Graphano Reports 8.61 Metres Grading 11.33% Cg from Drilling Program at the Black Pearl Graphite Project
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Graphano Reports 8.61 Metres Grading 11.33% Cg
from Drilling Program at the Black Pearl Graphite Project
Vancouver, BC, October 7, 2025 - Graphano Energy Ltd. (“Graphano” or the “Company”) (TSX-V:
GEL; OTC: GELEF; FSE: 97G0) is pleased to report initial assay results from the September 2025 drilling
program at its 100% owned Black Pearl graphite project (“Black Pearl”). The drill program encountered
significant mineralization located near to surface as outlined below and has confirmed th is favo urable
geologic setting is similar to the major graphite deposits of the Lac des Iles region of Quebec.
Black Pearl is a large property consisting of 84 claims covering 4,149 hectares which is unexplored outside
the current area of drilling. Graphano plans to complete an airborne geophysical survey of the property to
identify additional new targets/trends, as well as extensions to the discovery area. The Black Pearl claims
are located immediately east of Graphano’s advanced-staged Standard Mine project (Figure 1).
Luisa Moreno, Chief Executive Officer of the Company, stated: “These initial drill results validate our
exploration model and confirm the presence of strong graphite mineralization at Black Pearl. The grades
and near-surface continuity are very encouraging, and we are confident this project has the potential to
become a significant addition to Graphano’s portfolio of graphite assets in Quebec.”
This first ever drill program at Black Pearl was designed to test several of the multiple conductive trends
identified during recent ground geophysical programs, with the objectives of expanding the known graphite
mineralization, enhance the structural understanding , and to broadly evaluate the deposit’s larger scale
potential.
Key Highlights (See Full Results in Table 1)
➢ Black Pearl was d iscovered by prospecting with subsequent trenching, channel sampling and
limited ground electromagnetic (EM) geophysical surveys.
➢ 42 channel samples collected within an approximate 1,200 m 2 stripped bedrock area averaged
13.2% graphitic carbon (Cg). Surface channel sample results include 15.1% Cg over 14 metres (m)
and 17.9% Cg over 9 m.
Current Holes
➢ Drill Hole BP25-01 intersected 11.33% graphitic carbon (Cg) over 8.61 metres (m) starting at 18.64
m drilled depth;
➢ Drill Hole ST25-02 intersected two zones of 4.53% Cg over 5.50 m at 20.50 m, and 7.95% Cg over
3.75 m at 31.90 m; and
➢ Drill Hole ST25-03 intersected three zones of 7.37% Cg over 4.70 m at 12.00 m, 7.01% Cg over
3.14m at 38.86 m, and 4.77% Cg over 6.50m at 44.50 m;
(Note: All intersections reported are based on drilled width and have not been converted to the true width.
True widths are not currently known.)
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Three of the five drill holes reported in this update (Holes BP25-01, 02 and 03) were drilled on L0N. Holes
BP25-01 and 02 tested the down dip extent of mineralization in the stripped bedrock area, located along the
western conductive trend . Hole BP25 -03. collared ~ 130 m east , was drilled to evaluate the eastern
conductive trend. The holes encountered multiple, southeasterly dipping mineralized zones ranging from
0.5 m to 8.6 m in drilled thickness. The mineralization has been traced from surface to a vertical depth of
approximately 35 m and remains open for continued expansion at depth. Hole BP25-04 located 100 m along
trend to the north of BP25-03 successfully extended the mineralization and host stratigraphy. Hole BP25-
05 was drilled to evaluate a separate surface occurrence and conductive anomaly on L100N at 0+50W.
Narrow, lower grade mineralization explained this target. Full assay results from the five holes are presented
in Table 1 and drill hole locations in Figure 2. Further assay results are expected to be released in the coming
weeks.
Table 1 – Drill Hole Results
Select samples from the nine holes drilled at Black Pearl were submitted for assay analysis. A total of 620
m were drilled during the program. All drill core samples were sampled, stored and shipped using industry
best practices and were delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario, for sample
preparation and analyses using laboratories’ Code 4F-C Graphitic, analyzing C-Graphite (infrared) where
the sample is subjected to a multistage furnace treatment to remove all forms of carbon with the exception
of graphitic carbon; and C -Total (infrared). ACTLABS is an independent commercial, accredited ISO
Certified Laboratory. The core sample program also included field duplicates, blanks and a graphite
standard sample for quality control and quality assurance (QA/QC) purposes.
Hole No. Azimuth
(True) Dip Grid
Northing
Grid
Easting From (m) To (m) Thickness
(m) A1 % Cg
BP25-01 275 -45 L0+05N 0+20E 10.83 11.32 0.49 15.10
18.64 27.25 8.61 11.33
45.95 46.80 0.85 6.73
BP25-02 275 -85 L0+05N 0+27E 12.73 13.21 0.48 6.46
20.50 26.00 5.50 4.53
including 23.00 26.00 3.00 6.65
31.90 35.65 3.75 7.95
BP25-03 275 -45 L0+05N 1+56E 12.00 16.70 4.70 7.37
25.14 25.64 0.50 9.94
38.86 42.00 3.14 7.01
44.50 51.00 6.50 4.77
BP25-04 275 -45 L1+00N 1+45E 8.25 10.30 2.05 4.95
30.16 30.90 0.74 3.55
47.75 48.15 0.40 4.92
BP25-05 275 -45 L0+95N 0+00E 35.90 36.70 0.80 2.43
Notes:
Black Pearl Graphite Project
2025 Exploration Drill Results
A 1 Intervals are core length. True width will be defined with additional drilling
In hole BP25-03, the interval from 12.0 to 16.7 metres grading 7.37% Cg over 4.7 metres includes a sample interval (from
12.0 to 13.0 metres) grading 8.09% Cg which had 30% core recovery.
UTM Nad 83, Zone 18
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Figure 1 – Map of Graphano Claims and Black Pearl Project
Figure 2 – Map with the location of the drill holes at Standard
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Qualified Person
The scientific and technical content disclosed in this press release has been reviewed and approved by
Roger Dahn, B.Sc., P.Geo., a director of the Company and a “Qualified Person” as defined in National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Graphano Energy
Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring,
and developing energy metals resources from exploration to production.
Graphite is one of the most in -demand technology minerals that is required for a green and sustainable
world. The Company’s Lac Aux Bouleaux property, situated adjacent to Canada’s only producing graphite
mine, in Quebec, Canada, has historically been an a ctive area for natural graphite. With the demand for
graphite growing in some of the most prominent and cutting -edge industries, such as lithium batteries in
electric cars and other energy storage technologies, the Company is developing its project to meet the
demands of the future.
ON BEHALF OF THE BOARD OF DIRECTORS
Luisa Moreno
Chief Executive Officer and Director
T: +1-647-462-6039
Neither 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.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain “forward -looking information” and “forward -looking statements”
(collectively “forward-looking statements”) within the meaning of applicable securities legislation. All
statements, other than statements of historical fact, included herein, without limitation, are forward-looking
statements. Forward -looking statements are frequently, but not always, identified by words such as
“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar
expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur
or be achieved. Forward-looking statements in this news release relate to, among other things, continued
exploration of Black Pearl and results therefrom, the potential and merits of Black Pearl, and future assay
results and the timing thereof. There can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from those anticipated in such statements.
Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are
made and are based upon a number of assumptions and estimates that, while considered reasonable by
Graphano, are inherently subject to significant business, economic, competitive, political and social
uncertainties and contingencies . Many factors, both known and unknown, could cause actual results,
performance or achievements to be materially different from the results, performance or achievements that
are or may be expressed or implied by such forward -looking statements and the part ies have made
assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation, risks associated with possible accidents and other risks associated with mineral exploration
operations, the risk that the Company will encounter unanticipated geological factors, risks associated with
the interpretation of exploration results, the possibility that the Company may not be able to secure
permitting and other governmental clearances necessary to carry out the Company's exploration plans, the
risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk
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of political uncertainties and regulatory or legal changes that might interfere with the Company's business
and prospects. These risks, as well as others, are disclosed within the Company's filing s on SEDAR+ at
www.sedarplus.ca, the Canadian Securities Administrators' national system that all market participants
use for filings and disclosure, which investors are encouraged to review prior to any transaction involving
the securities of the Company. Readers should not place undue reliance on the forward-looking statements
and information contained in this news release concerning these items. Graphano does not assume any
obligation to update the forward -looking statements of beliefs, opinions, projections, or other factors,
should they change, except as required by applicable securities laws.