Lomiko Resources Inc.

Lomiko Resources Inc.

June 30, 2008 23:46 ET

Lomiko Starts Vines Lake Airborne Survey

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 30, 2008) - Lomiko Resources Inc. ("Lomiko" or the "Company") (TSX VENTURE:LMR) announced today that Canadian Mining Geophysics ("CMG") has mobilized to the Cassiar area in order to complete an airborne survey of the Vines Lake Property located near Cassiar, B.C.

The aerial survey will be conducted with a Magnetic gradiometer with VLF-EM on 100 metre line spacing, fly 302 line km and will be used to identify gold exploration targets.

The Company owns 100% interest in the Vines Lake Property consisting of three contiguous claim units totaling 1,196.4 hectares. The property is surrounded by land staked and/or purchased by Hawthorne Gold on three sides - North, East and South.

The property is located approximately 10 kilometres southeast of the town of Cassiar, British Columbia, Canada. The claims cover rocks of the Sylvester group which are known to contain productive zones of gold mineralization in the area. The claim group is located approximately 2 kilometers north-east of the former Erickson Gold Mine. Highway 37 intersects the property and there are service facilities nearby. The area is on the Arctic slope with elevations ranging from 1,000 to 2,150 meters. There are no extraordinary environmental problems known as of this date.

"Lomiko is executing on its plans and commitments related to the two properties located in northern B.C.," stated Ken Morgan, CEO. "We will continue to work diligently to increase shareholder value."

In addition, Lomiko has entered into an agreement whereby Paleosands Petroleum Inc. will stake coal leases in trust for Lomiko.


KEN MORGAN, President & Chief Executive Officer

We seek safe harbor. This press release has been prepared by management.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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