Lomiko Metals Inc. (TSXV: LMR) has received approvals from Quebec’s Ministère des Forêts, de la Faune et des Parcs (MFFP) to start with its infill and step-out exploration drilling programme at its wholly-owned La Loutre graphite project.
La Loutre is located within the Kitigan Zibi Anishinabeg (KZA) First Nations territory within the Outaouais and Laurentides regions, 180 km northwest of Montreal.
At this stage, Lomiko intends to keep building on the results of the positive Preliminary Economic Assessment (PEA) for the La Loutre property, issued in July 2021, and to do so with a focus on stakeholder engagement processes.
As the company’s vision is to develop its projects into production, it is taking early steps towards an eventual Pre-Feasibility Study. Lomiko intends to de-risk the La Loutre project and increase confidence in its mineral resource estimates as it further defines the quantity and quality of the resource via the exploration program which will also serve to test the extremities of the deposits.
The company has added Anne Chabot as strategic advisor to management on its work with First Nations engagement, supported by Lee Arden Lewis as Independent Director of the Board. Ms Chabot possesses over 25 years of experience working with Indigenous and non-Indigenous governments, agencies and community groups, including a number of prominent political organidations like the Assembly of First Nations and the Chiefs of Ontario.
Lomiko’s strategic advisors also include Normand Champigny, CEO and Director of Quebec Precious Metals.
“Our team is pleased to have received the requisite permits to start with the infill and extension drill programme at the La Loutre graphite project,” CEO and Director, Belinda Labatte, said.
“We also appreciate the ongoing engagement that is required with our communities as we move forward with this exploration programme and the future studies of this project and so we are thrilled to work with Anne Chabot.
“We are eager to work in Quebec with our communities and First Nations, and implement our strategy and path forward as a people-first company and an operator of choice in the development of La Loutre and our other future projects.
“We are very encouraged by the recent news of major car manufacturers developing battery production capacities in Quebec and North America. We are working as a responsible environmental steward in the region and intend to become a meaningful and vital part of the supply chain, including the promotion of new-economy job prospects in the development of our project to be used in battery production for Quebec, Canadian, and North American solutions.
“The exploration programme is funded entirely with Canadian flow through financing.”
About the La Loutre exploration programme
The planned comprehensive drill programme will feature approximately 130 holes or 18,000 meters in the Electric Vehicles (EV) Zone and Battery Zone. The PEA confirmed that the EV and Battery Zones are sources of mineral material that, when processed, would yield concentrated graphite of high purity over 95% graphitic carbon (Cg).
For further information please visit: https://lomiko.com/
