Larvotto Resources (LRV) Investor presentation summary

Strategic positioning and portfolio

• Aims to become a leading Western supplier of critical minerals, with exposure to record gold and tungsten prices and a secure antimony source.

• Portfolio includes Hillgrove (NSW, gold/antimony), Mt Isa (QLD, copper/gold/cobalt), and Eyre (WA, lithium/REE/nickel/gold/copper/platinum/chromium).

• Significant exploration upside across all projects.

Hillgrove Antimony & Gold Project development

• Acquired in December 2023 for $3M plus $5M environmental bond.

• Progressed through PFS (2024), DFS (2025), and secured offtake with Wogen Resources.

• Achieved project finance: US$105M senior secured bond and AU$70M equity raise.

• Final investment decision reached, EPCM and underground contracts executed, construction fully funded.

• First production targeted for 2026.

Resource and reserve highlights

• Hillgrove resource: 1.7Moz AuEq @ 7.4g/t AuEq, including 96kt antimony.

• Maiden reserve: 636koz AuEq @ 6.6g/t AuEq, including 36kt antimony.

• JORC 2012 Ore Reserve: 3.01Mt @ 3.1g/t Au, 1.2% Sb, 6.6g/t AuEq (304koz Au, 35.8kt Sb, 636koz AuEq).

• Mineral resource: 8.77Mt @ 4.0g/t Au, 1.1% Sb, 7.2g/t AuEq (1,135koz Au, 96kt Sb).