Mr. A. Paul Gill of Lomiko Metals reports

LOMIKO TO DRILL HIGH GRADE FLAKE GRAPHITE ZONE WHICH HAS INTERCEPTS OF 28.5 M OF 16.53% CG AND 33.3 M OF 14.62% CG

Canada Strategic Metals Inc. and Lomiko Metals Inc. filed a technical report prepared in compliance with National Instrument 43-101 on March 24, 2016, for the La Loutre flake graphite property of 18.4 million tonnes of 3.19 per cent indicated and 16.7 million tonnes at 3.75 per cent flake graphite inferred with a cut-off of 1.5 per cent.

The resource did not include high-grade intercepts of 28.5 metres of 16.53 per cent Cg and 21.5 metres of 11.53 per cent Cg reported on Jan. 6, 2016, and 9 per cent over 90.75 metres reported Sept. 24, 2015, from the Refractory zone.

"The Graphene-Battery zone has delivered excellent results, but the La Loutre has much more to offer at the Refractory zone," stated A. Paul Gill, chief executive officer of Lomiko. "We need to drill the Refractory zone to a resource level to confirm the full potential of the property. Further, Lomiko will complete metallurgy and graphite characterization studies in relation to a preliminary assessment of the best market for the graphite from the property."

  TOP 10 DRILL RESULTS AT THE LA LOUTRE FLAKE GRAPHITE PROPERTY

Drill hole No.        Mineralization      Length along      
                   From (m)    To (m)         the core      Gp (%)

LL-14-05              6.65       135         128.35 (1)      4.72
Includes              6.65      20.2          13.55 (1)      9.37
Includes               104     130.4           26.4 (1)      8.42
LL-14-14              18.8      63.6           44.8 (1)      4.98
Includes              18.8      33.5           14.7 (1)      9.02
Includes              18.8        22            3.2 (1)      13.6
Includes              25.5      33.5              8 (1)      10.2
LL-14-15               3.4     56.65          53.25 (1)      4.40
Includes              10.2     25.55          15.35 (1)      7.46
LL-14-21              15.3      35.6           20.3 (1)      8.01
                      59.9      75.4           15.5 (1)      5.91
LL-14-24              14.1     32.25          18.15 (1)      7.73
Includes              14.1      19.4            5.3 (1)     13.15
                        73    172.75          99.75 (1)      2.74
Includes             73.95     77.05            3.1 (1)      8.68
Includes               167     171.5            4.5 (1)     11.99

(1) Length along the core; according to the society, the true
width of the drill hole represents between 70 per cent and 95 per
cent along the core.

Drill hole No.        Mineralization      Length along      
                   From (m)    To (m)         the core      Gp (%)

                    216.55     218.6           2.05 (1)       3.5
                    224.15       229           4.85 (1)      2.16
                       274       291             17 (1)      1.24
LL-15-09            116.25    207.00          90.75 (2)   9.00 (2)
Includes            136.50    199.30          62.80 (2)     11.88
Includes            147.00    194.80          47.80 (2)     13.66
LL-15-15              2.20    130.25         128.05 (1)   3.47 (3)
Includes              2.20     19.80          17.60 (1)      4.87
Includes             28.70     38.75          10.05 (1)      9.97
LL-15-33             16.15     50.00          33.85 (1)      5.57
Includes             16.75     25.00           8.25 (1)     10.32
LL-15-50              2.20     48.45          46.25 (2)      5.43
Includes              5.80      9.75           3.95 (2)     17.95
Includes             42.70     46.95           4.25 (2)     15.56
LL-15-51              4.20     37.50          33.30 (2)     14.62
Includes              9.00     37.50          28.50 (2)     16.53
                     91.55    122.50          30.95 (2)      8.18
Includes             91.55     98.50           6.95 (2)     18.31
Includes            115.00    122.50           7.50 (2)      9.61

(1) Length along the core; according to the society, the true
width of the drill hole represents between 70 per cent and 95 per
cent along the core.
(2) The company does not have enough information to estimate the
true width of the mineralized zone intersected in the drill holes.
(3) No sample 40.8 per cent to 41.15 per cent.

Qualified persons

Jean-Sebastien Lavallee (OGQ No. 773), geologist, is a shareholder of both companies, president and chief executive officer of Canada Strategic and a qualified person under NI 43-101, has reviewed and approved the technical content of this release.

We seek Safe Harbor.