Lomiko Metals Inc. (TSXV:LMR,FWB:DH8B) reported that 88 VLF-EM conductors axis were identified during a combined Magnetic and Very Low Frequency Electro-Magnetic survey on the West Block of the Quatre Milles Project. 23 of those are high priority for review.
As quoted in the press release:
In total, 88 VLF-EM conductors axis were identified. Of those, 23 new conductors are prioritized for further review. Conductors that are associated to magnetic anomalies are likely caused by pyrrhotite rich sulphide occurrences. However, most of the conductors do not show correlation with the magnetic signal and the strongest VLF-EM anomalies are thus possibly caused by graphite mineralization.
|Namibia is ranked #1 in Africa for mining investment and Next Graphite, Inc. (OTC:GPNE) has 140,000 tonnes of graphite stockpiled at surface with flotation testing achieving results as high as 97.1% pure graphite. Connect and don't miss out as they re-launch the Aukam Graphite Project.|