- Gratomic (GRAT) has completed initial sampling and two trenching programs at its Capim Grosso graphite project
- Recent sampling results ranged from 3.87 to 41.79 per cent Cg
- The two trenching programs included the excavation of 42 trenches across the property
- Gratomic is an advanced materials company focused on low-cost mine to market commercialization of carbon-neutral, eco-friendly, high purity vein graphite
- Shares in Gratomic Inc. (GRAT) are down 0.78 per cent, trading at $1.28 per share
Gratomic (GRAT) has completed initial sampling and two trenching programs at its Capim Grosso graphite project.
The company recently acquired a 100 per cent interest in Capim Grosso, which is located in the Bahia State of Brazil.
“Gratomic has always been a forward-thinking company, intent on establishing itself as a multinational graphite company,” said Gratomic CEO Arno Brand. “The addition of the Capim Grosso graphite project solidifies this goal and secures the company’s ability to one day be a significant contributor in bridging the ever-increasing gap between graphite supply and demand.”
Recent sampling results ranged from 3.87 to 41.79 per cent Cg, confirming the highly prospective nature of Capim Grosso for large scale, high-grade graphite mineralization.
Upon receiving grab sample results, the company commenced two trenching programs in August and October 2021. These two trenching programs included the excavation of 42 trenches on site, varying in length from approximately 30 to 145 meters and from 1 to 6 meters in depth.
31 of the 42 trenches intersected graphite mineralization and an extent of 4 kilometres of mineralized strike length has been confirmed.
Armando Farhate, Gratomic COO and head of graphite marketing and sales, commented on the results.
“The Geological work performed at Capim Grosso thus far is starting to reveal the huge potential of this deposit and is in line with the expectations that we have had since the beginning,” said Mr. Farhate. “Brazil has always been a graphite powerhouse and this project will further increase the country’s importance in this market.”
Gratomic is an advanced materials company focused on low-cost mine to market commercialization of carbon-neutral, eco-friendly, high purity vein graphite.
Shares in Gratomic Inc. (GRAT) are down 0.78 per cent, trading at $1.28 per share as of 11:19 am EST.
