Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82) has announced the preliminary findings of its 5,000-meter diamond drill program on the Capim Grosso graphite project. The project is located within the Bahia State of Brazil, and the drill program, whose aim was to publish a maiden resource estimate in accordance with National Instrument, further delineates graphite mineralization on a recently completed two-fold trenching and sampling program. The results of the program indicate that both completed drill holes intercepted graphite varying in width from 0.1 m to 11.15 m. Company officials noted that the preliminary findings are in line with expectations of the potential for this project. “Defining a maiden resource in the Capim Grosso project will allow Gratomic to facilitate the further exploration and development of the project, providing an opportunity to supplement the growing global demand for high quality natural graphite,” said Gratomic president and CEO Arno Brand in the press release. “Our goal as a multinational graphite and exploration company is to locate and develop assets that are both high quality and easily processed, allowing us to avoid the use of harsh chemical treatments on our graphite.”
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About Gratomic Inc.
Gratomic is focused on introducing an exceptional anode material to the global electric vehicle and energy storage supply chains. True to its roots as an exploration and mining company, Gratomic aims to achieve full operational capabilities in 2022 on its Aukam Graphite Project and continues to diversify its assets into a multinational company with various projects globally. Large quantities of its naturally high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the results will provide a unique competitive advantage in its desired target markets. The company’s recent collaboration agreement with Forge Nano has advanced the developments on its graphite finalization phase for the micronization and spheronization, as well as the patented Atomic Layer Deposition (“ALD”) coating of its Aukam vein graphite for use in lithium-ion batteries. Forge Nano is a global leader in surface engineering and precision nanocoating technology, using ALD. GRAT has two outstanding off-take purchase agreements with TODAQ and Phu Sumika with contract fulfillment slated to begin in 2021. Gratomic plans to deliver mine-to-market traceability through its partnership with deep-tech company TODAQ by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. For more information about the company, visit www.Gratomic.ca
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