DGAP-News
Lomiko to Drill High Grade Flake Graphite Zone which has Intercepts of 28.5 M of 16.53% CG and 33.3 M of 14.62% CG
DGAP-News: Lomiko Metals Inc. / Key word(s): Miscellaneous
Lomiko to Drill High Grade Flake Graphite Zone which has Intercepts of 28.5
M of 16.53% CG and 33.3 M of 14.62% CG
11.04.2016 / 18:58
The issuer is solely responsible for the content of this announcement.
Lomiko to Drill High Grade Flake Graphite Zone which has Intercepts of 28.5
M of 16.53% CG and 33.3 M of 14.62% CG
11.04.2016 / 18:58
The issuer is solely responsible for the content of this announcement.
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Montreal, Quebec and Vancouver, British Columbia--(Newsfile Corp. - April
11, 2016) - Canada Strategic Metals Inc. (TSXV: CJC) (FSE: YXEN) (OTCBB:
CJCFF) ('Canada Strategic Metals' or 'the Company') and Lomiko Metals Inc.
(TSXV: LMR) (OTC: LMRMF) (FSE: DH8B) announced March 24, 2016 [url:
http://www.lomiko.com/public/files/news/LMR%20NR%20La%20Loutre%2043-101%20t
echnical%20report%2003-24-2016.pdf] 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%.
[image: http://orders.newsfilecorp.com/files/1944/20045_regular.jpg]
Graphene - Battery Zone Drill Map
To view an enhanced version of this image, please visit:
http://orders.newsfilecorp.com/files/1944/20045_enhanced.jpg
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 24th 2015 from the Refractory Zone.
'The Graphene-Battery Zone has delivered excellent results but the La
Loutre has much more to offer at the Refractory Zone,' stated A. Paul Gill,
CEO of Lomiko, '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.'
Top Ten Drill Results at the La Loutre Flake Graphite Property
+----------+---------+----------+-------+----+-----+------+--------+------+
|Drill Hole| Easting | Northing |Azimuth|Dip | Mineralisation | Gp |
| # | | | | | | |
+----------+---------+----------+-------+----+-----+------+--------+------+
| | | | | | | | Length | |
| | (utm) | (utm) | (°) |(°) |From |To (m)| along | % |
| | | | | | (m) | | the | |
| | | | | | | | core | |
+----------+---------+----------+-------+----+-----+------+--------+------+
| LL-14-05 |499164.32|5097258.01| 60 |-50 |6.65 | 135 |128.35* | 4.72 |
+----------+---------+----------+-------+----+-----+------+--------+------+
| | INCLUDES: |6.65 | 20.2 | 13.55* | 9.37 |
Montreal, Quebec and Vancouver, British Columbia--(Newsfile Corp. - April
11, 2016) - Canada Strategic Metals Inc. (TSXV: CJC) (FSE: YXEN) (OTCBB:
CJCFF) ('Canada Strategic Metals' or 'the Company') and Lomiko Metals Inc.
(TSXV: LMR) (OTC: LMRMF) (FSE: DH8B) announced March 24, 2016 [url:
http://www.lomiko.com/public/files/news/LMR%20NR%20La%20Loutre%2043-101%20t
echnical%20report%2003-24-2016.pdf] 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%.
[image: http://orders.newsfilecorp.com/files/1944/20045_regular.jpg]
Graphene - Battery Zone Drill Map
To view an enhanced version of this image, please visit:
http://orders.newsfilecorp.com/files/1944/20045_enhanced.jpg
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 24th 2015 from the Refractory Zone.
'The Graphene-Battery Zone has delivered excellent results but the La
Loutre has much more to offer at the Refractory Zone,' stated A. Paul Gill,
CEO of Lomiko, '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.'
Top Ten Drill Results at the La Loutre Flake Graphite Property
+----------+---------+----------+-------+----+-----+------+--------+------+
|Drill Hole| Easting | Northing |Azimuth|Dip | Mineralisation | Gp |
| # | | | | | | |
+----------+---------+----------+-------+----+-----+------+--------+------+
| | | | | | | | Length | |
| | (utm) | (utm) | (°) |(°) |From |To (m)| along | % |
| | | | | | (m) | | the | |
| | | | | | | | core | |
+----------+---------+----------+-------+----+-----+------+--------+------+
| LL-14-05 |499164.32|5097258.01| 60 |-50 |6.65 | 135 |128.35* | 4.72 |
+----------+---------+----------+-------+----+-----+------+--------+------+
| | INCLUDES: |6.65 | 20.2 | 13.55* | 9.37 |
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