Business
InvestmentPitch Media Video Discusses Lomiko Metals' New Drill Results with Multiple Intercepts of More Than 100 Meters and Zones of More Than 10% Carbon Flake Graphite - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2019) - Lomiko Metals (TSXV: LMR) (OTC...
About this update from Lomiko Metals Inc.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Lomiko Metals' New Drill Results with Multiple Intercepts of More Than 100 Meters and Zones of More Than 10% Carbon Flake Graphite - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - July 18, 2019) - Lomiko Metals (TSXV: LMR) (OTCQB: LMRMF) (FSE: DH8C) recently announced its remaining drill results from its La Loutre high-grade graphite project in southern Quebec, Canada and its intention to next, deliver an updated 43-101 graphite resource estimate followed by a Preliminary Economic Assessment aimed at supplying graphite for lithium-ion and other battery anode production. Lomiko's La Loutre property, which comprises of a large contiguous block of 42 mineral claims totalling over 25 square kilometers, located 117 kilometers northwest of Montreal, in southern Quebec, is owned 80% by Lomiko and 20% by Quebec Precious Metals.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Lomiko\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_p6iqa3cf/Lomiko-Metals-reports-new-drill-results-from-the-high-grade-La-Loutre-graphite-project-in-QuebecTo date the company has reported a 43-101 mineral resource estimate for its Graphene-Battery Zone of 18.4 million tonnes at a grade of 3.19% carbon flake graphite Indicated and 16.7 million tonnes of 3.75% in the Inferred category. The recent drill results from the 2019 program are all from the adjacent area, the Refractory Zone. Based on geophysical and drill data, the strike length of mineralization is now approximately 900 meters and open in both directions. The remaining 16 diamond drill hole results just reported included multiple intercepts of over 100 meters and several zones of over 10% carbon flake graphite. The 2019 drill program comprised a total of 21 holes for 2,985 meters of drilling. With the results of the 2019 drill campaign in hand, the company is now looking to deliver an updated NI 43-101 resource estimate for the entire project incorporating a total of 36 new drill holes completed in the Refractory Zone since the initial NI 43-101 Graphene-Battery zone resource. Lomiko further reports that it plans to foll...