Graphano Reports 26 Metres Grading 6.51% Cg from Trenching Program at Standard Project
Graphano Reports 26 Metres Grading 6.51% Cg
from Trenching Program at Standard Project
Vancouver, BC, December 14, 2022, Graphano Energy Ltd. (“Graphano” or the “Company”) (TSXV:
GEL, OTCQB: GELEF, FSE: 97G0) is pleased to announce that the trenching and channeling program at
its historical Standard mine project (“Standard Project”) has been completed and all assay results have
been received. A drilling program at the Standard Project will be conducted this winter once the Company
completes drilling at its Lac Aux Bouleaux graphite property (“LAB”).
Luisa Moreno, Chief Executive Officer of the Company, stated: “To date grab and channeling samples from
the Standard graphite claims have consistently shown high grade graphite material. Following the drilling
program at the LAB project, we will be conducting exploration drilling at Standard. As we move steadily
from prospecting to resource estimation, the significant potential of LAB and the Standard Project, which
includes two historical graphite mines, should be clear . Given the existing nearby clean power and
transportation infrastructure, these two projects could become a near-term source of graphite to the regional
emerging electric vehicles sector.”
Select Results:
• Fourteen grab samples from this fall program yielded assay results between 1.26% Cg and 20.5%
Cg with twelve of them grading over 11% (see Table 1).
• Fifty-seven samples were collected from four trenching locations , y ielding 6.21% Cg over 26
metres (m), 11.76% Cg over 10 m, 10.32% Cg over 9.5 m, and 5.06% Cg over 10m (see Table 2).
Table 1 – Prospecting Grab Sample Results
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Table 2 – Trenching Results
Geophysics Program
An airborne geophysical survey, which confirmed the presence of two graphite related anomalies extending
500 metres and 600 metres in length through the historical graphite mine surface workings, was conducted
at the Standard Project in the summer of 2022 (see Figure 1).
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Figure 1 - Map with Airborne Anomaly and Trenches
The Standard claims were optioned from Mr. Daniel St -Pierre (see news release dated June 28, 2022 )
providing Graphano the exclusive right to acquire 100% of the claims. Graphano subsequently engaged St-
Pierre Exploration Enr. to manage and conduct the initial prospecting, trenching and channel sampling
work.
During the 2022 Fall program, a t otal of 57 channel samples were collected from four separate trenches .
Each channel sample from the trenching work ranged from a minimum of 50 cm to a maximum of 100 cm
long, 5 cm wide and 3-5 cm deep cut in bedrock.
All grab and channel samples were bagged and tagged using 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
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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.
Qualified Person
The scientific and technical content disclosed in this press release was 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 Ltd.
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 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 e nergy 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, relating t o future
operations - exploration, drilling and other activities of Graphano - 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, the Company’s exploration
plans and the im pact 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 pro jections 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 a nd 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 stateme nts and the parties have made
assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation, the ability to complete proposed exploration work, the results of exploration, continued
availability of capital, and changes in general economic, market and business conditions. 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 u pdate the forward -looking
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statements of beliefs, opinions, projections, or other factors, should they change, except as required by
applicable securities laws. We seek safe harbour.