Lomiko Metals and Canada Strategic Metals Announce Resource for the La Loutre Flake Graphite Property in Quebec

Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) and Canada Strategic Metals (TSXV:CJC) have announced a Resource for the La Loutre Flake Graphite Property in Quebec.

As quoted in the press release:

The Flake Graphite Mineral Resource Estimate measures 18 million tonnes of 3.2% Indicated and 17 million tonnes of 3.7% Inferred, with a cut-off of 1.5%. Using a cut off of 3%, the sensitivity table shows 4 million tonnes of 6.5% Indicated and 6 million tonnes of 6.1% Inferred. The Resource is calculated on the Graphene-Battery Zone only, and does not include recent high grade intercepts from the Refractory Zone, of 28 metres of 16.5%, 22 metres of 11.5%, and 91 metres of 9%.

Lomiko Metals CEO, A. Paul Gill, stated:

The La Loutre Property is located close to the Imerys Carbon and Graphite Mine and benefits from similar infrastructure advantages and similar flake graphite grade, deposit size and near surface mineralization amenable to low cost, small footprint extraction. All of these elements make this an excellent candidate for a positive PEA.

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