Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82), a multinational company with projects in Namibia, Brazil and Canada, has completed 1,734.30 meters of the 5,000-meter drilling campaign being conducted on its Capim Grosso graphite project. According to the announcement, that campaign has included 15 completed diamond drillholes, with two additional holes in progress. In February, a second drilling rig arrived onsite, so the drilling has been expedited. The company reported results on 75 assays, which includes three internal certified reference materials. The company noted that after the drilling is complete and all drillholes are assayed, it anticipates processing the full data and generating a Maiden Mineral Resource Estimate in accordance with the requirements of National Instrument 43-101. That information will be added to metallurgical testing data and other relevant information the company has already gathered, and Gratomic plans to generate a feasibility study and fast track the project development. The Capim Grosso graphite project is located in the Bahia State of Brazil, and Gratomic has a 100% controlling interest in the property.
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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. The company ranked third in the top-10 performing mining stocks on the 2022 TSX Venture 50(TM). 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 atomic layer deposition (“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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