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Lomiko Metals Inc. (TSXV:LMR) announces positive results from its initial metallurgical test programs

Mining, Renewable Energy
TSXV:LMR
29 April 2022 12:30 (EDT)

Lomiko’s 100% owned La Loutre Property

Lomiko Metals (LMR) has announced positive results from initial metallurgical testing conducted at its La Loutre graphite project.

Lomiko has engaged three independent laboratories, Corem, ProGraphite and SGS Lakefield to support the metallurgical testing of the La Loutre graphite concentrate.

As part of the 2022 strategic objectives, Lomiko is undertaking several metallurgical studies to further define the chemical and physical properties of La Loutre graphite concentrate.

The 2021 metallurgical program produced 1.8 kg of graphite flotation concentrate.

This concentrate was split into two samples and sent to Corem in Quebec and ProGraphite in Germany for characterization and purification testing. The samples supplied to Corem and ProGraphite were considered an adequate representation of the deposit for initial trials.

Based on the characterization and purification tests performed by the two labs, the graphite from the La Loutre deposit is suitable for a wide range of traditional markets such as refractories, fire retardants, crucible, and friction products, or expanded graphite markets.

In addition, the purification results suggest that the La Loutre graphite may be suitable for high-value anode battery applications which require ultra-high purity graphite concentrate of 99.95 per cent.

The evaluation of the full processing sequence from flake graphite to battery trials is scheduled for the second half of 2022.

“Our team is pleased to have received excellent results from two independent specialized laboratories, on the first of many trials to examine the purity of the La Loutre graphite concentrates for industrial use, including for anode battery-grade quality,” said Belinda Labatte, CEO and Director.

“The tests on the expanded graphite have shown that all the flake sizes tested are showing excellent results for our concentrates in a wide range of industrial applications, an important step to developing the graphite market in North America,” she added.

Lomiko Metals is a mineral exploration company focused on renewable energy.

Lomiko Metals Inc. (LMR) rose to $0.07, gaining 7.692 per cent at 12:00 PM ET.

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