Two metals companies, Canada Strategic Metals Inc. (CJC:CA) and Lomiko Metals Inc. (LMR:CA) have released the results for seven exploration holes from the Refractory zone at the La Loutre graphite property. The recent drilling campaign on La Loutre Graphite property has now been completed, with intercepts of 28.50 M of 16.53%, 30.95 M of 8.18%, 46.25 M of 5.43% and47.15 M of 4.42% flake graphite.
A Canadian exploration-stage company, Lomiko Metals’ mission is to acquire, explore and develop resource properties that contain minerals. With a focus on the exploration and development of minerals for the new green economy, the company, along with Canada Strategic Metals who is also focused on the exploration and development of Quebec-based graphite projects, aims to acquire pure graphite.
The rapidly growing 3D printing market has made pure graphite, a material defined as greater than 99.99% graphite crystalline flake, a highly sought after resource for high tech companies. Unlike plastic, using graphite in 3D printing can produce a prototype or completed industrial product and, overall, produces a mechanically stronger product.
Lomiko has had a number of positive developments in recent months. In September, the companies released the results of their drilling campaign on the La Loutre Graphite property, that included 11 exploration holes. Furthermore, the company released their revolutionary new commercial product 'Graphene Flex Foam', a Multilayer Freestanding Flexible Graphene Foam and launched a Kickstarter campaign to fund safety certification of the Spider Charger, an in-wall USB charging device that sets a new standard for energy efficiency and convenience for today’s connected consumer.
Along with Canada Strategic Metals, the results from La Loutre graphite property shows promise for both companies. Lomiko Metals is heading into the new year with a winning combination: innovative products and a strategic partnership within an up-and-coming green tech sector.
"High Grade material in a large, near surface mineralized system such as La Loutre is a very positive indicator for the viability of a future mining operation", said A. Paul Gill, CEO of Lomiko Metals.
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