08:20 AM EDT, 03/12/2025 (MT Newswires) -- Lomiko Metals ( LMRMF ) overnight Tuesday released its plan for the spring fieldwork program at the Yellow Fox antimony, silver, and gold property in Newfoundland.

The company plans to complete 10 lines at 250 meters spacing and collect near 700 soil samples. If the soil sampling program is effective, expansion of the lines and additional lines to the south are warranted.

Phase 2 will see the soil sampling completed on the 250-meter parallel grids at 25-meter spacing covering the southern end of the property and will focus on ground truthing existing targets as well as following up on newly generated targets.

Shares of the company closed down 3.1% to $0.1550 on Tuesday on the TSX Venture Exchange.