Lomiko Metals Inc., CA54163Q1028

Lomiko Metals Inc., CA54163Q1028

07.03.2017 - 15:23:21

Lomiko and Canada Strategic Complete Drilling Program and Report Best Intercept of 110.80 Metres of 14.56% Flake Graphite

Vancouver, British Columbia and Montreal, Quebec (Newsfile Corp. - March7, 2017) - Lomiko Metals Inc. (TSXV: LMR) (OTCQB: LMRMF) (FSE: DH8C)('Lomiko') and Canada Strategic Metals Inc. (TSXV: CJC) (FSE: YXEN) (OTCPink: CJCFF) ('Strategic Metals') are very pleased to announce additionalhigh grade graphite results from the Refractory zone at the La Loutreproject.The area of mineralization appears to be 200 metres wide, have a currentstrike length of over 400 metres in a north-west to south east directionand is open in both directions.The table below shows the results from infill drilling, from Hole LL-16-01to LL-16-010. A map of drill holes can be found on the Company's websiteunder the heading 'Quicklinks': February 2017 Drill Map [url:https://www.lomiko.com/public/files/others/Refractory%20zone%20location%20composite%20map%20(resultats%201-6)%20(eng)%20(1).pdf], which includes 2015and 2016 results and highlights. In December 2016, the companies completeda1550 M drill program of 10 holes in the Refractory Zone.'The current drilling program has resulted in a major discovery of nearsurface, flake graphite. This provides us the opportunity to define ourproposal for a low footprint, open pit operation,' stated A. Paul Gill, CEOof Lomiko Metals Inc.The La Loutre property consists of contiguous claim blocks totallingapproximately 2,867.29 hectares (28,67 km2) situated approximately 53 kmeast of Imerys Carbon and Graphite, formerly known as the Timcal GraphiteMine, North America's only operating graphite mine, and 117 km northwest ofMontreal.Table of Mineralized intersections*+ + + + + + + + + +|Drill Hole|Easting|Northing|Azimuth|Dip| From | Mineralisation | Gp % || # | (UTM) | (UTM) | (°) |(°)| (m) | | |+ + + + + + + + + +| | | | | | | To | Length | || | | | | | | (m) | along | || | | | | | | |the core | |+ + + + + + + + + +| | | | | | | | | |+ + + + + + + + + +|LL-16-001 |499463 |5098099 | 60 |-50| 3.90 |139.50 | 135.60 | 7.74 |+ + + + + + + + + +| | INCLUDES: | 3.90 | 48.00 | 44.10 | 16.81 |+ + + + + + + + + +| | INCLUDES: |135.00|138.00 | 3.00 | 14.85 |+ + + + + + + + + +|LL-16-002 |499386 |5098159 | 60 |-50| 3.90 | 26.20 | 22.30 | 17.08 |+ + + + + + + + + +| | INCLUDES: |113.9 |129.00 | 15.10 | 14.80 |+ + + + + + + + + +|LL-16-003 |499507 |5098018 | 60 |-50|30.20 |141.00 | 110.80 | 14.56 |+ + + + + + + + + +|LL-16-004 |499352 |5098160 | 60 |-50| NSV |+ + + + + + + + + +|LL-16-005 |499350 |5098276 | 60 |-50|55.80 | 57.40 | 1.60 | 13.35 |+ + + + + + + + + +|LL-16-006 |499294 |5098252 | 60 |-50|54.00 |141.00 | 85.00 |7.67*** |+ + + + + + + + + +| | INCLUDES: |109.50|141.00 | 31.50 | 13.09 |+ + + + + + + + + +|LL-16-007 |499291 |5098285 | 60 |-50|52.50 |115.80 | 63.30 | 8.51 |+ + + + + + + + + +| | INCLUDES: |69.00 | 85.50 | 16.50 | 15.75 |+ + + + + + + + + +|LL-16-008 |499201 |5098300 | 60 |-50|109.50|121.50 | 12.00 | 3.91 |+ + + + + + + + + +|LL-16-009 |499188 |5098354 | 60 |-50| NSV |+ + + + + + + + + +|LL-16-010 |499326 |5098281 | 60 |-50|31.20 | 45.00 | 13.80 | 4.14 |+ + + + + + + + + +| | | | | |72.00 |147.00 | 75.00 | 4.60 |+ + + + + + + + + +* Length along the core. The company does not have enough information toestimates the true width of the mineralized zone intersected in the drillholes.The 2016 drilling program is managed by Consul-Teck Exploration ofVal-d'Or, Quebec, who designed the drilling campaign, supervised theprogram and logged and sampled the core.Consul-Teck Exploration implemented QA/QC procedures to ensure bestpractices in sampling and analysis of the core samples. The drill core waslogged and then split, with one half sent for assay and the other retainedin the core box as a witness sample. Duplicates and blanks were insertedregularly into the sample stream.The samples in secure tagged bags were delivered directly to the analyticalfacility for analysis. In this case, the analytical facility was the ALSminerals in Val-d'Or, Quebec. The samples are weighed and identified priorto sample preparation. The samples are crushed to 70% minus 2 mm, thenseparated and pulverized to 85% passing 75µm. All samples are analyzed forCarbon Graphite using C-IR18.Jean-Sebastien Lavallee (OGQ #773), Geologist, is a shareholder of bothcompanies, President and Chief Executive Officer of the Canada Strategicand a Qualified Person under NI 43-101, has reviewed and approved thetechnical content of this release.For more information on Lomiko Metals, review the website atwww.lomiko.com, contact A. Paul Gill at 604-729-5312 or email:info@lomiko.com.On Behalf of the Board'A. Paul Gill'Chief Executive OfficerWe seek safe harbor.Neither TSX Venture Exchange nor its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.Click on, or paste the following link into your web browser, to viewthe associated documentshttp://www.newsfilecorp.com/release/25524

07.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Lomiko Metals Inc.

Canada ISIN: CA54163Q1028   End of News DGAP News Service

551217  07.03.2017 

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