DGAP-News

Lomiko and Canada Strategic Intersect 110.8 metres of 14.56 % and 135.6 metres of 7.74% Including 44.1 metres of 16.81% and 22.3 metres at 17.08% Flake Graphite at La Loutre

DGAP-News: Lomiko Metals Inc. / Key word(s): Miscellaneous Lomiko and Canada Strategic Intersect 110.8 metres of 14.56 % and 135.6 metres of 7.74% Including 44.1 metres of 16.81% and 22.3 metres at 17.08% Flake Graphite at La Loutre 17.01.2017 / 16:53 The issuer is solely responsible for the content of this announcement. Vancouver, British Columbia and Montreal, Quebec--(Newsfile Corp. - January 17, 2017) - Lomiko Metals Inc. ('Lomiko') (TSX-V: LMR, OTC: LMRMD/LMRMF, FSE: DH8C/DH8B) and Canada Strategic Metals Inc. ('Strategic Metals'') (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) are very pleased to announce high grade graphite results from the near surface Refractory zone at the La Loutre project of 7.74% graphite over 135.60 metres including 16.81% graphite over 44.10 metres from hole LL-16-01, two different intersection in hole LL-16-02 reporting 17.08% graphite over 22.30 metres and 14.80% graphite over 15.10 metres and 110.80 metres of 14.56% Graphite in Hole LL-16-03.

The table below is showing the results from infill drilling from Hole
LL-16-01, LL-16-02 and LL-16-03 and previous results from 2015. A map of
drill holes can be found under the heading Quicklinks: Drill Map. As
further results are received, the drill map of the Refractory Zone will be
updated.

In December 2016, the companies completed a1550 M drill program of 10 holes
in the Refractory Zone and will release holes LL-16-04 to LL-16-10 as
results are received and compiled.

'Our goal is to deliver a world class graphite resource at La Loutre.
Today's excellent results for the first two of ten drill holes has
delivered even better results than last year. Each drill hole provides
better definition of the property's potential and bolsters the case for a
top tier pre-economic assessment.', stated A. Paul Gill, CEO of Lomiko
Metals Inc.

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.