Lomiko Adds 2,072 Ha of Mineral Claims Around Vines Lake Zinc Anomalies near Cassiar, B.C.

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2017) - LOMIKO METALS INC. (TSXV: LMR) (OTC: LMRMF) (FSE: DH8C) (ISIN: CA54163Q1028) (WKN: A0Q9W7,) ("Lomiko" or "the Company") has expanded its land package in Cassiar, B.C. area to 3,281 Ha. Cassiar is known for Gold, Molybdenum and Base Metal Deposits such as the Erickson Gold Mine, the Tarus Gold Deposit, the Storie and Cassiar Molybdenum deposits and the Mt. Haskins Molybdenum, silver, lead and zinc deposit.

Figure 1: London Metal Exchange Zinc Price 2015-2017

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Previous exploration in the area was the subject of a report dated February 24, 2014, titled the The Updated Technical Report on the Vines Lake Property. The report highlights zinc anomalies to the west and south-west of Vines Lake. At that time of the report, due to depressed zinc prices, no further exploration was pursued. With a recovery of zinc prices in recent years, the project is now being reviewed for further investigation.

The Vines Lake Property is located in the Cassiar Gold Camp in the Liard Mining District of northwestern British Columbia. Lomiko Metals Inc. previously held the rights to 3 claims acquired in 2006 totaling 1,209 Ha (2,987 Acres) and has now expanded the claims to 3,281 Ha. The Vines Lake property has year-round paved road access as the property's northern boundary crosses Hwy 37N, seven kilometers south of the unincorporated settlement of Jade City.

For more information, please contact 604-729-5312 or Email: info@lomiko.com. Website: lomiko.com.

On behalf of Lomiko Metals Inc,

"A. Paul Gill"

A. Paul Gill,
President & CEO

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.