Lomiko Metals Inc. (LMRMF) has provided an update to its trading status. Lomiko has moved to the OTCQB and currently trades under the symbol LMRMF. In Germany, the WKN number is A2DJKB and the symbol is DH8C.
On Jan. 17, 2017, Lomiko announced high-grade graphite results from the near-surface Refractory zone at the La Loutre project of 7.74 per cent graphite over 135.6 metres, including 16.81 per cent graphite over 44.1 metres from hole LL-16-01, two different intersection in hole LL-16-02 reporting 17.08 per cent graphite over 22.3 metres and 14.8 per cent graphite over 15.1 metres, and 110.8 metres of 14.56 per cent graphite in hole LL-16-03. A further seven drill holes remain to be reported.
The company also wishes to clarify the names of the flake graphite zones at the La Loutre flake graphite property.
The Graphene-Battery zone is named for potential markets that may be developed for flake graphite, but does not contain graphene or, of course, batteries in the ground. Further, the Refractory zone does not refer to refractory ore, or to our knowledge, contain sulphides requiring specialized treatment. The name refers to graphite used in refractory bricks and for insulation in the steel-making industry.
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