Larvotto Resources (LRV) Investor presentation summary

Strategic positioning and market context

• Aims to become a leading Western supplier of critical minerals, with production commencing mid-2026 and a focus on antimony, gold, and tungsten amid record prices and global supply concerns.

• Australian government’s $1.2B Critical Mineral Reserve Strategy prioritizes antimony, supporting strong market tailwinds.

• Projected to supply 7% of global antimony, leveraging high prices and early cash flow profile.

Project portfolio and resource base

• Flagship Hillgrove Project acquired in December 2023, targeting first production in mid-2026 with a JORC resource of 1.7Moz AuEq at 7.4g/t AuEq.

• Hillgrove Ore Reserve: 3.01Mt at 3.1g/t Au, 1.2% Sb, 6.6g/t AuEq, totaling 636koz AuEq.

• Mineral Resource: 8.77Mt at 4.0g/t Au, 1.1% Sb, 7.2g/t AuEq, totaling 1,135koz gold and 96kt antimony.

• Additional projects include Mt Isa (copper, gold, cobalt) and Eyre (lithium, REE, nickel, gold, copper, platinum, chromium) with significant exploration upside.

Exploration and growth strategy

• Extensive mineralized zones at Hillgrove remain open at depth and along strike, with an exploration target of 2.8–3.6Mt at 7.4–9.46g/t AuEq.

• Over 200 known deposits and occurrences on Hillgrove leases, with high-grade intercepts and multiple stacked lodes supporting future production flexibility.

• Near-mine and regional exploration aims to upgrade reserves, extend mine life, and enhance scale for a multi-decade operation.