Investorideas.com newswire, commentary for mining sector

Thursday, March 10, 2011

Gold Stocks News : LOMIKO (TSXV:LMR) TO EXPLORE MAGNETIC ANOMALIES AT VINES LAKE GOLD PROJECT

Gold Stocks News :  LOMIKO (TSXV:LMR) TO EXPLORE MAGNETIC ANOMALIES AT VINES LAKE GOLD PROJECT

Mar. 10, 2011
Vancouver, (InvestorIdeas Mining Stocks Newswire)  LOMIKO METALS INC. (TSXV:LMR) (OTC:LMRMF) (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,)("Lomiko" or "the Company) Lomiko Metals Inc. holds the rights to three contiguous mineral tenures, totaling 1,169 Ha (2,888 Acres) located in the southwestern corner of the Cassiar Gold District or ‘Cassiar Gold Camp'.
Due to the property's close proximity to formerly producing mines with a proven history in the Cassiar Mining Camp, it is the opinion of the company that potential exists on the 100% owned Vines Lake Property for discovering new high-grade gold vein systems. Also, there is a potential for other intrusion related mineralization proximity along with the presence of the Cassiar Batholith and its associated boundary contacts, over which Lomiko's Vines Lake property claims are located.
In the latest technical report on the Vines Lake Project dated April 30, 2009, Garth Kirkham, P.Geo and Qualified Person for the Project recommends an exploration program for the Vines Lake Project. This program is designed to target both potentially high-grade gold vein systems, as seen at the adjacent Table Mountain Mine, in addition to the prospect of intrusion related mineralization. Phase I of the program is targeted to begin as soon as weather and snow conditions permit. Phase II will explore follow-up targets resulting from the geological mapping, geochemical and ground geophysical surveys resulting from Phase I.
Mr. Garth Kirkham, P.Geo is a Director of Lomiko Metals Inc. in addition to being the Qualified Person for the Vines Lake Project and has reviewed the technical data in this news release.
For more information, please contact Paul Gill at 604-729-5312, email: info@lomiko.com or refer to the website at: www.lomiko.com
On behalf of Lomiko Metals Inc,
Signed: "A. Paul Gill"
A. Paul Gill, President & CEO
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.

About Lomiko:
Lomiko Metals Inc. is a Canadian-based junior company whose objective is to increase shareholder value through the acquisition and exploration of high quality mineral mining projects and development into a fully integrated battery supplier. Lomiko is currently exploring for salt brines that contain lithium, sodium, sulfate, chloride and potash in salt lakes or salars.  Lomiko's growth strategy is to become a fully integrated supplier of lithium ion batteries.  The potential for partnership in creating lithium rechargeable batteries to replace current polluting methods of energy is excellent.  Interest in lithium and lithium batteries is growing exponentially.  The Company is committed to its development program and in showing corporate social and environmental stewardship in the arena.

Disclaimer/disclosure:  The following Lomiko Metals news release is paid for by third party on behalf of LMR.V (five hundred for 1day  of service). Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com

Source - Investorideas.com, Lomiko Metals 
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1100 publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp

Mining stocks - become a showcase mining stock at www.investorideas.com and see your news online
Post a Comment

Investorideas.com mining stocks newswire