Lomiko Metals Identifies New Rare Earth Element ("REE") Anomalies at the Yellow Fox Critical and Precious Metals Property in Central Newfoundland
Original announcement by tmx on
- Company
- Lomiko Metals Inc.
- Ticker
- LMR
- Exchange
- TSX
- Region
- Newfoundland
- Primary commodity
- Rare earth elements
- Secondary commodities
- Antimony, Gold, Silver, Lead, Zinc, Cerium, Lanthanum, Neodymium, Praseodymium, Dysprosium, Thorium
- Document categories
- Drill results, Other
- Extracted
- 2026-08-21 03:17:43 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lomiko Metals has identified new, highly anomalous rare earth element (REE) soil anomalies at its Yellow Fox property in Newfoundland. The results include significant concentrations of Neodymium, Praseodymium, and Dysprosium, suggesting a potentially large LREE and HREE mineralized system.
Reasoning: The announcement reports a new potential REE discovery via soil sampling with highly anomalous grades (up to 0.52% REE) and significant anomaly dimensions.
Positive factors
- new discovery potential
- highly anomalous REE grades
- presence of both LREE and HREE
- large anomaly dimensions
Negative factors
- surface sampling is selective
- no standards or blanks added to the 7-sample batch
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The REE anomalies represent a new type of target (REE) discovered during exploration of a known antimony property.
Evidence · text
“NEW potential rare earth discovery.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
Fact 1Yellow Fox · rare earth elementsGrade: 5176Grade Unit: ppmView all detailsHide details
Identity
- Project
- Yellow Fox
- Commodity
- rare earth elements
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 5176
- Grade Unit
- ppm
Classification
- Sample Type
- surface
- Mining Method
- unknown
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- thorium
Metal Equivalent
- Metal Eq. Grade
- 0.52
- Metal Eq. Unit
- % REEs
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: High REE values (up to 5176 ppm) in soil samples indicate a significant anomaly.
Positive factors
- high grade REE values
Negative factors
- no standards or blanks in this specific batch
Fact 2Yellow Fox · neodymiumGrade: 890Grade Unit: ppmView all detailsHide details
Identity
- Project
- Yellow Fox
- Commodity
- neodymium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 890
- Grade Unit
- ppm
Classification
- Sample Type
- surface
- Mining Method
- unknown
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Neodymium up to 890 ppm is highly anomalous for soil.
Positive factors
- anomalous Nd
Fact 3Yellow Fox · praseodymiumGrade: 192Grade Unit: ppmView all detailsHide details
Identity
- Project
- Yellow Fox
- Commodity
- praseodymium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 192
- Grade Unit
- ppm
Classification
- Sample Type
- surface
- Mining Method
- unknown
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Praseodymium up to 192 ppm is highly anomalous.
Positive factors
- anomalous Pr
Fact 4Yellow Fox · dysprosiumGrade: 191Grade Unit: ppmView all detailsHide details
Identity
- Project
- Yellow Fox
- Commodity
- dysprosium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 191
- Grade Unit
- ppm
Classification
- Sample Type
- surface
- Mining Method
- unknown
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Dysprosium up to 191 ppm is elevated.
Positive factors
- elevated Dy
Fact 5Yellow Fox · ceriumGrade: 2510Grade Unit: ppmView all detailsHide details
Identity
- Project
- Yellow Fox
- Commodity
- cerium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 2510
- Grade Unit
- ppm
Classification
- Sample Type
- surface
- Mining Method
- unknown
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- Eastern Analytical Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Cerium values up to 2510 ppm identified in original ICP package.
Positive factors
- high Ce values
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.