Larvotto Resources Limited · ASX:LRV
Larvotto Resources — Diggers & Dealers Mining Forum 2025
19 slides from Larvotto Resources's conference presentation, Aug 5, 2025
Slide 1: Hillgrove Antimony-Gold Project
Hillgrove Antimony-Gold Project For personal use only DIGGERS & DEALERS MINING FORUM August 2025 Advancing to concurrent Antimony and Gold production in NSW ASX:LRV 1 DIGGERS & DEALERS MINING FORUM PRESENTATION | AUGUST 2025 | ASX: LRV
Slide 2: Antimony – Strategic & Critical
Antimony – Strategic & Critical Use of Antimony • Solar panels • High-tech sector, semi- For personal use only conductors • Defence applications • High-tech sector, semi- • Lithium-ion batteries • Fire-retardant Larvotto Resources conductors is set to produce Critical Minerals List: Australia, US, U
Slide 3: Hillgrove Antimony & Gold Project
Hillgrove Antimony & Gold Project 2023 • Acquisition of Hillgrove Project For personal use only – Cost $8M ($5M bond) – Antimony price <$10,000/t, Gold ~US$2,000/oz 2024 • Exploration to increase Resource commenced • PFS released1 – Resource 1.7Moz AuEq @ 7.4g/t AuEq • Antimony offtake completed wit
Slide 4: Final Investment Decision Reached
Final Investment Decision Reached Hillgrove to Progress to Development and Production For personal use only Construction and Commissioning Fully Funded US$105M Senior Secured Bond AU$60M Equity Placement Completed Immediate Hillgrove Expansion to Start Production to Commence Q2 2026 4 DIGGERS & DEAL
Slide 5: Definitive Feasibility Study
Definitive Feasibility Study DFS confirms Hillgrove as a technically robust, high-margin critical minerals project8 For personal use only • LOM of 8 years with production from underground and • Project Payback 11 months open-pit • Exploration potential to increase mine life • Average 80.4koz AuEq pa
Slide 6: Site Map
Hillgrove Site Map 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 Support Building Lo
Slide 7: Key Attributes
Hillgrove Key Attributes Australia’s largest antimony deposit, Top 10 globally For personal use only • Ore Reserve of 636oz AuEq @ 6.6g/t AuEq9 • Resource 1.7Moz AuEq @ 7.4g/t AuEq10 • >$200M spent on underground infrastructure and equipment in place • Operational processing plant on care and mainte
Slide 8: Compelling DFS delivered
Compelling DFS delivered DFS delivers robust financials with significant upside at spot price of antimony and gold11 Key Project Economics $AUD For personal use only • Hillgrove Mines expected to supply 7% of global antimony Item Base Mid Spot requirements NPV (post-tax 8%) $280M $694M 1,269M • DFS
Slide 9: Exploration Upside
Hillgrove Exploration Upside Significant untested antimony mineralisation • Extensive antimony-rich zones identified from surface For personal use only • Over 20km of strike in multiple zones • Limited historical surface drilling (high antimony) • Gold focus • Mining targeted areas accessible from t
Slide 10: 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 Nick Longmire B.Eng.(Mining), FAusIMM B.App.Sc, MAusIMM B.A, B.App.Sc (Hons), M.Ed, Chief Financial Officer DipESG, MAPS, MASH, MAICD Non-Executive
Slide 11: Corporate Overview
Corporate Overview Corporate Structure Corporate Structure 3% For personal use only 38% 13% Board & Management Shares on Issue 473,971,567 Gage Unlisted Options exercisable @ 0.30 1,862,231 10% 1832 Asset Management Performance Rights 20,682,383 Remaining Top 40 Shareholders Other Share price (01 Au
Slide 12: Development Path
Hillgrove – Development Path For personal use only Complete Complete Definitive Pre-Feasibility Plant Upgrade Metallurgy Feasibility Study Study Study Study Final Commence Project Investment Upgrade and Finance Decision Mining 12 DIGGERS & DEALERS MINING FORUM PRESENTATION | AUGUST 2025 | ASX: LRV
Slide 13: Production Looming
Production Looming Bringing Australia’s largest antimony project into production in Q2 2026 For personal use only • DFS details Hillgrove Antimony and Gold Project to be: – Strong margins and rapid payback – Significant uplift using spot prices • Upside to DFS from processing, exploration and increa
Slide 14: 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 Estimate13 AuEq Cont. Tonnes Au Grade Sb Grade Cont. Sb Cont. AuEq Classification Grade Au (mt) (
Slide 15: Mineral Resource Estimate
Hillgrove Mineral Resource Estimate JORC 2012 Mineral Resource14 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 16: 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 16 DIGGERS & DEALERS MINING FORUM PRESENTATION | AUGUST 2025 | ASX: LRV
Slide 17: 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 18: Cautionary Statement
Cautionary Statement Nature of this document: This investor presentation (Presentation) is dated 8 May 2025 and has been prepared Accordingly, readers are cautioned not to place undue reliance on forward-looking statements. Relevant factors and authorised by Larvotto Resources Limited (ACN 645 596 2
Slide 19: 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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