Lomiko Metals Achieves Significant Graphite Grades in Quebec

Lomiko Metals Reports Impressive Graphite Discoveries

Lomiko Metals Inc. (TSX.V: LMR) is thrilled to share encouraging results from its early-stage exploration activities on multiple projects situated within the Laurentians. Recent findings reveal significant grades of graphite, including a notable 27.9% carbon graphite from various sites, showcasing the potential of Lomiko's assets in the burgeoning graphite industry.

Highlights of Recent Findings

The exploration conducted during the late summer and fall unearthed several high-grade zones across four of Lomiko's properties. The Ruisseau property, in particular, stood out with outstanding graphite grades, marking a significant milestone for the company in just its second year of fieldwork.

Ruisseau Project

The Ruisseau Project has emerged as a key focus, with four distinct high-grade zones identified along a stretch exceeding 3 kilometers. The Northwestern zone is especially noteworthy, yielding exceptional grades reaching up to 27.9% carbon graphite. This project's success underscores the potential for high-quality graphite production, which is essential for various applications including renewable energy and electric vehicle batteries.

Other Property Highlights

Alongside the Ruisseau findings, the Meloche property presented promising results with grades of up to 13.3% carbon graphite. The Tremblant property has also demonstrated significant graphite mineralization, while the Dieppe property showed a defined mineralized cluster with values up to 6.82% carbon graphite. These findings across multiple sites are a testament to the rich geological potential Lomiko is exploring.

Exploration Techniques and Methodology

The fine-tuned exploration process included utilizing innovative technologies like the Beep-Mat, an electromagnetic survey tool designed to detect conductive materials, such as graphite, beneath the surface. This methodology proved effective in identifying areas rich in graphite, leading to meticulously selected grab samples for analysis, drastically enhancing the efficiency of exploration efforts.

Future Exploration Plans

Looking ahead, Lomiko Metals plans to extend its exploration efforts in 2025. The focus will remain on evaluating the identified zones at Ruisseau to ascertain their dimensions and continuity, gearing up for future drilling endeavors. Additionally, the company aims to broaden its exploration activities across the Meloche, Tremblant, and Dieppe properties, ensuring comprehensive coverage of its promising portfolio.

Assaying and Quality Control

Lomiko implements rigorous QAQC protocols in its fieldwork. Each sample site undergoes meticulous recording and photographic documentation. Samples are secured with unique identifiers for tracking and transparency throughout the analysis process at accredited laboratories.

Company Leadership Insight

CEO Gordana Slepcev expressed optimism about the ongoing exploration successes and the potential they represent for Lomiko’s business trajectory. The detailed results reflect not only the promising geology but also the commitment and expertise of the exploration teams.

About Lomiko Metals Inc.

With its headquarters located in Quebec, Lomiko Metals Inc. is committed to developing its La Loutre graphite project. This project holds strategic importance given its positioning within an area historically known for rich mineral deposits. In addition to La Loutre, the company also holds stakes in several early-stage projects aimed at expanding its mineral portfolio and maximizing value for shareholders.

Frequently Asked Questions

What are the key findings from Lomiko Metals' recent exploration?

Recent exploration revealed significant graphite grades, especially at the Ruisseau project where grades reached up to 27.9% carbon graphite.

Where are Lomiko's exploration projects located?

Lomiko's exploration projects are situated in the Laurentian region of Quebec, Canada, including key properties like Ruisseau, Meloche, Tremblant, and Dieppe.

What is the Beep-Mat and how does it work?

The Beep-Mat is an electromagnetic survey instrument that helps locate conductive materials like graphite by providing continuous readings while being pulled across the ground.

What is Lomiko's focus for the year ahead?

In 2025, Lomiko aims to further evaluate the identified zones at Ruisseau while expanding exploration efforts across its other properties.

How does Lomiko ensure quality control for its samples?

Each sample undergoes strict QAQC procedures involving precise documentation, unique identifiers, and testing at accredited laboratories to ensure accuracy and reliability.

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