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Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) have released the results for 11 exploration holes in the area where high-grade samples were discovered and reported July 29, 2015.
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) have released the results for 11 exploration holes in the area where high-grade samples were discovered and reported July 29, 2015. The recent drilling campaign on La Loutre Graphite property, Quebec, has highlighted high grade drills holes intercept along 500 metre strike length that is open in all directions.
As quoted in the press release:
The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal.
Highlighted Results*
Mineralization Drill Hole
#Easting
(UTM)Northing
(UTM)Azimuth
(degrees)Dip
(degrees)From
(m)To
(m)Length along
the coreGp
%LL-15-01 499261 5097902 60 -50 5.90 11.35 5.45 11.65 LL-15-02 499207 5097991 4.35 9.60 5.25 14.76 Including: 4.35 8.60 4.25 17.69 LL-15-04 499177 5098217 60 -50 4.75 12.50 7.75 7.25 LL-15-09 499388 5098121 67 -50 116.25 207.00 90.75 9.00 Including: 136.50 199.30 62.80 11.88 Including: 147.00 194.80 47.80 13.66
* Length along the core. The Company doesn’t have enough information to estimates the true width of the mineralized zone intersected in the drill holes. After the current program is complete, the property will be assessed for a resource and if warranted, a pre-economic assessment (“PEA”). Viable near surface mineralization reduces the amount of waste rock that needs to be moved, reducing overall cost of the project and reducing environmental impact.
In addition, Lomiko hopes to define material > 99.99% Graphite Crystalline Flake to serve as the base material for testing graphite for the ultrapure carbon market and for conversion to graphene and use in 3D Printing and Supercapacitors.
A map of hole localisation and results is available on the web site of the Company at: www.csmetals.ca.
Table of mineralized intersections in new zone*
Mineralization Drill Hole
#Easting
(UTM)Northing
(UTM)Azimuth
(degrees)Dip
(degrees)From
(m)To
(m)Length along
the coreGp
%LL-15-01 499261 5097902 52 -50 5.90 11.35 5.45 11.65 LL-15-02 499207 5097991 4.35 9.60 5.25 14.76 Including: 4.35 8.60 4.25 17.69 91.50 96.00 4.50 2.83 LL-15-03 499142 5098108 60 -50 66.85 79.80 12.95 2.34 96.30 100.80 4.50 2.12 LL-15-04 499177 5098217 60 -50 4.75 12.50 7.75 7.25 61.70 72.90 11.20 6.07 89.10 103.10 14.00 3.66 LL-15-05 499272 5098329 60 -50 49.70 91.80 42.10 4.12 118.25 154.35 36.10 5.64 Including: 147.50 154.35 6.85 14.64 LL-15-06 499282 5098220 67 -50 50.20 62.70 12.50 5.56 LL-15-07 499299 5098142 60 -50 22.50 28.80 6.30 3.40 LL-15-08 499406 5097806 60 -50 NSV LL-15-09 499388 5098121 67 -50 116.25 207.00 90.75 9.00 Including: 136.50 199.30 62.80 11.88 Including: 147.00 194.80 47.80 13.66 LL-15-10 499353 5097997 69 -50 110.90 113.00 2.10 2.85 LL-15-11 499404 5097913 61 -50 114.00 115.00 1.00 5.94
*Length along the core.The Company doesn’t have enough information to estimates the true width of the mineralized zone intersected in the drill holes. **No significant value
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