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Gratomic (TSXV:GRAT) finds visible graphite at Capim Grosso Project

Mining
TSXV:GRAT
23 February 2022 13:01 (EDT)

Source: Gratomic.

Gratomic Inc. (GRAT) has shared more findings from its 5,000-metre drill program on the Capim Grosso graphite project in Brazil.

The program is further delineating graphite mineralization on a recently completed two-fold trenching and sampling program.

Armando Farhate COO and Head of Graphite Sales stated,

“The work is unfolding at a very good pace and being carried on with full safety and environmental preservation.”

686.65 metres have been drilled on the project so far. The introduction of a second drilling rig has expedited the drilling program. Drill core-cutting equipment is currently at the site, which will enable the team to begin splitting the drill core to produce samples for laboratory assays.

The six drill holes completed on the Capim Grosso graphite project in Brazil are showing visual graphite of wider than 0.5-metre intercepts.

The intercepted graphite varies in width from 0.1 metres to 3.88 metres. The drill program aims to publish a maiden resource estimate for the project.

Arno Brandm, President and CEO, stated,

“These latest developments continue to drive Gratomic towards its goals of bringing value to its shareholders and stakeholders, in a clean and sustainable growth path.”

Gratomic is a multinational company focused on becoming a graphite supplier to secure a strong position in the EV battery supply chain.

Gratomic Inc. (GRAT) is down 3.25 per cent trading at $1.19 per share as of 12:47 p.m. EST.

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