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The LMR .v claims were originally staked more than 20 years ago by Graphicor Resources, a graphite focused exploration company at the time including surface sampling and drilling.
The surface sampling from the project included a number of very high-grade graphite projects. The three surface samples collected and analyzed returned results of 14.16% graphite, 18.06% graphite, and 20.35% graphite.
The drilling confirmed there was a lot of graphite contained in the property. The 26-hole diamond drill program hit graphite in 23 of the holes. The program identified multiple graphite-bearing trends on the property and a minimum of three known graphite beds.
Many of the holes hit high-grade graphite too. The highlight hole pulled 8.07% graphite over 28.60 meters. The highest individual assay was reported in hole Q90-10 reporting 15.48% graphite over 0.50 meters.
It’s important to note all of the results are historical and are not 43-101 compliant. But if Lomiko is able to duplicate the results, you’ll know they’ve got something big in the graphite space.