Lomiko Metals: A New Era of Leadership and Responsible Critical Minerals Development

Lomiko Metals Inc. (TSX.V: LMR) has announced a significant management transition, with Gordana Slepcev assuming the role of Chief Executive Officer (CEO) and Belinda Labatte continuing as Executive Chair. This strategic move comes amidst preparations for the 2024 Annual General Meeting (AGM), with materials being made available on the company's website due to the ongoing Canada Post strike. This article explores the implications of this leadership change and the company's commitment to responsible critical minerals development.



Gordana Slepcev brings over 25 years of operational experience in mining, with a proven track record in leading safe mining operations and creating value at all stages of development. Her extensive experience spans multiple commodities, including gold, base metals, coal, and industrial minerals. Slepcev's expertise in mineral exploration, permitting, corporate and regulatory/First Nations/Indigenous relations, and project financing makes her an ideal fit for Lomiko's growth strategy.

Belinda Labatte, the outgoing CEO and interim chair, remarked on the transition: "As partners with shared values and vision for the growth of this business, Gordana and I see this change as the right leadership for the current phase of development and growth of the business." This alignment in vision and values between the two leaders signals a cohesive approach to driving Lomiko's success in the critical minerals sector.



Lomiko's key priority is the development of its La Loutre graphite project in southern Quebec. The project is within the Kitigan Zibi Anishinabeg (KZA) First Nation's territory, and the company is committed to responsible and innovative development. Lomiko has secured significant funding, including a Department of Defense (DoD) Technology Investment Agreement (TIA) grant of US$8.35 million and a CA$4.9 million non-repayable contribution from the Critical Mineral Research, Development and Demonstration (CMRDD) program administered by Natural Resources Canada.

The company's commitment to responsible critical minerals development is evident in its community engagement efforts. Lomiko has agreed with Cindy Valence, Chief Sustainability Officer, to transition to strategic advisory work, focusing on education and information regarding upcoming works on La Loutre and regional claims.

In conclusion, Lomiko Metals' management transition signals a new era of leadership and commitment to responsible critical minerals development. With Gordana Slepcev's extensive operational experience and Belinda Labatte's continued strategic guidance, the company is well-positioned to advance its La Loutre graphite project and contribute to North America's energy security. As investors, it is essential to monitor Lomiko's progress and consider the potential of this under-owned sector in our portfolios.