Australia's Larvotto Resources rises on potential gold find at NZ project

Larvotto Resources

25/11/2022 03:36

** Shares of Larvotto Resources  LRV.AX  jump as much as
8.6% to A$0.19, their best intraday gain since Nov. 2
    ** Says surveys at its Ohakuri project in New Zealand's
North Island confirmed potential for gold 
    ** "The current survey.... continues to indicate that
previous drilling was misaligned from the potential mineralising
source rocks" - LRV 
    ** Adds that the survey has allowed it to select sites for
diamond drilling, to begin as soon as a rig becomes available 
    ** LRV up 40% YTD, as of last close 
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))