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LOMIKO STARTS LA LOUTRE DRILLING CAMPAIGN TO UPGRADE RESOURCE FOR PRE-ECONOMIC ASSESSMENT



February 11, 2019 Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, LMRMF, FSE: DH8C, (ISIN: CA54163Q1028) (WKN: A0Q9W7) (LEI: 529900GJP51V4HR9MN94) and Quebec Precious Metals (TSXV: CJC, FSE: YXEN, OTC-BB: CJCFF) are very pleased to announce that a drilling permit has been received and drilling will proceed with a 2,000 metre, 15 drill hole program at the Refractory Zone of the La Loutre graphite property (the  “Property”).




On March 24, 2016, a technical report prepared in compliance with NI 43-101 on standards of disclosure for mineral projects, was filed for the Property. The report presented a mineral resource estimate of 18.4  M Tonnes of 3.19% carbon flake graphite (“Cg”) in the Indicated category and 16.7 M Tonnes at 3.75% Cg in the Inferred category using a cut-off of 1.5%.

The mineral asset does exclude high-grade captures of 7.74% Cg over 135.60 meters including 16.81% Cgr over 44.10 meters from gap LL-16-01, two distinct convergences in opening LL-16-02 revealing 17.08% Cg over 22.30 meters and 14.80% Cg over 15.10 meters, and 110.80 meters of 14.56% Cg in gap LL-16-03, nor the 28.5 meters of 16.53% Cg and 21.5 meters of 11.53% Cg covered January 6, 2016 and 9,0% over 90.75 meters wrote about September 24th 2015 from the Refractory Zone. 

The zone of mineralization gives off an impression of being 200 meters wide, has a present strike length of roughly 400 meters in the northwest to southeast heading and is open in the two bearings.

The table below shows the drilling results from holes LL-16-001 to LL-16-010.  A drill hole location map can be found under the heading Quicklinks: Drill Map which includes 2015 and 2016 results and highlights. 
Table of 2016 drill results LL-16-001 to LL-16-010 from Refractory Zone:
Hole #From (m)To (m)Length* (m)Gp  %

LL-16-001
3.90139.50135.607.74

includes
3.9048.0044.1016.81

includes
135.00138.003.0014.85

LL-16-002
3.9026.2022.3017.08

includes
113.9129.0015.1014.80

LL-16-003
30.20141.00110.8014.56

LL-16-004
NSV

LL-16-005
55.8057.401.6013.35

LL-16-06

54.00
141.0085.007.67

includes
109.50141.0031.5013.09

LL-16-007
52.50115.8063.308.51

includes
69.0085.5016.5015.75

LL-16-008
109.50121.5012.003.91

LL-16-009
NSV

LL-16-010
31.2045.0013.804.14
 
72.00
147.0075.004.60


* Length along the core.  According to the Society, the true width of the drill hole represents between 80 % and 95 % along the core.
 “The current drilling program is providing an opportunity to expand the size of the Refractory Zone to find the best opportunity to define our proposal for a low footprint, open pit operation”, stated A. Paul Gill, CEO of Lomiko Metals Inc.
The 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 located 117 km northwest of Montreal. 
Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, VP Exploration of Quebec Precious Metals and a Qualified Person under NI  43-101, has reviewed and approved the technical content of this release.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.
On Behalf of the Board,
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor. Neither 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
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