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Larvotto Resources (ASX:LRV) concludes RC drilling at Eyre project, WA

ASX News, Materials
ASX:LRV      MCAP $21.77M
22 August 2023 16:02 (AEST)

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Larvotto Resources (LRV) has wrapped up a 2383-metre reverse circulation (RC) drilling effort across multiple prospects within its Eyre project in Western Australia.

The company targeted lithium at its Merivale prospect, while also testing for nickel and platinum group elements (PGE) at its Merivale and Mt Norcott prospects.

“At Merivale, we successfully tested both the lithium and nickel soil geochemical anomalies whilst, at Mt Norcott, our focus was on the nickel geochemical targets which demonstrate the potential to host PGE mineralisation,” LRV Managing Director Ron Heeks said.

The company announced it intersected multiple pegmatite zones up to 30 metres thick downhole.

The aim of the program was to penetrate the hard pegmatite zones to test their full width and depth potential in the areas identified by the aircore drilling.

Larvotto reported that due to unexpected road access, it was unable to test the Dickie Dyke prospect in its latest drilling efforts, but will be a focus of the next round of drilling.

All assays from this latest round of drilling were submitted and anticipated to return in September.

Shares in LRV last traded at 13.5 cents.

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