Business
(Live Webinar Today) Lomiko Metals TSXV: LMR to Present at TakeStock Mini-Conference
(via TheNewswire) Vancouver, B.C./Calgary, A.B. - TheNewswire - August...
About this update from Lomiko Metals Inc.
[{"type":"text","content":"(Live Webinar Today) Lomiko Metals TSXV: LMR to Present at TakeStock Mini-Conference(via TheNewswire)\n \n \nVancouver, B.C./Calgary, A.B. - TheNewswire - August 26, 2020 Lomiko Metals Inc. (\"Lomiko\") (TSXV:LMR) (OTC:LMRMF) (FSE:DH8C) is focused on the exploration and development of minerals for the new green economy such a lithium and graphite. The company is pleased to announce that it will be presenting at the Takestock mini-conference on August 26, 2020 at 1:15 PM PST / 2:15 PM MST. A. Paul Gill, CEO will be presenting to a live audience. \n\n\n \nWebinar room: https://event.webinarjam.com/t/click/zk74lfxtr2bkpbmn7ix8fyc1\n\n \n \n\"Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.\" stated A. Paul Gill, CEO. \"The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Iles, is 30 miles northwest of La Loutre and has operated for 30 years. It reported proven reserves of 5.2 M Tonnes at a grade of 7.42 % Cg in July 1988 before the start of production.\" (Reference: Potentiel de la mineralisation en graphite au Quebec, N'Golo Togola, MERN, page 31, Conference Quebec Mines, November 24 2016).\n\n \n \nGraphite demand is expected to increase exponentially for the mined natural graphite material, as more is used in the production of spherical graphite for graphite in the anode portion of Electric Vehicle Lithium-ion batteries. The near-term goals of the company are as follows:\n\n\n \n1) Complete 100% Acquisition of the Property, currently 80% owned by Lomiko Metals.\n\n\n \n2) Complete metallurgy and graphite characterization to confirm li-ion anode grade material.\n\n\n \n3) Complete a Technical Report to confirm the extent of the mineralization equals or surpasses the nearby Imerys Mine, owned by international mining conglomerate.\n\n\n \nA \"technical report\" means a report prepared and filed in accordance with this Instrument and Form 43-101F1 Technical Report, and includes, in summary form, all material scientific and technical information in respect of the subject property as of the effective date of the technical report;\n\n\n \n4) Complete Preliminary Economic Assessment (PEA)\n\n\n \nA PEA means a study, other than a pre-feasibility or feasibility study, that includes an economic analysis of the potential...