Lomiko Hires Sgs Canada FOR Metallurgical Process D Evelopment and Graphite Characterization
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LOMIKO HIRES SGS CANADA FOR METALLURGICAL PROCESS D EVELOPMENT AND
GRAPHITE CHARACTERIZATION
November 30, 2020 Lomiko Metals Inc. (the “Company”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C)
Lomiko Metals Inc.'s technical, safety and sustainability committee has recommended the
acceptance of a proposal by SGS Canada Inc. to conduct a metallurgical process
development program to the board of directors. This program has been accepted and
approved by the Lomiko board.
SGS metallurgical process development plan
Lomiko plans to ship four composites weighing 30 kilograms to 35 kilograms, with each
consisting of high-grade and low-grade samples from the Refractory and Graphene Battery
mineralized zones, to SGS in Lakefield. The main scope of the work program includes:
Sample preparation;
Chemical characterization;
Comminution testing;
Flowsheet development;
Environmental testing.
The samples will be stage-crushed in a series of jaw and cone crushers to minimize the risk
of flake degradation and the generation of fines. Samples will be extracted for comminution
testing, chemical characterization and the generation of two master composites.
Bond ball mill grindability tests will be carried out to establish grinding energy requirements
to assist in the design of the preliminary comminution circuit.
Scoping-level flowsheet development testing will be carried out on the two master
composites to establish a conceptual flowsheet. The primary objectives of the flowsheet
development program are to maximize the graphite recovery into a flotation concentrate
while minimizing flake degradation. The final concentrates will be subjected to size fraction
analyses to determine the flake size distribution and total carbon grade profile of the two
mineralized zones.
The high-grade and low-grade samples of the two mineralized zones will be subjected to
variability flotation testing using the flowsheet and conditions that were developed for the
two master composites. Since a flowsheet must be able to treat all domains encountered in
a deposit, these variability tests serve the purpose of assessing the robustness of the
proposed flowsheet.
Static geochemical tests will be carried out to assess the acid-generating potential of the La
Loutre tailings with and without a sulphide rejection circuit.
Lomiko's near-term goals
Graphite demand is expected to increase exponentially for the mined natural graphite
material, as more is used in the production of spherical graphite for graphite in the anode
portion of electric vehicle lithium-ion batteries.
Lomiko completed a $750,000 financing on Oct. 23, 2020, and plans to work on its near-
term goals:
1. Complete the 100-per-cent acquisition of the property, currently 80 per cent owned
by Lomiko Metals;
2. Complete metallurgy and graphite characterization to confirm anode-grade lithium-
ion material;
3. Complete a technical report to confirm that the extent of the mineralization equals or
surpasses the nearby Imerys mine, owned by an international mining conglomerate;
4. Complete a preliminary economic assessment.
We seek Safe Harbor.
For more information on Lomiko Metals, contact A. Paul Gill at 604-729-5312 or email: [email protected].
On Behalf of the Board,
LOMIKO METALS INC.
A. Paul Gill,
Chief Executive Officer
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.