Lomiko Metals (“Lomiko”)(LMR:CA)(LMRMF) is engaged in the exploration and evaluation stage of resource properties and the investment in power supply products with a specific focus on graphite properties.
The Company’s most advanced property is its 80%-owned (20% Canada Strategic Metals) La Loutre Flake Graphite Project located in Quebec, which contains 18.4 million Indicated tonnes grading 31.9% graphite with 16.7 million Inferred tonnes grading 3.75% graphite at a 1.5% cut-off rate (not NI 43-101 compliant).
Other principal assets are the Vines Lake Property in the Cassiar region of British Columbia, the Quatre- Milles Project and the Lac-des-Isles Graphite Project, both in Quebec.
In addition, Lomiko has a business relationship and invested with Graphene Energy Storage Devices (Graphite ESD Corp).
Having scheduled further drilling in February-March 2018, completion of a metallurgy in June 2018 and environmental in September 2018, Lomiko expectsto complete a Preliminary Economic Assessment (“PEA”) in December 2018
The total 2018 budget is C$ 2.15 million to acquire a 100% interest in the La Loutre Property.
To read the full Special Report on Lomiko Metals follow the link to my website:
?Graphite – one of the vital battery metals to benefit from surging shortage
There are 3 types of graphite: Flake, Amorpheusand Vein.
Because of its unique structure graphite has a stellar combination of properties: for example, it is flexible, highly refractory, chemically alert and has high thermal and electrical conductivity.
Today, Flake graphite is the type of graphite that has the most interest of the industry, because it is the type of graphite that the Tesla 3 model requires for its lithium-ion battery giga-factory and also to be used by international prominent makers.
Benchmark Mineral Intelligence has said that if it reaches its target capacity of 35 GWh by 2020, it may need 25,000 tonnes per year of lithium, 12,500 tonnes per year of flake graphite, 45,000 tonnes per year of spherical graphite and 7,000 tonnes per year of cobalt.
Fuel cells use even more graphite than lithium-ion batteries and might replace combustion engines as a more efficient means of converting fuel to energy. Fuel cells of all sized are also making their way into the personal electronics sector and even into the utilities sector.
Flake graphite is also an essential part of vanadium-redox battery technology, with nearly 300 tonnes of flake graphite per 1,000 megawatts of required storage,
To read the full section on Graphite follow the link to the Special Report:http://www.metalcommodi