LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (the
"Company") reports Consul-Teck of Val-d'Or and consulting firm Dube &
Desaulniers conducted a combined Magnetic and Very Low Frequency
Electro-Magnetic (VLF-EM) survey on the West Block of the Quatre Milles Project
for a total of 209.6 linear km. The survey is part of an extensive and
comprehensive exploration plan at Quatre Milles for the 2014 season. 


The goal of the program is to identify high grade, near surface graphite
mineralization suitable for conversion to battery-grade graphite. The graphite
industry could see exponential growth based on new demand for lithium-ion
batteries which use 10 to 15 times as much graphite as lithium. 


Telsa Motor Cars announced, "As we at Tesla reach for our goal of producing a
mass market electric car in approximately three years, we have an opportunity to
leverage our projected demand for lithium ion batteries to reduce their cost
faster than previously thought possible."


Lomiko is also an investor in Graphene 3D Lab as of November 22, 2013 which aims
to pioneer the manufacturing of electronic devices using graphene 3D printing
filament and graphene printers. Currently, there are 11,000 patented or
patent-pending graphene technologies which will require graphene material. Large
companies such as General Electric, Lockheed-Martin and Samsung have confirmed
their interest in Graphene uses. The graphite industry may see increased demand
as a base material for the production of graphene. Lomiko will be able to
participate in this new demand due to initial test results September 17, 2013
indicating graphite from Quatre Milles was converted to graphene oxide.


Previously reported drill results at Quatre Milles indicate extensive
mineralization in the region. The Quatre Milles Project NI 43-101 Technical
Report with all Phase I and historical drill hole results is available on the
Lomiko web site. On March 13, 2014, Lomiko closed a financing for $ 5.5 million
for the purposes of advancing the Quatre Milles Property and investing in
technology.


In total, 88 VLF-EM conductors axis were identified. Of those, 23 new conductors
are prioritized for further review. Conductors that are associated to magnetic
anomalies are likely caused by pyrrhotite rich sulphide occurrences. However,
most of the conductors do not show correlation with the magnetic signal and the
strongest VLF-EM anomalies are thus possibly caused by graphite mineralization. 


Lomiko will initially investigate the outlined anomalies by basic prospecting
methods and follow-up with drilling at identified graphite zones. Strong
magnetic anomalies that are not responding to the VLF-EM method also deserve
further investigation. Sources identified as promising for mineralization
discoveries could then be the object of resistivity/IP surveys that can be
efficiently used to penetrate the ground at further depth and better image the
geometry of conductive and chargeable sources.


Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by
National Instrument 43-101, has reviewed and approved the technical content of
this release. 


On Behalf of the Board

A. Paul Gill, Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.com