Slide 1: Geology and Exploration
A responsible developer of choice in Quebec, Canada A partner of excellence in North America for a shared climate success story Geology and Exploration May 2024
Slide 2: Disclaimer
DISCLAIMER This presentation is not a prospectus, offering memorandum or an advertisement and is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscr
Slide 3: Land Acknowledgement
Land Acknowledgement The land/projects where we operate are located within the traditional land of the Algonquin Anishnaabeg and Cree Eeyou Istchee Peoples. Our vision is to embrace Indigenous people and Indigenous values within our projects in order to develop a sustainable approach on our path to
Slide 4: www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C
www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 4
Slide 5: Regional exploration in Grenville belt
Regional exploration in Grenville belt Most prospective graphite belt in North America • Completed 1,518-line kilometers of heliborne geophysical surveys completed over the six graphite properties, with 55 targets identified • 264 claims in total on 6 early-stage projects covering 15,639 hectares in
Slide 6: La Loutre graphite project close to infrastructure
La Loutre graphite project close to infrastructure with great geological setting Highlights • Stage of development: Preliminary Economic La Loutre Graphite Project Assessment ("PEA") • 50% complete Preliminary Feasibility Studies (“PFS”) • Location: Quebec, Papineau - 192 km Highway to Port of Montr
Slide 7: La Loutre: PEA establishes a critical path
La Loutre: PEA establishes a critical path ahead for improvements and project de-risking PEA details Carmin Zone • Two known deposits currently being explored: EV Zone and Battery Zone • LOM plant production of 21.8 Mtonnes of mill feed at EV Zone Battery 6.78% Cg diluted Zone • Graphite concentrate
Slide 8: La Loutre: PEA Layout – great base to build on
La Loutre: PEA Layout – great base to build on Mine layout and costs – PEA • Waste rock and tailings co-disposed • Efficient site water management with WASTE ROCK & no wet tailings EV ZONE CODISPOSAL PILE • Pits sequenced to maximize the returns starting from North – EV Pits to South – Battery Pits
Slide 9: 2022 summer drilling program completed
2022 summer drilling program completed Focus on higher grade EV Zone • Completed 53 drill holes in EV Zone for a total of 9,025 meters • South-east and north-east end of the EV Zone remain open to the south and east • Discovered new mineralization in EV zone below existing modelled paragneiss minera
Slide 10: Exploration Drilling Summary – La Loutre
Exploration Drilling Summary – La Loutre – press released • Total holes drilled EV Zone – 53 holes drilled – 9,025 meters • Results published with excellent widths and grades encountered, including: • Wide intervals of near-surface, high-grade flake graphite mineralization including 11.64% Cg over 4
Slide 11: La Loutre EV Zone plan view
La Loutre EV Zone plan view Section 1-1 Section 2-2 11
Slide 12: La Loutre EV Zone plan view
La Loutre EV Zone plan view 5.098 500 5 098 000 5.097 500 499 000 499 500 500 000 500 500 Numerical model Ml 15-30% MM 30-10.0% Mm > 10% ® Drillhole = Wetland —- Trail Pa Tae Bélanger Projection NAD83 UTM 2 NO 300. Prepared by: \F |NNOVEXPLO September 2, 2022 LOMIKO METALS. Wineiou2in 709] “499 000
Slide 13: 2022 summer drilling program – section view
2022 summer drilling program – section view Section LL-22-003 Section LL-22- 06&07 Source: InnovExplo Consulting 13
Slide 14: 2022 summer drilling program – section view
2022 summer drilling program – section view Section LL-22-008 & 10 Section LL-22- 06 & 12 Source: InnovExplo Consulting 14
Slide 15: 2022 summer drilling program – section view
2022 summer drilling program – section view Section LL-22-014 & 21 Section LL-22- 15, 18 & 23 Source: InnovExplo Consulting 15
Slide 16: 2022 summer drilling program completed – Battery Zone
2022 summer drilling program completed – Battery Zone Finished drill program at Battery Zone • Completed 26 holes in Battery South for a total of 4,076 meters • 4.49% Cg over 144.3m in hole LL-22-054, including 8.43% Cg over 55.5m • 5.62% Cg over 27m in hole LL-22-060 including 6.58% Cg over 21.0m •
Slide 17: La Loutre Battery Zone plan view
La Loutre Battery Zone plan view • Completed 26 holes in Battery South for a total Section 1-1 of 4,076 m • Open on the South End Section 2-2 17
Slide 18: 2022 shoulder sampling results EV & Battery Zone
2022 shoulder sampling results EV & Battery Zone • Additional core sampling increases thickness of graphite zones in 28 holes • Increased thickness of greater than 3.0m were noted for 28 graphite zones • Increases greater than 20.0m were noted for 11 graphite zones ranging from 22.0 to 63.0m • The m
Slide 19: 2023 MRE Achieving 184% Increase in Tonnage
2023 MRE Achieving 184% Increase in Tonnage in Indicated Mineral Resources La Loutre Resource Estimate (Effective Date: March 31, 2023) Source: InnovExplo March 2023 2023 MRE 2021 MRE Deposit EV Battery TOTAL EV Battery TOTAL Cut-off (%) Cg 1.5 1.5 1.5 1.5 1.5 1.5 Indicated Tonnage (kt) 24,267 40,42
Slide 20: Additional exploration potential
Additional exploration potential Step out in B and C zones ▪ Additional graphite zones ▪ Follow up on preliminary greenfield exploration with drilling at Targets B & C. • Potential for 5,000 m drill program (15-20 holes) www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 20 Source: NI 43-101 Techni
Slide 21: Bourier Lithium Property
#, LOMIKO Bourier Lithium Property
Slide 22: Lithium exploration on massive claim package
Lithium exploration on massive claim package on Nemaska lithium corridor Bourier • Earned in 49% ownership from Critical Elements • 203 claims for a total ground position of 10,252.20 hectares (102 km2) that boasts other lithium deposits and known lithium mineralization • Bourier consists of volcano
Slide 23: Bourier lithium project: highly prospective region
Bourier lithium project: highly prospective region Bourier Adjacent Properties: ⮚ Galaxy Resources ⮚ Nemaska Lithium ⮚ Critical Elements 1. Rose Tantalum Project FS stage 2. Lemare Property: 21m @ 2.65% Li2O 41.5m @ 1.71% Li2O 23m @ 1.61% Li2O CELC completed drilling campaign outlining a deposit Sou
Slide 24: Bourier lithium project
Bourier lithium project Bourier Field Work Summary ▪ The analytical results feature high- grade values for zinc and tungsten and anomalies in lithium-tantalum- cesium and gold ▪ The lithium-tantalum-cesium anomalies represent an unprecedented discovery and spans along a 2.5 km long NE- trending mica
Slide 25: Bourier lithium project identifies exploration targets
Bourier lithium project identifies exploration targets with Li anomalies 2021 Exploration Results Bourier Exploration Program 2022 -2023 ▪ Completed field program in July with Critical Elements and GoldSpot AI ▪ Collected over 1000 soil samples and over 400 rock samples, mapped over 350 outcrops ▪ F
Slide 26: Bourier lithium project targeting
Bourier lithium project targeting AI Targeting at Bourier • GoldSpot highlighted lithium exploration targets at the Bourier project, using both traditional and machine learning approaches with various combinations of the numeric and categoric data and interpretations generated from the geoscience wo
Slide 27: For more information
For more information info@lomiko.com Follow us @lomikometals on socials l l l f l