Highlights
Additional core sampling increases thickness of graphite zones in 28 holes
Increased thickness of greater than 3.0m were noted for 28 graphite zones
Increases greater than 20.0m were noted for 11 graphite zones ranging from 22.0 to 63.0m
Most significant intersection is 7.09% Cg over 210.9m from 4.5 to 215.4m in hole LL-22-042 now joining two previously outlined zones
Second most significant intersection is 9.405% Cg over 154.5m from 32.0 to 186.5m in hole LL-22-032
Graphite mineralization >1.0% Cg was determined in marble and quartzite units including a new marble graphite carrying zone between these paragneiss intervals in hole LL-22-042, in addition to the marble zone at the bottom of the paragneiss sequence in
Shoulder sampling has also shown that 9 holes in the EV and Battery zones remain open at depth
Southeast and northeast end of EV zone remain open
The assay results reported in this press release are for 33 holes where additional core samples were collected to close intervals of graphite mineralization reported in previous press releases. This shoulder sampling resulted in increasing the thickness of the mineralization for 28 holes. Intervals are considered closed where graphite values fall below 0.50 per cent graphite ('Cg') over at least four successive core samples (i.e., totalling approximately 6.0 metres of core.) Out of twenty-eight holes that have shown an increase in the width of the mineralization, twenty-two were drilled in the
Increases of 3.0m or more to the thickness of graphite zones were noted for 28 intersections generally without significant dilution of the graphite grade. Eleven of these intersections showed increased thickness greater than 20.0m ranging from 22.0m up to a maximum of 63.0m. The most notable result of the additional sampling is in hole LL-22-042. Originally two intervals of graphite mineralization were reported in this hole including 8.68% Cg over 94.5m from 4.5 to 99.0m and 6.64% Cg over 94.4m from 121.0 to 215.4m. These intersections are in paragneiss. An interval of marble between these paragneiss intervals was originally not sampled as it was assumed that the marble did not contain graphite. In fact, the additional sampling showed the marble to contain significant graphite mineralization with a weight average of 2.13% Cg over 22.0m from 99.0 to 121.0m. Moreover, the graphite is evenly distributed in the marble with a minimum value of 1.42% Cg and a maximum value of 3.26% Cg. Most importantly, the additional sampling joined the two previously reported zones to provide a revised weight average in hole LL-22-042 of 7.09% Cg over 210.9m from 4.5 to 215.4m (the end of the hole). The last sample assayed 3.14% Cg indicating that the graphite mineralization continues beyond the end of the hole (i.e., the interval remains open below the end of the hole). Holes LL-22-025, -045 and -046 and were also stopped in mineralization and remain open below the end of the hole. Five holes including LL-22-023, -046, -055, -056 and -064 remain open above the first sample of the interval. The additional sampling connected zones that were previously reported as separate zones, in holes LL-22-012 and -021 and -032. One new graphite zone was defined in hole LL-22-062 by the additional sampling.
About
In addition to La Loutre, Lomiko is working with
About the
The Company holds mineral interests in its La Loutre graphite development in southern
The Property is underlain by rocks belonging to the
Contact:
Gordana Slepcev
T: 647-391-7344
T: 647-402-8379
T: 1-833-456-6456
T: 1-833-4-LOMIKO
Email: info@lomiko.com.
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