Lovitt Resources Inc. reports that it intends to resume exploration for gold at its wholly owned Lovitt Gold Mine near Wenatchee, WA. The Lovitt Gold Mine produced 420,000 oz of gold and 600,000 oz of silver at a gold grade of 0.40 oz/ton (13.7 gm/t) with a small operation employing fifteen people between 1950 and 1966. The adjoining Cannon Mine, a mile to its north, produced 1,200,000 oz of gold at a grade of 0.30 oz/ton (10.3 gm/t) and 1,900,000 oz of silver between 1985 and 1995 with 180 employees. At today's gold price the Wenatchee Gold Belt would have produced an equivalent value of $2.8 billion. The mine is surrounded by 250 freehold acres of land owned by the Company making access totally private.