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Listen "Lomiko Multiple 100m Intercepts Of High Grade Graphite Sets Up 43-101 and PEA "
Episode Synopsis
The Lomiko Metals (LMR:TSXV; LMRMF:OTCQB) flagship, high-grade graphite project (La Loutre) was already looking pretty impressive before its most recent press release, with the following attributes"
Indicated + inferred resource of 10 M Tonnes of 6% Cg at the Graphene-Battery Zone
120 km from Montreal
53 km from the only operating graphite mine in North America (5.2M Tonnes of 7.42% Cg)
Located in the mining + green friendly Province Of Quebec
Despite this, CEO Paul Gill wanted more tonnage and higher grade to really position La Loutre as a serious supply source for the multiple battery factors set for completion throughout North America in the next couple of years. Well, it looks like he may very well have got it.
On July 9, Lomiko announced results from the remaining 16 holes (of 21) from the 2019 program and the headline says it all:
"Multiple 100m + Intercepts and Multiple 10% + Cg Zones At La Loutre. Next Steps: 43-101 Resource and Pre-Economic Assessment".
Indicated + inferred resource of 10 M Tonnes of 6% Cg at the Graphene-Battery Zone
120 km from Montreal
53 km from the only operating graphite mine in North America (5.2M Tonnes of 7.42% Cg)
Located in the mining + green friendly Province Of Quebec
Despite this, CEO Paul Gill wanted more tonnage and higher grade to really position La Loutre as a serious supply source for the multiple battery factors set for completion throughout North America in the next couple of years. Well, it looks like he may very well have got it.
On July 9, Lomiko announced results from the remaining 16 holes (of 21) from the 2019 program and the headline says it all:
"Multiple 100m + Intercepts and Multiple 10% + Cg Zones At La Loutre. Next Steps: 43-101 Resource and Pre-Economic Assessment".
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