$LRCFF Lovitt Gold Mine Resumes Sampling ACC
Post# of 273254
Lovitt Gold Mine Resumes Sampling
ACCESSWIRE - Mon Sep 12, 9:29AM CDT
VANCOUVER, BC / ACCESSWIRE / September 12, 2016 / The Board of Directors of Lovitt Resources Inc. (TSXV: LRC.H) (the "Company", announce that the Company has resumed sampling in the Lovitt Gold Mine in Wenatchee, WA. Two areas of the mine are of immediate interest, designated the I-3 and the I-49 with substantial tonnage of broken rock, parts of which could be ore bearing. The I-3 is located within 250 feet, and the I-49 within 1,700 feet of the 1250 level adit. Historic reports and production records indicate both areas had produced up to 100,000 tons of ore each, with gold grades consistent with the mine average of 13.7 gm/t. In the past the Company reported that 47 samples in the I-49 on a grid of 25 X 25 feet, with a five foot sampling radius produced an average grade of 6.6 gm/t Au. The rock material in the I-49 is in a stope of approx. 80 x 120 feet with material at an angle of repose of 30%. Historic records indicate the material may extend down 260 feet to the 1190 level.
LRC-H.VN: 0.050 (unch)
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