Lomiko Identifies New Multi-Element Anomalies at Yellow Fox, the Antimony, Silver, and Gold Property Located in Central Newfoundland
Gordana Slepcev, CEO, President, and Director, stated: “We are happy to see very promising results coming out from the soil sampling work at Yellow Fox property field program which identified several soil anomalies comprised of multiple pathfinder elements (Au, Sb, Ag, Zn, Pb, As, Fe, Mn) exhibiting similar traits to that of the historic soil survey conducted over the Yellow Fox Showing. These new anomalies are trending similarly to the Yellow Fox N-NE. We are looking forward to continuing with the soil sampling and geophysical surveys over identified anomalous trends to better identify trenching and channel sampling targets.”
In addition,
Highlights:
- New high-priority multi-element targets identified.
- Anomalies trending roughly the same orientation as Yellow Fox Showing.
- Anomalies discovered are close to Yellow Fox Showing.
-
Soil sampling program successfully targeted south of
Yellow Fox , showing 59.413 g/t gold and areas of increased density of interpreted structures. - 551 soil samples were collected on ten 250m spaced lines trending 110 degrees.
- Several high-priority targets with a similar trend (015 °) to that of mineralized vein sets at the Yellow Fox Showing have been identified.
Please note that the results on an adjacent or nearby property (
This program was designed to evaluate prospective regional structures transecting the Yellow Fox property at roughly the same orientation as that of the
Assay results from this program highlight the identification of several soil anomalies comprised of multiple pathfinder elements (Au, Sb, Ag, Zn, Pb, As, Fe, Mn) exhibiting similar traits to that of the historic soil survey conducted over the Yellow Fox Showing. These new anomalies are trending roughly North(N)-Northeast(NE) similar to that of the highly prospective regional structures which also trend N-NE. Several high-priority multi-element anomalies with similar geochemical signatures to those of the Yellow Fox Showing are present in close proximity to the main showing.
Soil sampling is proving to be a helpful tool, especially given the lack of outcrop, in identifying areas of high exploration potential, as demonstrated in the Yellow Fox Showing area. The next stages will include ground geophysics to better define the orientation and location of high-priority targets, followed by surface trenching.
In July of 2025, a second phase of soil sampling was conducted to further expand on the phase one program. 280 soil samples were collected for Au and ICP analysis. Soil samples were collected to the south and the west of the spring soil sampling program. Currently awaiting assay results.
In July, the Government of
- Additional soil sampling took place in early July, with 280 samples collected.
- Next work phase will include ground geophysics followed by surface trenching
- Line cutting, ground geophysics and surface trenching permits have been received.
- Stripping, channel sampling and trenching.
Location Details
The Yellow Fox Property is located approximately 10 km southwest of the
Geologically,
Qualified Person
The technical content presented in this press release was reviewed and approved by Gordana Slepcev,
All samples were dried and then sent to
About
The Company holds mineral interests in its La Loutre graphite development in southern
The Property is underlain by rocks from the
The Company also holds interest in seven early-stage projects in southern
The graphite portfolio consists of 328 claims in total on seven early-stage projects covering 18,622 hectares in southern
- Ruisseau–grades up to 27.9 percent carbon graphite (“% Cg”) from four distinct high grade mineralized zones that are over 3km long;
- Meloche –grades up to 13.3% Cg from two distinct mineralized clusters;
- Tremblant –grades up to 11.6% Cg from numerous, widespread spot anomalies; and
-
Dieppe –grades up to 6.82% Cg from numerous, widespread spot anomalies and a distinct mineralized cluster. - Boyd–8 samples grades range from 5.61% Cg to 17.10 %Cg with all samples above 5.00% Cg.
The technical content regarding the exploration results presented was reviewed by
In addition to La Loutre, Lomiko has acquired claims in The Yellow Fox Property is located approximately 10 km southwest of the
This property is on the same trend as the past-producing antimony mine
Lomiko QP relied on the information provided by
On behalf of the Board,
Gordana Slepcev
CEO & President and Director,
For more information on
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