Olivut Resources Ltd. is an exploration and development company that commenced trading on the TSX Venture Exchange (TSX-V:OLV) Toronto, Canada on January 10, 2007. 

The Company is well financed with approximately $5.5 million in working capital at January 31, 2009.  There are 31,650,637 common shares issued and outstanding.

The Company’s principal asset is a 100% interest in over 2 million acres (>800,00 hectares) comprising the HOAM Project in the Interior Plains region of Canada's Northwest Territories. This region is considered to be favourable for the emplacement of diamond bearing kimberlites and Olivut has numerous targets defined for drilling.  

Highlights of the 2008 exploration program include the following:

• Successful completion of the planned 2008 regional airborne, gravity and drilling programs
• 8 new kimberlite bodies discovered
• 23 drill holes completed
• 16 drill holes intersected kimberlite
• 15 targets tested including 13 new targets identified during the year
• Increased the number of known kimberlite bodies discovered from 10 to 18

The community of Fort Simpson is located approximately 15 kms from the property in the south and the village of Deline is located about 20 kms from the project area in the north.  This region, prior to Olivut’s involvement in the area, 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 emplacement. A National Instrument 43-101 Technical Report (see Nov.27,2006) written by Paul Pitman, P.Geo. details the merits of the HOAM Project.