Agoracom Updates

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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