Lomiko Metals is a reputed company with a new vision and a new strategy in Green Energy. Due to this huge transcendence, they were able to raise millions in 2021. Even during Covid 19 Pandemic, Lomiko Metals stocks reported a surge, owing to increasing graphite demands. They are manifesting a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America. Lomiko aims at creating a new energy future in Canada by growing a secure, critical and abundant minerals workforce and becoming a valued partner and neighbor for other communities.
When it delivered its Preliminary Economic Assessment in 2021, Lomiko was well on the way to a banner year with a price target of $ 0.31. However, due to delays in financing and community consultations, it has dropped to a low level despite being fully financed for drilling with over $ 4 million in the bank.
LOMIKO METALS MINING PROJECTS
The company has a complete 100% interest in La Loutre graphite property and nearly 70% interest in the Bourier project, located in Quebec. La Loutre is a reserve for graphite whereas Bourier is for lithium. Bourier is on trend with other major discoveries such as Nemaska and Canada Lithium.
