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Article: Lovitt Resources Inc.: Fall Exploration Program Detailed.
- Article from:
- Marketwire Canada
- Article date:
- September 10, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Sep 10, 2009 (Marketwire via COMTEX) -- The Board of Directors of Lovitt Resources Inc. ("LRC") (TSX VENTURE:LRC) has resolved to execute an exploration program on the patented claims of its wholly owned subsidiary, the Lovitt Mining Company, as recommended by Watts, Griffis and McOuat Ltd. ("WGM") in their NI 43-101 report on the Lovitt-Day gold mine dated July 31, 2009. The report recommends a two phase exploration program with a budget of CDN $ 656,000. The initial phase of exploration will consist of geophysical and geochemical surveys with follow-up surface diamond drilling. The company is in negotiations with contractors to start the ...