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Lomiko and Canada Strategic Start 10,000 Metre, 75-100 Holes Drill Program at La Loutre
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) announced today that the La Loute Drill program has begun.
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) announced today that the La Loute drill program has begun.
As quoted in the press release:
LOMIKO METALS INC. (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) (the “Company”) and Canada Strategic Metals (TSX-V: CJC) are pleased to announce the La Loutre drill program has begun. After completion, the property will then be assessed for a resource and a pre-economic assessment (PEA) if warranted. A recent sampling program provided encouraging results identified high-grade, near surface mineralization.
Lominko Metals CEO A. Paul Gill is quoted as saying:
Drilling should reach a vertical depth of no more than 150 meters, the “rule-of-thumb” physical depth limit of a standard open pit. Our goal is to become a low-cost producer of graphite in Quebec. A good example of an open pit mining operation established on this principal is the Imerys Carbon and Graphite Mine located nearby.
Click here for the full Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) press release.
Click here for the full Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) profile
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