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Lomiko Metals Announces Positive Results on its Initial Metallurgical Test Programs at its La Loutre Graphite Project
MONTREAL / Apr 28, 2022 / Business Wire / Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce an update on the initial met
About this update from Lomiko Metals Inc.
[{"type":"text","content":"MONTREAL / Apr 28, 2022 / Business Wire / Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce an update on the initial metallurgical programs conducted for the La Loutre graphite project. Lomiko has engaged three independent laboratories, Corem, ProGraphite and SGS Lakefield to support the value-added metallurgical testing of samples of the La Loutre graphite concentrate. As part of the 2022 strategic objectives as previously announced on March 3, 2022, Lomiko is undertaking several metallurgical studies to further define the chemical and physical properties of La Loutre graphite concentrate. These studies have several goals, including (a) determining the upgrading potential of the graphite flotation concentrate for value-added processing, (b) confirming the plant flowsheet to aid in the plant design for the Pre-Feasibility Study the Company will be looking to complete in 2023, and (c) evaluating the production of spherical graphite for anode battery applications. This characterization work facilitates the development of Technical Data Sheets (TDS) to initiate customer partnership discussions. The 2021 metallurgical program produced 1.8 kg of graphite flotation concentrate (please see news release dated April 7, 2021 and referred to within the Company’s Preliminary Economic Analysis (“PEA”) which is available on the Company’s website or on SEDAR). This concentrate was split into two samples and sent to each of Corem in Quebec and ProGraphite in Germany for characterization and purification testing. Based on the characterization and purification tests performed by the two labs, the graphite from the La Loutre deposit would be suitable for a wide range of traditional markets such as refractories, fire retardants, crucible, and friction products, or expanded graphite markets. Further, the purification results suggest that the La Loutre graphite may be suitable for high-value anode battery applications which require ultra high purity graphite concentrate of 99.95%. It is important to note that these results are preliminary, and that further testing will be required to confirm with greater certainty product suitability and potential. The evaluation of the full processing sequence from flake graphite to battery trials is scheduled for the second half of 2022. Belinda Labatte, CEO and Director, sta...