Announcement Date: 2022-05-09
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Gratomic Inc.
Project name: Capim Grosso
Location: Brazil
Commodities: Graphite
Highlight: Drilling results incl. 6.89m @ 12.02% from 85.16m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, ON. May 9, 2022, Gratomic Inc. (“Gratomic”, “GRAT,” or the “Company”) (TSXV:GRAT) (OTCQX:CBULF) (FSE:CB82) announces that 2,047.5 m of the 5,000-meter drilling campaign on its Capim Grosso graphite project has been completed. 17 diamond drillholes were completed to date, with two additional holes in progress. The project is located in the Bahia State of Brazil, with the Company holding a 100% controlling interest in the property. Table 1: Drillholes completed to date on the Capim Grosso Project in Brazil (WGS84 UTM 24S) Table 2: Table 2 highlights intervals from drill holes 9, 10 and 11 on the Capim Grosso Project in Brazil (1 % TGC cut-off grade and 3 % minimum TGC grade used). More detailed information of the assay results from the 3 Gratomic Inc. 22 Adelaide Street West, Suite 3600 Bay Adelaide Centre-East Tower Toronto, ON, CA M5H 4E3 TSXV: GRAT | OTCQX : CBULF | FS F E : CB82 TM holes is set out in Table 3 below. Internal QA/QC was performed by Gratomic inserting a Certified Reference Material (CRM) every 20 samples, (OREAS 725) which assayed within 97 % of the expected graphitic carbon value of the CRM. The QP therefore accepts the values of the laboratory assays. The intervals are regarded as true width (or as close as possible to) due to the dip of drillholes being perpendicular on measured dip of geology.
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