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 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.    Download the Technical Report.

 

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.

 

 

2014 Strategy

Lomiko plans to start Phase II of the Exploration Program which will require up to 50 drill holes to establish a resource.

 

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.

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