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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.


TSXV:OLV - Post by User

Comment by JedDinvestoron Mar 12, 2022 2:34pm
139 Views
Post# 34509221

RE:RE:RE:I Think the Landscape Has Changed

RE:RE:RE:I Think the Landscape Has ChangedEkatamine:
There is little or no production because we are just getting started in the westen hemisphere and we have a lot of catching up to do. The Biden administreation just gave MP Materials (California) 35 Million to develop the extraction and processing without involviung China.
Any find where REEs are in sufficient supply so as to make extraction economically feasible, is a big help! The governments of Canada and the USA will be right there!
Remembver, producing pure REEs is a very arduous task because each substrate is unique and unlike gold or silver and most other minerals, each extraction may take an entirely different chemistry or process. 
I am all for diamonds and if they find them, wonderful! But I think there is a greater chance of finding REEs. That region of Canada is slowly becoming a an important center of REE activity in the world. If they find REEs, we all will benefit $$$. My shares of olv.v are staying right with me. Maybe one of the best opportunities I have right now. Just look at the size of the HOAM ands where it is and what has been found!
JD
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