Lomiko Completes Drilling to Expand LA Loutre High-Grade Refractory Zone and Reports Wide Intercepts of Graphite IN Multiple Drillholes
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LOMIKO COMPLETES DRILLING TO EXPAND LA LOUTRE HIGH-GRADE REFRACTORY ZONE
AND REPORTS WIDE INTERCEPTS OF GRAPHITE IN MULTIPLE DRILLHOLES
(Vancouver, B.C and Montreal, Que) March 19, 2019 Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, LMRMF,
FSE: DH8C, (ISIN: CA54163Q1028) (WKN: A0Q9W7) (LEI: 529900GJP51V4HR9MN94) and Quebec Precious
Metals Corporation (TSX-V: CJC, FSE: YXEN, OTC-BB: CJ CFF) are pleased to announce the completion of a
21-hole diamond drilling program on the Refractory Zone of the La Loutre graphite property
(the “Property”).
“Our exploration team reports graphitic zones in mu ltiple drill holes.”, stated A. Paul Gill, CEO of L omiko
Metals Inc. “It is very encouraging to visually obs erve intercepts of graphitic material. We look forw ard to
receiving assays in three weeks and then advancing the high-grade Refractory Zone to resource estimation
stage.”
The focus of the program was to expand a discovery announced March 7, 2017, and reviewed March 7,
2019 containing high grade intercepts of 7.74% Cg over 135.60 metres including 16.81% Cgr over 44.10
metres from hole LL-16-001, two different intersections in hole LL-16-002 reporting 17.08% Cg over 22.30
metres and 14.80% Cg over 15.10 metres, and 110.80 metres of 14.56% Cg in hole LL-16-003, and the 28.5
metres of 16.53% Cg and 21.5 metres of 11.53% Cg reported on January 6, 2016 and 9,0% over 90.75 metres
reported on September 24 th 2015 from the Refractory Zone.
The area of mineralization appears to be 200 metres wide and now has a current strike length of
approximately 900 metres in the west-southwest to east-northeast direction and is open in both directions.
The table below shows the drilling results from LL- 16-001 to LL-16-010. A drill hole location map can be
found under the heading Quicklinks: Drill Map which includes 2015 and 2016 results and highlights.
Table of 2016 drill results - LL-16-001 to LL-16-010 from Refractory Zone:
Hole # From (m) To (m) Length*
(m) Cg %**
LL-16-001 3.90 139.50 135.60 7.74
Incl. 3.90 48.00 44.10 16.81
Incl. 135.00 138.00 3.00 14.85
LL-16-002 3.90 26.20 22.30 17.08
Incl. 113.9 129.00 15.10 14.80
LL-16-003 30.20 141.00 110.80 14.56
LL-16-004 No significant values
LL-16-005 55.80 57.40 1.60 13.35
LL-16-06 54.00 141.00 85.00 7.67
Incl. 109.50 141.00 31.50 13.09
LL-16-007 52.50 115.80 63.30 8.51
Incl. 69.00 85.50 16.50 15.75
LL-16-008 109.50 121.50 12.00 3.91
LL-16-009 No significant values
LL-16-010 31.20 45.00 13.80 4.14
72.00 147.00 75.00 4.60
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* True widths of the graphitic material are estimat ed to range from 80% to
95% of the down-hole length along the drill core.
** These results have been previously disclosed
The Property consists of contiguous claim blocks totalling approximately 28.67 km 2 situated approximately
53 km east of Imerys’ Carbon and Graphite operation, formerly known as the Timcal Graphite Mine, North
America’s only operating graphite mine, and located 117 km northwest of Montreal.
Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, VP Exploration of
Quebec Precious Metals and a Qualified Person under NI 43-101, has reviewed and approved the technical
content of this release.
For more information on Lomiko Metals, review the w ebsite at www.lomiko.com , contact A. Paul Gill at
604-729-5312 or email: [email protected].
On Behalf of the Board,
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release