Lomiko Metals and Critical Elements to Explore Bourier Lithium Property in Quebec for Electric Vehicle Market

April 28, 2016

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Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) announced that they and Critical Elements (TSXV:CRE,OTCQX:CRECF,FWB:F12) have entered into an option agreement that gives Lomiko the right to acquire up to a 70% interest in the Bourier project.

The Bourier project consists of 228 claims for a total ground position of 11,579.28 hectares (116 km2) in a region of Quebec that boasts other lithium deposits and known lithium mineralization, as shown in the maps and table below. The Bourier project is potentially a new lithium field in an established lithium district.

Lomiko Metals CEO, A. Paul Gill, stated:

Recent consumer interest in electric vehicles has increased investor interest in Lithium and Graphite, two of the major components of a lithium-ion battery. We are on the verge of reducing oil consumption and a creating a green economy. Quebec is in a unique positon of having ample supply of both commodities and is the focus of Lomiko’s mineral interests.

Connect with Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) to receive an Investor Presentation.

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Category: Energy