Gordana Slepcev of Lomiko Metals talks about their 18,000m drill program and graphite’s ESG future
In this InvestorIntel interview with host Tracy Weslosky, Lomiko Metals Inc.‘s (TSXV: LMR | OTCQB: LMRMF) COO Gordana Slepcev talks about the company’s aggressive 18,000 m drill program currently underway at their La Loutre graphite project in Quebec with first results expected later this summer.
In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Gordana discusses progress on the 120 drill holes on targets named the “Electric Vehicle Zone” and the “Battery Zone” at La Loutre. “The names of the zones are aspirational of where we want to be we want to be,” Gordana told Tracy, “a supplier of critical minerals, especially the graphite for these new and emerging technologies.” Gordana goes on to say that initial lab purification results from Lomiko’s La Loutre graphite project have resulted in over 99.9% purity and low contaminant levels, so “some of the physical and chemical characteristics of the graphite are excellent – better than we actually expected for this first pass.”
Gordana also talks about the importance of Lomiko’s commitment to being an ESG company. “The only way to go forward,” she says “is by adopting all these ESG principles, and we are spearheading that. The reality is in order to decarbonize our future we have to decarbonize transport,” and she says graphite will be an important part of that transformation.
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About Lomiko Metals Inc.
Lomiko Metals has a new vision and a new strategy in new energy. Lomiko represents a company with purpose: a people-first company where we can manifest a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America. Our goal is to create a new energy future in Canada where we will grow the critical minerals workforce, become a valued partner and neighbour with the communities in which we operate, and provide a secure and responsibly sourced supply of critical minerals.
The Company holds a 100% interest in its La Loutre graphite development in southern Quebec. The La Loutre project site is located within the Kitigan Zibi Anishinabeg (KZA) First Nations territory. The KZA First Nations are part of the Algonquin Nation and the KZA territory is situated within the Outaouais and Laurentides regions. Located 180 kilometres northwest of Montreal, the property consists of one large, continuous block with 48 minerals claims totaling 2,867 hectares (28.7km2). Lomiko Metals published a July 29, 2021 Preliminary Economic Estimate (PEA) which indicated the project had a 15-year mine life producing per year 100,000 tonnes of graphite concentrate at 95% Cg or a total of 1.5Mt of graphite concentrate. This report was prepared as National Instrument 43-101 Technical Report for Lomiko Metals Inc. by Ausenco Engineering Canada Inc., Hemmera Envirochem Inc., Moose Mountain Technical Services, and Metpro Management Inc., collectively the Report Authors.
Lomiko is working with Critical Elements Lithium Corporation towards earning its 70% stake in the Bourier Project as per the options agreement announced on April 27th, 2021. The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec which consists of 203 claims, for a total ground position of 10,252.20 hectares (102.52 km2), in Canada’s lithium triangle near the James Bay region of Quebec that has historically housed lithium deposits and mineralization trends.
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