Download PDF | View documents on Sedar
Montreal, Quebec and Vancouver, British-Columbia – January 6, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) are very pleased to announce the results for seven (7) exploration holes from the Refractory Zone at the La Loutre Graphite Property. The recent drilling campaign on La Loutre Graphite property has now been completed.
“High Grade material in a large, near surface mineralized system such as La Loutre is a very positive indicator for the viability of a future mining operation“, stated A. Paul Gill, CEO Lomiko Metals Inc.
Results*
| Hole# | From (m) | To (m) | Length* (m) | Gp % |
|---|---|---|---|---|
| LL-15-49 | 100.00 | 106.00 | 6.00 | 5.00 |
| 143.50 | 175.00 | 31.50 | 2.79 | |
| LL-15-50 | 2.20 | 48.45 | 46.25 | 5.43 |
| including | 5.80 | 9.75 | 3.95 | 17.95 |
| including | 42.70 | 46.95 | 4.25 | 15.56 |
| LL-15-51 | 4.20 | 37.50 | 33.30 | 14.62 |
| including | 9.00 | 37.50 | 28.50 | 16.53 |
| 91.55 | 122.50 | 30.95 | 8.18 | |
| including | 91.55 | 98.50 | 6.95 | 18.31 |
| including | 115.00 | 122.50 | 7.50 | 9.61 |
| LL-15-52 | 64.65 | 111.80 | 47.15 | 4.42 |
| including | 109.00 | 111.80 | 2.80 | 17.28 |
| LL-15-53 | NSV | |||
| LL-15-54 | NSV | |||
| LL-15-55 | 7.50 | 13.50 | 6.00 | 1.13 |
| 130.35 | 134.15 | 3.80 | 3.82 |
The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal. The property will now be assessed for a resource. Viable near surface mineralization reduces the amount of waste rock that needs to be moved, reducing overall cost of the project and reducing environmental impact.
In addition, Lomiko hopes to define material >99.99% Graphite Crystalline Flake to serve as the base material for testing graphite for the ultrapure carbon market and for conversion to graphene and use in 3D Printing and Supercapacitors.
A map of hole localisation and results is available on the web site of the Company and www.lomiko.com under the Quicklinks tab.
The 2015 drilling program is managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.
Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.
The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Carbon Graphite using C-IR18.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder of both companies, President and Chief Executive Officer of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146
Paradox Public Relations
514-341-0408
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
- January 20, 2021 Quebec Precious Metals obtains 4.06 g/t Au, 38.85 g/t Ag, 1.72 % Zn, 1.88 % Pb over 2.0 m from channel sampling on the Elmer East project
- January 13, 2021 Quebec Precious Metals receives payments of $300,000 from sales of non-core assets
- December 15, 2020 Quebec Precious Metals drilling returns High Grade at La Pointe Extension: 60.8 g/t Au over 0.3 m within 1.4 m at 15.01 g/t Au, initiates metallurgical testing
- December 10, 2020 Fjordland to acquire historic Renzy Nickel Copper project, Quebec; Quebec Precious Metals monetizes non-core asset
- November 24, 2020 Quebec Precious Metals intersects 42 m at 1.31 g/t Au, including 16.8 m at 1.95 g/t Au at La Pointe Extension
- November 09, 2020 Quebec Precious Metals intersects 80 m at 1.10 g/t Au at La Pointe Extension
- October 26, 2020 Quebec Precious Metals appoints Robert P. Boisjoli as Chief Financial Officer
- October 21, 2020 Quebec Precious Metals Corporation announces results of Annual and Special General shareholders meeting
- October 15, 2020 Quebec Precious Metals Corporation provides exploration update
- October 08, 2020 Quebec Precious Metals Corporation: Reminder – Annual and Special General Meeting of Shareholders
- September 16, 2020 Quebec Precious Metals discovers a new gold and base metals system from surface sampling at Elmer East with grabs up to 17.75 g/t Au
- September 10, 2020 Quebec Precious Metals extends the La Pointe Extension discovery with 53 m at 1.03 g/t Au and near surface discovery at Simon
- August 13, 2020 Quebec Precious Metals expands La Pointe Extension discovery over 2 km; continues drilling
- August 04, 2020 Quebec Precious Metals Corporation change its stock symbol