Thursday, May 24, 2012

Lomiko Doubles Down on Graphite LMR.v

Lomiko Will Drill to Prove Up a Historic Quebec Graphite Target LMR.v

  "We have more promotion from Lomiko Metals and more colours to the potential of its Graphite project in Canada. Graphite is in the headlines of news letter writers - James Dines has made his pick as well, now the exploration results will separate the pump and the real projects."

Lomiko Outlines 2012 Goals for High Purity, Large Flake Crystalline Graphite Exploration LMR.v

"Apparently, CEO of Lomiko Metals has found the right words to position the company into the "new hot market" - Graphite - at the Toronto conference yesterday. He buys the shares himself and it always helps communication with investors. Now we have more details about the Graphite project and plans for its development to digest."

Venture Capital Radio interviews Lomiko Metal's CEO Paul Gill about Graphite LMR.v

Lomiko to Outline 2012 Drilling Plan for Quatre Milles at Toronto Graphite Conference May 2, 2012 LMR.v

"CEO of Lomiko Metals continues to Buy shares of his company."

Lomiko Metals - Energy Metals: Graphite and Lithium

"Looks like Lomiko Metals has found its new life after it has acquired the Graphite property and engaged in its marketing. Rick Mills has covered the Graphite story recently and we will see who has the goods in the end. So far the stock has a very impressive run from 2 cents to as high as 18. Real exploration program should show the potential of this project."

May 14, 2012, 9:16 a.m. EDT

Lomiko Metals Significantly Expands its Quatre Milles Graphite Property

May 14, 2012 (ACCESSWIRE-TNW via COMTEX) -- Vancouver BC - LOMIKO METALS INC. CA:LMR +6.67% LMRMF -6.25% DE:DH8B +1.64% (the "Company" or "Lomiko") is pleased to announce that it has signed a letter agreement with three vendors to acquire a 100%-interest in the 2,180 hectare Quatre Milles West Property, located in southern Quebec.
The Quatre Milles West Property covers the western extension of the geology that hosts the drilled graphite bearing structures at the Company's Quatre Milles Property. The combined property now covers two separate claim blocks, one 8 km by 7 km, and the other 7 km by 5 km, which brings the expanded Quatre Milles Property from approximately 1,600 hectares to 3,780 hectares.
To earn its 100%-interest, Lomiko must pay C$3,000 and issue 1,800,000 shares, subject to TSX Venture Exchange acceptance and grant the vendors a 2% NSR of which the first 1% may be purchased for $1 million.
The underlying geology of the Quatre Milles West Property consists of intercalated aluminous biotite paragneiss with graphite, biotite feldspar paragneiss, marble with graphite at contact with other units, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.
A map showing the expanded property will be posted to the Company's website at:
The Company is currently planning an exploration program for the Quatre Milles Property including mapping, prospecting and diamond drilling to test and confirm the areas of historical high-grade graphite intersected previously by Graphicor Resources Inc. ("Graphicor") on the property.
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 was originally staked and explored by 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.
23 of the initial 26 drill holes intersected graphite concentrations with 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.
Southwestern Quebec is host to some of the most favourable geological terrain for graphite exploration in Canada and is known for hosting graphite resources, including the Lac Des Iles mine operated by Timcal. Lac des Iles is the largest of two Canadian graphite producers. It has been in production for over 20 years and produces graphite products of various sizes and purities.
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 , contact A. Paul Gill at 604-729-5312 or email:
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.

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