Lovitt Resources Ltd. (TSXV: LRC) – Company Acquires Additional Historic Drill and Krig Data for Lovitt Gold Mine

Fundamental Research Corp. | July 16, 2010 | 7:28 am Precious Metals Gold

Acquisition of Historic Data

The company recently acquired additional historic data relating to the Lovitt Gold Mine in Wenatchee, WA. The data includes a set of Krig diagrams generated by Asamera Minerals Inc. based on underground drilling, surface drilling and underground sampling completed by several previous operators. The Krigs were generated by Asamara during a program to define an open pit resource and utilized dimensions of 20 ft by 20 ft by 50 ft per Krig block (approximately 6 by 6 by 15 meters). The Krig diagrams (35 sections in total) indicate mineralization over a vertical distance of 500 feet (152 meters) and width of 600 feet (183 meters) including two distinct high grade blocks.

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