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Lomiko Metals and Quebec Precious Metals report new intercepts 116.9m of 4.80% including 15.2 m of 18.04% and 47.3 m of 7.56% including 11.3m of 17.45% flake graphite at the La Loutre Project
VANCOUVER & MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8C) (Lomiko or the “Company”) and Quebec Precious Metals Corporation (TSX
About this update from Lomiko Metals Inc.
[{"type":"text","content":"VANCOUVER & MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8C) (Lomiko or the “Company”) and Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM”) are pleased to announce the results from four (4) new exploration diamond drill hole received from the 2019 program (see Table 1 below, and Figure 1) at the Refractory Zone at the La Loutre graphite project (the “Project”). A total of 21 holes were completed on the Refractory Zone for a total of 2,985 metres. Results from the remaining 16 holes will be reported as they are received and compiled. Lomiko owns 80% of the Project. “We continue to see wide intercepts of graphite and new sections of very high-grade values. High grades are a more common occurrence in the Refractory Zone,” stated A. Paul Gill, CEO. Table 1: Results of the drill holes of the 2019 drill program. The width is drill indicated core length. Insufficient data exists to determine true width at this time. Mineralization Drill Hole # Easting (UTM) Northing (UTM) Azimuth Dip From (m) To (m) Interval (m) Cg % LL-19-04 499567 5098041 65.9 -50 3.00 93.00 90.00 2.75 LL-19-14 499700 5097803 59.7 -50 80.70 99.00 18.30 4.43 LL-19-15 499751 5097832 64.8 -50 51.00 167.90 116.90 4.80 including 152.70 167.90 15.20 18.04 LL-19-16* 499851 5097829 66.5 -50 4.10 92.00 87.90 7.14 including 70.50 91.50 21.00 15.48 132.00 160.50 28.50 3.86 LL-19-17 499894 5097804 78.2 -50 15.00 62.30 47.30 7.56 including 51.00 62.30 11.30 17.45 96.00 126.00 30.00 1.96 *Results announced with the April 24, 2019 press release. The drill campaign focuses on the Refractory Zone. An independent techn...