Gratomic Provides Drilling Update on Capim Grosso Graphite Project

Rhea-AI Summary

Gratomic announced the completion of an additional 1,621.30 meters of drilling on its Capim Grosso graphite project, bringing the total to 4,784.10 meters out of a planned 5,000-meter campaign. This includes 34 diamond drillholes completed thus far. The project is located in Bahia, Brazil, where Gratomic holds a 100% interest. Recent assay results have shown intervals of significant graphite content, with several samples exceeding 4% total graphitic carbon (TGC). Internal quality control measures confirmed that assay results align with expected values. The company aims to generate a Maiden Mineral Resource Estimate in accordance with NI 43-101 and intends to combine this data with metallurgical testing for future feasibility studies.

Positive

• Completion of 4,784.10 meters of drilling out of a planned 5,000 meters.
• Assay results from recent drillholes show significant graphite content, some exceeding 4% TGC.
• Company plans to produce a Maiden Mineral Resource Estimate in compliance with NI 43-101.

Negative

• None.

TORONTO, ON / ACCESSWIRE / April 12, 2023 / Gratomic Inc. ("Gratomic", "GRAT," or the "Company") (TSXV:GRAT)(OTCQX:CBULF)(FSE:CB82) announces that an additional 1621.30 m of drilling (for a total of 4784.10 m to date of the 5,000-meter drilling campaign) on its Capim Grosso graphite project has been completed. 34 diamond drillholes (DD) have been completed to date. Included in this press release are assay details on holes CGD017 to CGD034. 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)

NAME	X	Y	Z	AZIMUTH	DIP	EOH
CGD001	391942	8749876	381	45	-58	100.10
CGD002	391867	8749905	382	50	-60	141.20
CGD003	391926	8749863	381	50	-60	120.55
CGD004	391842	8749975	381	50	-60	93.15
CGD005	391775	8750076	378	50	-60	111.00
CGD006	391722	8750171	378	50	-60	120.65
CGD007	391626	8750343	375	50	-60	120.20
CGD008	391755	8750196	376	50	-60	100.05
CGD009	391603	8750328	376	50	-60	120.00
CGD010	391597	8750372	375	50	-60	141.00
CGD011	391574	8750352	376	50	-60	140.05
CGD012	391533	8750454	373	50	-60	134.65
CGD013	391431	8750595	373	50	-60	140.70
CGD014	391392	8750562	376	50	-60	206.90
CGD015	391336	8750756	371	50	-60	151.00
CGD016	391317	8750785	371	50	-60	151.15
CGD017	391294	8750765	372	50	-60	162.05
CGD018	391233	8750891	369	50	-60	130.20
CGD019	391115	8751066	371	50	-60	190.15
CGD020	390523	8751978	384	50	-60	190.75
CGD021	390438	8752101	385	50	-60	195.10
CGD022	390336	8752238	385	50	-60	202.20
CGD023	390247	8752387	375	50	-60	168.65
CGD024	390118	8752596	379	50	-60	150.00
CGD025	390452	8752076	376	50	-60	166.45
CGD026	390092	8752565	380	50	-60	150.05
CGD027	391136	8751095	357	50	-60	133.20
CGD028	391194	8750999	356	50	-60	146.10
CGD029	391254	8750917	357	50	-60	150.60
CGD030	391375	8750673	360	50	-60	170.75
CGD031	391664	8750265	365	50	-60	140.50
CGD032	391996	8749800	370	50	-60	80.50
CGD033	392021	8749741	372	50	-60	71.50
CGD034	392118	8749608	376	50	-70	93.00

The fifth batch of its drillhole assays from the Capim Grosso Project has been received from SGS Geosol in Brazil which included the following:

• 385 assays, which includes 32 internal Certified Reference Materials (CRM), 18 blanks and 13 duplicates from holes CGD017 to CGD034

Table 2: Table 2 highlights intervals from holes CGD017 to CGD034 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 18 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.

DH_Hole	DH_From_m	DH_To_m	Hole_ID	Length_m	TGC_%	TGC_ BEST INTERVAL
CGD017	113.02	115.03	CGD017	2.01	4.34	2.01m @ 4.34 TGC_PERC_USE
CGD018	120.65	122.48	CGD018	1.83	4.98	1.83m @ 4.98 TGC_PERC_USE
CGD020	35.24	36.08	CGD020	0.84	3.43	0.84m @ 3.43 TGC_PERC_USE
CGD020	73.91	74.91	CGD020	1.00	4.13	1.00m @ 4.13 TGC_PERC_USE
CGD020	138.85	139.85	CGD020	1.00	3.26	1.00m @ 3.26 TGC_PERC_USE
CGD020	150.45	151.25	CGD020	0.80	3.80	0.80m @ 3.80 TGC_PERC_USE
CGD021	10.20	11.10	CGD021	0.90	5.82	0.90m @ 5.82 TGC_PERC_USE
CGD021	43.25	44.20	CGD021	0.95	3.03	0.95m @ 3.03 TGC_PERC_USE
CGD021	64.55	66.60	CGD021	2.05	5.23	2.05m @ 5.23 TGC_PERC_USE
CGD021	112.25	113.07	CGD021	0.82	7.24	0.82m @ 7.24 TGC_PERC_USE
CGD022	77.55	79.21	CGD022	1.66	7.15	1.66m @ 7.15 TGC_PERC_USE
CGD022	79.75	80.75	CGD022	1.00	5.57	1.00m @ 5.57 TGC_PERC_USE
CGD022	81.75	83.70	CGD022	1.95	8.21	1.95m @ 8.21 TGC_PERC_USE
CGD022	88.30	91.30	CGD022	3.00	3.89	3.00m @ 3.89 TGC_PERC_USE
CGD023	8.15	9.15	CGD023	1.00	3.09	1.00m @ 3.09 TGC_PERC_USE
CGD023	79.95	80.81	CGD023	0.86	4.74	0.86m @ 4.74 TGC_PERC_USE
CGD024	86.70	87.50	CGD024	0.80	3.31	0.80m @ 3.31 TGC_PERC_USE
CGD024	92.48	93.28	CGD024	0.80	3.76	0.80m @ 3.76 TGC_PERC_USE
CGD025	44.90	47.10	CGD025	2.20	3.35	2.20m @ 3.35 TGC_PERC_USE
CGD025	70.10	71.17	CGD025	1.07	4.95	1.07m @ 4.95 TGC_PERC_USE
CGD025	112.60	113.80	CGD025	1.20	4.10	1.20m @ 4.10 TGC_PERC_USE
CGD025	115.24	118.24	CGD025	3.00	3.47	3.00m @ 3.47 TGC_PERC_USE
CGD026	29.00	31.00	CGD026	2.00	3.99	2.00m @ 3.98 TGC_PERC_USE
CGD026	57.46	59.06	CGD026	1.60	8.44	1.60m @ 8.44 TGC_PERC_USE
CGD026	59.96	60.94	CGD026	0.98	14.51	0.98m @ 14.51 TGC_PERC_USE
CGD026	69.75	71.35	CGD026	1.60	6.25	1.60m @ 6.25 TGC_PERC_USE
CGD027	63.90	64.70	CGD027	0.80	3.69	0.80m @ 3.69 TGC_PERC_USE
CGD028	60.30	62.02	CGD028	1.72	5.78	1.72m @ 5.78 TGC_PERC_USE
CGD028	81.30	82.90	CGD028	1.60	6.45	1.60m @ 6.45 TGC_PERC_USE
CGD028	113.05	114.75	CGD028	1.70	5.30	1.70m @ 5.30 TGC_PERC_USE
CGD029	43.00	59.25	CGD029	16.25	8.90	16.25m @ 8.90 TGC_PERC_USE
CGD029	60.18	62.00	CGD029	1.82	5.00	1.82m @ 5.00 TGC_PERC_USE
CGD029	91.53	93.55	CGD029	2.02	6.04	2.02m @ 6.04 TGC_PERC_USE
CGD030	80.09	86.18	CGD030	6.09	7.44	6.09m @ 7.44 TGC_PERC_USE
CGD030	124.80	128.00	CGD030	3.20	5.84	3.20m @ 5.84 TGC_PERC_USE
CGD031	35.05	41.76	CGD031	6.71	9.42	6.71m @ 9.42 TGC_PERC_USE
CGD031	68.10	75.30	CGD031	7.20	5.82	7.20m @ 5.82 TGC_PERC_USE
CGD031	76.30	82.79	CGD031	6.49	6.18	6.49m @ 6.18 TGC_PERC_USE
CGD031	95.25	98.52	CGD031	3.27	6.82	3.27m @ 6.82 TGC_PERC_USE
CGD032	28.30	36.90	CGD032	8.60	6.62	8.60m @ 6.62 TGC_PERC_USE
CGD032	38.80	40.95	CGD032	2.15	3.28	2.15m @ 3.28 TGC_PERC_USE
CGD033	49.30	50.96	CGD033	1.66	8.17	1.66m @ 8.17 TGC_PERC_USE
CGD033	51.35	53.05	CGD033	1.70	11.01	1.70m @ 11.01 TGC_PERC_USE
CGD033	64.45	65.60	CGD033	1.15	6.54	1.15m @ 6.54 TGC_PERC_USE
CGD034	39.95	41.55	CGD034	1.60	6.87	1.60m @ 6.87 TGC_PERC_USE
CGD034	73.50	74.70	CGD034	1.20	5.07	1.20m @ 5.07 TGC_PERC_USE

SGS Geosol's graphitic carbon assay methods and equipment include the LECO carbon-sulphur analyzer and high temperature combustion infrared detection. During this procedure, the carbon in the sample is converted to carbon dioxide CO2, which is then measured by infrared (IR) detectors.

Once the drilling is complete and all drillholes are assayed, the Company intends to process the obtained data in order to generate a Maiden Mineral Resource Estimate in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for the Capim Grosso asset, which will be combined with pilot metallurgical testing data and other relevant information in order to generate a Feasibility Study (FS) and fast track the project development.

Table 3: Graphitic carbon assays from a further 34 drillholes completed to date on the Capim Grosso Project in Brazil (all drillholes to date have intersected graphite). Drill core was halved, and samples taken according to visual grade estimation in one meter increments. Where visual grade was regarded as continuous, sampling was completed up to a maximum of 2 m increments. 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.

HOLE #	FROM_m	TO_m	INTERVAL_m	SAMPLE #	TGC_%
CGD017	102,05	103,05	1	U4531	0,18
CGD017	103,05	104,05	1	U4532	0,59
CGD017	104,05	105,05	1	U4533	0,17
CGD017	105,05	106,05	1	U4534	0,21
CGD017	106,05	107,15	1,1	U4535	1,98
CGD017	107,15	108,05	0,9	U4536	0,37
CGD017	113,02	114,02	1	U4537	4,04
CGD017	114,02	115,03	1,01	U4538	4,63
CGD017	145,72	146,72	1	U4539	1,55
CGD017	146,72	147,72	1	U4540	1,58
CGD017	147,72	148,14	0,42	U4541	<0,05
CGD018	66,32	67,16	0,84	U4542	0,53
CGD018	67,16	68,26	1,1	U4543	0,2
CGD018	68,26	69,26	1	U4544	0,22
CGD018	69,26	70,26	1	U4547	0,3
CGD018	70,26	71,1	0,84	U4548	<0,05
CGD018	71,1	71,9	0,8	U4549	N.A.
CGD018	81,65	82,6	0,95	U4550	0,1
CGD018	82,6	83,6	1	U4551	0,06
CGD018	83,6	84,76	1,16	U4552	0,15
CGD018	83,6	84,76	1,16	U4553	0,08
CGD018	120,65	121,65	1	U4554	3,62
CGD018	121,65	122,48	0,83	U4555	6,62
CGD019	98,3	99,26	0,96	U4556	2,14
CGD020	5,58	6,8	1,22	U4557	2,02
CGD020	6,8	7,78	0,98	U4558	1,11
CGD020	31,98	32,85	0,87	U4559	1,23
CGD020	31,98	32,85	0,87	U4560	1,55
CGD020	32,85	33,8	0,95	U4561	2,7
CGD020	34,4	35,24	0,84	U4562	1,19
CGD020	35,24	36,08	0,84	U4563	3,43
CGD020	61,45	62,29	0,84	U4564	2,13
CGD020	73,91	74,91	1	U4567	4,13
CGD020	94,25	95,25	1	U4568	0,56
CGD020	95,25	96,25	1	U4569	1,54
CGD020	96,25	97,25	1	U4570	0,96
CGD020	97,25	98,25	1	U4571	1,02
CGD020	98,25	99,25	1	U4572	1,28
CGD020	98,25	99,25	1	U4573	1,19
CGD020	99,25	100,25	1	U4574	0,85
CGD020	100,25	101,25	1	U4575	1,06
CGD020	101,25	102,25	1	U4576	0,54
CGD020	102,25	103,25	1	U4577	1,16
CGD020	103,25	104,25	1	U4578	0,16
CGD020	104,25	105,25	1	U4579	<0,05
CGD020	104,25	105,25	1	U4580	<0,05
CGD020	105,25	106,09	0,84	U4581	0,11
CGD020	106,09	106,89	0,8	U4582	0,08
CGD020	106,89	107,69	0,8	U4583	1,33
CGD020	138,85	139,85	1	U4584	3,26
CGD020	139,85	140,85	1	U4588	1,96
CGD020	142	142,95	0,95	U4589	0,19
CGD020	150,45	151,25	0,8	U4590	3,8
CGD021	8,3	9,26	0,96	U4591	2,11
CGD021	10,2	11,1	0,9	U4592	5,82
CGD021	11,1	12,12	1,02	U4593	0,9
CGD021	13,5	14,5	1	U4595	0,79
CGD021	40,25	41,25	1	U4596	1,94
CGD021	41,25	42,25	1	U4597	2,84
CGD021	42,25	43,25	1	U4598	2,1
CGD021	43,25	44,2	0,95	U4599	3,03
CGD021	44,2	45,2	1	U4600	0,17
CGD021	45,2	46	0,8	A0002	N.A.
CGD021	64,55	65,55	1	A0003	4,68
CGD021	65,55	66,6	1,05	A0004	5,75
CGD021	66,6	67,6	1	A0005	0,7
CGD021	67,6	68,6	1	A0008	1,89
CGD021	68,6	69,5	0,9	A0009	0,84
CGD021	69,5	70,35	0,85	A0010	0,19
CGD021	72,35	73,44	1,09	A0011	0,73
CGD021	73,44	74,3	0,86	A0012	2,05
CGD021	74,95	75,75	0,8	A0013	0,18
CGD021	79,17	80	0,83	A0015	2,21
CGD021	80	80,8	0,8	A0016	1,76
CGD021	80,8	81,6	0,8	A0017	1,18
CGD021	97,81	98,61	0,8	A0018	0,87
CGD021	107,13	108	0,87	A0019	0,61
CGD021	108	108,8	0,8	A0020	0,35
CGD021	108,8	109,6	0,8	A0022	0,14
CGD021	109,6	110,45	0,85	A0023	0,07
CGD021	111,45	112,25	0,8	A0024	0,08
CGD021	112,25	113,07	0,82	A0025	7,24
CGD021	113,2	114,33	1,13	A0028	0,82
CGD021	123,3	124,1	0,8	A0029	1,74
CGD021	136,55	137,35	0,8	A0030	0,31
CGD021	137,35	138,35	1	A0031	0,26
CGD021	138,35	139,35	1	A0032	0,93
CGD021	139,35	140,2	0,85	A0033	0,65
CGD021	140,2	141	0,8	A0035	0,11
CGD022	51,25	52,45	1,2	A0036	1,46
CGD022	52,45	53,56	1,11	A0037	0,44
CGD022	73,5	74,6	1,1	A0038	1
CGD022	77,55	78,35	0,8	A0039	9,43
CGD022	78,35	79,21	0,86	A0040	5,02
CGD022	79,75	80,75	1	A0042	5,57
CGD022	81,75	82,75	1	A0043	6
CGD022	82,75	83,7	0,95	A0044	10,53
CGD022	84,63	85,47	0,84	A0045	1,79
CGD022	88,3	89,3	1	A0048	5,7
CGD022	89,3	90,3	1	A0049	4,39
CGD022	90,3	91,3	1	A0050	1,58
CGD022	91,3	92,3	1	A0051	0,23
CGD022	92,3	93,13	0,83	A0052	0,55
CGD022	93,13	93,93	0,8	A0053	1,26
CGD022	160,16	161,32	1,16	A0055	1,69
CGD022	162,55	163,35	0,8	A0056	0,75
CGD022	164,54	165,37	0,83	A0057	1,34
CGD022	165,37	166,17	0,8	A0058	1,42
CGD022	166,17	166,97	0,8	A0059	0,44
CGD022	173,85	174,71	0,86	A0060	0,95
CGD023	8,15	9,15	1	A0062	3,09
CGD023	9,15	10,15	1	A0063	0,85
CGD023	10,15	10,97	0,82	A0064	1,25
CGD023	12,49	13,39	0,9	A0065	1,28
CGD023	13,39	14,39	1	A0068	1,12
CGD023	79,95	80,81	0,86	A0069	4,74
CGD023	88,74	89,54	0,8	A0070	1,62
CGD023	105,8	106,65	0,85	A0071	1,85
CGD023	108,28	109,48	1,2	A0072	1,53
CGD023	118,65	119,45	0,8	A0073	0,5
CGD023	131,75	132,9	1,15	A0075	1,95
CGD024	0,97	1,97	1	A0076	0,6
CGD024	1,97	3,1	1,13	A0077	1,24
CGD024	4,25	5,25	1	A0078	0,23
CGD024	5,25	6,25	1	A0079	0,72
CGD024	6,25	7,05	0,8	A0080	0,59
CGD024	8,2	9	0,8	A0082	0,09
CGD024	14	14,8	0,8	A0083	0,61
CGD024	14,8	15,75	0,95	A0084	0,28
CGD024	14,8	15,75	0,95	A0085	0,37
CGD024	20,15	21,15	1	A0088	0,24
CGD024	21,15	22,3	1,15	A0089	0,15
CGD024	24,7	25,7	1	A0090	0,29
CGD024	25,7	26,55	0,85	A0091	0,99
CGD024	27,15	27,95	0,8	A0092	0,48
CGD024	86,7	87,5	0,8	A0093	3,31
CGD024	91,68	92,48	0,8	A0095	0,2
CGD024	92,48	93,28	0,8	A0096	3,76
CGD024	123,7	124,5	0,8	A0097	1,28
CGD025	40,53	41,35	0,82	A0098	1,02
CGD025	42,29	43,29	1	A0099	0,61
CGD025	44,9	45,95	1,05	A0100	4,3
CGD025	45,95	47,1	1,15	A0103	2,48
CGD025	70,1	71,17	1,07	A0104	4,95
CGD025	110,1	110,9	0,8	A0105	0,35
CGD025	112,6	113,8	1,2	A0108	4,1
CGD025	113,8	114,85	1,05	A0109	0,58
CGD025	115,24	116,24	1	A0110	1,38
CGD025	116,24	117,24	1	A0111	6,28
CGD025	117,24	118,24	1	A0112	2,76
CGD025	118,24	119,04	0,8	A0113	0,55
CGD025	119,04	119,94	0,9	A0115	1,48
CGD025	143,35	144,15	0,8	A0116	1,64
CGD025	147,3	148,1	0,8	A0117	2
CGD026	29	30	1	A0118	5,72
CGD026	30	31	1	A0119	2,25
CGD026	39,9	40,7	0,8	A0120	0,93
CGD026	40,7	41,65	0,95	A0121	0,97
CGD026	41,65	42,55	0,9	A0122	2,44
CGD026	46,4	47,6	1,2	A0123	N.A.
CGD026	49,93	50,87	0,94	A0124	0,91
CGD026	51,65	52,55	0,9	A0125	0,46
CGD026	52,55	53,35	0,8	A0126	1,66
CGD026	53,35	54,55	1,2	A0127	N.A.
CGD026	54,55	55,67	1,12	A0128	0,3
CGD026	57,46	58,26	0,8	A0129	9,52
CGD026	58,26	59,06	0,8	A0130	7,36
CGD026	59,06	59,96	0,9	A0131	N.A.
CGD026	59,96	60,94	0,98	A0132	14,51
CGD026	60,94	61,83	0,89	A0133	<0,05
CGD026	67,68	68,5	0,82	A0134	1,61
CGD026	69,75	70,55	0,8	A0135	1,89
CGD026	70,55	71,35	0,8	A0136	10,61
CGD026	74,4	75,6	1,2	A0137	0,63
CGD026	75,6	76,64	1,04	A0138	0,47
CGD027	59,9	60,9	1	A0149	0,28
CGD027	60,9	61,9	1	A0150	0,1
CGD027	61,9	62,9	1	A0151	1,54
CGD027	62,9	63,9	1	A0152	1,86
CGD027	63,9	64,7	0,8	A0153	3,69
CGD027	71,2	72,2	1	A0154	0,22
CGD027	72,2	73,2	1	A0155	1,03
CGD027	73,2	74,2	1	A0156	<0,05
CGD027	74,2	75	0,8	A0157	1,72
CGD027	75	75,93	0,93	A0158	2,35
CGD027	86,7	87,84	1,14	A0159	1,89
CGD027	87,84	88,98	1,14	A0160	2,97
CGD027	111	111,8	0,8	A0161	N.A.
CGD027	111,8	112,6	0,8	A0162	N.A.
CGD027	112,6	113,45	0,85	A0163	N.A.
CGD028	59,1	60,3	1,2	A0164	0,53
CGD028	60,3	61,13	0,83	A0165	1,33
CGD028	61,13	62,02	0,89	A0166	9,93
CGD028	63,5	64,3	0,8	A0169	0,18
CGD028	80,3	81,3	1	A0170	N.A.
CGD028	81,3	82,1	0,8	A0171	4,7
CGD028	82,1	82,9	0,8	A0172	8,19
CGD028	104,8	105,8	1	A0173	0,33
CGD028	105,8	106,8	1	A0174	0,59
CGD028	106,8	107,8	1	A0175	0,07
CGD028	107,8	109	1,2	A0176	0,26
CGD028	109	110	1	A0177	N.A.
CGD028	110	111	1	A0178	N.A.
CGD028	111	112,05	1,05	A0179	N.A.
CGD028	112,05	113,05	1	A0180	N.A.
CGD028	113,05	113,9	0,85	A0181	4,62
CGD028	113,9	114,75	0,85	A0182	5,98
CGD029	34,46	35,46	1	A0183	<0,05
CGD029	35,46	36,55	1,09	A0184	<0,05
CGD029	36,55	37,55	1	A0185	0,14
CGD029	37,55	38,55	1	A0186	0,31
CGD029	41	42	1	A0189	N.A.
CGD029	42	43	1	A0190	N.A.
CGD029	43	44,2	1,2	A0191	6,2
CGD029	44,2	45,2	1	A0192	7,79
CGD029	45,2	46,2	1	A0193	5,8
CGD029	46,2	47,2	1	A0194	6,15
CGD029	47,2	48,2	1	A0195	5,65
CGD029	48,2	49,2	1	A0196	7,58
CGD029	49,2	50,25	1,05	A0197	7,23
CGD029	50,25	51,25	1	A0198	7,86
CGD029	51,25	52,25	1	A0199	6,7
CGD029	52,25	53,25	1	A0200	6,9
CGD029	53,25	54,25	1	A0201	7,74
CGD029	54,25	55,25	1	A0202	14,12
CGD029	55,25	56,25	1	A0203	11,31
CGD029	56,25	57,25	1	A0204	13,77
CGD029	57,25	58,25	1	A0205	23,74
CGD029	58,25	59,25	1	A0206	4,46
CGD029	59,25	60,18	0,93	A0209	0,08
CGD029	60,18	61,09	0,91	A0210	2,51
CGD029	61,09	62	0,91	A0211	7,5
CGD029	68,75	69,65	0,9	A0212	N.A.
CGD029	69,65	70,55	0,9	A0213	N.A.
CGD029	70,55	71,43	0,88	A0214	N.A.
CGD029	71,43	72,45	1,02	A0215	0,61
CGD029	73,5	74,6	1,1	A0216	0,69
CGD029	88,13	89,13	1	A0217	N.A.
CGD029	89,13	89,93	0,8	A0218	1,82
CGD029	89,93	90,73	0,8	A0219	N.A.
CGD029	90,73	91,53	0,8	A0220	N.A.
CGD029	91,53	92,47	0,94	A0221	4,44
CGD029	92,47	93,55	1,08	A0222	7,44
CGD030	69,05	70	0,95	A0223	0,18
CGD030	70	70,85	0,85	A0224	0,37
CGD030	70,85	71,7	0,85	A0225	0,4
CGD030	77,22	78,02	0,8	A0226	0,6
CGD030	78,02	78,82	0,8	A0229	0,59
CGD030	78,82	79,68	0,86	A0230	0,07
CGD030	80,09	81,09	1	A0231	3,79
CGD030	81,09	82,05	0,96	A0232	12,3
CGD030	82,05	83,05	1	A0233	7,73
CGD030	83,05	84	0,95	A0234	6,64
CGD030	84	85	1	A0235	6,9
CGD030	85	86,18	1,18	A0236	7,41
CGD030	124,8	126	1,2	A0237	3,89
CGD030	126	126,8	0,8	A0238	1,46
CGD030	126,8	128	1,2	A0239	10,72
CGD031	31,7	32,7	1	A0240	N.A.
CGD031	32,7	33,9	1,2	A0241	N.A.
CGD031	33,9	35,05	1,15	A0242	N.A.
CGD031	35,05	35,95	0,9	A0243	2,59
CGD031	35,95	36,86	0,91	A0244	5,82
CGD031	36,86	37,86	1	A0245	8,45
CGD031	37,86	38,86	1	A0246	3,93
CGD031	38,86	39,81	0,95	A0249	3,94
CGD031	39,81	40,81	1	A0250	18,78
CGD031	40,81	41,76	0,95	A0251	21,74
CGD031	41,76	42,56	0,8	A0252	0,74
CGD031	42,56	43,36	0,8	A0253	0,29
CGD031	43,36	44,36	1	A0254	N.A.
CGD031	44,36	45,2	0,84	A0255	N.A.
CGD031	45,2	46	0,8	A0256	N.A.
CGD031	67	68,1	1,1	A0257	N.A.
CGD031	68,1	69,3	1,2	A0258	2,09
CGD031	69,3	70,3	1	A0259	8,51
CGD031	70,3	71,3	1	A0260	9,51
CGD031	71,3	72,3	1	A0261	5,59
CGD031	72,3	73,3	1	A0262	3,51
CGD031	73,3	74,3	1	A0263	7,48
CGD031	74,3	75,3	1	A0264	4,83
CGD031	75,3	76,3	1	A0265	0,52
CGD031	76,3	77,3	1	A0266	7,34
CGD031	77,3	78,3	1	A0269	7,64
CGD031	78,3	79,5	1,2	A0270	4,92
CGD031	79,5	80,7	1,2	A0271	5,93
CGD031	80,7	81,79	1,09	A0272	4,23
CGD031	81,79	82,79	1	A0273	7,51
CGD031	82,79	83,8	1,01	A0274	0,94
CGD031	83,8	85	1,2	A0275	1,51
CGD031	85	85,82	0,82	A0276	2,12
CGD031	95,25	96,43	1,18	A0277	4,56
CGD031	96,43	97,61	1,18	A0278	10,33
CGD031	97,61	98,52	0,91	A0279	5,2
CGD032	22,1	23,1	1	A0280	0,23
CGD032	23,1	24,1	1	A0281	0,2
CGD032	24,1	25,1	1	A0282	0,21
CGD032	25,1	26,1	1	A0283	0,89
CGD032	26,1	27,1	1	A0284	0,63
CGD032	27,1	28,3	1,2	A0285	0,16
CGD032	28,3	29,1	0,8	A0286	12,58
CGD032	29,1	30,1	1	A0289	14,95
CGD032	30,1	31,3	1,2	A0290	3,13
CGD032	31,3	32,4	1,1	A0291	10,24
CGD032	32,4	33,2	0,8	A0292	2,84
CGD032	33,2	34	0,8	A0293	4,49
CGD032	34	34,8	0,8	A0294	2,43
CGD032	34,8	35,7	0,9	A0295	7,39
CGD032	35,7	36,9	1,2	A0296	2,04
CGD032	36,9	37,9	1	A0297	N.A.
CGD032	37,9	38,8	0,9	A0298	N.A.
CGD032	38,8	39,9	1,1	A0299	3,95
CGD032	39,9	40,95	1,05	A0300	2,58
CGD033	37,13	38,13	1	A0301	N.A.
CGD033	38,13	39,08	0,95	A0302	N.A.
CGD033	45,47	46,47	1	A0303	N.A.
CGD033	46,47	47,43	0,96	A0304	0,9
CGD033	47,43	48,25	0,82	A0305	1,37
CGD033	48,25	49,3	1,05	A0306	0,93
CGD033	49,3	50,16	0,86	A0309	7,33
CGD033	50,16	50,96	0,8	A0310	9,08
CGD033	51,35	52,15	0,8	A0311	16,56
CGD033	52,15	53,05	0,9	A0312	6,08
CGD033	53,05	53,95	0,9	A0313	N.A.
CGD033	53,95	54,9	0,95	A0314	N.A.
CGD033	54,9	55,7	0,8	A0315	N.A.
CGD033	64,45	65,6	1,15	A0316	6,54
CGD034	38,8	39,95	1,15	A0317	N.A.
CGD034	39,95	40,75	0,8	A0318	10,57
CGD034	40,75	41,55	0,8	A0319	3,17
CGD034	41,55	42,55	1	A0320	N.A.
CGD034	72,65	73,5	0,85	A0321	N.A.
CGD034	73,5	74,7	1,2	A0322	5,07
CGD034	74,7	75,5	0,8	A0323	N.A.
CGD034	75,5	76,3	0,8	A0324	N.A.

Qualified Persons

Nico Scholtz is a consulting geologist and has reviewed and approved the scientific and technical information in this news release. Mr. Scholtz is a registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (Pr. Sci. Nat. No. 400299/07). Mr. Scholtz is the Company's "Qualified Person" as defined by NI 43-101.

About Gratomic

Gratomic is a multinational company with projects in Namibia, Brazil, and Canada. The Company is committed to becoming a leading global graphite supplier and aims to establish a strong position in the electric car battery supply chain. With the ongoing development of its flagship Aukam project and further exploration on the Company's Capim Grosso Graphite Project, Gratomic is setting itself apart by seeking unique high-quality assets around the world. The Company remains true to its roots and will continue to explore graphite deposits with development potential. The Company ranked third among the top 10 preforming TSX Venture 50™ mining stocks of 2022.

Large quantities of high-grade graphite concentrate have been shipped for testing following early positive results to confirm its suitability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its intended target markets. The Company will keep the public informed on the status of these tests and will announce the results as soon as they become available.

On the January 25, 2023 Gratomic announced that it had entered into a LOI with Graphex Technologies to supply graphite through existing facilities and develop a downstream processing facility in the continental US.

The Company has entered into a collaboration agreement with Forge Nano. With its patented ALD coating, this cooperation with Forge Nano is a key element in supporting Gratomic's strategies towards the value-added phases of production of graphite for anode applications through integrating its advanced atomic layered deposition technology to the coating of anode Graphite powders post micronizing and spheronizing.

For more information: Visit www.gratomic.ca or contact:

Arno Brand at abrand@gratomic.ca or (416) 561- 4095

Sign up at gratomic.ca/contact/ to be added to our email list.

For marketing and media information, please email: info@gratomic.ca

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Forward Looking Statements:

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com)

SOURCE: Gratomic Inc.

View source version on accesswire.com:
https://www.accesswire.com/748831/Gratomic-Provides-Drilling-Update-on-Capim-Grosso-Graphite-Project

FAQ

What are the latest drilling results for Gratomic's CBULF on the Capim Grosso project?

Gratomic has completed 34 drillholes, totaling 4,784.10 meters, with several assays showing TGC over 4%.

When does Gratomic plan to finalize the Maiden Mineral Resource Estimate for CBULF?

Gratomic intends to generate the Maiden Mineral Resource Estimate after completing the drilling and assays, in accordance with NI 43-101 standards.

How many meters has Gratomic drilled on the Capim Grosso project as of April 2023?

As of April 2023, Gratomic has drilled a total of 4,784.10 meters.