Larvotto Resources Limited (ASX: LRV) has strengthened its Mt Isa copper growth strategy by exercising its option to secure the exclusive rights to explore, develop and mine the Blockade Copper Mine after successful due diligence drilling. The reverse circulation drilling program confirmed broad and continuous copper mineralisation beneath the historic open pit, with standout intersections including 31 metres at 1.16% copper from 63 metres, including higher-grade zones of up to 1.86% copper. Copper mineralisation extends beyond the current drilling limits both laterally and at depth, indicating considerable scope for additional resource growth.
The Blockade project sits on a granted mining lease within Larvotto’s existing Mt Isa landholding, providing a strategic advantage for accelerated development. As consideration, the company will issue $400,000 worth of shares, while retaining an option to acquire the mining lease outright for $1 million. Larvotto plans to commence resource definition drilling in the third quarter of 2026, deliver a maiden Mineral Resource Estimate, begin scoping studies and progress permitting activities, positioning Blockade as a cornerstone asset in its regional copper production strategy.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Larvotto Resources Limited Exercises Blockade Copper Mine Option Following Strong Drilling Success
Larvotto Resources Limited (ASX: LRV) has strengthened its Mt Isa copper growth strategy by exercising its option to secure the exclusive rights to explore, develop and mine the Blockade Copper Mine after successful due diligence drilling. The reverse circulation drilling program confirmed broad and continuous copper mineralisation beneath the historic open pit, with standout intersections including 31 metres at 1.16% copper from 63 metres, including higher-grade zones of up to 1.86% copper. Copper mineralisation extends beyond the current drilling limits both laterally and at depth, indicating considerable scope for additional resource growth.
The Blockade project sits on a granted mining lease within Larvotto’s existing Mt Isa landholding, providing a strategic advantage for accelerated development. As consideration, the company will issue $400,000 worth of shares, while retaining an option to acquire the mining lease outright for $1 million. Larvotto plans to commence resource definition drilling in the third quarter of 2026, deliver a maiden Mineral Resource Estimate, begin scoping studies and progress permitting activities, positioning Blockade as a cornerstone asset in its regional copper production strategy.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au