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Strike Graphite Intersects Significant Flake Graphite During 2012 Drill Campaign

Posted by AGORACOM-JC at 9:35 AM on Tuesday, October 2nd, 2012

VANCOUVER, BRITISH COLUMBIA–(Oct. 2, 2012) – Strike Graphite Corp. (TSX VENTURE:SRK) (the “Company”) is pleased to report drill results for the spring 2012 exploration program at the Simon Lake Graphite Property, located in north-central Saskatchewan.

Blair Way, CEO remarks, “These initial drill hole results are very exciting and continue to verify our interpretation of continuity for the 25 k strike length of the EM conductor. The high graphitic carbon content and potential scale of the Simon Lake graphite occurrences warrant follow up metallurgical test work to confirm flake size distribution and more drilling along the strike length of the conductor.”

During late spring, the company completed four diamond drill holes within the historic Simon Lake trend (see attached location map or click the following link: http://www.strikegraphite.com/Simon-Lake-Geophysics-DDH-Sept-25.pdf). Three conductive zones were targeted, and tested small portions of the approximately 25 kilometre conductive trend. Results of the exploration program confirm substantial widths to the graphitic horizon; which are thought to form a continuous mineralized horizon that continues to surface.

Highlights:

  • Hole SL-12-002: 93.8m of 2.11% Cg, including 32.8m of 3.30% Cg
  • Hole SL-12-003: 25.3m of 3.00% Cg, including 11.2m of 5.03% Cg
  • Hole SL-12-004: 25.1m of 3.21% Cg, including 15.2m of 4.46% Cg

Discussion:

The results of the 2012 drill campaign confirmed the presence of significant flake graphite at the Simon Lake Property. During the 4th quarter of 2012, this will be confirmed by mineralogical and metallurgical testwork of representative drill-core material to quantify the flake size distribution of graphite.

The graphitic horizon was tested at a depth where measurements of continuity and thicknesses could be interpreted. The graphitic horizons are interpreted to continue to near surface by geophysical modeling, structural measurements and historic mapping of outcrops.

The graphitic horizon at the northern end of the property, intersected by holes SL-12-001 and SL-12-002, is interpreted to dip at an angle of approximately 40 to 50 degrees, and is interpreted to continue close to surface.

The graphitic horizon within the southern parts of the project area, appears folded, and where tested, displays a consistent thickness and grade; and is near flat-lying with an apparent dip of approximately 9-degrees. At this location, the graphitic horizon was intersected at a depth of approximately 110 metres from the surface, and is interpreted to continue close to surface to the north.

The zinc-lead mineralization found in hole SL-12-001 is an example of the 1970’s and 1980’s targeted exploration for Sedex-style deposits. The high-grade zinc mineralization, although narrow, is significantly higher than many of the showings in the Wollaston Domain, and is therefore thought to be significant.

Results:

Results of graphitic intervals have been compiled into the following table:

From
(m)		 To
(m)		 Interval
(m)		 C-graph
(%)		 Zn
(%)		 Pb
(%)
SL-12-001 45.7 69.5 23.8 2.17
including 45.7 51.8 6.1 4.58
and 93.5 102.2 8.6 1.92
including 93.5 95.3 1.8 4.93
and 204.6 206.3 1.7 5.49 0.66
and 224.7 226.0 1.2 8.66 0.22
SL-12-002 74.7 106.4 31.7 3.08
including 74.7 91.0 16.3 3.78
including 85.0 89.0 4.0 5.08
and 127.0 220.8 93.8 2.11
including 188.1 220.8 32.8 3.30
including 203.0 211.0 8.0 4.74
SL-12-003 181.9 207.3 25.3 3.00
including 181.9 197.0 15.1 4.29
including 184.8 196.0 11.2 5.03
SL-12-004 120.2 145.3 25.1 3.21
including 120.2 135.3 15.2 4.46

Drill hole SL-12-001 verified the intervals of graphite within historic hole E42-5, which encountered a graphitic biotite gneiss, with core descriptions of “disseminated graphite” or “coarse graphite flakes”, with narrower intervals described as “graphite flakes abundant” and “heavy graphite in 6 to 12 inch bands”. Hole SL-12-001 was drilled with an azimuth of 141° and a dip of -45°. The hole was drilled to a depth of 241m to fully test the geology of the conductor within this area. Near the end of the hole, two sphalerite-bearing horizons were encountered, one from 204.6m to 206.3m (1.7m interval) encountered an average of 5.49% zinc and 0.66% lead. A second horizon from 224.7m to 226.0m (1.2m interval) averaged 8.66% zinc and 0.22% lead. The aforementioned intersections encountered only trace to 5g/t levels of silver and below detection limits for gold.

Drill hole SL-12-002, collared approximately 5.5 kilometres northeast of SL-12-001, verified the historic intervals of graphite within historic drill hole 2-72, which encountered a graphitic biotite gneiss with descriptions of “abundant graphite” over a 68 m interval. Hole SL-12-002 was drilled with an azimuth of 153° and a dip of -45°.

Drill holes SL-12-003 and SL-12-004 were collared approximately 8 kilometres southwest of SL-12-001, and targeted the strong EM anomaly discovered in the winter 2012 airborne survey. The holes, located only 382 metres apart, were drilled with an azimuth of 345° and a dip of -70°. The rational of hole SL-12-004 was to test the graphitic horizon at a potentially shallower depth, and succeeded in locating the horizon approximately 50 metres closer to surface.

Future Plans:

Drill-core from the 2012 program will be sent for preliminary metallurgical testing which will determine the flake size distribution and recoveries.

The Satterly Lake gold property is drill ready and it is anticipated that this drilling will take place 4th quarter 2012. Satterly lake is a two block property package comprising a total of 1,600 hectares located in close proximity to the south and west of Gold Canyon Resources’ Springpole Gold Project where consistently good exploration results have been demonstrated.

Future exploration will test the Simon Lake graphite trend along strike, as only a small portion of the 25 kilometer long conductive trend has been tested by drilling.. The metallurgical testing will act as an additional guide to target those graphitic zones, with favorable flake-size distribution.

The Simon Lake Graphite Project covers 11,800 hectares, and is located approximately 300 km northeast of La Ronge, Saskatchewan and is intersected by Highway 905. The property consists of several showings of flake graphite mineralization in historic drill holes, which were discovered during the exploration of base metals during the 1960’s and 1970’s.

Neil G. McCallum, P.Geo., is a Qualified Person pursuant to NI 43-101, and has reviewed and approved the technical disclosure of this news release.

Notes:

  • Drill hole intervals reported herein are not true widths, which cannot be determined due to uncertain geometry of mineralization at this time.
  • Drill hole intervals are weight-averaged based on the sample width. No internal cut-off grades were used in the reported intervals.
  • Actlabs of Ancaster, Ontario was utilized during routine analysis.
  • Graphitic Carbon is reported by LECO whereby the pulp is either digested with hydrochloric and perchloric acids, or subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon.
  • Silver and gold are reported as gravimetric fire-assay; zinc and lead are reported as 4-acid ICP assay.
  • A quality assurance, quality control (QA/QC) program was employed by utilizing, blanks and duplicates as per industry best standards.

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to the Deep Bay East and Simon Lake graphite properties, the Company is also active advancing its Wagon Graphite property in Quebec next to the Timcal Graphite mine. The company is also advancing the Satterly Lake gold project in NW, Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Blair Way, C.E.O.

For more information on the above or to view the Company’s Corporate Presentation on its Graphite assets and opportunity, please visit the Company’s website at www.strikegraphite.com.

We seek safe harbor.

Contact Information

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Focus Graphite Inc. Appoints Dr. Joseph E. Doninger Director of Manufacturing and Technology

Posted by AGORACOM-JC at 3:43 PM on Monday, October 1st, 2012

OTTAWA, ONTARIO–(Oct. 1, 2012) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) the “Company,” is pleased to announce the appointment of Dr. Joseph E. Doninger as Director of Manufacturing and Technology. The appointment is effective Oct. 1, 2012.

Dr. Doninger is the developer and co-developer of a number of U.S., European and Canadian patents and patent applications related to carbon processing methodologies and processing equipment.

Also, a chemical engineer, Dr. Doninger is the author and co-author of some two dozen technical papers and studies related to graphite composite anodes; carbon-based materials for electrochemical energy storage systems; advanced graphite for Li-Ion batteries and other related publications.

“Dr. Doninger’s international credentials and experience dovetail with Focus Graphite’s mine-to-market-technology business objectives. His broad responsibilities include leading our team in meeting those objectives at our future mine site and at our planned processing facilities in Varennes, Quebec,” said company President and CEO, Gary Economo.

“We are extremely pleased to have secured Dr. Doninger’s participation as a key member of our management team,” Mr. Economo said.

“Dr. Doninger is not only an industry innovator, he is an industry insider with an established and successful senior management background with Chicago-based Superior Graphite among other internationally recognized graphite technology companies,” Mr. Economo added.

Dr. Doninger’s academic background includes an Honorary Professorship at the Department of Chemistry, Kiev National University of Design and Technology; a Doctorate of Philosophy in Chemical Engineering and Master of Science, Chemical Engineering, Northwestern University, and; a Bachelor of Science Degree in Chemical Engineering, University of Illinois.

As a consulting engineer, Dr. Doninger served as President of Dontech Global, Inc. During his 17-year career with Superior Graphite Co., he held the posts of Senior Vice President, Engineering and Product Commercialization, Vice President, Manufacturing, and Vice President, Technology.

His corporate background also includes that of Vice President, Sales and Marketing, Minerals Group, Applied Industrial Materials Corp, of Deerfield, IL; and, General Sales and Marketing Manager, International Minerals and Chemical Corp., of Libertyville, IL.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. It is the owner of the NI 43-101 compliant Lac Knife graphite deposit grading 16% carbon as graphite. The company’s goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is invested in the development of graphene applications and patents through Grafoid Inc.

Forward Looking Statements – Disclaimer

This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company’s expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

 

Focus Graphite Inc.
Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
[email protected]
www.focusgraphite.com

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Northern Graphite Commences Drill Program at Bissett Creek

Posted by AGORACOM-JC at 10:11 AM on Monday, October 1st, 2012

OTTAWA, ONTARIO–(Oct. 1, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) announces that it has commenced a drill program on its Bissett Creek graphite project consisting of approximately 3,000 meters of drilling in 65 holes. The drill program is designed to follow up on opportunities identified in the recently completed bankable feasibility study (“FS”) to further improve the already attractive economics of the Bissett Creek project.

The main objective of the drill program is to upgrade inferred resources both within and outside the FS pit shell to the indicated category. The FS considers approximately 1.5 million tonnes of inferred resources within the pit as waste and includes the processing of a low grade stockpile that exceeds 2.5 million tonnes. Upgrading the inferred resources within the pit to the indicated category, and substituting higher grade material from outside of the FS pit for the low grade stockpile, could result in an increase in grade and a further reduction in operating costs. Of particular interest are the higher grade inferred resources located off the eastern end of the FS pit (see figure 1: http://media3.marketwire.com/docs/FIGURE-1.jpg). The Preliminary Economic Assessment on the Bissett Creek project states that there is a relatively high probability that inferred resources can be upgraded due to the thick, flat lying and continuous nature of the mineralization. However, the inferred resources do yet not have demonstrated economic viability and are not mineral reserves.

The Company has retained AGP Mining Consultants Inc. (“AGP”) to update the current resource and reserve estimates, mine design and economic model once the new drilling results are available which is expected to be before year end. In addition, AGP will review assay methodologies and procedures to investigate the fact that graphite production, based on calculated head assays from the locked cycle test program, was up to 12% higher than expected based on the initial assay grade of the samples.

Gregory Bowes, CEO, stated that “The FS is based on 23 years of indicated resources but this does not represent the best 23 years. We have an additional 50+ years of inferred resources at planned production rates. The drill program will enable us to optimize the first 20 years and demonstrate that the project has very solid economics even in a low graphite price environment. Operating costs over the first five years of operation were estimated at $851/tonne of concentrate in the FS which assumed contract mining. Owner mining is expected to reduce them to approximately $800/tonne with further decreases possible based on the results of the drill program and assay review.”

The Graphite Market

Graphite demand and prices have increased substantially over the past few years due to the ongoing modernization of China and other emerging economies which has resulted in strong demand from traditional steel and automotive markets. In addition, new applications such as lithium ion batteries, vanadium redox batteries, fuel cells and nuclear power have the potential to create significant incremental demand growth.

China currently produces 70% of the world’s graphite and an export tax and a licensing system have been instituted to restrict exports and encourage value added processing in China. Recently, the Chinese government proposed a new set of rules and standards for graphite mines which will make them much more difficult to operate and build. The recent proposals on new mines are the third major graphite supply related announcement out of China this year and follow calls for REE type protection from the largest Chinese graphite producer and the formation of a state owned amorphous graphite monopoly. Due to the expectation that Chinese graphite production and exports could decline at a time when demand is appears ready to grow rapidly, both the European Union and the United States have declared graphite a supply critical mineral.

Northern Graphite Corporation

Northern Graphite Corporation is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario. The completion of the bankable Feasibility Study has established Northern as the industry leader with a large flake, high purity, scalable deposit that is located close to infrastructure and has very competitive operating costs. Additional information is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.northerngraphite.com.

This press release has been reviewed and approved by Don Baxter, P.Eng, President of the Company and a non-independent “Qualified Person” under NI 43-101.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as “could”, “potential”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “likely”, “will” or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Company does not intend, and does not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

 

Northern Graphite Corporation
Gregory Bowes
CEO
(613) 241-9959

Northern Graphite Corporation
Don Baxter P.Eng
President
(705) 789-9706
www.northerngraphite.com

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Berkwood Commences 2012 Fieldwork at Lac Gueret East Graphite Property in Quebec

Posted by AGORACOM-JC at 9:58 AM on Friday, September 28th, 2012

VANCOUVER, British Columbia, Sept. 27, 2012 – Berkwood Resources Ltd. (TSX-V: BKR; OTC-PINK: CZSVF) ( “Berkwood”) is pleased to announce that it has commenced field work on its Lac Gueret East Graphite Property, located approximately 290 km north of Baie-Comeau, Quebec.

The objective of the Phase 1 work program is to delineate prospective Graphite zones, beginning with an airborne electromagnetic survey, surface work follow up, and compilation of historic geological data. The work program will be performed by EarthMetrix of Mont-Laurier, QC.

The company intends to follow Phase 1 with a Phase 2 work program, consisting of stripping, trenching and sampling. The objective of Phases 1 and 2 is to generate targets for drill testing in a potential Phase 3 work program, as timing and funds permit. The results from the Phase 1 program will be released when received by the company.

This news release has been reviewed and approved by Alain Moreau, P. Geo., who supervised the preparation of the technical information in this news release. Alain Moreau is a Qualified Person as defined by National Instrument 43-101.

Lac Gueret East Graphite Property:

The Lac Gueret East Graphite Property (the “Property”) consists of 59 claims totalling 3186 Ha and borders the eastern boundary of Mason Graphite’s advanced Lac Gueret Property. A technical report by Tekhne Research on Mason Graphite’s Lac Gueret Property estimated a resource of 7.5 million tonnes grading 20.4% Graphite.

The Lac Gueret East Graphite Property has similar geological characteristics as that observed at Mason Graphite’s Lac Gueret Property located adjacent and to the west of the Lac Gueret East Graphite Property. The Lac Gueret East Property is situated in the Paleoproterozoic Gagnon Terrain which is considered a para-autochton unit fertile for graphite in the Grenville Province of Quebec and includes biotite/garnet/sillimanite/graphite paragneisses, dolomitic marbles and intrusive rocks. Graphite in the area is present in marbles and in contact with or within paragneisses and ranges from 3% to 40% Cg (Carbon Graphite) exhibiting flakes up to 5 mm in diameter. Large flake graphite is generally considered from 0.2 mm or more in size. The Lac Gueret East Graphite Property is within three hours of Baie-Comeau by road and is easily accessible via numerous tertiary and forest roads.  Property maps and details are available on the Berkwood website, please click here.

Investors are cautioned that the graphite mineralization in the adjacent property is not an indication that similar mineralization will be found in the Lac Gueret East Graphite Property, which is still in an early stage of exploration.

About Berkwood Resources:

Berkwood holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC.  To date, several areas of gold mineralization have been identified on the 10,871 Ha property.  The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend.  To date this drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization (see Berkwood news release dated January 25, 2012 for details). The zones remain open for expansion and other known zones of gold mineralization have yet to be drilled.

If you are not currently on the Berkwood Resources news and updates list, you can opt-in via the Berkwood website by clicking here. News Releases and exploration updates are emailed to list members who wish to keep up to date with Berkwood Resources and our projects.

On Behalf of Berkwood Resources

“Brian Buchanan”

Brian Buchanan, President and Director

For additional information please contact:

Karim Sayani, Corporate Communications
Tel: (604) 662-7455 E-mail: [email protected]

Tom Steer, Media Relations Manager
Tel: (604) 681-5556 E-mail: [email protected]

Forward Looking Statements
This Berkwood News Release may contain certain “forward-looking” statements and information relating to Berkwood that are based on the beliefs of Berkwood’s management as well as assumptions made by and information currently available to Berkwood’s management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Berkwood Resources Ltd.

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The Great Graphite Supply Shakeup: Simon Moores

Posted by AGORACOM-JC at 9:23 AM on Wednesday, September 26th, 2012

Investors who remember the lithium boom (and bust) a few years ago may be twice shy to enter a space with big upside potential tied to electric vehicles. But the parallels between graphite and lithium are superficial, insists Simon Moores, analyst with Industrial Minerals. Graphite, unlike lithium, supplies layers of demand, with reliable end-users in the steel industry. Meanwhile, China’s production lull is making way for market entrants. In this interview with The Critical Metals Report, Moores profiles graphite miners around the world competing for the market’s attention.

The Critical Metals Report: The graphite market is one commodity sector that is getting increased interest over the past year or two. What’s the best way to participate in this market?

Simon Moores: Because the graphite market is dominated by Chinese companies and private companies, juniors are really the only way to participate directly in this market. The non-Chinese major players, like TIMCAL Graphite & Carbon in Canada, are part of larger minerals companies. So when you invest in Imerys (NK:PA), which is the parent company, you’re not investing in an exclusively graphite-focused company. Graphite is only a tiny percentage of its business. Many of the other major non-Chinese companies in the market are private, such as Nacional de Grafite in Brazil, as well as a number of smaller private producers in Zimbabwe, Austria, Russia and Norway. Ultimately, your most direct option is to go for the juniors.

TCMR: Who are the main graphite consumers?

SM: Graphite’s current demand is mainly driven by industrial uses, metal production being the most important. Steel is the main driver of the graphite market on two fronts. First is in refractories, which is the biggest end use. Refractories are used to line huge steel kilns and as protective linings in bricks. Graphite is also used as an additive, in what is called a “recarburizer.” Steel demand has historically driven the graphite market, accounting for approximately 39% of the market.

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How the humble pencil could write the future of energy

Posted by AGORACOM-JC at 9:11 AM on Monday, September 24th, 2012

Asked to name the raw ingredients for the next technological revolution, chances are you wouldn’t pick pencil-lead and water.

Yet according to new research, simply mixing graphite with water and baking the result may be enough to create an effect with legendary status in science: room-temperature superconductivity.

If confirmed, the claim could transform the energy sector, making power generation and distribution far more efficient, and slashing demand for fossil fuels, including oil.

That’s because superconductivity is exactly what it says: the bizarre property of certain compounds, under certain conditions, to become perfect conductors of electricity.

First discovered a century ago, superconductivity has largely failed to live up to its huge promise of transforming electricity use and boosting energy efficiency, because it usually appears only in materials chilled to within a few degrees of absolute zero, the ultimate low temperature of minus 273C.

Attaining and maintaining such temperatures is neither cheap nor easy, and has so far kept superconductivity out of mainstream use.

There was huge excitement in the mid-1980s when scientists at the IBM laboratories in Zurich found the first evidence for so-called High Temperature Superconductivity (HTS) in a ceramic material.

The name is somewhat misleading, though: it still needed to be cooled to around minus 250C, with expensive and dangerous liquid helium.

Since then, researchers have created materials that become superconducting at temperatures above minus 135C – still pretty extreme, but at least attainable with less expensive liquid nitrogen.

But the dream has always been to find a material that displays this amazing ability at room temperature.

Now a team led by Pablo Esquinazi at the University of Leipzig in Germany claims to have seen evidence of just this in a startlingly ho-hum combination of materials: graphite and water.

In the current issue of the journal Advanced Materials, they describe how they mixed 0.1g of ultra-pure graphite powder with a few teaspoonsful of distilled water, and persuaded the two to mix by stirring it for hours on end. The combination was then filtered, and the resulting powder baked overnight at 100C.

Tests on samples made using this recipe repeatedly revealed the existence of superconductivity at room temperature.

Prof Esquinazi and his colleagues stress that the effect is confined to just the surfaces of the tiny graphite grains, and disappeared if they tried to make pellets of the stuff.

Even so, the fact that it appears at all looks set to spark an international effort to replicate and understand the finding.

Other scientists certainly won’t dismiss it as ludicrous, as the quotidian nature of the ingredients is deceptive.

Graphite is now among the hottest research topics in material science. It’s made up of sheets of a honeycomb-like arrangement of carbon atoms known as graphene, which possess many unusual properties, while water is renowned for being one of the most peculiar liquids known.

Indeed, Prof Esquinazi and his colleagues were led to perform their experiments by previous studies suggesting the combination might throw up something unusual.

Even so, the appearance of an effect as spectacular as superconductivity is far from obvious. And explaining it is likely to be a major challenge, given that even 25 years after their discovery, there’s no accepted theory to explain HTS materials, and even the basic theory of superconductivity is less than perfect.

The key challenge is explaining how electrons that struggle to get through a material suddenly flow like a torrent when the same material is chilled below a certain temperature.

The answer is thought to lie in the pairing up of electrons in such materials, allowing them to slip through the crystal lattice more easily.

What brings about this pairing is a mystery – not least because the temperatures at which it takes place should keep the electrons apart.

Recent experiments on HTS materials suggest that wavelike distortions in the arrangement of atoms within them play some role in keeping the electrons together – as they do in conventional superconductors.

Some kind of magnetic effect also seems to be involved, providing extra “glue” between the electrons.

What researchers have been crying out for are radically new types of HTS materials on which to test their ideas. Now it seems their wish may have been granted.

Intriguingly, this isn’t the first hint that room temperature superconductivity might be possible. Over the years, tantalising glimpses of the phenomenon have been reported, only to vanish again.

In 1974, in the journal Nature, a researcher at Nicolas Copernicus University in Torun, Poland, claimed to have detected room-temperature superconductivity in a sandwich-like layer of aluminium plus carbon – the element at the centre of the latest claim.

Prof Esquinazi and his team think their findings may be a replication of this 40-year-old sighting. Only replications of their own claims will reveal the truth.

Even if it is confirmed, a lot of work will be needed to put it to practical use. The researchers estimate that the superconductivity appears only in about 0.1 per cent of the total mass of the powder.

Some way of bulking out the material will be needed if it is to be exploited in sizeable products such as cables and magnets.

It will also have to be made robust enough for mass production – a problem that long bedevilled other HTS. And there’s always the possibility that the superconductivity will vanish when exposed to typical working conditions.

Prof Esquinazi and his team have been scrupulous about not overselling their claim. Despite its implications, they declined to go public with it until it was published in a respected academic journal.

Even the title of their paper – “Can doping graphite trigger room temperature superconductivity?” – contains a judicious question-mark.

In this the team are following a distinguished tradition.

In 1905 a paper appeared entitled “Does the inertia of a body depend on its energy content?” Its author was Albert Einstein, and its subject was the derivation of the most important scientific formula of all time, E = Mc2.

If room temperature superconductivity can be made a practical reality, the consequences will hardly be less important.

Source: http://www.thenational.ae/news/uae-news/technology/how-the-humble-pencil-could-write-the-future-of-energy#full

 

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Shield Gold Announces Option to Acquire Lochaber Graphite Properties

Posted by AGORACOM-JC at 9:42 AM on Friday, September 21st, 2012

Toronto, Ontario–(September 20, 2012) – Shield Gold Inc. (TSX-V: SHG) (the “Company”) is pleased to announce that it has signed agreements, subject to regulatory acceptance, to acquire a 100% interest in two properties representing 30 mining claims in Lochaber Township in southwestern Québec. The properties being acquired are located in the Central Metasedimentary Belt of the Grenville geological province and are noted in historical reports as hosting occurrences of disseminated flake graphite.

The Agreements: Shield Gold has options (the “Options”) to earn a 100% interest in the additional claims by making the following payments and issuing the following numbers of common shares of the Company to the vendors: (i) $7,000 on or before the date of regulatory approval of the Options (the “Payment Date”); (ii) 630,000 shares within five (5) days of the regulatory approval of the Options; (iii) $27,000 and 430,000 shares on or before the 1st anniversary of the Payment Date; (iv) $43,000 and 430,000 shares on or before the 2nd anniversary of the Payment Date; and (v) $67,000 and 430,000 shares on or before the 3rd anniversary of the Payment Date. In addition, the Company agrees to incur a work commitment totaling $270,000 during the three-year term of the Options. The vendor will retain a 2% net royalty on each property, 1% of which may be purchased by the Company for $1,000,000.

Howard Sinclair-Jones, President and CEO of Shield Gold notes that: “We are pleased to have accumulated a very significant property position in the historic graphite-producing area of Buckingham and Lochaber townships. Our three properties now total 68 mining claims, representing 3,400 hectares, and are easily accessible within 15 km of each other. We have initiated our work program and will provide further details shortly via the Shield Gold website.”

About Shield Gold Inc.: Shield Gold is a junior exploration company whose mission is the discovery and development of high quality precious metal, base metal and mineral resources. The Company has entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber property and with Virginia Mines Inc. on the La Grande Nord property. The contiguous properties are located in the La Grande Greenstone Belt in the James Bay region of Québec. The Company’s graphite exploration programs are located in the Buckingham and Lochaber Townships of southwestern Québec.

The content of this press release has been reviewed and approved by Mr. John M. Siriunas, P.Eng., a Qualified Person as defined by National Instrument 43-101.

For more information, please contact:

Howard Sinclair-Jones, President
Tel.: 416-654-1408 Email: [email protected]
Website: http://www.shieldgold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Amended: Lomiko Completes Drilling at Quatre Milles East Flake Graphite Property

Posted by AGORACOM-JC at 10:15 AM on Thursday, September 20th, 2012

LOMIKO METALS INC. (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) (the Company) is pleased to report 23 drill holes totaling 1600 metres were completed at the Quatre Milles East Flake Graphite Property in Quebec. Visible large flake graphite was identified in multiple drill holes from this campaign.

The purpose of the exploration campaign was to confirm historic drilling completed by previous operator Graphicor in 1992, which indicated significant intercepts of graphite. Lomiko did not have and does not have access to drill core from that period and was required under National Instrument 43-101 to re-drill some holes to verify results. Lomiko did have access to a report which included GPS locations of drill collars from the previous drilling which helped determine the location of a majority of the new drill holes.

Lomiko has begun the process of shipping drill core to the lab for testing. Even though initial information is encouraging, specific characteristics such as flake size, grade of graphite per tonne, recovery rates and calculation of intercept lengths will be vital in determining the ultimate success of the project.

The previous drilling by Graphicor at Quatre Milles East indicated a near-surface, road-accessible target which was intersected by multiple drill holes during historic, non-NI 43-101 compliant drilling. The available information has been complied into a NI 43-101 report which will be the template for describing a resource if the drilling program is successful. It is available at:

lomiko.com/properties/quatre.html

Graphite Facts

-Natural graphite comes in several forms: flake, vein, amorphous and lump.

-Southwestern Quebec is host to some of the most favorable geological terrain for graphite exploration in Canada and is known to host graphite resources, including the nearby Lac Des Iles Mine operated by Timcal.

-Graphite has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power that have the potential to create significant incremental demand growth.

-There is roughly 20-30 times more graphite by weight needed to produce a lithium-ion battery than there is lithium.

-Of the 1.2 million tonnes of graphite produced annually, approximately 40 per cent is of the most desirable flake type.

High-growth, high-value graphite applications require large-flake and high-purity graphite which is the prime exploration and development target at the Quatre Milles East Property.

Lomikos Quatre Milles East Graphite Property

The Quatre Milles East 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 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. A table of results from the 43-101 indicates:

Click Here for Table

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.

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, nuclear reactors are built in China, and if fuel cells and graphene patents become products.

-China, which produces about 70 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted.

-Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

Jean-Sebastien Lavalle (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
For more information, review the website at lomiko.com, contact

A. Paul Gill at 604-729-5312 or email: [email protected]
On Behalf of the Board
A. Paul Gill
Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: http://www.financialpost.com/news/mining/releases/detail.html?id=6664

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Energizer Resources Provides Progress Report on NI 43-101 Molo Deposit Delineation

Posted by AGORACOM-JC at 9:46 AM on Wednesday, September 19th, 2012

TORONTO, ONTARIO–( Sept. 19, 2012) – Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5) (“Energizer” or the “Company”) is pleased to announce it has received additional assays from its National Instrument (NI) 43-101 graphite resource drill program on the Molo deposit. The results continue to outline the targeted deposit size and boundaries, as well as the grade of the Molo deposit.

The Molo deposit is located in the Green Giant Graphite project, and is part of the joint venture (JV) property with Malagasy Minerals Limited in Madagascar. Energizer has a 75% ownership interest and is the operator of the project.

Drill and Trench Intersections Support Large Footprint of Molo

The Company has received assay results from an additional 9 diamond drill holes and 1 trench. Energizer has now received a combined total of 24 (of 47) drill holes, and 10 (of 19) trenches completed over the Molo deposit. This dataset continues to confirm that the Molo deposit has a very large footprint.

The company has focused its resource delineation program on the Molo deposit. The deposit’s description and shape consists of a 2 km strike length with a south plunging antiformal fold. In the north, the graphite mineralization is between 50-100 metres in width. The deposit then flares to over 500 metres in width as you move south, after which the graphite deposit width tapers to approximately 250-350 metres before splitting into two ‘arms’. The widths of these arms range in size between 50 and 100 metre widths respectively. The deposit is open at depth, and along strike.

Drill and trench data received to date, as well as mapping, prospecting and geophysical surveying, confirms graphite mineralization at surface, and over an area of at least 250,000 m2. The depth of mineralization that has been confirmed by drilling is in excess of 300 metres. With these results, the Company continues to move forward outlining a potential deposit size of 80-120 million tonnes. As well, the assays have outlined a grade average of between 5 and 8% carbon. The Company has now reported just over 50% of its drill holes, and will continue to report assay results as it receives them from the lab.

Cautionary Statement – The potential quantity and grade of the Molo deposit is conceptual in nature and there has been insufficient assay data received at this time to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that further exploration will result in the Molo being defined as a mineral resource. The potential quantity and grade of the Molo is being determined through the progression of exploration and the assays received. To date, the company’s exploration activities include airborne geophysical surveys, ground geophysics, mapping, drilling and trenching. The deposit target range is based on drilling and trenching results obtained to date.

Mine Site Design and Logistical Planning Underway

The recently completed drill program will provide the necessary data to complete a National Instrument (NI) 43-101 graphite resource, which will be part of the Preliminary Economic Assessment Report (PEA) due in Q4 of this year.

DRA Mineral Projects, Africa’s largest mine engineering, construction and operations firm, is authoring the PEA study, which will include a mine site layout. This layout will include a model flowchart for the graphite in three separate phases: phase 1) graphite production through simple crushing, phase 2) graphite through flotation, and phase 3) graphite purification targeting the electric vehicle (EV) battery market and electric power storage markets. It should be noted that the Molo deposit has a unique feature in that that Jumbo flake (i.e. +50 mesh) graphite at an average purity of 93% C can be easily liberated through simple crushing of the Molo deposit graphite.

As part of the PEA study, DRA has authored a preliminary mine design with a capacity of 150,000 tonnes per year graphite production. The mine will be constructed in 50,000 tonne modules. This will allow for the production at the Molo deposit to be scalable and which can be ‘ramped’ up when the project off-take demands manifest themselves in the marketplace.

Logistics and product management is a key component in a mine operation, and to this end, Energizer has engaged the Panalpina Group, one of the world’s leading intercontinental air and ocean freight supply chain and logistics companies to design and manage this phase of the operation. Panalpina has stated that existing infrastructure in southern Madagascar will allow for immediate production at the Molo. Working closely with DRA, Panalpina is currently outlining a logistical solution for Energizer that will enable graphite produced at the Molo to be transported in a cost effective manner from ‘pit to port to customer’.

Assay Results

The drill hole and trenches were designed to delineate the extent of the Molo deposit. The latest assay results received are from the southern and northern sections of the deposit respectively. Specifically, drill holes MOLO-12-10 through MOLO-12-15 were emplaced on the southern edge of the deposit where the Molo bifurcates into 2 arms. Drill holes MOLO-12-17, 18 and 20 were emplaced to test the width of the mineralization in the ‘arm’ that extends north of the Molo ‘central’. Trench MOLO-TH-12-09 was emplaced on the southern end of the Molo, where the deposit splits into 2 arms.

The table below summarizes the drill and trench intersections. An assay table summarizing all results is also provided on the Company’s website.

Drill Hole From (m) To (m) Length (m) C%
MOLO-12-10 71 278 207 6.55
MOLO-12-11 0.64 97.45 96.81 6.90
MOLO-12-11 129.3 221 91.7 5.68
MOLO-12-12 0.5 24.5 24 5.18
MOLO-12-12 80 137 57 6.56
MOLO-12-13 0.77 69.5 68.73 6.30
MOLO-12-14 35.09 128 92.91 5.44
MOLO-12-14 166 250 84 5.43
MOLO-12-15 0.87 159 158.13 5.10
MOLO-12-17 96 170 74 6.49
MOLO-12-18 7.5 118.5 111 6.39
MOLO-12-20 58.2 188.5 130.3 7.08
Trench From (m) To (m) Length (m) C%
MOLO-TH-12-09 22 130 108 6.02
MOLO-TH-12-09 166 220 54 8.79

Additional Graphite Available for Targeting Beyond the Molo Deposit

The Company realizes that off-take will be the key driver for the development and size of the Green Giant project. It continues to analyze the off-take opportunities for Electric Vehicles, fuel cells, battery storage, and pebble bed nuclear reactors. The Green Giant project offers a significant incremental exploration opportunity if the off-take demand for the above graphite usage manifests itself.

Immediately to the east, and attached to the Molo deposit is a graphite-bearing synformal fold of similar dimensions to the Molo deposit (which is an antiformal fold). This eastern synformal fold (“Molo East”) will not be part of the Company’s upcoming NI 43-101 resource statement as it was not drill tested. Through the use of both ground and airborne geophysics, geologic mapping and prospecting however, the Company believes that additional graphite mineralization would be easily obtainable at Molo East.

A satellite image of the Molo East target in relation to the Molo deposit footprint, as well as a block model of assay data received to date can be viewed on the Company’s website at www.energizerresources.com.

To view the images associated with this release, please visit the following link: http://media3.marketwire.com/docs/819900.pdf.

Energizer Appoints New President, & Chief Operating Officer and a New Chief Financial Officer

Energizer Resources is very pleased to announce the appointment of Craig Scherba, PGeo. to the role of President and Chief Operating Officer and Peter Liabotis, CA to the role of Chief Financial Officer.

In making these appointments, Kirk McKinnon, Chairman and CEO of Energizer stated, “Craig Scherba has progressively demonstrated his skillset and ability to manage the operational activities of Energizer as it moves from the exploration stage to mine development stage. Craig has steadily progressed from Vice President Exploration, to Senior Vice President of Exploration and Operations for Madagascar. The company wishes to recognize Craig’s exploration efforts in the discovery of the Molo project and its development. His intimate knowledge of the Green Giant project and his developed relationships within Madagascar, especially at the highest government levels, will provide an essential understanding as he leads the development of the Green Giant Project in Madagascar”.

“Peter Liabotis has been with the company for 3 years. During this time Peter has continuously demonstrated a strong understanding of the finance and operational side of the business. Peter’s responsibilities within the company have steadily increased and will continue to do so as we develop our Madagascar graphite project and operations.”

Richard Schler commented, “Given the magnitude of the opportunity the Molo graphite project presents us, I have stepped down from my role as VP & CFO and I will be focusing my attention primarily on the Molo mine development. I personally believe that the move towards green energy will drive electric vehicle and battery storage demand and that the tipping point is just around the corner. I will continue to sit on the Board of Directors and act in the capacity of Executive Vice-President, Operations. I am pleased that Mr Scherba and Mr Liabotis have accepted their respective roles and am confident that they will serve the shareholders well. The Molo graphite project is very promising and I believe it will provide significant shareholder value as it moves forward into production”.

Qualified Person

Craig Scherba, P.Geo., is the qualified person for the technical information provided in this release.

For more information, please visit our website at www.energizerresources.com.

We seek Safe Harbour: This press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.

Contact Information

 

Energizer Resources Inc.
Brent Nykoliation
Vice President of Business Development
Toll Free: 800.818.5442 or 416.364.4911
[email protected]

Energizer Resources Inc.
Craig Scherba
President and COO
Toll Free: 800.818.5442 or 416.364.4911
www.energizerresources.com

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Lomiko Intercepts Large Flake Graphite During Drilling at Quatre Milles East Property in Quebec

Posted by AGORACOM-JC at 9:03 AM on Monday, September 17th, 2012

Vancouver BC – LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, FSE: DH8B) (the “Company”) is pleased to report visible identification of large flake graphite in multiple holes at the Quatre Milles Flake Graphite Property in Quebec.

The previous drilling by Graphicor at Quatre Milles East indicated a near-surface, road-accessible target which was intersected by multiple drill holes during historic, non-43-101 drilling. The available information has been complied into a NI 43-101 which will be the template for describing a resource if the drilling program is successful.  It is available at:

http://www.lomiko.com/properties/quatre.html

Graphite Facts

-Natural graphite comes in several forms: flake, vein, amorphous and lump.

-Southwestern Quebec is host to some of the most favorable geological terrain for graphite exploration in Canada and is known to host graphite resources, including the nearby Lac Des Iles mine operated by Timcal.

-Graphite has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power that have the potential to create significant incremental demand growth.

-There is roughly 20-30 times more graphite by weight needed to produce a lithium-ion battery than there is lithium.

-Of the 1.2 million tonnes of graphite produced annually, approximately 40 per cent is of the most desirable flake type.

High-growth, high-value graphite applications require large-flake and high-purity graphite which is the prime exploration and development target at the Quatre Milles Property.

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. A table of results from the 43-101 indicates:

 ------------------------------------------
 |HOLE NO.|FROM(M)|TO(M)|WIDTH (M)|GRADE  |
 |        |       |     |         |(% CGP)|
 |----------------------------------------|
 |Q90-1   |8.94   |10.46|1.52     |7.33   |
 |----------------------------------------|
 |Q90-2   |28.68  |30.13|1.45     |10.38  |
 |----------------------------------------|
 |Q90-3   |16.23  |17.84|1.61     |4.09   |
 |----------------------------------------|
 |Q90-4   |9.4    |14.1 |4.7      |3.95   |
 |----------------------------------------|
 |Q90-5   |2      |3.90 |1.90     |2.07   |
 |----------------------------------------|
 |Q90-5   |22.13  |23.25|1.12     |10.52  |
 |----------------------------------------|
 |Q90-6   |32.54  |41.19|8.65     |8.07   |
 |----------------------------------------|
 |Q90-6   |43.47  |44.05|0.98     |3.87   |
 |----------------------------------------|
 |Q90-7   |3.94   |32.54|28.60    |8.07   |
 |----------------------------------------|
 |Q90-8   |1.54   |2.16 |0.62     |14.89  |
 |----------------------------------------|
 |Q90-8   |5.23   |8.05 |2.82     |7.45   |
 |----------------------------------------|
 |Q90-9   |2.05   |3.10 |1.05     |8.47   |
 |----------------------------------------|
 |Q90-9   |5.76   |6.8  |1.04     |10.86  |
 |----------------------------------------|
 |Q90-10  |2.14   |5.54 |3.40     |8.02   |
 |----------------------------------------|
 |Q90-10  |7.03   |7.61 |0.58     |10.59  |
 |----------------------------------------|
 |Q90-10  |8.53   |9.03 |0.50     |15.48  |
 |----------------------------------------|
 |Q90-10  |9.27   |11.24|1.97     |12.37  |
 |----------------------------------------|
 |Q90-10  |14.16  |15.46|1.30     |4.26   |
 |----------------------------------------|
 |Q90-11  |26.82  |34.02|7.20     |4.63   |
 |----------------------------------------|
 |Q90-12  |0.94   |8.53 |7.59     |8.60   |
 |----------------------------------------|
 |Q90-12  |38.16  |43.61|5.45     |3.79   |
 |----------------------------------------|
 |Q90-13  |0.69   |10.28|9.59     |4.64   |
 |----------------------------------------|
 |Q90-13  |40.95  |43.14|2.19     |3.82   |
 |----------------------------------------|
 |Q90-14  |5.56   |7.22 |1.66     |8.12   |
 |----------------------------------------|
 |Q90-15  |2.21   |5.59 |3.38     |9.76   |
 |----------------------------------------|
 |Q90-16  |       |     |         |NSV    |
 |----------------------------------------|
 |Q90-17  |15.48  |18.63|3.15     |8.11   |
 |----------------------------------------|
 |Q90-17  |21.43  |23.67|2.24     |13.29  |
 |----------------------------------------|
 |Q90-17  |36.77  |47.97|11.20    |5.88   |
 |----------------------------------------|
 |Q90-17  |57.15  |58.21|1.06     |9.53   |
 |----------------------------------------|
 |Q90-17  |59.54  |69.82|10.28    |5.99   |
 |----------------------------------------|
 |Q90-18  |10.68  |12.90|2.22     |8.12   |
 |----------------------------------------|
 |Q90-19  |47.80  |49.25|1.45     |9.16   |
 |----------------------------------------|
 |Q90-19  |50.42  |58.49|8.07     |5.72   |
 |----------------------------------------|
 |Q90-20  |13.51  |16.98|3.47     |5.81   |
 |----------------------------------------|
 |Q90-21  |2.80   |4.98 |2.18     |5.56   |
 |----------------------------------------|
 |Q90-22  |17.37  |20.04|2.67     |2.58   |
 |----------------------------------------|
 |Q90-23  |       |     |         |NSV    |
 |----------------------------------------|
 |Q90-24  |1.78   |4.14 |2.36     |3.77   |
 |----------------------------------------|
 |Q90-24  |12.32  |13.09|0.77     |4.20   |
 |----------------------------------------|
 |Q90-24  |16.86  |18.66|1.80     |4.96   |
 |----------------------------------------|
 |Q90-25  |19.69  |21.24|1.55     |3.67   |
 |----------------------------------------|
 |Q90-25  |25.27  |26.65|1.38     |9.66   |
 |----------------------------------------|
 |Q90-26  |       |     |         |NSV    |
 ------------------------------------------

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.

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, nuclear reactors are built in China, and if fuel cells and graphene patents become products.

-China, which produces about 70 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted.

-Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

Near-Term Strategy

Lomiko plans to mount an aggressive exploration campaign on the Quatre Milles Graphite Property commencing with a complete compilation of historic geologic work followed by surface mapping, prospecting and follow-up diamond drilling.

Jean-Sebastien Lavallée (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at www.lomiko.com, contact

A. Paul Gill at 604-729-5312 or email: [email protected]

On Behalf of the Board

“A. Paul Gill”

Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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