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Lomiko and Canada Strategic Drill 15.30 M of 10.54% and 117.75 M of 4.05% Flake Graphite in the Graphene-Battery Zones at La Loutre
October 01, 2015 1:26 PM EDT | Source: Lomiko Metals Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2015) - Lomiko Metals Inc. (TSXV: LMR) (OTCQX: LMRMF) (FSE: DH8B) ("Lomiko") and Canada Strategic Metals Inc. (TSXV: CJC); (FSE: YXEN); (OTC Pink: CJCFF) ("Canada Strategic") are very pleased to announce the results for seven (7) in-fill holes in the newly-named Graphene-Battery zones where high grade samples were discovered and reported July 29, 2015. Three zones known as Graphene, Battery and Refractory have been identified to date. So far, a total of 19 holes have been reported for the drilling campaign, holes 1-11 in the Refractory zone were reported September 24, 2015.
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.
To view an enhanced version of the Quebec Flake Graphite Nano-Structures Under 200X Magnification Show Translucent Quality, please visit:
https://orders.newsfilecorp.com/files/1944/17498_lomiko1enhanced.jpg
A drilling map of hole localisation and results is available on the web site of the company under Quicklinks.
Highlighted Refractory Zone Results Reported September 24, 2015 (Holes 1-11)*
| Drill Hole # | Easting (UTM) | Northing (UTM) | Azimuth (°) | Dip | Mineralization | Gp % | ||
| (°) | From (m) | To (m) | Length along the core | |||||
| 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 | ||
| INCLUDES: | 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 |
| INCLUDES: | 136.50 | 199.30 | 62.80 | 11.88 | ||||
* 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.
TABLE OF MINERALIZED GRAPHENE-BATTERY ZONE INTERSECTIONS (HOLES 12-19)**
| Easting | Northing | Azimuth | Dip | Mineralisation | |||||
| From (m) | To (m) | Length along the core | Gp % | ||||||
| Drillhole # | (UTM) | (UTM) | (°) | (°) | |||||
| LL-15-12 | 499186 | 5097387 | 64 | -50 | 3.00 | 51.00 | 48.00 | 2.49 | (1) |
LL-15-13 | 499086 | 5097346 | 62 | -50 | 57.70 | 145.65 | 87.95 | 2.50 | (2) |
| 160.00 | 165.60 | 5.60 | 1.52 | ||||||
LL-15-14 | 499049 | 5097304 | 60 | -50 | 75.40 | 193.15 | 117.75 | 4.05 | (3) |
| 195.15 | 196.30 | 1.15 | 5.83 | ||||||
| 201.15 | 207.15 | 6.00 | 1.46 | ||||||
| 243.40 | 247.90 | 4.50 | 2.55 | ||||||
LL-15-15 | 499154 | 5097301 | 60 | -50 | 2.20 | 130.25 | 128.05 | 3.47 | (4) |
| INCLUDES: | 2.20 | 19.80 | 17.60 | 4.87 | |||||
| INCLUDES: | 28.70 | 38.75 | 10.05 | 9.97 | |||||
LL-15-16 | 499194 | 5097337 | 64 | -50 | 3.70 | 100.30 | 96.60 | 3.74 | (5) |
| INCLUDES: | 3.70 | 19.00 | 15.30 | 10.54 | (6) | ||||
LL-15-17 | 499178 | 5097212 | 55 | -50 | 2.80 | 110.50 | 107.70 | 2.87 | (7) |
| INCLUDES: | 2.80 | 17.00 | 14.20 | 4.62 | (8) | ||||
| INCLUDES: | 105.15 | 110.50 | 5.35 | 11.36 | |||||
LL-15-18 | 499222 | 5097237 | 63 | -50 | 1.80 | 15.00 | 13.20 | 2.07 | |
| 15.00 | 18.00 | 3.00 | Lost core | ||||||
| 18.00 | 75.00 | 57.00 | 2.08 | ||||||
LL-15-19 | 499092 | 5097162 | 62 | -50 | 84.00 | 179.00 | 95.00 | 3.70 | (9) |
| INCLUDES: | 85.25 | 95.00 | 9.75 | 9.42 | |||||
| INCLUDES: | 175.00 | 179.00 | 4.00 | 16.86 | |||||
**Length along the core. The Company estimates the true width of the mineralized zone at 70 to 95% of the width intersected in the drill holes.
| (1) | no sample 48.35-48.70 |
| (2) | no sample 62.75-63.05, 140.90-141.60 |
| (3) | no sample 76.90-77.10 |
| (4) | no sample 40.80-41.15; |
| (5) | no sample 8.40-8.75; 99.10-99.65 |
| (6) | no sample 8.40-8.75 |
| (7) | no sample 6.35-7.20; 10.45-10.95; 13-14.20 |
| (8) | no sample 6.35-7.20; 10.45-10.95; 13-14.20 |
| (9) | no sample 172.40-172.65 |
The 2015 drilling program is managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.
Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.
The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d'Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Carbon Graphite using C-IR18.
Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, President and Chief Executive Officer of the Canada Strategic and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.
On Behalf of the Board
"A. Paul Gill"
Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.