Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to announce the successful completion of fieldwork for the extraction of a 200-metric-tonne bulk sample from its La Loutre graphite deposit. The material is currently being crushed by a local contractor and will soon be transported to Quebec City for processing and upgrading at Corem Research Center.
This collaboration and materials processing with Corem—a leading hub for innovation and expertise in mineral processing—will commence in January 2026. The pilot program aims to validate the proposed graphite upgrading process and convert La Loutre’s natural flake graphite into battery-grade anode material. The process will include flotation, micronization, spheroidization, purification, and coating, leveraging Corem’s leadership in environmentally responsible and high-performance mineral processing solutions.
This milestone marks a significant step toward advancing La Loutre as a key source of battery-grade graphite for the clean energy transition.
This work and metallurgical testing are an essential aspect of the ongoing research and development to scale up and confirm the process of producing anode material. The Company will continue to provide transparent and complete information on our website and comply with ECOLOGO for all field work.
Gordana Slepcev, CEO, President, and Director, stated: “This initiative is critical for Lomiko as it transitions prior laboratory-scale findings to pilot-scale validation. The objective is to demonstrate performance at a larger scale, ensuring our graphite materials meet the specifications for lithium-ion battery anode applications. The project is supported through a contribution agreement aimed at strengthening Canadian expertise and advancing processing technologies for natural graphite, including purification and spheronization for high-performance anode material. We are pleased to collaborate with Corem on this research effort. Graphite, designated as one of Canada’s six priority critical minerals, is essential for energy storage systems and long-term energy security.”
Francis Fournier, President and CEO of Corem, stated: ”Corem is pleased to collaborate with Lomiko on this significant project for the region and for Quebec. By contributing its expertise in applied research, Corem supports the development of Quebec’s deposits and the advancement of critical and strategic minerals. Our teams are conducting pilot tests to optimize graphite processing methods, using responsible and sustainable approaches. This work for Lomiko aligns directly with our mission: supporting the mineral industry through technological innovation.”
Lomiko is reinforcing our commitment to local expertise and cost efficiency. For the Bulk Sample and Pre-Feasibility Studies, Lomiko has retained the majority of its established Southern Quebec-based consulting and contractor team, ensuring continuity and leveraging proven regional experience. This strategic approach supports project timelines, mitigates risk, and aligns with Lomiko’s goal of delivering shareholder value through strong partnerships and operational excellence. See press releases dated April 24, 2025, May 21, 2025, and June 30, 2025 for details.
Lomiko will continue to engage with community members and remains open to answering questions via regular virtual meetings, the company’s Facebook page, and direct emails. The information sessions are published on the company’s Facebook page and website.
Qualified Person
The technical content presented in this press release was reviewed and approved by Gordana Slepcev, P.Eng., who is the CEO & President of Lomiko Metals and acts as the “Qualified Person” as that term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Settlement of debts for shares
The Company announces that it will be making an application to the TSX Venture Exchange to settle a portion of outstanding debts in the amount of $90,000 CDN through the issuance of 818,181 common shares at a deemed value of $0.10. The creditors are insiders of the Company. The closing of the shares for debt application and the issuance of the shares is subject to the TSX Venture Exchange approval. All common shares to be issued will be issued with the required four-month plus one-day hold period from issuance.
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