Fidelity SPDR Advertisement
Home > Boards > US Listed > Mining/Resources > Lomiko Metals Inc. (LMRMF)

Lomiko Invites Investors to 'Be In The Room'

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
SPARK Member Profile
Member Level 
Followed By 491
Posts 32,858
Boards Moderated 3
Alias Born 01/18/01
160x600 placeholder
Orange made a $4.3 billion offer for Spanish broadband and cellphone operator Jazztel, raising its bet in one of the euro-zone's fastest-growing economies.
More Top Equities Stories Of The Day
Microsoft, Pandora Lead Tech Higher
China Foreign Direct Investment at Four-Year Low -- Update
U.S., EU Widen Sanctions on Russia
U.S. Hot Stocks: Hot Stocks to Watch
U.S. Livestock Futures Prices Mostly Lower On Demand Caution
Correction to China Mining Story on Sept. 11
U.S. stocks were mixed, but technology stocks suffered sharp losses in cautious trading
Santander Chairman Emilio Botín Dies Aged 79 -- Update
SPARK Member Level  Friday, 02/10/12 01:06:39 PM
Re: None
Post # of 51 
Lomiko Invites Investors to 'Be In The Room' at The World Outlook Conference to Discuss Graphite

Lomiko Metals Inc. LMR

2/10/2012 7:08:00 AM



Lomiko Invites Investors to 'Be In The Room' at The World Outlook Conference to Discuss Graphite


(via Thenewswire.ca)

Lomiko Metals Inc. (TSX-V: LMR; OTC: LMRMF; FSE: DH8B, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company" or "Lomiko") invites shareholders and investors to the World Outlook Conference which takes place Friday, February 10th and Saturday February 11th at the Westin Bayshore Inn, Vancouver. Hosted by MoneyTalks Radio's Michael Campbell, this year's show will feature speakers such as Jim Dines, Josef Schachter, Martin Murenbeeld, Ozzie Jurock, Mark Liebovit and Ryan Irvine.

Lomiko's recent acquisition of the Quatre Mille Graphite Property has drawn attention from investors curious to find out more about the project and the graphite space.

Lomiko's CEO and a surprise guest will be present at the booth and will be available for investors wanting to learn more about graphite, graphene and why there is so much attention on this new age industrial mineral.

"Being There - the right place, the right time and with the right information is half the battle", stated A. Paul Gill, CEO, Lomiko Metals Inc"Graphite and grahene are getting a lot of attention in the last month".

Although there is a charge for attendance, the conference has discount rates for students. Register at:

http://moneytalks.net/where-to-now.html

Lomiko's 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.

The property was originally staked and explored by Graphicor Resources Inc. ("Graphicor") in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

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 property.

Graphite Market

-The price for flake graphite is $ 2000-$3000 per tonne depending on flake size and grade.

-Graphite prices have been increasing in recent months and over the last couple of years prices for large flake, high purity graphite (+80 mesh, 94-97%C) have more than doubled.

-Graphite prices have almost tripled since 2005 due to the ongoing industrialization of China, India and other emerging economies and resultant strong demand from traditional steel and automotive markets.

-Demand for graphite is expected to rise as electric vehicles and lithium battery technology are adopted.

-China, which produces about 70 per cent of the world's graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted.

-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).

Graphite Facts

-Natural graphite comes in several forms: flake, amorphous and lump.

-Southwestern Quebec is host to some of the most favorable geological terrain for graphite exploration in Canada and is known to host graphite resources, including the nearby Lac Des Iles mine operated by Timcal.

-Graphite has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power that have the potential to create significant incremental demand growth.

-There is roughly 20-30 times more graphite by weight needed to produce a lithium-ion battery than there is lithium.

-Of the 1.2 million tonnes of graphite produced annually, approximately 40 per cent is of the most desirable flake type.

-High-growth, high-value graphite applications require large-flake and high-purity graphite which is the prime exploration and development target at the Quatre Milles Property.

Near-Term Strategy

Lomiko plans to mount an aggressive exploration campaign on the Quatre Milles Graphite Property commencing with a complete compilation of historic geologic work followed by surface mapping, prospecting and follow-up diamond drilling.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at www.lomiko.com, or contact A. Paul Gill at 604-729-5312 or by email at: info@lomiko.com.

On Behalf of the Board

"A. Paul Gill"

Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2012 Thenewswire.ca - All rights reserved.



TheNewsWire

February 10, 2012 - 7:08 AM EST



ME LIKES!
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist