Lomiko Metals Updates Plan to Drill High Grade Flake Graphite Zone

Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) announced March 24, 2016 the filing of a technical report prepared in compliance with NI 43-101 was filed for the La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%.
The Resource did not include high grade intercepts of 28.5 Metres of 16.53% Cg and 21.5 Metres of 11.53% Cg reported January 6, 2016 and 9% over 90.75 metres reported September 24^th 2015 from the Refractory Zone.
Lomiko Metals CEO, A. Paul Gill, stated:

The Graphene-Battery Zone has delivered excellent results but the La Loutre has much more to offer at the Refractory Zone. We need to drill the Refractory Zone to a resource level to confirm the full potential of the property. Further, Lomiko will complete metallurgy and graphite characterization studies in relation to a preliminary assessment of the best market for the graphite from the property.

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