# Lomiko Metals Announces Start of La Loutre Graphite Bulk Sample Processing and Upgrading to Anode Material with Corem Research Center, based in Quebec, and Corporate Update Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lomiko-metals-announces-start-of-la-loutre-graphite-bulk-sample-processing-and-u--92fbec49-b1c0-48e3-86a3-d779abfa54e7 Original source: https://money.tmx.com/en/quote/LMR/news/7396722490337819/lomiko-metals-announces-start-of-la-loutre-graphite-bulk-sample-processing-and-u Publisher: tmx Original announcement: 2025-12-11T02:16:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lomiko Metals Inc. - Ticker: LMR - Exchange: TSX - Region: Quebec - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Metallurgy, Capital raise - Extracted: 2026-08-21 03:54:51 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Lomiko Metals has completed fieldwork to extract a 200-metric-tonne bulk sample from its La Loutre graphite deposit in Quebec. The material will undergo pilot-scale processing at the Corem Research Center to validate the production of battery-grade anode material. Additionally, the company announced a debt settlement of $90,000 via the issuance of 818,181 common shares. Reasoning: The announcement of pilot-scale metallurgical testing for a 200t bulk sample is a significant technical de-risking step for the La Loutre project, though offset by a small debt-for-equity settlement. - Positive factor: Transition from lab-scale to pilot-scale validation - Positive factor: Collaboration with specialized research center \(Corem\) - Positive factor: Bulk sample extraction completed - Negative factor: Debt settlement via equity issuance causes dilution Facts used in scoring: 3 ## Classification and evidence **Bench Scale Only** Polarity: negative Definition: Only preliminary bench tests completed — no locked-cycle or pilot work. Why it applies: The company is currently transitioning from laboratory-scale to pilot-scale, meaning commercial-scale results are not yet available. Evidence · text > transitions prior laboratory-scale findings to pilot-scale validation **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Gordana Slepcev, P.Eng., is identified as the Qualified Person for the technical content. Evidence · text > reviewed and approved by Gordana Slepcev, P.Eng., who is the CEO & President of Lomiko Metals and acts as the “Qualified Person” ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Metallurgical Results (3) ### pilot plant [Link to this fact](https://atlas-staging.minestarters.com/news/lomiko-metals-announces-start-of-la-loutre-graphite-bulk-sample-processing-and-u--92fbec49-b1c0-48e3-86a3-d779abfa54e7#fact-metallurgical-facts-0) graphite #### Identity - Commodity: graphite - Ticker: LMR #### Test Work - Program Status: optimization - Test Type: pilot plant - Processing Route: flotation, micronization, spheroidization, purification, and coating - Sample: 200-metric-tonne bulk sample from La Loutre graphite deposit #### Recovery - Recovery Basis: unspecified #### Lab - Laboratory: Corem Research Center #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: The move to pilot-scale testing with a 200t bulk sample is a major step toward commercial validation. - Positive factor: Pilot scale testing - Negative factor: Recovery not yet reported Evidence · text > successful completion of fieldwork for the extraction of a 200-metric-tonne bulk sample from its La Loutre graphite deposit ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/lomiko-metals-announces-start-of-la-loutre-graphite-bulk-sample-processing-and-u--92fbec49-b1c0-48e3-86a3-d779abfa54e7#fact-metallurgical-facts-1) graphite Historical result Needs review: historical\_restatement #### Identity - Commodity: graphite - Ticker: LMR #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-05-11T00:00:00.000Z #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: This is a restatement of the May 2023 MRE provided for context. - Positive factor: Large tonnage - Negative factor: Historical data Evidence · text > estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/lomiko-metals-announces-start-of-la-loutre-graphite-bulk-sample-processing-and-u--92fbec49-b1c0-48e3-86a3-d779abfa54e7#fact-metallurgical-facts-2) graphite Historical result Needs review: historical\_restatement #### Identity - Commodity: graphite - Ticker: LMR #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-05-11T00:00:00.000Z #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Restatement of historical inferred resource from the 2023 MRE. - Negative factor: Inferred category Evidence · text > 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.