Larvotto Resources inks gold offtake deal with Glencore
- •Hey everyone, Just read this article (I've linked it below) about Larvotto Resources and their gold offtake deal with Glencore.
- •It's for 7 years from their Hillgrove antimony-gold project.
- •Honestly, this is the kind of news I love to see in the junior mining space.
Hey everyone,
Just read this article (I've linked it below) about Larvotto Resources and their gold offtake deal with Glencore. It's for 7 years from their Hillgrove antimony-gold project. Honestly, this is the kind of news I love to see in the junior mining space. A solid offtake agreement, especially with a behemoth like Glencore, really de-risks a project in my eyes. It provides that essential revenue predictability that can make or break a smaller cap miner. I've been burned before on projects that had great resources but no clear path to market, so these kinds of deals always catch my attention. It's also interesting to see the antimony angle as a byproduct – definitely adds another layer of potential value if that market picks up. I'm always looking for ways to shore up my portfolio with tangible assets, especially with all the economic uncertainty, and gold has always been a key part of my long-term retirement planning. On that note, for anyone else thinking about physical gold, I actually used this Gold IRA Blueprint eligibility tool a while back when I was considering diversifying some of my existing paper assets into a gold IRA. It was pretty helpful for figuring out the options.
What are your thoughts on this deal for Larvotto? Do you see it as a strong endorsement for the project, or are there any red flags you guys notice? Always good to get different perspectives from this community. Curious to hear if anyone is following Larvotto or has any insights into the Hillgrove project specifically.