InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Announces 1st Assay Results on Aukam Diamond Drilling Program

November 17, 2022 15:14:54

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company focused on becoming a leading global graphite supplier, today provided the first laboratory assay results on its diamond drilling program at its Aukam Graphite Project in Namibia. The program aims to intercept mineralized graphite veins to provide a deeper understanding of Aukam geology and confirm Gratomic’s early estimations. According to the update, the assays have been received from ALS Laboratories Namibia (Pty) Ltd, including 15 drill core samples. The announcement highlights the locations of the diamond drill holes during the drilling program as well as graphitic carbon assays from the drill cores obtained on the Aukam project. Drill cores were sampled where graphite veins exceeded 20 cm and a minimum sample length of 50 cm from multiple holes.

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About Gratomic Inc.

Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the EV battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company’s Capim Grosso property, Gratomic sets itself apart by seeking out unique top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. The company ranked third place in the top 10 preforming mining stocks on the 2022 TSX Venture 50(TM). Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available. The company has formed a collaboration agreement with Forge Nano. With its patented ALD coating, this cooperation with Forge Nano is a key element to support Gratomic’s strategies towards the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries. For more information about the company, visit www.Gratomic.ca.

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