Graphano Energy - GELEF STOCK NEWS

Graphano Energy announced the staking of 20 additional mining claims at its Lac-Aux-Bouleaux (LAB) project in Quebec. This expansion more than doubles its holdings, increasing the total area to 2,028 hectares. The LAB region, which contains North America's only graphite-producing area, has shown promising exploration results. The new claims share similar geology with existing LAB claims and the nearby Lac-des-Iles mine, although they remain largely unexplored. Graphano's CEO, Luisa Moreno, expressed optimism about the enhanced exploration potential. The technical aspects of this release were verified by qualified geologists under NI 43-101 standards.

Graphano Energy (TSXV: GEL) (OTCQB: GELEF) has announced positive preliminary metallurgical results for its Lac-Aux Bouleaux (LAB) and Standard Mine graphite properties in Quebec. Conducted by SGS Canada Inc., the tests showed that LAB achieved a concentrate grade of 95% Cg with a 70% recovery rate in open circuit, with expectations of over 90% recovery in closed circuit operations. Standard Mine produced a 94% Cg concentrate at 93% recovery. Further optimization is expected to enhance these results. The company plans to develop a large-scale beneficiation plant to process both LAB and Standard materials efficiently.

Graphano Energy has initiated its spring/summer 2024 exploration program on its 100% owned graphite properties in Quebec. The program began in mid-April and focuses on new claims east of the Standard Mine, covering 3,923 hectares, and several unexplored zones of the Lac Aux Bouleaux property. CEO Luisa Moreno highlighted the significance of this exploration for identifying new drilling targets. The program will involve prospecting, trenching, and stripping areas with visible graphite outcrops, following government reconnaissance findings from 1997.

Graphano Energy reported final assay results from its 2023-24 winter drilling program at the LAB Graphite Property, discovering significant graphite mineralization in Zone 3. The company's focus on graphite zone expansion yielded positive results, with high-grade intersections like 7.91% Cg over 15.65m in drill hole LAB24-65. The drilling program confirmed the continuity of mineralization and the potential for economic extraction, supporting the development of the EV industry in North America.

Graphano Energy reports promising assay results from Zone 3 at its LAB Property in Québec, with high-grade intersections and continuity of mineralization. The drilling program focused on expanding the graphite zone to support ongoing Mineral Resource estimation work. Significant intersections include 6.33% Cg over 13.82m in current holes and 9.09% Cg over 8.0m in previous holes. The mineralization is open for further expansion, indicating economic extraction potential.

Graphano Energy (GELEF) reports positive assay results from the LAB Graphite Property winter drilling program, showcasing high-grade graphite mineralization at the Pit Zone and Zone 3. The drilling program confirms historical findings and identifies multiple graphite horizons, with significant potential for expansion. Key highlights include drill holes intersecting 5.89% to 8.26% graphitic carbon over various lengths. The Company aims to expedite production at the LAB project by leveraging the Pit Zone's resources.

Graphano Energy Ltd. expands its land claims by staking 79 new mining claims at its Standard Mine Project, increasing total land claims to 4,265 hectares. The company aims to explore high-grade graphite mineralization for the EV industry in North America. The region boasts good infrastructure and access, with potential for resource expansion.

Graphano Energy Ltd. (GELEF) reports positive final assay results from the winter drilling program at its Standard Mine Project, highlighting significant graphite mineralization. The company identified a promising sector of near-surface mineralization on the northern extension of the Eastern Trend, setting the stage for continued expansion in 2024.

Graphano Energy Ltd. (GELEF) reports positive assay results from the 2023-24 winter drilling program at its Standard Mine Project, focusing on graphite zone expansion. Key highlights include high graphitic carbon intersections in current and previous drill holes, indicating significant mineralization potential for sustainable graphite supply. The company plans to advance both the Standard and Lac-Aux-Bouleaux projects to become a major regional graphite supplier in North America.