Business
Lomiko Metals engages DRA Americas to lead the pre-feasibility level engineering studies for the La Loutre Natural Flake Graphite Project in Quebec, Canada
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About this update from Lomiko Metals Inc.
[{"type":"text","content":"Lomiko Metals engages DRA Americas to lead the pre-feasibility level engineering studies for the La Loutre Natural Flake Graphite Project in Quebec, Canada\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }\n \n\n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n \n\n\n\n\n\n Lomiko Metals Inc. (TSX.V: LMR)\n \n (“Lomiko Metals” or the “Company”) is pleased to announce it is continuing with the pre-feasibility level engineering studies for its wholly owned La Loutre natural flake graphite project in Quebec with the engagement of study leader, DRA Americas as of April 23\n \n rd\n \n , 2025. This international engineering firm with offices in Quebec will lead the study and prepare a technical report in accordance with NI 43-101 rules, with Norda Stelo as the mining engineering lead, also Quebec based, and Knight-Piesold as the geotechnical, hydrogeological and geomechanical lead.\n \n\n Lomiko has chosen to partner with DRA Americas, Norda Stelo and Knight-Piesold due to their position as the industry leaders. These independent expert consultants have extensive expertise in engineering, process design, and mine planning, with numerous projects completed in the critical minerals and graphite and experience in the application of international best practice and innovative practices in mine sustainability.\n \n\n Gordana Slepcev, CEO, President, and Director, stated: “With the recently closed first tranche of the private placement, we are happy to continue with the pre-feasibility level of the engineering studies for the La Loutre natural flake graphite deposit. The Company completed approximately 50% of the pre-requisite work in the last two years, and we are now pleased to continue this process. With the Mineral Resource Estimate prepared by InnovExplo (a member of Norda Stelo), we have built a strong base to start with the mine plan evaluation options, and positive metallurgical testing and battery trials programs will be used to continue with engineering studies, including site infrastructure and the processing plant layout and equipment selection. We are very pleased to be advancing the completion of the pre-feasibility level studies with a wide range of independent expert consulta...