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Lomiko Identifies New Multi-Element Anomalies at Yellow Fox, the Antimony, Silver, and Gold Property Located in Central Newfoundland
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is please...
About this update from Lomiko Metals Inc.
[{"type":"text","content":"Lomiko Identifies New Multi-Element Anomalies at Yellow Fox, the Antimony, Silver, and Gold Property Located in Central Newfoundland\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }\n \n\n\n\n Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to provide an update regarding results from the recently completed soil sampling program (See News Release March 12, 2025) on the Yellow Fox, antimony, silver, and gold property acquired from Metals Creek as per news release issued on January 21st, 2025. (See news release dated January 21, 2025).\n \n\n Gordana Slepcev, CEO, President, and Director, stated: “We are happy to see very promising results coming out from the soil sampling work at Yellow Fox property field program which identified several soil anomalies comprised of multiple pathfinder elements (Au, Sb, Ag, Zn, Pb, As, Fe, Mn) exhibiting similar traits to that of the historic soil survey conducted over the Yellow Fox Showing. These new anomalies are trending similarly to the Yellow Fox N-NE. We are looking forward to continuing with the soil sampling and geophysical surveys over identified anomalous trends to better identify trenching and channel sampling targets.”\n \n\n In addition, Newfoundland has just been named on the Fraser Institute’s list of top mining jurisdictions, and with the Company’s previous working experience in Newfoundland, we believe it is highly prospective for the future of the Company. Newfoundland & Labrador appears in the list of the top ten most attractive jurisdictions for mining investment. Source:\n \n https://www.fraserinstitute.org/studies/annual-survey-mining-companies-2024\n \n\n\n\n Highlights:\n \n\n\n\n New high-priority multi-element targets identified.\n \n\n Anomalies trending roughly the same orientation as Yellow Fox Showing.\n \n\n Anomalies discovered are close to Yellow Fox Showing.\n \n\n Soil sampling program successfully targeted south of Yellow Fox, showing 59.413 g/t gold and areas of increased density of interpreted structures.\n \n\n 551 soil samples were collected on ten 250m spaced lines trending 110 degrees.\n \n\n Several high-priority targets with a similar trend (015 °) to that of mineralized...