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.
This news release was reviewed and approved by our Director
James Proudfoot, P Eng., a qualified person under NI
43-101.
For more detailed information, please refer to the website of
the Company at:
http://www.lovittresources.comor eMail: info@lovittresources.comor call Lorne Brown, President of the Company at
(509)668-8170.
distribué par | Ce noodl a été diffusé par Lovitt Resources Inc. et initialement mise en ligne sur le site http://lovittresources.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-10 22:34:38 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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