Olivut Resources Ltd. is a Canada-based, exploration and development company. The Company�s principal asset is a 100% interest in the HOAM Project in the Interior Plains region of Canada's Northwest Territories. The HOAM Project has delivered 29 kimberlite discoveries to date. The HOAM Project Area lies within the Interior Platform geologic province, a vast basin of Phanerozoic sedimentary rocks lying between the Canadian Shield to the east and the Cordillera to the west. Precambrian crystalline and meta sedimentary rocks outcrop to the east of the HOAM Project Area and these rocks underlie and form a basement to the Interior Platform sediments. The thickness of the Phanerozoic units varies from a few hundred meters in the eastern part of the HOAM Project Area to in excess of two kilometers in the west.