Lomiko Metals Inc. (TSXV: LMR) (“Lomiko” or the “Company”) is pleased to announce the receipt of the Autorisation pour travaux d’exploration à impacts (“ATI”) for its planned 250-tonne bulk sample at La Loutre Graphite deposit. This bulk sample is an essential aspect of the ongoing research and development to scale up and confirm the process of producing anode material. The bulk sample work will be done in the fall, after the holiday and hunting seasons. Some noninvasive work and mapping will start through the summer. The Company will continue to provide transparent and full information and comply with ECOLOGO for all field work.
Gordana Slepcev, CEO, President, and Director, stated: “We are happy to announce that we have received the ATI permits to initiate the field and work on the 250 tonne bulk sample excavation and processing. The bulk sample will be used to start the work on the scaling up of the anode testing work and demonstrate on a larger scale the results already achieved in the lab-scale testing, showing positive results for use in anode battery technology. This work is supported by a contribution agreement for building Canadian expertise and processing capabilities in graphite. Graphite is one of the six priority critical minerals.”
In addition, Lomiko is presently in a permitting phase, as previously announced, to commence geotechnical site investigations with Ministère des Ressources naturelles et des Forêts (“MRNF”). All Canadian contractors have been announced, and Lomiko is proud to have retained the vast majority, and few exceptions, with Southern Quebec-based consulting and contractor team for the Pre-Feasibility Studies. See press releases dated April 24, 2025 and May 21, 2025, for details.
Lomiko will continue to engage with community members and remains open to answering questions via regular virtual meetings, the company’s Facebook page and direct emails. The information sessions are published on the company’s Facebook page and website.
Qualified Person
The technical content presented in this press release was reviewed and approved by Gordana Slepcev, P.Eng., who is the CEO & President of Lomiko Metals and acts as the “Qualified Person” as that term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Private placement
The Company further advises that it will not seek approval from the TSX-V for a second extension to the closing of a 2nd flow-through tranche, which closes June 30, 2025; details of which are disclosed in the Company’s original press release dated April 1, 2025
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