2026production

Hillgrove Underground Project Roars Back to Life — Antimony & Gold Restart (ASX: LRV)

Larvotto Resources has officially commenced underground development at the Hillgrove Antimony–Gold Project near Armidale, New South Wales, marking a major milestone toward first production in 2026.

🚧 Development Underway: Contract mining firm PYBAR has begun underground decline, lateral works, ground support installation, and haulage at Metz and Garibaldi zones as part of the restart.

🪙 Targeting 2026 Production: Larvotto anticipates antimony and gold output beginning in 2026, following recent milestones in project financing, approvals, and contractor mobilization.

🔗 Strategic Importance: Hillgrove is one of the few antimony projects advancing toward production outside China and could supply ~7% of global antimony demand alongside gold.

Why It Matters
🧠 Critical Minerals Play: Antimony is classified as a critical mineral essential for flame retardants, semiconductors, and defence applications. Hillgrove’s restart boosts supply diversity at a time of tight global stock.

📈 Growth Momentum: Delivery of underground works and processing upgrades positions Hillgrove for ramp-up toward commercial production and revenue generation in 2026.

Underground development initiation is a turning point — transforming Hillgrove from care-and-maintenance status into execution mode with real production potential in sight.

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