Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration, and development of resource properties that contain minerals for the new green economy. It owns 100% owned La Loutre Graphite Property and 20% of Promethieus Technologies Inc..
Promethieus Technologies Inc. owns 80% of Graphene ESD Corp, 18.5% holder of SHD Smart Home Devices www.shddevices.com which produces three electronic products and is in the process of public listing on the Dutch Caribbean Exchange (DCSX). www.promethieus.com
As of Feb, 2021
|Warrants & Options||82,317,066|
- Lomiko Metals (LMR.V) Canadian-focused exploration-stage company. Quebec is one of the best jurisdictions in the world for mining.
- The Company is engaged in creating mines, processing graphite into value-added spherical graphite and graphite anodes for the EV market.
- The Company has completed its initial option and has earned its 100% interest in the La Loutre Flake Graphite Property, Quebec and is seeking funds to develop its assets.
- The company is focused on 43-101, PEA and Feasibility Studies at La Loutre.
- Lomiko has signed a $ 40 million MOU with Kenmar Securities to fund development.
La Loutre Project
The La Loutre Property consists of 1 large contiguous block of 42 mineral claims totaling 2,508.97 hectares (25.09 km2) located approximately 53 km east of Timcal’s Lac des Iles graphite mine, 117 km northwest of Montréal in southern Québec.
The La Loutre Property was originally explored for base and precious metals by Soquem in 1989. Based on the results of a helicopter-borne electromagnetic (EM) survey, prospecting and reconnaissance geological mapping, their work identified several zones of parallel conductors each measuring as much as 2 kilometers long. Ground exploration followed in 1990, and according to historical reports by Levesque and Marchand, graphite is present in different lithologies on the property.
The geology is consistent with the Central Metasedimentary Belt of the Grenville Province and includes quartzofeldspathic rocks, quartzite, biotite gneiss, marble and locally pegmatitic quartzofeldspathic rocks. Graphite is locally present in quartzite and biotite gneiss and in shear zones where the graphite content usually ranges from 1-10% graphite on surface, including visible flakes, with the showings indicating an apparent strike length of approximately 5 kilometers, giving a large prospective area to explore for a graphite resource.
Graphite grab sample assay results derived from the Company’s recent sampling and mapping program on the La Loutre property. The sampling program has confirmed a graphite bearing structure covering an area approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones of 30-50 meters wide. Another area has also been identified covering approximately 2 kilometers by 1 kilometer in multiple parallel zones of 20-50 meters wide which includes results up to 18% graphite.
La Loutre Graphite Resource
The La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%.
The sensitivity table also features 4.1 M Tonnes of 6.5% Indicated and 6.2 M Tonnes at 6.1% Flake Graphite Inferred with a cut-off of 3%.
The Resource is calculated on the Graphene-Battery Zone only and does not include recent high grade intercepts of 28.5 Metres of 16.53% Cg and 21.5 Metres of 11.53% Cg reported January 6, 2016 and 9% over 90.75 metres reported September 24th 2015 from the Refractory Zone.
2016 Pit constrained Mineral Resource Estimate (Indicated and Inferred resources) at different cut-off grades – La Loutre Property
A. Paul Gill Chief Executive Officer
Paul Gill is involved in the strategy, planning and implementation of creating new businesses and restructuring organizations. He is currently the CEO of Lomiko Metals (TSXV: LMR), CEO of Lomiko Technologies, Director of Graphene ESD and Altair Ventures
Mr. Gill was instrumental in spearheading investment activities under Lomiko Technologies into Graphene 3D Lab (TSXV: GGG), a graphene and 3D printing company, Graphene ESD and Smart Home Devices Ltd, an electronics manufacturer and Promethieus Technologies Inc.
Until October 2006, Gill was heavily involved in the dynamic growth stage of Norsemont Mining, during which the company grew from a market capitalization of $1m to a buyout of $512m. During his tenure with Norsemont Mining, Gill was the vice-president of business development, as well as the director, president and CEO, chief financial officer, and corporate secretary. In 2011, Norsemont was bought by HudBay Minerals for $512 Million.
Jacqueline Michael Chief Financial Officer
Michael has over 20 years of financial and administrative experience. In 1988, Michael co-founded the Conac Group, a software development company for construction management, where she acted as president and CEO. In 1997, Michael was successful in taking the company public on the TSX Venture Exchange (formerly the CDNX) and helped raise over $5m in private placement financings. Michael has acted as the president and chief executive officer of public companies for over ten years.
Mike Petrina Director, Project Manager
Mr. Petrina is a Mining Engineer with over 30 years of expertise in operations, engineering and project development, skilled at advancing open pit and underground projects whilst working responsibly with local stakeholders, First Nations communities and investors to maximize project value. Experienced in managing large workforces or small technical teams. Mr. Petrina has years of executive experience with Adanac Molybdenum, Hawthorne Gold, MAG Silver and Probe Minerals. Mr. Petrina’s extensive experience with advanced-stage projects in the Pre-economic Assessment (PEA) Stage will be extremely helpful as Lomiko proceeds with the La Loutre Project.
Gabriel Erdelyi Director
Mr. Erdelyi studied Mechanical Engineering Technician Studies at George Brown College in 1994. He then entered the family business as a tool and die apprentice, but always held the same zest for entrepreneurship as his father who started the business. He eventually took over the family business and expanded from 3 people to over 20. In 2006 he was awarded the designation as one of the fastest-growing companies in Canada from Canadian Business Magazine. Mr. Erdelyi created Dieroll Metals Products Inc. based in Mississauga, Ontario in 2003 having purchased a stamping and roll forming company in 2003 during difficult financial times. Dieroll Metal Products Inc. is an industry leader in Roll Forming Production and Stamping Tooling for the metal processing industry. It serves a variety of industries including construction and building products, Structural and Architectural components, the Roofing industry, heating and cooling components, the mining industry, the transportation sector including trucking and railway car components and the Automotive industry.
Gregg Jensen Director
Mr. Jensen has over 25 years of experience in Finance and Business management spanning several industries from technology, mining, engineering, to professional services. Mr. Jensen is currently Managing Director of Mavericus Ventures Corp. a private merchant bank investing in early stage private and public companies, he has also served on several public and private boards and has held several executive roles. Mr. Jensen has led several companies through multiple capital raises, several M&A and joint venture transactions as well as turning around struggling companies..