Larvotto Resources Limited has released detailed findings from its Hillgrove Antimony and Gold Project in New South Wales, highlighting the potential of tungsten as a valuable by‐product. The announcement outlines an initial mineral resource of 4,774 tonnes of WO3, integrated into a broader resource that has been predominantly assessed for gold and antimony. With tungsten prices now around USD 48,000 per tonne, the company sees new revenue potential from extracting tungsten, which has historically been mined along with gold and antimony. The technical report provides extensive details on resource estimates across several areas within the Hillgrove system. Notably, high-grade tungsten mineralisation has been identified in zones such as Clarks Gully and Brackins Spur. The Clarks Gully deposit, with measured resources grading around 0.06% WO3 and several drill intercepts recording up to 2.00% WO3 in short intervals, demonstrates the potential for economic recovery. At Brackins Spur, tungsten grades reach approximately 0.19% WO3, with drilling intercepts showing valuable tungsten intervals, further reinforcing the opportunity for tertiary processing alongside established gold and antimony production. Technical indicators included in the announcement cover detailed drill results, resource modelling based on gold equivalent cut-offs, and various mining methods such as underground sulphide, open pit, oxide, and transitional resource extractions. The modeling incorporates material components such as gold and antimony grades (for example, measured resources of 672 kt averaging 0.08% WO3 and indicated resources of over 4,200 kt with slightly lower tungsten percentages), which are used to derive gold equivalent values and assess economic viability. The company’s existing plant already contains a tungsten gravity circuit, paving the way for potential integration of tungsten extraction into its processing operations. Market sentiment based on this news shows bullish elements, as the enhanced focus on tungsten represents a diversification of revenue streams and a potential de-risking factor for the broader project. The identification of coherent tungsten zones and positive drill intercepts may appeal to investors looking for exposure to critical metals with promising price dynamics. On the other hand, there is cautious sentiment given that tungsten recovery as a by-product still requires further detailed metallurgical studies and additional drill-core evaluations to fully define its economic extraction potential. The evolving nature of the resource model means that some uncertainty remains until further work confirms the full-scale viability of tungsten production. Overall, the technical details reveal that Larvotto Resources Limited is now positioning its Hillgrove Project not only as a gold and antimony asset but also as a promising source of tungsten—an essential industrial metal—suggesting exciting opportunities ahead if further validation of the resource potential proves successful.