07:53 AM EDT, 06/30/2025 (MT Newswires) -- Lomiko Metals ( LMRMF ) on Monday announced exploration results from the spring program at the Ruisseau graphite prospect and plans for the summer/fall exploration and drilling program expected in November.
The company stated that the 2025 work program consisted of prospecting and sampling over a 10-day period with the aid of a Beep-Mat. A total of 39 rock samples, including three QAQC samples, were collected and the samples showed "strong results" with 29 of 36 samples returning greater than 1.0% Cg.
The company further said that a total of five primary and four secondary targets at Rune and six primary and four secondary targets at La Roche have been selected for drill testing based on the 2022 airborne geophysical survey and "the strong graphite values" obtained from the 2023, 2024 and 2025 prospecting and sampling programs. The company added that it plans to proceed with a 2,500-metre drill program that will test the Priority 1 drill targets at Rune and La Roche.
The company also said that permitting has been initiated, with drilling expected to begin in early November.
"We're thrilled to advance our work on the Ruisseau graphite prospect following the success of the spring field program, which confirmed the continuity of the two western zones and revealed extended mineralization through our sampling efforts," said Lomiko Metals' ( LMRMF ) Chief Executive Officer, President, and Director, Gordana Slepcev. "Notably, one of the western zones expanded significantly-from 1,480 metres in 2024 to approximately 3,850 metres. These promising results have motivated us to develop a plan for further exploration, including a maiden drill program targeting the two western zones. We intend to drill 18 holes in the Rune zone and 20 in La Roche, totaling an initial 2,500 metres."