Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82), a multinational company with projects in Namibia, Brazil and Canada, has released a progress report on its 16-trench program at its Capim Grosso project in Brazil. The program, which began on Aug. 15, 2022, and is expected to take six working days, is designed to unveil the extension of a second graphite deposit located southeast of the main deposit on the project. According to the announcement, the company has five confirmed trench hits in the second graphite body so far; the report noted that the mineralized zone has an extension beyond 500 meters, with graphite gneiss with orientation well defined. The announcement noted that findings at the first trench so far “appear promising”; the company noted that, depending on how the program continues, its local geology team may move the excavator to the Jacobina project, some 30 km from the Capim Grosso project, to conduct exploratory trenches. The update noted that the trenching program could help in defining new targets for exploration. “Brazil is a powerhouse in the graphite mineral sector,” said Gratomic president and CEO Arno Brand in the press release. “We are extremely pleased to have secured graphite projects there and look forward to seeing results on this most recent program.”
To view the full press release, visit https://ibn.fm/jJdAK
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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