Monday, July 30, 2012

Lomiko Metals, Inc. (LMRMF) Initiates 2012 Exploration Program with High Expectations

Lomiko Metals exploration manager Lesley Hunt recently told investors via a press release that the company’s geological team has commenced the summer exploration program at the Vines Lake property.

Located in the Cassiar Gold Camp in the Liard Mining District of northwestern British Columbia, the 100% owned Vines Lake property has year-round paved road access as the property’s northern boundary crosses Hwy 37N, seven kilometers south of the unincorporated settlement of Jade City. Lomiko Metals holds the rights to twelve contiguous mineral tenures encompassing the property, totaling 5,407 Ha (13,351 Acres).

Lomiko Metals believes that the property could hold new high-grade gold vein systems due to its close proximity to formerly producing mines in the Cassiar Mining Camp. There is also potential for other intrusion related mineralization near the Cassiar Batholith and its associated boundary contacts.

Soil analyses results from previous reports have outlined numerous anomalous gold values up to 0.279 g/t mostly on the eastern side of the property adjacent to China Minerals Mining’s Table Mountain Gold property. Additionally, Zinc values in soil on the western side of Vines Lake were by far the most anomalous on the property with values reported up to 2,429 ppm.

For more information on the company, visit www.lomiko.com

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