Lomiko Metals Inc (LMRMF)

[overlordpeter]

TSXV-Listed Canada Strategic Metals, Lomiko Metals Announce High Grade Graphite Results (CVE:CJC)

anada Strategic Metals Inc. (CJC.V) and Lomiko Metals Inc. (LMR.V) reported near surface, high grade flake graphite results, the last series of infill drilling on the main zone. Highlights include 21.55 metres of 11.56%, 57.95 metres of 3.36% including 6.10 metres of 13.66% and 28.75 metres at 4.44% flake graphite at La Loutre “The drilling campaign has been successful in intercepting significant lengths of high grade material. We look forward to further metallurgical testing and characterization to discover the potential of the material in various end uses such as graphene, coated spherical graphite for electrical vehicle batteries and the nuclear industry,” stated A. Paul Gill, CEO of Lomiko Metals Inc. The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28,67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal.

The stock is 0.00% or $0 after the news, hitting $0.035 per share. It is up 6.00% since November 9, 2015 and is uptrending. It has outperformed by 6.80% the S&P500.