Lomiko Metals Inc. (LMR: CA) has expanded its land package in the Cassiar, B.C., area to 3,281 hectares. Cassiar is known for gold, molybdenum and base metal deposits such as the Erickson gold mine, the Tarus gold deposit, the Storie and Cassiar molybdenum deposits, and the Mt. Haskins molybdenum, silver, lead and zinc deposit.
Previous exploration in the area was the subject of a report dated Feb. 24, 2014, titled “The Updated Technical Report on the Vines Lake Property.” The report highlights zinc anomalies to the west and southwest of Vines Lake. At that time of the report, due to depressed zinc prices, no further exploration was pursued. With a recovery of zinc prices in recent years, the project is now being reviewed for further investigation.
The Vines Lake property is located in the Cassiar gold camp in the Liard mining district of northwestern British Columbia. Lomiko Metals previously held the rights to three claims acquired in 2006 totalling 1,209 hectares (2,987 acres) and has now expanded the claims to 3,281 hectares. The Vines Lake property has year-round paved road access as the property’s northern boundary crosses Highway 37N, seven kilometers south of the unincorporated settlement of Jade City.
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