InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Announces Results on 3rd Trenching Program at Capim Grosso
Sep 6, 2022
Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company focused on becoming a leading global graphite supplier, today provided results on its third trenching program, which commenced on Aug. 15 at its Capim Grosso project in Brazil. According to the update, the program aimed to unveil the extension of a second graphite deposit located southeast of the main deposit on the company’s Capim Grosso Project. To date, 14 additional trenches have been completed, which are located approximately 400 m SE and sub-parallel to the main deposit. Discontinuous graphite intersections are revealed over a 1,750-metre length, with graphite observed in six of the 14 trenches. This brings the total to 10 trenches hosting graphite along the new trend (four were confirmed in the previous trenching program). “The results obtained with this trenching program are perfectly in line with our previous expectations, and we expect a lot more to be unveiled at Capim Grosso,” said Armando Farhate, the company’s COO and head of graphite marketing and sales.
To view the full press release, visit https://ibn.fm/8VUfF
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 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. The company ranked third place in the top 10 preforming 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. The company has formed a collaboration agreement with Forge Nano. With its patented 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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