Lov(e)itt Wortspiel mit Potential - 500 Beiträge pro Seite

[MVAGO]

“ A Unique Report Service for the Intelligent Resource Investor”
Vince “Stateside” Marciano, MBA, CPA
Email: mailto:[e-mail]
Website: http://www.statesidereport.com
Introducing:
“A high-grade gold property for free.....you gotta Lovitt”
“A high-grade gold property for free.....you gotta Lovitt”
A high grade gold deposit with only 5 million shares outstanding
A high grade gold deposit with only 5 million shares outstanding
November 2009
November 2009
Name: Lovitt Resources Trades on: Canada-TSX Venture LRC
US – Over the Counter LRCFF
Issued Outstanding Shares: 5.1 million Current Share Price (10/30/09): $.37/share CAD
Total Fully-Diluted Shares: 5.1 million Fully Diluted Market Cap: $ 1.8 million
Warrants and Options: None
President: Lorne Brown Primary Geographic Region: Washington, USA
Email: [e-mail] Primary Resource: Gold/Silver
Phone: [phone] Website: http://www.lovittresources.com

[MVAGO]

Investment Analysis for Intelligent Investors
Analyst

Vincent Weber, B.Sc.
Research Associate—Mining

Yan Lan, BBA
Research Associate

July 7, 2010

Lovitt Resources Ltd. (TSXV: LRC) – Company Acquires Additional Historic Drill and Krig Data for
Lovitt Gold Mine


Sector/Industry: Junior Exploration/Mining www.lovittresources.com


Market Data (as of July 7, 2010)
Current Price C$0.45
Fair Value C$3.00
Rating* BUY
Risk* 5 (Highly Spec)
52 Week Range C$0.14 – C$1.35
Shares O/S 6.41 mm
Market Cap C$2.89 mm
Current Yield N/A
P/E (forward) N/A
P/B -3.20
YoY Return 221.4%
YoY TSXV 26.6%
*see back of report for rating and risk definitions
0
30000
60000
90000
120000
03-Jul-09 02-Nov-09 04-Mar-10 04-Jul-10
0.00
0.40
0.80
1.20
1.60
2.00

[MVAGO]

New Data Confirms Gold Potential

Vancouver, BC June 21, 2010 Lovitt Resources Inc.(‘the Company”) is pleased to
announce that it is planning a diamond drilling program on the patented claims of its
wholly owned Lovitt Gold Mine in Wenatchee, WA. The purpose of the program will be to
develop a commercial NR43-101 ore reserve by targeting areas rich in historic data. The
company recently discovered a set of Krig diagrams generated by Asamera Minerals Inc.
with data developed from hundreds of diamond drill cores drilled from underground in the
Lovitt Mine. in the 1980’s. Asamera had optioned part of the Lovitt Mine with the
objective to develop ore to extend the life of its directly adjoining Cannon Mine. The
“Krigs” are 20 ft x 20 ft x 50 ft blocks of 1554 short tons each and each block was
assigned a gold grade based on at least five samples per block. This process defined several
hundred thousand tons of open pit material in the first two thirds of the patented claims,
over a vertical distance of 500 feet and a width of 600 feet. The company plans to drill the
higher grade blocks to define commercial grades to an average of at least 0.20 oz/ton or
6.86 gm/t. There is further potential for ore to depth, and to the northeast within the
patented claims. Analysis to date shows the concentration of gold in two distinct blocks,
Block 1 in the first 700 feet from the 1250 portal, and Block 2 between 1,400 feet and
1,800 feet. Initial calculations show the possibility of 257,180 tons of .205 oz
Au/ton(7.02gm/t) in Block 1, and 131,761 tons of .208 tons Au/ton (7.12 gm/t) for 52,773
ounces in Block 1 and 27,420 ounces in Block 2, or total potential gold of 80,193 ounces.
Block 3 in the back third of the mine was not explored by Asamera, but the company
sampled this area extensively over the past two years, as recently reported in a news
release dated March 15, 2010.

These resources are historic in nature and pre-date NI 43-101 requirements, so cannot be
relied upon, but introduce new data which is consistent with geologic estimates by
consultants in every report tendered between 1982 and 2009. This news release was
reviewed and approved by our Director James Proudfoot, P Eng., a qualified person under
NI 43-101.

The Lovitt Gold Mine was the 6th largest gold mine in the USA when it suspended
operations in 1967 after producing 420,000 oz of gold and 620,000 oz of silver over a
seventeen year period with an average grade of 0.40 oz of gold per ton (or 13.7 gm Au/t).
The directly adjoining Cannon Mine produced 1,200,000 oz of gold and over 1,900,000 oz
of silver at an average grade of 0.30 oz Au/ton (or 10.3 gm Au/t) between 1984 and 1995.

[fuchsdennis]

http://www.lovittresources.com/_resources/news/nr_2012_01_10…

Drill Permit for the Wenatchee Gold Belt

Vancouver, B.C. January 10, 2012 Lovitt Resources Inc. (TSXV: “LRC”, “the Company”) is pleased to announce that the public comment period regarding the drill permit for the Matthews property in Chelan County WA State has passed without opposition. Therefore the permit is now in effect for one year with an expiry date of December 21, 2012.

The company has begun the work of spotting drill holes with Surpac™, a Gemcom Software International Inc. product, the leading 3D software for mineral exploration. The company also intends to enter the historic data of the Lovitt Gold Mine over nine levels and 7 miles of tunnels to accommodate further exploration on its wholly owned mine property. Surpac data input will encompass long hole drill assay data, muck sample assay data, production data and wall sampling from its 1950 t0 1967 production years, as well as considerable exploration data assembled by the Anaconda Mining Company, Cyprus Anvil Exploration, and Asamera Minerals (US) Ltd. operator of the adjoining Cannon Mine, in past exploration programs from 1972 to 1992.
Data on the Matthews and Lovitt Gold Mine will be available in 3D when available on the website of the company at: http://www.lovittresources.com

The Lovitt and adjoining Cannon gold mines jointly produced over 1.6 million ounces of gold and 2.4 million ounces of silver with a joint average grade of 10.3 gm/t gold and 17 gm/t of silver.
The company is reviewing financing options to complete 4,000 meters of drilling in Phase 1 without interruption. A drill contract has been signed and a drill rig is available immediately. Phase 2 will be dependent upon Phase 1 drill results, anticipated to take approximately two months from the start date.