Lovitt Resources Inc.
TSX VENTURE : LRC

Lovitt Resources Inc.

December 08, 2009 13:19 ET

Lovitt Board Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2009) - The Board of Directors of Lovitt Resources Inc., ("the Company") (TSX VENTURE:LRC) is pleased to announce that it has elected David J. Straw to its Board of Directors.

Mr. Straw is a geologist with over 50 years experience in all phases of mineral exploration, project development, joint ventures, mine development and production, valuation and finance across most commodities including gold, silver, tin, tungsten, base metals, iron ore, mineral sands, uranium and coal. He has wide experience with companies, including senior management and administration, and dealing with government departments at all levels. His global experience includes projects in Canada, Australia, USA, Mexico, Africa, Europe and South-East Asia. He has held a broad range of technical, managerial and advisory positions, including key positions as Chief Geologist Johns Manville Co. Ltd., Vice President Exploration, Vice President Mineral Development and Director of Inco Australia and Inco Indonesia, and he was Operations Manager and General Manager Corporate Development for Mount Isa Mines (MIM) Limited.

Mr. Straw is currently analyzing the technical data of the Lovitt Gold Mine, owned 100% by the Company, as well as the data for the recently acquired Matthews Lease (News Release November 16, 2009) on the Wenatchee Gold Belt. The company expects to announce a plan of action early in the New Year to develop and define ore reserves previously based on historical data. The company announced an underground drilling program for the Lovitt Gold Mine in September, but with limited resources this program is currently on hold in order to include the recent Matthews acquisition in the planning process. Mr. Straw is also evaluating the feasibility of shipping ore from the I-49 area (News Release September 17, 2009) for custom milling.

The Lovitt Gold Mine was the 6th largest gold mine in the USA when it suspended operations in 1967 after producing 420,000 oz of gold and 600,000 oz of silver. The directly adjoining Cannon Mine produced 1,200,000 oz of gold and over 1,900,000 oz of silver between 1984 and 1995. The Matthews lease is on the Wenatchee Gold Belt about 1.5 miles from the Lovitt Gold Mine.

By Order of the Board of Directors

The TSX Venture Exchange has not reviewed, nor has it accepted responsibility for the adequacy or accuracy of the contents of this news release, which was prepared by management of the Company.

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