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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 dwightkerryon Apr 26, 2023 12:07pm
54 Views
Post# 35414770

RE:Update email

RE:Update email
Great news and thanks for posting this stever50.
I'm confident they are going to give this the best try.
They are a very experienced team and the fact they are analyizing and not just drilling to "show we're doing something" tells us they are serious.
The whole sector is in a hold position. Really this is the problem. When no one (speculators) are making gains there is no excitement. When there is no excitement it's hard to attract new money. it's a negative loop. Risk off completely. That's why it's an amazing time to pick up projects for almost nothing.
But taking the time to drill in the right places, looking for potentially different valuable materials, and figuring out  the best drills to use in challenging environments is the way to go with the properties on file.
Viva Olivut !
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