Larvotto Resources Says Tungsten Viable Byproduct at New South Wales Antimony-Gold Project, Reports Initial Tungsten Mineral Resource

MT Newswires Live05-16

Larvotto Resources (ASX:LRV) said it considers tungsten to now be a viable byproduct at its Hillgrove antimony-gold project in New South Wales at the higher price of around $48,000 per tonne and reported an initial mineral resource for the metal at the project, according to a Friday Australian bourse filing.

The initial tungsten resources for mineralization contained within the gold-antimony zones came in at 8.8 million tonnes at 0.05% grade of tungsten trioxide at the project for 4,774 tonnes of contained tungsten trioxide.

The current process plant configuration at the project already has a tungsten extraction circuit.

The metal was modeled and interpolated for its recent definitive feasibility study, but it was not factored into the study. It will now be a near-term focus for upcoming detailed metallurgical studies.

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