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As a gold producer, Louvem Mines Inc. (the "Company" or "Louvem") focuses its activities on the development and operation of underground gold mines and on advanced exploration. Louvem holds a 50% interest in the Beaufor Mine, located near Val-d'Or in northwestern Quebec, Canada.
The Beaufor Mine is also 50% owned by the parent company, Richmont Mines, which operates the mine. Louvem owns 81% of the Monique property, which is near the Beaufor Mine. Louvem also holds interests in other exploration properties in the area of Val-d'Or, in northwestern Quebec.
The common shares of Louvem are listed and posted for trading on the TSX Venture Exchange under the symbol "LOV".
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