Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the
“Company”) is pleased to announce it has completed more research
and development within the mandate of the CRITM grant and Phase 1
of the material characterization, micronization, spheriodization,
coating, thermal purification and half-coin cell battery testing of
its La Loutre graphite material, conducted by the National Research
Council of Canada (“NRC”). The Phase 1 NRC testing was conducted on
0.6kg of flake graphite over 8 months, using a larger sample than
the Polaris Study to confirm once again that the La Loutre material
can meet battery requirements.
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the full release here:
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Figure 1: La Loutre coated spherical
graphite - cSPG (Photo: Business Wire)
This study was first announced on July 27th, 2023, with the work
being carried out at the NRC’s facilities in Boucherville, Quebec.
In Phase 1 of the study, the NRC completed half-cell coin battery
testing, confirming good material electrochemical performance
metrics compared to industry standards and surpassing the results
previously announced in the Polaris Study (see press release
January 10th, 2024), which had a similar mandate. The objective of
this NRC study is more comprehensive and involves research for a
longer duration on the entire flotation sample; phase 2 of the
study will build 5-layer batteries and test them for 500 cycles
over 9 months.
Belinda Labatte, CEO and Interim Chair of the Board stated:
“Lomiko has now re-confirmed the suitability for the La Loutre
graphite for battery anode material at the NRC lab with a
comprehensive mandate that will now continue into Phase 2. In this
phase, using thermal purification methods and a larger sample size,
the electrochemical performance results surpassed the study results
from the Polaris tests announced on April 1, 2024. Lomiko has now
demonstrated that the La Loutre natural flake graphite performs
well using all three standard purification methods: thermal,
prepared and tested by the NRC, and alkaline and acid-based
(prepared by ProGraphite and Corem), as tested by Polaris LLC.”
The spheronized sample was tested at the NRC with thermal
purification processes: High Temperature (HT) purification in a
small scall HT furnace. The sample was heated up to 2700 °C in
argon gas for 5-10 minutes, followed by a natural cooling of the
furnace for several hours, kept under Argon gas. The HT
purification by the NRC was able to bring almost all elements below
the 10 ppm target. Titanium stayed above the 10 ppm mark and could
be ascribed partly to its high boiling point (3287 °C), which
hasn’t been known to be the element of concern. The main positive
points are that both Fe (iron) and Si (silicon) levels decreased
10,000 fold from % (percentages) to ppm (percent per million) level
and are generally the main contaminants to address.
Table 1: La Loutre SPG contaminants composition
before and after thermal purification
Element
Before ppm
After ppm
Element
Before ppm
After ppm
Element
Before ppm
After ppm
Ag
<0,3
<0,2
Fe
5000
1,6
S
3000
5,7
Al
4000
3,8
Ga
<1
<0,4
Sb
<0,3
<0,2
As
<0,3
<0,2
Ge
<0,7
<0,2
Sc
1,60
<0,2
Au
<22
<43
Hf
<0,5
2,2
Se
<0,9
<0,8
B
1,5
3,3
Hg
<2,4
<1,2
Si
13000
5,7
Ba
<7,5
<2,3
I
<27
<320
Sn
<2,1
<3,3
Be
0,06
<0,02
K
2000
<3,6
Sr
<2,5
<0,3
Bi
<0,1
<0,1
La
<6,5
<54
Te
<0,3
<0,2
Br
<0,4
<0,9
Li
7,6
<0,5
Th
<0,4
<0,8
C
matrix
matrix
Mg
5000
<1,6
Ti
260,00
33
Ca
2000
9,7
Mn
29,00
<0,1
Tl
<0,2
<0,2
Cd
<0,9
<0,6
Mo
9,6
11
U
<0,4
<0,3
Ce
<2,4
<6,4
Na
240
0,7
V
11,00
0,8
Cl
32,00
4,7
Nb
<0,04
<0,05
W
<0,7
1,5
Co
1,80
<0,08
Ni
8,10
0,5
Y
<1,4
<0,6
Cr
<14
<4,8
P
15,00
<0,04
Zn
11,00
<2,4
Cs
<0,8
<12
Pb
2,1
<0,4
Zr
13
15
Cu
9,10
<0,7
Pt
<0,3
<0,3
Highlights of the NRC half-cell test results
The reversible capacity of Lomiko’s Lac La Loutre spherical
natural graphite averages 367 mAh/g in the NRC Study, which is the
higher end of the specification for such anode material. Typically,
most products are ranging between 350 and 365 mAh/g.
The short-term stability and reproducibility of the obtained
material are very good, showing no decay of the capacity in 5
cycles. Also, a high coulombic efficiency (CE) of 99,9% after 5
cycles is observed, and very small standard deviation values for
all parameters.
Conclusion and next steps
This concludes the preliminary testing of Lomiko’s natural flake
graphite and Phase 1, and demonstrates that it is worthwhile to
scale up and test this anode material in Li-Ion battery prototypes
and continue with Phase 2.
Phase 2: The next steps regarding the CRITM and the NRC/Corem
study will include processing of the bulk sample, producing
flotation concentrate, then transforming the flotation concentrate
with micronization, spheriodization, purification, and coating of
2.5kg of the cSPG that would be used to build 5-layer batteries to
be tested over the 500 cycles of charge and discharge. The Company
will provide progress updates on these studies.
Corporate update
Management will be participating in the following events.
May 12 to 15: CIM Vancouver.
COO Gordana Slepcev will be participating in a panel discussion
on the 'Role of the mining industry towards biodiversity
preservation and natural capital' on Tuesday, May 14, 2024.
May 20 to 23: SME's 9th CTMF Conference: Seeking Certainty in an
Uncertain World
CEO Belinda Labatte will be participating in a panel discussion
on Energizing Growth: Unleashing Human and Capital Potential in
Battery/ Critical Minerals Ventures
May 30: Elevate Entre-Nous Events at the Rideau Club in
partnership with the WCPD Foundation.
CEO Belinda Labatte will be participating in a panel discussion
featuring the topic: “Women and Mining: Breaking Barriers &
Prioritizing Our Clean Energy Future.”
Qualified Persons – La Loutre
Graphite
Mr. Oliver Peters, a Principal Metallurgist with Metpro
Management Inc., is a Qualified Person within the meaning of NI
43-101. Mr. Peters is satisfied that the analytical and testing
procedures used are standard industry operating procedures and
methodologies, and he has reviewed, approved, and verified the
technical information disclosed in this news release, including
sampling, analytical, and test data underlying the technical
information.
About Lomiko Metals Inc.
The Company holds mineral interests in its La Loutre graphite
development in southern Quebec. The La Loutre project site is
within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory.
The KZA First Nation is part of the Algonquin Nation, and the KZA
traditional territory is situated within the Outaouais and
Laurentides regions. Located 180 kilometers northwest of Montreal,
the property consists of one large, continuous block with 76
mineral claims totaling 4,528 hectares (45.3 km2).
The Property is underlain by rocks from the Grenville Province
of the Precambrian Canadian Shield. The Grenville was formed under
conditions that were very favorable for the development of
coarse-grained, flake-type graphite mineralization from
organic-rich material during high-temperature metamorphism.
Lomiko Metals published April 13, 2023 Updated Mineral Resource
Estimate (MRE) (“NI 43-101 Technical Report and Mineral Resource
Estimate Update for the La Loutre Project, Quebec, Canada”,
prepared by InnovExplo Inc. dated May 11, 2023) which estimated
64.7 million tonnes of Indicated Mineral Resources averaging 4.59%
Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase
of 184%. Indicated Mineral Resources increased by 41.5 million
tonnes as a result of the 2022 drilling campaign, from 17.5 million
tonnes in 2021 MRE, with additional Mineral resources reported
down-dip and within marble units resulted in the addition of 17.5
million tonnes of Inferred Mineral Resources averaging 3.51% Cg per
tonne for 0.65 million tonnes of contained graphite; and the
additional 13,107 metres of infill drilling in 79 holes completed
in 2022 combined with the refinement of the deposit and structural
models contributed to the addition of most of the Inferred Mineral
Resources to the Indicated Mineral Resource category, relative to
the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07
per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic
carbon).
In addition to La Loutre, Lomiko has earned-in its 49% stake in
the Bourier Project from Critical Elements Lithium Corporation as
per the option agreement announced on April 27th, 2021. The Bourier
project site is located near Nemaska Lithium and Critical Elements
south-east of the Eeyou Istchee James Bay territory in Quebec,
which consists of 203 claims for a total ground position of
10,252.20 hectares (102.52 km2), in Canada’s lithium triangle near
the James Bay region of Quebec that has historically housed lithium
deposits and mineralization trends.
On behalf of the Board, Belinda Labatte CEO and Director, Lomiko
Metals Inc.
For more information on Lomiko Metals, review the website at
www.lomiko.com
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within
the meaning of the applicable Canadian securities legislation that
is based on expectations, estimates, projections and
interpretations as at the date of this news release. The
information in this news release about the Company; and any other
information herein that is not a historical fact may be
"forward-looking information" (“FLI”). All statements, other than
statements of historical fact, are FLI and can be identified by the
use of statements that include words such as "anticipates",
"plans", "continues", "estimates", "expects", "may", "will",
"projects", "predicts", “proposes”, "potential", "target",
"implement", “scheduled”, "intends", "could", "might", "should",
"believe" and similar words or expressions. FLI in this new release
includes, but is not limited to: the Company’s objective to become
a responsible supplier of critical minerals, exploration of the
Company’s projects, including expected costs of exploration, and
timing to achieve certain milestones, including timing for
completion of exploration programs; the Company’s ability to
successfully fund, or remain fully funded for the implementation of
its business strategy and for exploration of any of its projects
(including from the capital markets); any anticipated impacts of
COVID-19 on the Company’s business objectives or projects, the
Company's financial position or operations, and the expected timing
of announcements in this regard. FLI involves known and unknown
risks, assumptions, and other factors that may cause actual results
or performance to differ materially, and statements relating to the
intended use of proceeds of the Offering and the receipt of final
acceptance of the TSX Venture Exchange. This FLI reflects the
Company’s current views about future events, and while considered
reasonable by the Company at this time, are inherently subject to
significant uncertainties and contingencies. Accordingly, there can
be no certainty that they will accurately reflect actual results.
Assumptions upon which such FLI is based include, without
limitation: current market for critical minerals; current
technological trends; the business relationship between the Company
and its business partners; ability to implement its business
strategy and to fund, explore, advance and develop each of its
projects, including results therefrom and timing thereof; the
ability to operate in a safe and effective manner; uncertainties
related to receiving and maintaining exploration, environmental and
other permits or approvals in Quebec; any unforeseen impacts of
COVID-19; impact of increasing competition in the mineral
exploration business, including the Company’s competitive position
in the industry; general economic conditions, including in relation
to currency controls and interest rate fluctuations.
The FLI contained in this news release are expressly qualified
in their entirety by this cautionary statement, the
“Forward-Looking Statements” section contained in the Company’s
most recent management’s discussion and analysis (MD&A), which
is available on SEDAR at www.sedar.com, and on the investor
presentation on its website. All FLI in this news release are made
as of the date of this news release. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not
undertake to update or revise any such forward-looking statements
or forward-looking information contained herein to reflect new
events or circumstances, except as may be required by applicable
securities laws.
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 news release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240506402432/en/
1-833-456-6456 or 1-833-4-LOMIKO or email: info@lomiko.com
Lomiko Metals (TSXV:LMR)
過去 株価チャート
から 11 2024 まで 12 2024
Lomiko Metals (TSXV:LMR)
過去 株価チャート
から 12 2023 まで 12 2024