Lomiko Metals Identifies New Rare Earth Element ("REE") Anomalies at the Yellow Fox Critical and Precious Metals Property in Central Newfoundland
Lomiko Unearths High-Grade Rare Earth Potential at Yellow Fox Amidst Tight Liquidity and Management Oversight Concerns
The news release dated January 13, 2026, reports Phase II soil sampling results from the Yellow Fox property in Newfoundland. The key takeaway is the identification of high-grade Rare Earth Element (REE) anomalies. Seven samples re-tested for a full REE suite returned Total Rare Earth Elements (TREE) ranging from 1,697 ppm to 5,176 ppm (0.52%). Specifically, the results show highly anomalous values for Neodymium (Nd), Praseodymium (Pr), and Dysprosium (Dy). Two significant anomaly zones have been identified: the Eastern zone (175m x 1,000m) and the Western zone (500m x 1,300m), totaling approximately 2,300 meters in strike length.
The impact is Material - Positive, but carries high exploration risk. - Discovery of Value Drivers: Adding high-grade REEs to an already established Antimony and Gold prospect significantly increases the project's optionality and attractiveness for government grants. The grades (0.52% TREE) are considered very high for soil samples. - Scale: The identified anomalies are large in footprint (over 2km in length), suggesting a potentially significant mineralized system. - Execution: Management has successfully followed through on the exploration plan outlined in early 2025. - Risk Mitigation: The diversity of commodities (Graphite in Quebec, Antimony/REE in Newfoundland) hedges the company against price volatility in any single "green energy" metal. - Warning Note: These are surface soil samples, not drill results. Soil anomalies do not always correlate to economic mineralization at depth.
Lomiko Metals is focused on critical minerals for the North American supply chain. - Flagship Project: La Loutre Graphite Project (Quebec). It hosts an Indicated Resource of 64.7Mt at 4.59% Cg (3.0Mt contained graphite). - Secondary Project: Yellow Fox (Newfoundland), prospective for Antimony, Gold, and now REEs. - Strategic Importance: Both projects involve minerals designated as "Critical" by the Canadian and US governments.