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Canada Strategic Metals and Lomiko Confirm Graphite Mineralization over 800m at La Loutre

Investing News Network
Jan. 14, 2015 11:35AM PST
Battery Metals Investing

Canada Strategic Metals Inc. (TSXV:CJC,FWB:YXEN,OTCBB:CJCFF) and Lomiko Metals (TSXV:LMR,OTCQX:LMRMF,FWB:DH8B) reported results for five more holes from the La Loutre Graphite project: all five holes returned wide graphite intersections.

Canada Strategic Metals Inc. (TSXV:CJC,FWB:YXEN,OTCBB:CJCFF) and Lomiko Metals (TSXV:LMR,OTCQX:LMRMF,FWB:DH8B) reported results for five more holes from the La Loutre Graphite project: all five holes returned wide graphite intersections.

As quoted in the press release:

The Company has received the graphite assay results for last five holes from recent La Loutre Drilling, LL-14-21 to LL-14-25. All five returned wide graphite intersections with: 8.01% Gp over 20.3 metres and 5.91% Gp over 15.5 metres from Hole LL-14-21; 2.78% Gp over 66 metres from Hole LL-14-22; 3.48% Gp over 136.5 metres including 6.43% Gp over 4.65 metres, 11.23% Gp over 10.7 metres and 10.30% Gp over 7 metres from Hole LL-14-23; 7.73% Gp over 18.15 metres including 13.15% Gp over 5.3 metres and 2.74% Gp over 99.75 metres including 8.68% Gp over 3.1 metres and 11.99% Gp over 4.5 metres from Hole LL-14-24 and 3.13% Gp over 83.25 metres including 10.94% Gp over 3.75 metres from Hole LL-14-25. The mineralized intersections and assay results are shown in the table below.

Canada Strategic Metals CEO, Jean-Sebastien Lavallée, said:

The first drilling campaign on La Loutre property has been successful. We have identified a graphite mineralized zone over 800 metres length, up to 100 meters wide and more than 100 metres depth. This is significant milestone in achieving our objective of rapidly establish mineral resources at La Loutre. In addition, we have a good location near Imerys Carbon and Graphite Mine.

Click here to read the Canada Strategic Metals Inc. (TSXV:CJC) press release
Click here to see the Canada Strategic Metals Inc. (TSXV:CJC) profile.

tsxv:lmr graphite mine canada canada strategic metals strategic metals tsxv:cjc la loutre
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