Lomiko Metals Inc.'s Profile

The Lomiko Metals Quatre Milles Property is road accessible and located approximately 175 km northwest of Montreal. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.

Why Invest in Graphite?

  • Demand for graphite has been increasing by approximately 5 per cent per year since 2000 due to the continuing modernization of China, India and other emerging economies
  • Graphite also has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power
  • There is roughly 10-20 times more graphite in a lithium-ion battery than there is lithium
  • Company now holds 4,396,970 common shares in the capital of Graphene 3D (GGG: TSX-V) representing approximately 11.23% of the outstanding Shares of Graphene 3D

Recent Company Highlights

  • Reached significant milestone by filing a provisional patent application for the use of graphene-enhanced material, along with other materials, in 3D Printing (Additive Manufacturing)
  • Announced the formation of Graphene 3D Labs Inc. to focus on the development of high-performance graphene-enhanced materials for 3D Printing
  • SUNY Research Foundation at Stony Brook University (RF), Graphene Laboratories, Inc. (Graphene Labs) and Lomiko Metals, Inc. have agreed to investigate novel, energy-focused applications for graphene.
  • Reported graphite characterization testing based on composites of seven graphite drill samples from the Quatre Milles East property has reported 75.3% of material tested was >200 mesh and classified as graphite flake with 38.36% in the >80 mesh, large flake category. 85.3% of test results were higher than the 94% carbon purity considered high carbon content, with the median test result being 98.35%.
  • Industrial clients include Fortune 500 companies involved in researching graphene and the development of graphene-related products.

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The Lomiko and Graphene Labs Strategic Alliance

Lomiko and Graphene Labs have agreed to co-develop a vertically integrated supply chain that includes a secure supply of high-quality graphite, cost-effective and scalable processing, tight quality control and integration of graphene-based products in end-user products. The parties will capitalize on the secure supply of high quality graphite, provided by Lomiko, and the extensive customer database and expertise in graphene materials brought by Graphene Labs.

Quatre Milles Graphite Property

The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.

Lomiko optioned the Quatre Milles Graphite Property to search for large flake, crystalline graphite which is sought after for use in electric cars, fuel cells, pebble-bed nuclear reactors. Graphene, a newly discovered, chicken-wire shaped formation of carbon which is one-atom thick has also re-kindled interest in large flake graphite properties. Graphene has incredible properties that can make it 200 times stronger than steel, a superconductor and heat-resistant. Research scientists world-wide are experimenting with new technology that use graphene and many new patents have been filed since the Nobel Prize was awarded for its discovery in 2010. The company announced that it has received a drilling permit and is preparing for the upcoming drilling at the Quatre Milles East Property.

The company reported results for 17 of 23 drill holes completed at the Quatre Milles East Flake Graphite Property in Quebec.

Lomiko is very encouraged by Phase I results that continue to confirm wider zones than expected from over 10 holes with mineralization starting near surface. The strike length is over 1.1 km long and open to extension.

Highlights Drill Holes 7-23

-QM 12-10 4.50 m to 47.42 m 42.92 meters of 2.47 Cg%

-including 5.46 meters of 8.02 Cg%

-QM 12-16 31.48 m to 51.00 19.52 meters of 6.23 Cg%

-QM 12-17 5.20 m to 37.73 m 32.53 meters of 2.89 Cg%

-QM 12-19 2.00 m to 43.30 m 41.30 meters of 2.73 Cg%

-QM 12-20 4.30 m to 44.75 m 40.45 meters of 2.83 Cg%

including 3.45 meters of 10.01 Cg%

-QM 12-21 1.35 m to 39.50 m 38.15 meters of 3.43 Cg%

including 4.77 meters of 10.80 Cg%

-QM 12-22 11.20m to 51.00 m 39.80 meters of 3.71 Cg%

including 9.90 meters of 8.81 Cg%

-QM 12-23 6.90 m to 50.10 m 43.20 meters of 3.71 Cg%

Historical Highlights

Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres. The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds. Three surface samples were collected and analyzed returning results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf. 23 of the initial 26 drill holes intersected graphite concentrations with graphite concentration in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres.

The Company cautions that it has not had the chance to verify the quality and accuracy of the historic sampling and drilling results reported in this news release which predate the introduction of NI 43-101 and cautions readers not to rely upon them. The historic figures were generated from sources believed to be reliable, however, they have not been confirmed. Although the sampling and drilling results are relevant, they have not been verified.

Graphicor geologists commented that the results of the initial drill program were extremely encouraging and recommended additional detailed drilling to properly understand and evaluate the potential of the propert

Salar de Aguas Caliente Lithium Brine Property

Lomiko Metals Inc. announced June 22, 2009 that it has purchased 100% of 8 pedimentos (claims) making up 1900 Ha of the Chilean Salt Lake known as Salar de Aguas Calientes. The Company now owns eight (8) of nine (9) claims that make up the Salar. One (1) claim of 400 Ha is currently owned by Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM), the primary producer of Lithium in the region.

  • The Claims are in an excellent location adjacent to a main paved highway.
  • The Salar has significant surface brines known to contain Lithium, Sulfate and Potash
  • The brines located on Lomiko claims were staked because of their excellent porosity and transmissivity *, which is required for economic extraction.
  • The claims purchased surround a mining concession held by Sociedad Química y Minera de Chile S.A. (NYSE: SQM) at Lomiko’s Salar de Aguas Calientes.
  • Producers such as SQM are searching for new sources of Lithium to meet or increase production requirements to meet current and anticipated market demand
  • The claims are within 70 km of the SQM production facility located at Salar de Atacama.
  • The potential for partnership exists with SQM, the leading producer in the region.
  • The current market for Lithium Ion batteries is anticipated to grow 25% per year.
  • The introduction of the electric car powered by Lithium Ion batteries will require new development of high grade Lithium Deposits to meet additional demand.
  • The ‘Lithium Triangle’ located at the borders of Chile, Argentina and Bolivia contains 70% of the world’s economic Lithium deposits.
  • Forbes Magazine referred to the region as the “Saudi Arabia of Lithium”.

The Vines Lake Property - Exploration Opportunity

Lomiko Metals Inc. holds the rights to 5,403 Ha located in the south western corner of the Cassiar Gold District or ‘Cassiar Gold Camp’ as it is often referred in the Liard Mining District, NTS 104P, (Figure 4.2). The Vines Lake property’s northern boundary crosses Hwy 37N 7 kilometers south of the unincorporated settlement of Jade City. Highway 37 N bisects the property north to south.

 

Last changed at 18-Nov-2016 03:02PM by AGORACOM

Management & Directors

  • A. Paul Gill

    President and Chief Executive Officer

    Mr. Gill is the President of AJS Management Inc., a company providing management consulting to private and public companies. He has also been involved in the strategy, planning and implementation phases of re-structuring organizations. Until October 2006, Mr. Gill was heavily involved in the dynamic growth stage of Norsemont Mining where the company grew from a market capitalization of $1 million to $50 million. During his tenure with Norsemont Mining, Mr. Gill was the VP of Business Development and Director as well as the President & CEO, Chief Financial Officer and Corporate Secretary. Mr. Gill previously provided advice on health and safety issues and Workers’ Compensation matters to individuals and businesses.

  • Jacqueline Michael

    Chief Financial Officer

    Ms. Michael has over 20 years of financial and administration experience. In 1988, Ms. Michael co-founded The Conac Group, a software development company for construction management, where she acted as President and CEO. In 1997, Ms. Michael was successful in taking the company public on the CDNX Exchange and helped raise over $5 million in private placement financings for the company. Ms. Michael has acted as the President and Chief Executive Officer for public companies for over 10 years.

  • Mark Nesbitt

    Director

    Mr. Nesbitt is a natural resources attorney in Denver, Colorado specializing in domestic and international mining transactions, agreements, negotiations, title, due diligence, corporate and general business counsel. He received a B.S. degree in Geology from Washington State University and was a member of Sigma Gamma Epsilon. He received his J.D. from Gonzaga University following service in the U.S. Army and working as a field exploration geologist for Cominco and Kennecott. Before entering private practice in 1988, Mr. Nesbitt worked for Homestake Mining Company, Amoco Minerals Company, Cyprus Minerals Company and Minatome Corporation, a subsidiary of Total Petroleum.

    Mr. Nesbitt was an Adjunct Professor at the University of Denver School of Law's Masters of Law Program from 2001 through 2007, is an active member of the Rocky Mountain Mineral Law Foundation, having served as a Trustee from 1987 to 1993, and from 2003 to the 2006, co-chairman of the Foundation’s Mining Session at its International Mining, Oil & Gas conference in Buenos Aires in 2007 (held in conjunction with the International Bar Association), co-chairman of the Foundation's conference on Mining Law and Investment in Latin America held in April, 2005 in Lima, Peru (also in conjunction with the International Bar Association), and Chairman of the same institute in 2003, also in Lima, Chairman of the Landman's Section of the Foundation's 35th Annual Institute, speaker at the 37th, 39th and 43rd Rocky Mountain Mineral Law Annual Institutes, and Chairman of the Foundation's first Land and Permitting Special Institute in 1994. He has also served continuously over the years on the Foundation's Special Institutes Committee, Long Range Planning Committee, and numerous other committees. He has an “AV Preeminent” Martindale-Hubble peer review rating, is listed in The International Who’s Who Legal of mining attorneys, is currently writing a new mining act for a developing African country, and is recognized by the World Bank as qualified to draft such laws.

    Mr. Nesbitt is a member of the International, American, Colorado and Denver Bar Associations, Rocky Mountain Mineral Law Foundation, Mining & Metallurgical Society of America, International Mining Professionals Society and Colorado Mining Association. He is also a former Director of the Colorado Mining Association and past President of the Rocky Mountain Association of Mineral Landmen.

  • Julius Galik

    .

    During the past 7 years, Mr. Galik has been instrumental in the development and financing of various small capitalized companies, both private and public. A businessman and financial advisor with PFSL, he has been Mutual Find Licensed since 2001. Mr. Galik currently serves as President of Dorex Minerals Inc. (DOX). He has been involved in start-up situations within the mining exploration industry in Western Canada since 2002, and brings strong leadership, mediation and negotiation skills to the Board, as well as many years of financial experience.

  • Rod Ogilvie P.GEO, P.ENG

    Advisory Board

    Rod is the President, CEO and Chairman of his geological consultancy company, Global Geological Services, Ltd. based in Saskatoon. He has over 39 years experience in all mineral scenarios from surface and underground production to mine development to green and brownfields scenarios. His vast international experience with companies like Cameco and Vale has led him into many countries and vast array of mineral scenarios. His extensive gold, coal, uranium, potash, iron ore, alluvial diamonds and base metals experience allows him to give expert advice. His projects have taken him to Mongolia, Russia, China, Bosnia, Brazil, Peru, Guyana, Mexico, Boliva, Gabon as well as Canada.

Broker Fact Sheet

  • LMR Broker Fact Sheet
    Thu Mar 29, 2019
    Fact sheet details
Lomiko Metals Inc.
Symbol
LMR
Exchange
TSX-V
Shares
186,673,910 I/O Oct 2016
Industry
Metals & Minerals
Website
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