Project 7 statements
The deposit 5
What was actually said
deposit type
high-grade antimony mine with high-grade gold
“we are bringing on Australia's largest antimony mine that also has high-grade gold”
Unknown speaker·
08 Oct 2025·
exploration upside
somewhere between 10 and 40% of gold depending on where you are in your body reports as free gold
“and gold bars cuz about 10% of our somewhere between 10 and 40% of our gold depending on where you are in your body uh reports as free gold.”
Unknown speaker·
08 Oct 2025·
exploration upside
40,000 ounces of gold, with 5,000 tons of antimony, about 140,000 ounce producer
“You know, it's 40,000 ounces of gold. That doesn't sound huge, but as I say, with 5,000 tons of antimony put on top of that, it's about 140,000 ounce producer.”
Unknown speaker·
08 Oct 2025·
Show the other 2 statements
grade
high-grade narrower or body
“it's a high-grade narrower, uh, or body certainly is a little bit trickier than than some.”
Unknown speaker·
08 Oct 2025·
resource size
14,000 tons of antimony concentrate which is about 5,000 tons of antimony metal, 14,000 tons or so of gold concentrate at about 50 g of a ton
“DFS we put out about 14,000 tons of antimony concentrate which is about 5,000 tons of antimony metal um 14,000 tons or so of gold concentrate at about 50 g of a ton”
Unknown speaker·
08 Oct 2025·
Jurisdiction 1
What was actually said
region
Armadale, Victoria to Queensland and through New South Wales
“We're um only a short distance from the main uh power line that runs from Victoria to to Queensland and through New South Wales. So that's literally just up the road.”
Unknown speaker·
08 Oct 2025·
Technical risk 1
What was actually said
metallurgy
12 months of really intensive metallurgy, plant has produced antimony concentrate before, produced gold concentrate and produced gold before
“We tied that in with u 12 months of really intensive metal urgy. But of course the plant has done all this before. It's produced antimony concentrate before it's produced gold concentrate and it's it's produced gold before.”
Unknown speaker·
08 Oct 2025·
Economics 6 statements
Economics 4
What was actually said
capex
about $150 million job
“So about $150 million job to do that.”
Unknown speaker·
08 Oct 2025·
key assumption
70 million Aussie build on the 500,000 ton plant, about $50 million of underground development
“we're taking that to 500,000 to lower it costs and it it's better suited for the size of your body as well. Uh that's about a 70 million Aussie build on that. Uh we've got about $50 million worth of underground development.”
Unknown speaker·
08 Oct 2025·
operating cost
increasing the capacity of the plant to 500,000 tons, making it better suited for the mine lowering unit costs
“we moved the project forward largely to do what they were doing but uh increasing the capacity of the plant uh making it better suited for the for the mine lowering unit costs and and we put a lot of effort into metal urgy”
Unknown speaker·
08 Oct 2025·
Show the other 1 statement
price assumption
very conservative on gold and very conservative on antimony, Antimony at 60,000 a ton at the time, 20,000 more than what was in feasibility study
“So, we're very conservative on on gold and very conservative on antimony. But yes, antimony critical metal uh most critical of the criticals um used in armaments, used in solar panels, uh fire retardants. Uh it's it's become the the metal that everybody everybody wants. Uh China banned export of antimony. Uh the US doesn't mine or produce any of any significance at all. U so there was immediate deficits around the world for Yeah. What is the most critical of the critical minerals? >> Abs. Absolutely. I think the uh the the DoD or DOW is it department of war um in the US has um is investing into at equity level in the the very few um antimony potential producers in in North America at the moment. Um well, let's get on to the important bit which is obviously the the the buildout. So in terms of the engineering design um the the I guess the execution model is what I'm interesting. How is the build being managed? >> Uh we're using uh MKA interquip minres which is part of the t group. Um th”
Unknown speaker·
08 Oct 2025·
Financing 2
What was actually said
capital needed
$150 million
“So about $150 million job to do that.”
Unknown speaker·
08 Oct 2025·
financing status
raised 100 US in a bond and $60 million capital raise via the ASX
“we we raised 100 US in a bond. Uh a lot of people ask why did we do a bond? There's there hasn't been a bond done in Australia for more than a few years. Um why? Because we could. A lot of projects just aren't able to do that. The story was good enough. uh the cash flows out of it was good enough. It's a very very simple mechanism. Uh it was very very professionally done. Uh we enjoyed working with the people and and the flexibility was there to do it the way you wanted rather than financially saying you've got to do it like this and this is how it is. It was more model to how we were going to work. Uh and then on top of that uh we did a $60 million capital raise um via the ASX.”
Unknown speaker·
08 Oct 2025·
Timeline 2 statements
Timeline 2
What was actually said
construction start
build is underway now
“So we're doing the the long hole drilling and the blasting. Um and we have the development crew which is an external contractor of uh you know well known in Australia. Uh we haven't strictly signed the signed the contract yet so I won't say their name but uh you know they they understand where we're working and the environment we're working in. So that that's great. Um yeah so many synergies going on for where we are.”
Unknown speaker·
08 Oct 2025·
first production
the build will be finished at the end of Q2 and commissioning to start immediately in Q3, full production midyear
“the build will be finished at the end of Q2 uh and commissioning to start um immediately in Q3 um next year. So we're we're on track to be producing at the end of end of Q2.”
Unknown speaker·
08 Oct 2025·
Corporate 2 statements
Management 2
What was actually said
prior exit
ASX listed company
“I'm managing director of Lovato Resources, ASX listed company in Australia”
Unknown speaker·
08 Oct 2025·
track record
came to the project two years ago, picked it up from administrators, moved project forward increasing plant capacity and lowering unit costs
“we came to the project uh two years ago. Now uh it was in administration from a company that was putting it into production and unfortunately they had a catastrophic failure of another one of their operations. Uh ended up in in all sorts of financial issues due to that. um this operation became part of that. So we we picked up the pieces from the administrators and moved the project forward largely to do what they were doing but uh increasing the capacity of the plant uh making it better suited for the for the mine lowering unit costs and and we put a lot of effort into metal urgy”
Unknown speaker·
08 Oct 2025·
Sources 1 interview
Every interview 1
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 08 Oct 2025 | Crux Investor | Larvotto Resources (ASX:LRV) - Australia's Largest Antimony Mine Enters Construction Phase | 17 |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is Larvotto Resources's project and where is it?
Larvotto Resources is a developer antimony company, with a project stated to be in Queensland, Australia. Everything here is drawn from its executives' own interviews.
Which interviews mention Larvotto Resources?
We track 1 interview mentioning Larvotto Resources, across 1 channel (Crux Investor).
What are investors saying about Larvotto Resources?
No independent commentary is on record yet — so far the page carries only the company's own voice.
What do recent interviews with Larvotto Resources cover?
The most-discussed topics on record are the deposit, economics, financing, timeline — each claim quoted and dated in the sections above.