Graphano Encouraged by Positive Developments at Black Pearl Graphite Discovery
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Graphano Encouraged by Positive Developments at
Black Pearl Graphite Discovery
Vancouver, BC, May 28, 2025 – Graphano Energy Ltd. (“Graphano” or the “Company”) (TSXV:
GEL, FSE:97G0) is pleased to announce the completion of the current phase of exploration on the Black
Pearl graphite property in Québec, Canada. The program has successfully advanced Black Pearl to drill -
ready status and expanded its size potential. Current interpretations indicate a folded trend approximately
1.2 kilometres in length, containing multiple graphite related conductive zones over surface widths of up
to 300 metres ( Figure 1). The mineralized trend remains open to the north . Graphano’s next step will be
to conduct additional ground geophysical surveys to further delineate the potential of th is significant
discovery prior to first-phase drilling.
FIGURE 1: Black Pearl Compilation and Interpretation
(Note: All channel sample results reported are based on bedrock surface widths, true widths of
mineralization will be determined with drilling programs.)
The Black Pearl discovery was made by Graphano in 2024 through basic prospecting methods. Channel
sampling from the initial discovery returned significant grades and thicknesses of graphite mineralization
such as 15.1% Cg over 14 metres (m) and 17.9% Cg over 9 m (see Graphano news release of July 16,
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2024). The geologic setting of this previously unexplored area is similar to the major graphite deposits of
the Lac des Iles region.
The current exploration program carried out by St -Pierre Exploration of Amos, Québec, consisted of line
cutting, ground electromagnetic surveys (Max -Min II and VLF-EM), prospecting and mechanical
stripping of bedrock. To date, approximately 7 kilometres of line cutting and ground geophysics have
been completed. Bedrock stripping during the current program has uncovered high grade graphite zones,
ranging from 0.5 to 2.0 m in thickness, over an approximate strike length of 100 metr es between L400N
and L500N (Figure 1). Channel sampling results are currently pending for this mineralization.
Luisa Moreno, CEO of Graphano, stated: “We are very encouraged by the continued progress at Black
Pearl. Advancing the project to drill -ready status and identifying multiple conductive graphite zones
confirms the strong potential of this discovery. Our team will now focus on further defining the
mineralization through geophysics and drilling. Black Pearl is shaping up to be a valuable asset in our
growing portfolio and strengthens our strategy to become a key supplier of high -quality graphite for the
electric energy transition and expansion.”
About St-Pierre Exploration
St-Pierre Exploration is a Québec-based geological services firm headquartered in Amos. The company
provides field support, project design, and technical expertise for mineral exploration programs across the
province.
About Graphano Energy
Graphano Energy Ltd. is an exploration and development company focused on evaluating, acquiring, and
developing energy metals resources from exploration to production.
Graphite is one of the most in -demand technology minerals required for a green and sustainable world.
The Company’s Lac aux Bouleaux property, situated adjacent to Canada’s only producing graphite mine,
in Québec, Canada, has historically been an active 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
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
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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, further
exploration at the Black Pearl graphite discovery and the Company potentially becoming a supplier of
graphite. 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 parties 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 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 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.