- Graphano Energy (GEL) reported that all assay results from the 2022 winter drilling program at the Standard Mine Project have been received
- The program intersected very significant graphite mineralization over more than a 500-metre length. The mineralized zones range in thickness from 3 to 20.5 metres, with an average thickness of 9.3 metres
- The initial exploration drilling program at the Standard Mine Project resulted in the highest graphite mineralized intersections that the company has reported to date
- CEO Luisa Moreno sat down with Sabrina Cuthbert to discuss the results
- Graphano Energy (GEL) was up 4.00 per cent at $0.265 per share as of 10:00 am ET
Graphano Energy (GEL) reported that all assay results from the 2022 winter drilling program at the Standard Mine Project have been received.
Highlights:
- Drill Hole ST23-10 intersected 5.11per cent graphitic carbon (Cg) over 20.5 metres starting at 39.0 metres drilled depth, including 6.7per cent Cg over 9.0 metres at 41 metres
- Drill Hole ST23-11 intersected 7.44per cent Cg over 13.0 metres at 31 metres
- Drill Hole ST23-13 intersected 8.99per cent Cg over 11.3 metres at 4.2 metres, and 7.65per cent Cg over 13 metres at 56 metres
- Drill Hole ST23-05 intersected 5.79per cent Cg over 14.0 metres at 4.6 metres
- Drill Hole ST23-07 intersected 5.5 per cent Cg over 8.5 metres at 17 metres
CEO Luisa Moreno sat down with Sabrina Cuthbert to discuss the results.
“The results are highly encouraging as Graphano looks to establish mineral resources in this region of historical graphite production and great infrastructure. Our focus is to bring to market the much-needed low carbon footprint graphite for the North American electric vehicle supply chain in the shortest possible timeline.”
Graphano owns a 100 per cent interest in four graphite properties, including the Standard Mine Project and all within trucking distance from the Lac-Aux-Bouleaux mine region in Québec.
Graphano Energy Ltd. (GEL) is an exploration and development company focused on evaluating, acquiring, and developing energy metals resources from exploration to production.
Graphano Energy (GEL) opened trading at $0.265 per share.
