Lomiko Metals update on Alkali Lake Lithium Brine Project

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LOMIKO METALS INC. (TSX VENTURE:LMR)(PINK SHEETS:LMRMF)(Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) reported that it has received a letter from Japan, Oil, Gas and Metal National Corporation (“JOGMEC”) indicating that JOGMEC has extended its due diligence period at Alkali Lake for an additional 30 days.

LOMIKO METALS INC. (TSX VENTURE:LMR)(PINK SHEETS:LMRMF)(Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) reported that it has received a letter from Japan, Oil, Gas and Metal National Corporation (“JOGMEC”) indicating that JOGMEC has extended its due diligence period at Alkali Lake for an additional 30 days.

The press release is quoted as saying:

JOGMEC has the right to perform due diligence for up to 90 days from February 12, 2010 under the terms of the Memorandum of Agreement with Lomiko.

Click here to access the entire press release

Click here to access Lomiko Metals Corporate Site

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