Earnings release
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31 July 2026 Larvotto Resources Limited - ASX Announcement June 2026 Quarterly Report Highlights L R Hillgrove Antimony - Gold Project Staged commissioning of the Minerals Processing Facility has commenced ( post Quarter ) , using ore from Metz underground mine . . Initial Midas Lode Exploration Target delivered , with preferred target of 3.95Mt @ 5.16g / t AuEq for 656,000oz AuEq . • • . Midas is directly along strike from Syndicate Lode and is directly accessible from surface and existing underground development , highlighting its near - mine growth potential . Strong drilling results continued to extend high - grade gold - antimony - tungsten mineralisation at Metz Mining Centre , supporting resource growth and mine life extension . Best results from Midas : 8.0m @ 16.11 g / t AuEq ( including 4.5m @ 27.78 g / t AuEq ) and 13m @ 8.56 g / t AuEq supports the Midas Lode Exploration Target , and its potential to contribute to near term resource growth . Best results from Blacklode : 31.5m @ 4.35g / t AuEq and 1.4m @ 21.8g / t AuEq , alongside tungsten intercepts of 0.4m @ 9.09 % WO3 . Historic Curry's Block review confirmed a high - grade gold - antimony - tungsten system over a 1km strike , with drilling approved to commence next quarter . Metallurgical test work confirmed strong recoveries from historic TSF1 tailings , demonstrating the potential to recover gold and antimony while rehabilitating the legacy tailings facility . Multiple drill rigs continue to operate at Hillgrove , targeting resource growth and further reserve expansion . Mt Isa Project . . Due diligence drilling completed at Blockade – option exercised post quarter to proceed with the exclusive right to explore , develop and mine the Blockade Copper Mine . Proposed tactical and strategic acquisition of Hammer Metals ( ASX : HMX ) to expand Mt Isa copper holdings with a strong outlook for copper and global copper demand forecast to increase . Corporate . • Appointment of former Federal Senator , The Hon . David Fawcett , as Strategic Advisor to provide independent , high - level advice . Transaction for Larvotto to acquire Hammer Metals unanimously recommended by Hammer Board . Proposed placement to Glencore of $ 15 million at a 15 % premium demonstrates significant support for advancing Larvotto's Mt Isa strategy . This strategic investment by Glencore will fund accelerated progression of Larvotto's Queensland copper strategy . Fully - funded for the restart of the Hillgrove Mine with strong cash position $ 88 million . LARVOTTO RESOURCES LIMITED Suite 1 , 88 Broadway , Nedlands WA 6009 | PO Box 3114 , Broadway Nedlands WA 6009 | +61 ( 8 ) 6373 0112 info@larvottoresources.com | www.larvottoresources.com | ABN 16 645 596 238 | Page 1 of 2 ASX : LRV