ASX-listed Larvotto Resources has intersected significant new zones of copper mineralisation at its Mt Isa project, in Queensland.
Announcing the results of its drilling conducted on the Yamamilla and IXL prospects within the Mt Isa project, MD Ron Heeks said that the 2 100 m reverse circulation programme was “very successful”.
“The IXL result has identified a new mineralised structure and has become a new priority target. At Yamamilla, it is encouraging to receive a shallow intercept of 1.64% copper that will also require follow-up drilling,” said Heeks.
Following the success of this initial drill programme, Larvotto has commenced planning for follow-up exploration programmes. Geophysical surveys will be conducted to assist in the targeting of the next phase of drilling along with interrogating the multi-element data associated with this drilling. Future on-ground mapping and structural analysis will also be conducted.
Further, Larvotto said it has been granted EPM28406 for a term of five years. The company applied for the 48 km tenement to cover gaps in the Mt Isa project tenure and surround the Blockade mine lease and potential extensions to the Blockade mineralisation.