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, Zinc, Lead, Silver, Gold, Cerium, Lanthanum, Neodymium, Praseodymium, Dysprosium, Gallium, Thorium
- Document categories
- Drill results, Other
- Extracted
- 2026-09-12 11:16:17 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lomiko Metals has identified new rare earth element (REE) anomalies at its Yellow Fox property in Newfoundland through expanded soil sampling. The results show highly anomalous levels of magnet metals, including Neodymium, Praseodymium, and Dysprosium, with total REE values reaching up to 5,176 ppm.
Reasoning: The identification of highly anomalous REE soil samples (up to 5,176 ppm TREE) including critical magnet metals (Nd, Pr, Dy) represents a significant new exploration target at the Yellow Fox property.
Positive factors
- Discovery of new REE anomalies
- High concentrations of magnet metals (Nd, Pr, Dy)
- Large scale of anomalies (up to 1300m length)
- Presence of both LREE and HREE
Negative factors
- No QA/QC disclosure for the specific 7-sample REE batch
- Surface sampling is selective and may not represent average grades
Facts used in scoring: 6
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 within the existing exploration program targeting critical metals.
Evidence · text
“NEW potential rare earth discovery.”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The document states that for the specific 7-sample REE batch sent to Bureau Veritas, no standards or blanks were added.
Evidence · text
“No standards or blanks were added to this batch of 7 samples.”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
Fact 1rare earth elementsGrade: 5176Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- rare earth elements
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 5176
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Total REE values up to 5,176 ppm are highly anomalous for soil samples.
Positive factors
- High REE values
Negative factors
- Surface sampling selectivity
Evidence · text
“1697ppm to 5176 ppm or (0.52%) REEs”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
Fact 2neodymiumGrade: 890Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- neodymium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 890
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Neodymium is a critical magnet metal and the reported grades are highly anomalous.
Positive factors
- High Nd grade
Evidence · text
“Neodymium (Nd) from 186 to 890ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
Fact 3praseodymiumGrade: 192Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- praseodymium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 192
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Praseodymium is a critical magnet metal and the reported grades are highly anomalous.
Positive factors
- High Pr grade
Evidence · text
“Praseodymium (Pr) at 46-192ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
Fact 4dysprosiumGrade: 191Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- dysprosium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 191
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Dysprosium is a critical heavy REE and the reported grades are highly anomalous.
Positive factors
- High Dy grade
Evidence · text
“dysprosium (Dy) at 36 – 191ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
Fact 5ceriumGrade: 2510Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- cerium
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 2510
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Cerium is a major light REE and the reported values are highly anomalous.
Positive factors
- High Ce grade
Evidence · text
“Ce values up to 2,510 (See Table 1) parts per million (ppm)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
Fact 6lanthanumGrade: 414Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- lanthanum
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- LMR
Geometry
- Grade
- 414
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Yellow Fox
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Lanthanum is a major light REE and the reported values are highly anomalous.
Positive factors
- High La grade
Evidence · text
“La values up to 414 ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 millio"
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.