Consul-Teck Exploration Services have begun sampling and preparation work at the Quatre Milles East Property which is located about 175km northwest of Montreal and 17km north of Sainte-Veronique.
Consul-Teck has proposed a budget of $307, 028 for Phase I and $724,041 for Phase II which are planned to be completed by December 2012.
Drilling will focus on determining the areas of historical high-grade graphite intersected previously by Graphicor Resources on the property and would aim at establishing a flake graphite resource at the Quatre Milles Property.
Lomiko’s Quatre Milles Graphite Property is found to have 28 contiguous claims totaling about 1,600ha in a latest technical report by Consul-Teck.
The underlying geology comprises intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.
Lomiko plans to undertake a massive 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.
Earlier work by Graphicor included reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625m, which identified several conductive trends in the central portion of the property and flat lying graphitic beds.
Analysis of three surface samples gave results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf and 23 of the initial 26 drill holes intersected graphite concentrations in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60m in hole Q90-7.
The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50m.
