Feb 10, 2012 (ACCESSWIRE-TNW via COMTEX) -- Lomiko Metals Inc. CA:LMR -4.17% LMRMF +4.41% DE:DH8B -1.03% (europe:ISIN)(wkn:A0Q9W7) (the "Company" or "Lomiko") invites shareholders and investors to the World Outlook Conference which takes place Friday, February 10th and Saturday February 11th at the Westin Bayshore Inn, Vancouver. Hosted by MoneyTalks Radio's Michael Campbell, this year's show will feature speakers such as Jim Dines, Josef Schachter, Martin Murenbeeld, Ozzie Jurock, Mark Liebovit and Ryan Irvine.
Lomiko's recent acquisition of the Quatre Mille Graphite Property has drawn attention from investors curious to find out more about the project and the graphite space.
Lomiko's CEO and a surprise guest will be present at the booth and will be available for investors wanting to learn more about graphite, graphene and why there is so much attention on this new age industrial mineral.
"Being There - the right place, the right time and with the right information is half the battle", stated A. Paul Gill, CEO, Lomiko Metals Inc"Graphite and grahene are getting a lot of attention in the last month".
Although there is a charge for attendance, the conference has discount rates for students. Register at:
http://moneytalks.net/where-to-now.html
Lomiko's Quatre Milles Graphite Property
The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.
The property was originally staked and explored by Graphicor Resources Inc. ("Graphicor") in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.
Historical Highlights
Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres. The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds. Three surface samples were collected and analyzed returning results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf. 23 of the initial 26 drill holes intersected graphite concentrations with graphite concentration in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres.
The Company cautions that it has not had the chance to verify the quality and accuracy of the historic sampling and drilling results reported in this news release which predate the introduction of NI 43-101 and cautions readers not to rely upon them. The historic figures were generated from sources believed to be reliable, however, they have not been confirmed. Although the sampling and drilling results are relevant, they have not been verified.
Graphicor geologists commented that the results of the initial drill program were extremely encouraging and recommended additional detailed drilling to properly understand and evaluate the potential of the property.
Graphite Market
-The price for flake graphite is $ 2000-$3000 per tonne depending on flake size and grade.
-Graphite prices have been increasing in recent months and over the last couple of years prices for large flake, high purity graphite (+80 mesh, 94-97%C) have more than doubled.
-Graphite prices have almost tripled since 2005 due to the ongoing industrialization of China, India and other emerging economies and resultant strong demand from traditional steel and automotive markets.
-Demand for graphite is expected to rise as electric vehicles and lithium battery technology are adopted.
