Larvotto Resources Commences Lithium, Nickel and Platinum Drilling Program at Eyre Project
Larvotto Resources Limited (ASX: LRV), an Australian mining company focused on exploring and developing projects in Western Australia for various commodities, has announced the commencement of a reverse circulation (RC) drilling program at the Eyre Project in the region.
Located near Norseman in Western Australia, the Eyre Project comprises four key prospects: Merivale, Merivale South, Mt Norcott, and Dickie Dyke. Following a successful aircore drilling program earlier this year, Larvotto has identified geochemical anomalies and mineralisation for lithium, nickel, and platinum group elements in the Merivale, Mt Norcott, and Dickie Dyke prospects.
The new drilling program, which is expected to drill about 3,000 meters of RC holes, will target multiple commodities across these prospects. According to the company, the drilling rig is set to mobilise mid-July, and Larvotto expects to receive the results from the program in the current quarter.
Larvotto's Managing Director, Ron Heeks, remains optimistic about the potential outcomes of the drilling program at the Eyre Project. He believes that the Merivale prospect, for example, has produced soil geochemical anomalies for both lithium and nickel in adjacent zones.
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Initial aircore drilling has also defined multiple lithium mineralised pegmatite intrusions and a discrete nickel zone in ultramafic rocks. Heeks added that the Mt Norcott and Dickie Dyke prospects show well-defined nickel geochemical highs associated with the Jimberlana Dyke, which also holds the potential for platinum group elements.
With the start of the RC drilling program, Larvotto Resources is looking forward to further advancing the exploration and development of its Eyre Project, which is considered highly prospective for lithium, rare earth elements, nickel, and platinum group elements.
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