Bullboard - Stock Discussion Forum Olivut Resources Ltd V.OLV

Alternate Symbol(s): OLVRF

Metals & Mining Industrial Metals & Minerals

Olivut Resources Ltd. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company’s projects include the HOAM project and Seahorse project. It has a 100% interest in certain permits in the HOAM project located in the... see more

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TSXV:OLV - Post Discussion

Olivut Resources Ltd > Press Release TODAY

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Post by DRILLFILLBILL on Jun 07, 2023 6:40pm

Press Release TODAY

Nice to see REEs present in those samples. However, with no money to do a drill project, it's hard to get excited about this. JedDavis: Do you see any reason to get excited about this news release??

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Comment by stever50 on Jun 07, 2023 7:52pm

Think they are hoping the REE's will fund there entire project

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Comment by JedDinvestor on Jun 07, 2023 11:00pm

DRILLFILLBILL: I was afraid that you were going to ask me that question. :-) The news is definitely positive. There would be no further testing if there were scant amounts of REEs. So the question is this: Is there enough REEs in the substrate to make exrtraction economically feasible? Here is the protocol: 1. Confirmation of previous results (It was not a fluke) ...more

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Comment by stever50 on Jun 08, 2023 8:38am

Sure seems something good to look forward too, it's been a long wait. More news to come

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Comment by Ekatikki on Jun 08, 2023 9:54am

Well, I don't see much new in the NR. Confirmation of REEs but that we knew already albeit now it is a bit clearer. But we can't expect much more, isn't it? Same with my ADD. Huge potential but when it stays with that you earn nothing. Eka

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