Graphite Properties

 La Loutre Project

The La Loutre Property consists of 1 large contiguous block of 42 mineral claims totaling 2,508.97 hectares (25.09 km2) located approximately 53 km east of Timcal's Lac des Iles graphite mine, 117 km northwest of Montréal in southern Québec.

The La Loutre Property was originally explored for base and precious metals by Soquem in 1989. Based on the results of a helicopter-borne electromagnetic (EM) survey, prospecting and reconnaissance geological mapping, their work identified several zones of parallel conductors each measuring as much as 2 kilometers long. Ground exploration followed in 1990, and according to historical reports by Levesque and Marchand, graphite is present in different lithologies on the property.

 

The geology is consistent with the Central Metasedimentary Belt of the Grenville Province and includes quartzofeldspathic rocks, quartzite, biotite gneiss, marble and locally pegmatitic quartzofeldspathic rocks. Graphite is locally present in quartzite and biotite gneiss and in shear zones where the graphite content usually ranges from 1-10% graphite on surface, including visible flakes, with the showings indicating an apparent strike length of approximately 5 kilometers, giving a large prospective area to explore for a graphite resource.

Graphite grab sample assay results derived from the Company's recent sampling and mapping program on the La Loutre property. The sampling program has confirmed a graphite bearing structure covering an area approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones of 30-50 meters wide. Another area has also been identified covering approximately 2 kilometers by 1 kilometer in multiple parallel zones of 20-50 meters wide which includes results up to 18% graphite.

 

The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.  A full set of drill results are reported in the February 9, 2015 news release.

 

Highlighted Drill Results From La Loutre

 

Hole #

From (m)

To (m)

Length* (m)

Gp  %

LL-14-05

6.65

135.00

128.35

4.72

LL-14-15

3.40

56.65

53.25

4.40

LL-14-17

3.70

17.90

14.20

6.52

LL-14-19

3.00

15.40

12.40

5.36

LL-14 -21

15.3

35.6

20.3

8.01

LL-14-24

14.1

32.25

18.15

7.73

 

*Length along the core.  The Company estimates the true width of the mineralized zone at 70 to 90% of the width intersected in the drill holes.

 

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.

 

The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d'Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Carbon Graphite using C-IR18.

 

La Loutre Graphite Purity Results

 

US Mesh Sieve Size Sample #1 
3.46%  Cg
Size class Grade, % Graphite
-200 14.26% Fine 100.00%
200 – 100 mesh 22.12% Small 100.00%
100-80 mesh 7.90% Medium 100.00%
80-50  mesh 19.06% Large 96.00%
>50 mesh 36.66% Extra Large 87.72%
Total ( 200) 85.74% Average Grade 94.74%

 

 

-200 13.00% Fine 100.00%
200 – 100 mesh 21.26% Small 98.15%
100-80 mesh 10.46% Medium 97.56%
80-50  mesh 19.62% Large 97.30%
>50 mesh 35.67% Extra Large 96.15%
Total ( 200) 87.00% Average Grade 97.45%

 

-200 14.58% Fine 99.02%
200 – 100 mesh 23.68% Small 100.00%
100-80 mesh 9.87% Medium 100.00%
80-50  mesh 24.38% Large 100.00%
>50 mesh 27.47% Extra Large 100.00%
Total ( 200) 85.42% Average Grade 99.86%

 

Graphite Grab Sample Results

 

Graphite Results (Sample Number & Graphite Percentage)
# % # % # % # % # %
98557 22.04 98581 4.89 98567 2.97 98563 1.72 98660 1.04
98577 18.08 98670 4.49 98593 2.76 98628 1.69 98619 1.02
98667 18.04 98655 4.35 98552 2.63 98629 1.65 98631 1.00
98597 16.52 98560 4.29 98595 2.60 98592 1.64 98603 0.98
98578 15.52 98574 4.28 98626 2.60 98651 1.61 98602 0.97
98653 10.19 98579 4.25 98652 2.58 98669 1.58 98661 0.94
98622 8.20 98671 4.21 98654 2.48 98556 1.49 98564 0.94
98663 7.34 98668 3.96 98586 2.43 98585 1.47 98598 0.92
98615 6.85 98610 3.89 98627 2.27 98575 1.46 98606 0.87
98662 6.60 98617 3.80 98562 2.27 98571 1.46 98596 0.86
98657 6.53 98558 3.77 98591 2.21 98599 1.44 98565 0.85
98656 6.45 98561 3.72 98582 2.11 98621 1.41 98601 0.82
98607 6.28 98559 3.67 98630 1.99 98551 1.36 98612 0.80
98568 6.25 98580 3.59 98620 1.98 98625 1.25 98666 0.78
98576 6.25 98665 3.55 98658 1.96 98589 1.19 98613 0.77
98566 6.05 98673 3.40 98609 1.96 98623 1.16 98600 0.73
98618 5.48 98588 3.24 98572 1.96 98570 1.15 98611 0.72
98569 5.46 98583 3.21 98659 1.92 98604 1.14 98553 0.65
98664 5.36 98584 3.16 98614 1.87 98674 1.11 98555 0.46
98672 5.06 98587 3.01 98608 1.82 98590 1.10 98554 0.30
98616 5.00 98594 3.01 98605 1.73 98624 1.10 98573 0.16

 

* Grab samples are selective by nature and are unlikely to represent the average grade of a deposit.

 

Quatre Milles East-West 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 QMEW, staked in 2012, comprises of two claims blocks, one the East Claim Block consisting of 28 contiguous mineral claims covering 1,641 hectares for 16.41 km2 and the West Claim Block consisting of 37 contiguous mineral claims covering 2,183 hectares for 21.83 km2, all in good standing and 100% owned by Lomiko Metals Inc.   

 

Recent Discovery on Quatre Milles West

 

On July 10, 2014, a survey was conducted to characterize the sub-surface rocks with respect to their signature to the magnetic and VLF-EM methods, and to identify response possibly associated to graphite mineralized occurrences. In total, 88 VLF-EM conductors axis were identified.  23 new conductors are prioritized for further review.  Conductors that are associated to magnetic anomalies are likely caused by pyrrhotite rich sulphide occurrences.  However, most of the conductors do not show correlation with the magnetic signal and the strongest VLF-EM anomalies are thus possibly caused by graphite mineralization.

 

Download the VLF-EM Survey

 

Highlighted Drill Holes

  • QM 12-04 5.00 m to 75.00 m 70.00 meters of 2.17 Cg%

including 12.50 meters of 4.58 Cg%

  • QM 12-03 3.50 m to 54.62 m 51.12 meters of 1.48 Cg%

  • QM 12-06 40.00 m to 71.50 m 31.50 meters of 1.94 Cg%

  • QM 12-10 4.50 m to 47.42 m 42.92meters of 2.47 Cg%

including 5.46 meters of 8.02 Cg%

  • QM 12-16 31.48 m to 51.00 19.52meters of 6.23 Cg%

  • QM 12-17 5.20 m to 37.73m 32.53 meters of 2.89 Cg%

  • QM 12-19 2.00 m to 43.30m 41.30 meters of 2.73 Cg%

  • QM 12-20 4.30 m to 44.75 m 40.45 meters of 2.83 Cg%

including 3.45 meters of 10.01 Cg%

  • QM 12-21 1.35 m to 39.50 m 38.15 meters of 3.43 Cg%

including 4.77 meters of 10.80 Cg%

  • QM 12-22 11.20m to 51.00 m 39.80 meters of 3.71 Cg%

including 9.90 meters of 8.81 Cg%

  • QM 12-23 6.90 m to 50.10 m 43.20 meters of 3.71 Cg%


Complete Quatre Milles Drill Results (Click Link)

 

http://www.lomiko.com/public/files/others/Lomiko_Quatre%20Milles_2013_drill%20map.pdf

 

 

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. Lomiko recently optioned the Quatre Milles West Property, a 2180 Ha Property with similiar geology. Combined, the Quatre Milles Property is 3,780 Ha.

Kaimika Lake & Quatre Mille Area

Map of the Quatre Mille Graphite Property & Area

Historical Highlights - Quatre Milles East

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. A summary of historical drill results is as follows:

 

HOLE NO.

FROM(M)

TO(M)

WIDTH (M)

GRADE
(% CGP)

Q90-1

8.94

10.46

1.52

7.33

Q90-2

28.68

30.13

1.45

10.38

Q90-3

16.23

17.84

1.61

4.09

Q90-4

9.4

14.1

4.7

3.95

Q90-5

2

3.90

1.90

2.07

Q90-5

22.13

23.25

1.12

10.52

Q90-6

32.54

41.19

8.65

8.07

Q90-6

43.47

44.05

0.98

3.87

Q90-7

3.94

32.54

28.60

8.07

Q90-8

1.54

2.16

0.62

14.89

Q90-8

5.23

8.05

2.82

7.45

Q90-9

2.05

3.10

1.05

8.47

Q90-9

5.76

6.8

1.04

10.86

Q90-10

2.14

5.54

3.40

8.02

Q90-10

7.03

7.61

0.58

10.59

Q90-10

8.53

9.03

0.50

15.48

Q90-10

9.27

11.24

1.97

12.37

Q90-10

14.16

15.46

1.30

4.26

Q90-11

26.82

34.02

7.20

4.63

Q90-12

0.94

8.53

7.59

8.60

Q90-12

38.16

43.61

5.45

3.79

Q90-13

0.69

10.28

9.59

4.64

Q90-13

40.95

43.14

2.19

3.82

Q90-14

5.56

7.22

1.66

8.12

Q90-15

2.21

5.59

3.38

9.76

Q90-16

 

 

 

NSV

Q90-17

15.48

18.63

3.15

8.11

Q90-17

21.43

23.67

2.24

13.29

Q90-17

36.77

47.97

11.20

5.88

Q90-17

57.15

58.21

1.06

9.53

Q90-17

59.54

69.82

10.28

5.99

Q90-18

10.68

12.90

2.22

8.12

Q90-19

47.80

49.25

1.45

9.16

Q90-19

50.42

58.49

8.07

5.72

Q90-20

13.51

16.98

3.47

5.81

Q90-21

2.80

4.98

2.18

5.56

Q90-22

17.37

20.04

2.67

2.58

Q90-23

 

 

 

NSV

Q90-24

1.78

4.14

2.36

3.77

Q90-24

12.32

13.09

0.77

4.20

Q90-24

16.86

18.66

1.80

4.96

Q90-25

19.69

21.24

1.55

3.67

Q90-25

25.27

26.65

1.38

9.66

Q90-26

 

 

 

NSV

 

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.

 

 

2015-16 Strategy

 

 

Lomiko is assessing the property for further development.

 

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

LATEST NEWS

07/29/15

LOMIKO AND CANADA STRATEGIC FIND WIDE-RANGING HIGH GRADE SAMPLES UP TO 27.6% FLAKE GRAPHITE AT LA LOUTRE

Click here to read more...

07/27/15

LOMIKO AND CANADA STRATEGIC MOBILIZE DRILL RIG TO LA LOUTRE PROPERTY

Click here to read more...

07/21/15

LOMIKO HIRES DRILLING COMPANY FOR LA LOUTRE CRYSTALLINE FLAKE GRAPHITE PROPERTY FOR RESOURCE ASSESSMENT

Click here to read more...

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