Lovitt Resources

Welcome to Lovitt Resources Inc.

Lovitt Resources Inc. is a Vancouver based Canadian Company focused upon developing a gold resource in North America and other safe jurisdictions. The premier asset of the company is its wholly-owned Lovitt Mining Company of Wenatchee, WA (“LMC”). LMC has substantial real assets 1 1/2 miles SE of Wenatchee, WA, including the Lovitt Gold Mine and the surrounding 250 fee simple acres. The Lovitt Gold Mine was in production in the 1950’s and 60’s, directly adjoined by the Cannon Gold Mine, in production from 1985 to 1995. The two mines are on the seven mile Wenatchee Gold Belt (“WGB”), with LMC in the centre. The WGB has significant historic gold showings along the seven mile NW-SE trend open at both ends. When the Cannon Mine published world class diamond drill results in 1984, 72 companies staked or leased claims, beside and on trend for miles to the NW and SE of the Cannon Mine on the City limits of Wenatchee. The Lovitt and Cannon gold mines, about one mile apart, historically produced about 1.62 million ounces of gold, a gross value of over $ 2.8 billion at a current gold prices of about $1,750 per ounce. The Company intends to conduct a deep diamond drill program in 2022 to test for gold below the known workings of the Lovitt Gold Mine. The company trades on the TSX Venture Exchange with stock symbol: “LRC”.

Highlights:

  • 14,917,973 shares outstanding,
  • Located in a favorable jurisdiction, with excellent exploration potential.
  • Close to major infrastructure: Main E-W rail hub within 2 miles, skilled labor pool, local power, and excellent roads.
  • Mine is located on private land, with high tech surveillance to ensure privacy. The mine workings are encapsulated in 250 private acres.
  • Revenue potential in surface material of gravel, clay, and gold ore.
  • Extensive exploration database from past work by major mine exploration companies like Teck Corporation, Cyprus-Anvil, and Asamera Minerals (US) Inc. including extensive maps, records and reports from 16 yrs. of Lovitt Mine operations and exploration over the entire Wenatchee area.

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