIVE METALLURGICAL TESTWORK TO MAXIMISE GOLD AND ANTIMONY RECOVERIES ► Preliminary results on historic tailings storage facility (TSF1)4 ► Aim to enhance recoveries by producing higher-grade and cleaner concentrate product ► Auger results consistently above 1.3g/t Au ► Hig
Slide 11: 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 Exploration & pre-development team in-place 11
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 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 rock chi
Slide 14: Mt Isa – Drill Targets
MT ISA – DRILL TARGETS DRILL PROGRAM COMPLETED OF NEAR-SURFACE COPPER, GOLD & COBALT TARGETS ► Multiple drill-ready targets identified with untested VTEM conductors and geochemical anomalies ► Prospective for iron-sulphide-copper-gold (ISCG) style mineralisation ► Field mapping and sampling returned
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 zone8 ▪ 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: 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