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Larvotto Resources Limited (ASX:LRV)

ALERT: Price-sensitive ASX Announcement for LRV
Current share price for LRV : $1.260 0.23 (22.33%)+
Announcement
Release
31 Oct 2025 9:21AM
Price at Release
$1.030
Full Release
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Summary
Larvotto Resources Limited, listed as ASX: LRV, has announced its quarterly activities report for the period ending 30 September 2025. The company approved the Final Investment Decision for the Hillgrove Antimony-Gold Project in New South Wales, following a successful completion of a US$105 million Senior Secured Bond and a A$70 million equity raising, fully funding the project. The Hillgrove Project, comprising 254 km², is one of the top ten global antimony deposits and the largest in Australia. The site also includes high-grade gold and untested tungsten mineralization. During the quarter, Larvotto reported significant high-grade drill results and commenced plant upgrades with multiple rigs on site. The Appendix 5B cash flow report details a robust financial position with significant cash inflows from financing activities, ensuring a well-funded status for impending projects.
Key Points
  • Final Investment Decision approved for Hillgrove Antimony-Gold Project.
  • Successful completion of US$105M bond and A$70M equity raising.
  • Hillgrove Project is a top 10 global antimony deposit.
  • Significant high-grade drill results reported.
  • Robust financial position with substantial cash inflows.
  • Processing plant upgrade commenced.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.