Posted in | News | Mining Business

Lomiko Metals Starts Drill Hole Campaign at La Loutre Graphite Project

Lomiko Metals Inc. is delighted to report that it has begun an infill and extension drill program at its fully owned La Loutre graphite project, which is located about 180 km northwest of Montréal in the Laurentian area of Québec, as of May 17th, 2022. At the “Electric Vehicle” or “EV” and the Battery regions, the program expects to drill approximately 18,000 m in 120 holes.

 

Figure 1. Location of existing and planned 2022 holes. Image Credit: Lomiko Metals.

Breakaway Exploration Management of Québec has been commissioned by Lomiko Metals to plan and execute the 2022 exploration drilling program at the La Loutre project, with Fusion Drilling doing the drilling. Based on site factors, the Company estimates that the drilling program will take four to five months to accomplish.

Following the conclusion of the drilling and test findings, Lomiko has appointed InnovExplo, a Quebec-based independent consulting firm specializing in geology, mining engineering, and sustainable development, to generate a revised NI 43-101 resource estimate for the La Loutre project.

The program’s purpose is to expand on the favorable Preliminary Economic Assessment for the La Loutre site revealed in the Company’s press release on July 29th, 2021. Lomiko has also received UL ECOLOGO® certification for mineral exploration, which is already being deployed in the field, as revealed in a press release issued on March 22th, 2022.

Initiating the infill and extension drill program at the La Loutre graphite project is an important step in the project development as we look to increase confidence in our mineral resources. We also appreciate the ongoing engagement that is required with our communities as we move forward with this exploration program and the future studies of this project.

Belinda Labatte, CEO and Director, Lomiko Metals Inc.

Source: https://lomiko.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.