Graphano Energy - CEO, Luisa Moreno.
CEO, Luisa Moreno.
Source: Graphano Energy.
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  • Graphano (GEL) has yielded up to 14.5 per cent graphite over 0.8 m at its LAB Project in Quebec
  • Additional highlights include 7.2 per cent graphite over 2.3 m and 6.61 per cent graphite over 4 m, both from the Eastern Zone 4 Target
  • In the coming days, the company will release exploration results from Zone 1 and comment on exploration plans for the other six target areas on the property
  • Graphano Energy evaluates, acquires and develops energy metals resources from exploration to production
  • Graphano (GEL) is unchanged trading at $0.37 per share

Graphano (GEL) has yielded up to 14.5 per cent graphite over 0.8 m at its LAB Project.

The results are from phase 1 drilling at Zone 4 on the 100-per-cent owned Quebec property.

The majority of drill holes completed on the Eastern Zone 4 Target intersected a near-surface, flat-lying mineralized horizon between 2-7 m thick, 75 m wide and 200 m long, which remains open to the east and north.

The company will carry out further mapping on the Western Zone 4 Target to ascertain the geophysical conductive trend and high-grade surface showings discovered during prospecting.

In the coming days, it will release exploration results from Zone 1 and provide details about exploring the other six target areas on the property.

“We are pleased to find graphite mineralization of significant grade and extent in Zone 4, which seems to be near-surface and extending north and towards the east,” stated Luisa Moreno, Graphano’s CEO. “We are optimistic that we will continue to observe increasingly thicker mineralization zones near the surface.”

Drill hole results

Drill hole IDDepth from
(m)
Depth to
(m)
Graphitic carbon
(%)
Comments
LB22-0111121.663 m with average grade of 2.46% Cg at 11 m including 1 m with 4.97% Cg at 13 m
LB22-0112130.75
LB22-0113144.97
LB22-0198990.86
LB22-01991002.262 m with average grade of 2.01% Cg at 99 m
LB22-011001011.77
LB22-011011020.71
LB22-0220210.63
LB22-0221221.31
LB22-0222230.84
LB22-0239401.11
LB22-0240410.29
LB22-0241420.23
LB22-0242433.911 m with 3.91% Cg at 42 m
LB22-0243440.44
LB22-0250510.22
LB22-0251521.26
LB22-0252530.55
LB22-0268690.05
LB22-0269701.09
LB22-0270710.64
LB22-0271721.99
LB22-0272730.99
LB22-0311120.2No significant graphite mineralization
LB22-0312131.01
LB22-0322230.2
LB22-0394950.33
LB22-0395961.71
LB22-0397980.98
LB22-04Abandoned
LB22-0554550.39No significant graphite mineralization
LB22-0555561.24
LB22-0556570.91
LB22-0562630.49
LB22-0563641.01
LB22-0564650.28
LB22-0590910.55
LB22-0591921.01
LB22-0592931.79
LB22-0593940.61
LB22-051031040.41
LB22-051041051.07
LB22-051051060.14
LB22-05123.3124.30.61
LB22-06561.09No significant graphite mineralization
LB22-06670.27
LB22-0677.91.76
LB22-0611.612.50.85
LB22-0662630.77
LB22-066464.51.88
LB22-07Not completed
LB22-0818190.37No significant graphite mineralization
LB22-0819201.21
LB22-0820211.01
LB22-0824250.69
LB22-0868691
LB22-0869701.87
LB22-09340.08
LB22-09453.87
LB22-09560.91
LB22-09670.26
LB22-09789.474 m with average grade of 6.61% Cg at 7 m
LB22-09899.61
LB22-099105.32
LB22-0910112.04
LB22-0936370.47
LB22-0937381.02
LB22-0939400.1
LB22-109100.84
LB22-1010111.293 m with average grade of 4.13% Cg at 10 m including 1 m with 8.85% Cg at 11 m
LB22-1011128.85
LB22-1012132.27
LB22-1013140.29
LB22-1018191.02
LB22-1034350.57
LB22-11341.31No significant graphite mineralization
LB22-1110110.32
LB22-12Not completed
LB22-139100.96
LB22-1310111.87
LB22-1311121.74
LB22-1313140.92
LB22-13duplicata 6591.07
LB22-1314151.1
LB22-1315161.15
LB22-1316171.34
LB22-1317181.73
LB22-1318190.89
LB22-1319201.11
LB22-1320211.13
LB22-1321220.79
LB22-132728.20.15
LB22-1328.2295.392.3 m with average grade of 7.2% Cg at 28.2 m
LB22-1329308.58
LB22-133030.57.5
LB22-133233.20.4
LB22-1336.7537.72.01
LB22-1340.441.20.99
LB22-140.851.551.97
LB22-1419201.18
LB22-1425.29260.7
LB22-142626.921.872 m with average grade of 4.69% Cg at 26 m
LB22-1426.92287.5
LB22-1444.445.51.12
LB22-151313.90.73
LB22-1513.914.78.780.8 m with average grade of 8.78% Cg at 13.9 m
LB22-1514.715.2< 0.05
LB22-1520.3210.95
LB22-152121.71.12
LB22-1523241.42
LB22-1524251.82
LB22-1525260.42
LB22-153737.651.26
LB22-1537.6538.4514.52.6 m with average grade of 8.83% Cg at 37.65 m including 0.8 m with 14.5% Cg at 37.65 m and 13.2% Cg over 0.55 m at 39 m
LB22-1538.45390.82
LB22-153939.5513.2
LB22-1539.5540.255.22
LB22-1540.2540.71.17
LB22-1540.741.50.35

Graphano Energy evaluates, acquires and develops energy metals resources from exploration to production.

Graphano (GEL) is unchanged trading at $0.37 per share as of 10:33 am EST.

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