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Lomiko Characterization Results Show Good Crystalinne Flake Graphite Distribution With 100% Carbon Purity Confirmed in Multiple Samples

Mar 15 2013 12:00AM

Marketwire

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/15/13 -- LOMIKO METALS INC. (TSX VENTURE: LMR)(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) (the "Company") is pleased to report graphite characterization testing based on composites of seven (7) graphite drill samples from the Quatre Milles East property has reported 75.3% of material tested was greater than 200 mesh and classified as graphite flake with 38.36% in the greater than 80 mesh, large flake category. 85.3% of test results were higher than the 94% carbon purity considered high carbon content, with the median test result being 98.35%.

The highlight of testing was the nine (9) sieve samples which captured flakes of varying sizes which tested 100% carbon. In addition, two (2) tests of -200 fine material also tested 100% carbon content. Both fine and flake material may be amenable to graphene conversion by Lomiko Metals Inc. partner Graphene Laboratories (see February 12, 2013 news). Lomiko will be forwarding samples for graphite to graphene conversion testing by Graphene Labs as soon as possible.

This characterization testing provides a clear indication of the size distribution of the graphite flakes present in the samples. Complete metallurgical studies are warranted upon completion of a resource on the property. The company had submitted 7 composites for testing to Global Mineral Resources (GMR) Laboratories of Vancouver for this evaluation. The composites provide a non-representative yet wide-ranging sample of the property's graphite distribution by mesh size, industry classification and carbon purity.

"Graphite characterization test results indicate Quatre Milles graphite material has significant potential as a near surface, open pit mining project aimed at fulfilling industrial graphite demand in the future. More importantly, it is an excellent candidate for graphite to graphene conversion testing under our previously announced Strategic Alliance with Graphene Labs," stated A. Paul Gill, CEO, Lomiko Metals Inc.

--------------------------------------------------------------------------US Mesh Sieve Size     Sample #1 6.09% Cg           Size class      Purity---------------------------------------------------------------------------200                               21.91%                 Fine       99.30--------------------------------------------------------------------------200 - 100 mesh                     31.30%                Small      100.00--------------------------------------------------------------------------100-80 mesh                         5.18%    Medium or greater      100.00--------------------------------------------------------------------------80-50 mesh                         21.55%     Large or greater       98.88--------------------------------------------------------------------------greater than 50 mesh               20.05%          Extra Large       98.94--------------------------------------------------------------------------Total (+200)                       78.09%        Average Grade       99.39----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size     Sample #2 7.91% Cg           Size class      Purity---------------------------------------------------------------------------200                               30.42%                 Fine      100.00--------------------------------------------------------------------------200 - 100 mesh                     31.22%                Small      100.00--------------------------------------------------------------------------100-80 mesh                         5.68%    Medium or greater      100.00--------------------------------------------------------------------------80-50 mesh                         17.14%     Large or greater      100.00--------------------------------------------------------------------------greater than 50 mesh               15.54%          Extra Large       95.19--------------------------------------------------------------------------Total (+200)                       69.58%        Average Grade       99.25----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size     Sample #3 6.26% Cg           Size class      Purity---------------------------------------------------------------------------200                               17.80%                 Fine       99.29--------------------------------------------------------------------------200 - 100 mesh                     29.08%                Small       97.55--------------------------------------------------------------------------100-80 mesh                         6.91%    Medium or greater      100.00--------------------------------------------------------------------------80-50 mesh                         21.99%     Large or greater       98.35--------------------------------------------------------------------------greater than 50 mesh               24.21%          Extra Large       93.63--------------------------------------------------------------------------Total (+200)                       82.20%        Average Grade       97.26----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size     Sample #4 5.92% Cg           Size class      Purity---------------------------------------------------------------------------200                               27.24%                 Fine      100.00--------------------------------------------------------------------------200 - 100 mesh                     28.25%                Small       98.70--------------------------------------------------------------------------100-80 mesh                         7.18%    Medium or greater       98.75--------------------------------------------------------------------------80-50 mesh                         18.30%     Large or greater      100.00--------------------------------------------------------------------------greater than 50 mesh               19.03%          Extra Large       97.30--------------------------------------------------------------------------Total (+200)                       72.76%        Average Grade       99.03----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size    Sample #5 10.51% Cg           Size class      Purity---------------------------------------------------------------------------200                               13.92%                 Fine       97.37--------------------------------------------------------------------------200 - 100 mesh                     25.64%                Small       98.36--------------------------------------------------------------------------100-80 mesh                        10.69%    Medium or greater       97.14--------------------------------------------------------------------------80-50 mesh                         17.73%     Large or greater      100.00--------------------------------------------------------------------------greater than 50 mesh               32.02%          Extra Large       98.28--------------------------------------------------------------------------Total (+200)                       86.08%        Average Grade       98.36----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size     Sample #6 5.36% Cg           Size class      Purity---------------------------------------------------------------------------200                               33.38%                 Fine       99.18--------------------------------------------------------------------------200 - 100 mesh                     30.23%                Small       99.30--------------------------------------------------------------------------100-80 mesh                         5.11%    Medium or greater       96.30--------------------------------------------------------------------------80-50 mesh                         16.81%     Large or greater      100.00--------------------------------------------------------------------------greater than 50 mesh               14.47%          Extra Large       98.40--------------------------------------------------------------------------Total (+200)                       66.62%        Average Grade       99.09----------------------------------------------------------------------------------------------------------------------------------------------------US Mesh Sieve Size     Sample #7 2.66% Cg           Size class      Purity---------------------------------------------------------------------------200                               28.14%                 Fine       86.84--------------------------------------------------------------------------200 - 100 mesh                     36.27%                Small       87.39--------------------------------------------------------------------------100-80 mesh                         5.88%    Medium or greater       84.85--------------------------------------------------------------------------80-50 mesh                         17.42%     Large or greater       92.86--------------------------------------------------------------------------greater than 50 mesh               12.28%          Extra Large       92.16--------------------------------------------------------------------------Total (+200)                       71.86%        Average Grade       88.62--------------------------------------------------------------------------Method: HCI leach at 90 degrees C followed by NaOH fusion at 400 degrees CTest Conditions: Screen graphite flakes at different sieves

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