Lomiko Makes Metallurgical Studies at Quatre Milles Crystalline Flake Graphite Project a Top Priority

Jan 14, 2013

Vancouver BC – LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) (the “Company”) will make completing metallurgical studies a top priority at the Quatre Milles East Flake Graphite Project in order to follow-up on positive drilling results.

2013 Goals:

-Complete Metallurgical studies on the graphite at Quatre Milles East.

-Raise the profile of the Company with Institutions

-Improve US Exposure through new listing

-Perform preliminary exploration at Quatre Milles West.

-Complete a 43-101 compliant flake graphite resource study.

China, which produces about 90 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted in order to regulate and control supply. Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

“There is currently extensive research being conducted for graphite and graphene related innovations and inventions. Over 400 patents have been filed for graphite and graphene related products in the past 5 years.” stated A. Paul Gill, CEO.

Given the high possibility of future limited supply of sought-after flake graphite and growing demand, Lomiko has acquired the Quatre Milles Project and completed 23 drill holes, all of which intersected mineralization. An NI 43-101 Resource has not been filed for the property nor has a Pre-Economic Assessment (PEA). The full extent of mineralization remains to be tested under Phase II of the exploration program along strike and at depth.

The Quatre Milles Property East is road accessible via Highway No.1 and a gravel road 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 recently optioned the Quatre Milles West Property, a 2180 Ha Property with similar geology. Combined, the Quatre Milles Property Package is 3,780 Ha.

http://www.lomiko.com/news.html

 

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