Last C$0.07 CAD
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lomiko metals inc (LMR) Snapshot

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12/27/13 - C$0.19
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lomiko metals inc (LMR) Details

Lomiko Metals Inc., an exploration stage company, is engaged in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for graphite deposits. Its principal properties include the Vines Lake property located in British Columbia; the Quatre Milles West property situated in Quebec; and the Quatre Milles East property located in Quebec. The company was formerly known as Lomiko Resources Inc. and changed its name to Lomiko Metals Inc. in October 2008. Lomiko Metals Inc. was incorporated in 1987 and is headquartered in Surrey, Canada.

Founded in 1987

lomiko metals inc (LMR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$60.0K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$60.0K
Compensation as of Fiscal Year 2012.

lomiko metals inc (LMR) Key Developments

Lomiko Metals Announces Discovery of 23 New High Priority Magnetic Anomalies at quarter Milles Flake Graphite Property

Lomiko Metals Inc. reports Consul-Teck of Val-d'Or and consulting firm Dubé & Desaulniers conducted a combined Magnetic and Very Low Frequency Electro-Magnetic (VLF-EM) survey on the West Block of the quarter Milles Project for a total of 209.6 linear km. The survey is part of an extensive and comprehensive exploration plan at quarter Milles for the 2014 season. The goal of the program is to identify high grade, near surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries which use 10 to 15 times as much graphite as lithium. Previously reported drill results at quarter Milles indicate extensive mineralization in the region. The quarter Milles Project NI 43-101 Technical Report with all Phase I and historical drill hole results is available on the Lomiko web site. On March 13, 2014, Lomiko closed a financing for $5.5 million for the purposes of advancing the quarter Milles Property and investing in technology. In total, 88 VLF-EM conductors axis were identified. Of those, 23 new conductors are prioritized for further review. Conductors that are associated to magnetic anomalies are likely caused by pyrrhotite rich sulphide occurrences. However, most of the conductors do not show correlation with the magnetic signal and the strongest VLF-EM anomalies are thus possibly caused by graphite mineralization. Lomiko will initially investigate the outlined anomalies by basic prospecting methods and follow-up with drilling at identified graphite zones. Strong magnetic anomalies that are not responding to the VLF-EM method also deserve further investigation. Sources identified as promising for mineralization discoveries could then be the object of resistivity/IP surveys that can be efficiently used to penetrate the ground at further depth and better image the geometry of conductive and chargeable sources.

Lomiko Metals Inc. Presents at Cambridge House International Canadian Investor Conference 2014, Jun-01-2014 through Jun-02-2014

Lomiko Metals Inc. Presents at Cambridge House International Canadian Investor Conference 2014, Jun-01-2014 through Jun-02-2014. Venue: Vancouver Convention Centre West, 1055 Canada Place, Vancouver, BC, V6C 0C3, Canada. Presentation Date(s): Jun-01-2014. Jun-02-2014.

Lomiko Metals Inc. Joins the Graphene Stakeholders Association

Lomiko Metals Inc. announced that Lomiko Metals has joined the Graphene Stakeholders Association to help foster its mission of promoting the responsible development of graphene and other 2-D materials and facilitating innovation and commercialization through collaboration with other stakeholders. Graphene is emerging as one of the most promising materials ever discovered - one that has the potential to play a vital role in the development of advanced technologies in key industry segments, including computing, electronics, energy, defense, health care, telecommunications, and transportation.


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