Lomiko Metals provides update on community engagement at La Loutre
In addition to other panelists present, the Lomiko team presented on how the La Loutre project fits into the
Lomiko has already met with several stakeholders and will continue to meet with them to discuss and receive recommendations at each stage of the project's development.
At this presentation, available on our website, Lomiko presented information regarding critical minerals, the mining development process and regulatory environment and its upcoming exploration activities which will include soil and rock sampling activities, geophysical studies and electromagnetic studies on all properties including La Loutre and the
Actions taken by Lomiko to date:
-
Member of local
Chamber of Commerce ; - Organized several face to face meetings with citizens;
- Initiated conversations regarding community led road access studies, water management studies and noise studies for future exploration;
- Met face to face with mayors and councillors across the region and Provincial and Federal Ministries to introduce our vision for responsible development of graphite;
- Provided regular updates to Kitigan Zibi First Nation;
- Provided regular updates to the local community on permitting and exploration processes (before and when on site) and to Club des 12, local hunting lodge and the snowmobile association;
- Recorded and documented interactions with local community members from community email, 1-800 number and in-person meetings; established complaint management protocol;
- Achieved ECOLOGO certification;
- Completed noise monitoring study during drilling activities at the Battery zone which is 1,000m from Lac Doré and local cottages. Summary of the results published on our website;
- Listened to feedback regarding reclamation and closure and waste rock location, for input into future studies.
About
The Company holds mineral interests in its La Loutre graphite development in southern
The Property is underlain by rocks from the
In addition to La Loutre, Lomiko has earned-in its 49% stake in the
On behalf of the Board,
CEO and Director,
For more information on
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Company; and any other information herein that is not a historical fact may be "forward-looking information" (“FLI”). All statements, other than statements of historical fact, are FLI and can be identified by the use of statements that include words such as "anticipates", "plans", "continues", "estimates", "expects", "may", "will", "projects", "predicts", “proposes”, "potential", "target", "implement", “scheduled”, "intends", "could", "might", "should", "believe" and similar words or expressions. FLI in this new release includes, but is not limited to: the total amount of funds available to the Company; the Company’s ability to successfully fund, or remain fully funded for the implementation of its business strategy and for exploration of any of its projects (including from the capital markets); the Company’s ability to complete the Private Placement and the Consolidation, , and the expected timing of announcements in this regard. FLI involves known and unknown risks, assumptions and other factors that may cause actual results or performance to differ materially.
The FLI in this news release reflects the Company’s current views about future events, and while considered reasonable by the Company at this time, are inherently subject to significant uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately reflect actual results. Assumptions upon which such FLI is based include, without limitation: the Company’s, ability to implement its overall business strategy and to fund, explore, advance and develop each of its projects, including results therefrom and timing thereof, the impact of increasing competition in the mineral exploration business, including the Company’s competitive position in the industry, and general economic conditions, including in relation to currency controls and interest rate fluctuations.
The FLI contained in this news release are expressly qualified in their entirety by this cautionary statement, the “Forward-Looking Statements” section contained in the Company’s most recent management’s discussion and analysis (MD&A), which is available on SEDAR+ at www.sedarplus.ca. All FLI in this news release are made as of the date of this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such forward-looking information. The Company does not undertake to update or revise any forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable securities laws.
Neither the
View source version on businesswire.com: https://www.businesswire.com/news/home/20240722991417/en/
Contact us at 1-833-4-LOMIKO or e-mail: info@lomiko.com.
Source: