FundedIQ
Community and Lifestyle

Olivut Resources

The Company’s principal asset is a 100% interest in the HOAM Project in the Interior Plains region of Canada's Northwest Territories. The community of Fort Simpson is located approximately 15 kms from the HOAM property in the south and the village of Deline is located about 20 kms from the project area in the north. This region is considered to be favourable for the emplacement of diamond bearing kimberlites. Olivut has made 29 kimberlite discoveries to date and has additional numerous targets defined for drilling. Prior to Olivut's involvement in the area, this region was subjected to little modern exploration techniques. High resolution, regional magnetic geophysical surveys, detailed heli-mag geophysical surveys and geochem sampling programs all conducted by Olivut have identified several favourable areas for kimberlite occurrence. A National Instrument 43-101 Technical Report (Filed on SEDAR December 12, 2014) was written by Paul Pitman, P.Geo. and details the merits of the HOAM Project.

olivut.ca Hinton, Canada 1-10 employees
Total raised
$310k
Rounds
1
Latest
Series Unknown
Aug 2023

The Company’s principal asset is a 100% interest in the HOAM Project in the Interior Plains region of Canada's Northwest Territories. The community of Fort Simpson is located approximately 15 kms from the HOAM property in the south and the village of Deline is located about 20 kms from the project area in the north. This region is considered to be favourable for the emplacement of diamond bearing kimberlites. Olivut has made 29 kimberlite discoveries to date and has additional numerous targets defined for drilling. Prior to Olivut's involvement in the area, this region was subjected to little modern exploration techniques. High resolution, regional magnetic geophysical surveys, detailed heli-mag geophysical surveys and geochem sampling programs all conducted by Olivut have identified several favourable areas for kimberlite occurrence. A National Instrument 43-101 Technical Report (Filed on SEDAR December 12, 2014) was written by Paul Pitman, P.Geo. and details the merits of the HOAM Project.

Olivut Resources has raised $310k across 1 round. Its most recent round was a Series Unknown of $310k in Aug 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Aug 22, 2023
Series Unknown
$310k

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