Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) today announced that it has commenced a trenching program on the Jacobina Graphite Project. According to the update, the company signed a definitive agreement to acquire the Jacobina Project and the Igrapiuna Project as announced in its press release dated April 12, 2022. As part of its due diligence review, work on the first trench has commenced and final results will be reviewed prior to conducting additional trenching. The initial trench proved that the property is highly prospective for graphite mineralization. The project is located in the Bahia state of Brazil, with the company having the right to acquire a 100% controlling interest in the property subject to a due diligence review, regulatory approval and satisfaction of standard conditions.
To view the full press release, visit https://ibn.fm/DZflb
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 (“EV”) 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. The company has formed a collaboration agreement with Forge Nano. With its patented Atomic Layer Deposition (“ALD”) coating, this cooperation with Forge Nano is a key element to support Gratomic’s strategies towards 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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