Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82), a multinational company with projects in Namibia, Brazil and Canada, is reporting additional preliminary findings from its 5,000-meter diamond drill program on the Capim Grosso graphite project; the project is located in the Bahia State of Brazil. The company undertook the drilling program to further delineate graphite mineralization on a two-fold trenching and sampling program that was recently completed. According to the announcement, a total of 686.65 meters have been drilled thus far, and a second drilling rig has been moved onsite to support the drilling and will accelerate the program. In addition, drill core-cutting equipment is onsite so that drill cores can be split to produce samples for laboratory assays, which will be analyzed by Brazil-based SGS Geosol. Results thus far show six diamond drill holes have been completed, showing visual graphite of wider than 0.5 m intercepts. The six completed drill holes intercepted graphite varying in width from 0.1m to 3.88 meters. Assay results from the first six drill holes will be announced when received and analyzed. “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,” said Gratomic president and CEO Arno Brand in the press release.
To view the full press release, visit https://ibn.fm/WxKI8
About Gratomic Inc.
Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company’s Capim Grosso property, Gratomic sets itself apart by seeking out unique top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available. In addition, the company has formed a collaboration agreement with Forge Nano. Featuring a patented ALD coating, this cooperation with Forge Nano is a key element to support Gratomic’s strategies toward the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries. For more information about the company, visit www.Gratomic.ca.
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