Graphano Starts Exploration Program at the New Claims in East Standard
Page 1 of 2
Graphano Starts Exploration Program at the New Claims in East Standard
Vancouver, BC, June 4, 2024: Graphano Energy Ltd. (“Graphano” or the “Company”) (TSX-V: GEL;
OTCQB: GELEF; FSE: 97G0) is pleased to announce the start of the spring/summer exploration program
on its 100% owned graphite properties in Quebec.
Luisa Moreno, Chief Executive Officer of the Company, commented: “We are excited to begin our spring-
summer 2024 exploration program. In the upcoming four weeks, we will concentrate on prospecting
followed by trenching and stripping of areas with graphite outcrops to uncover new potential drilling
targets. This exploration work will focus on the new claims and the Lac Aux Bouleaux zones that have not
been previously explored. This prospecting effort is crucial for our ongoing exploration strategy.”
The program, which commenced in mid-April, targets the newly staked claims situated immediately east
of the Standard Mine and covering 3,923 hectares. Government reconnaissance in 1997 discovered four
outcrops with visible graphite in this area, offering promising starting points for the Company’s exploration.
The new claims cover highly prospective geology located between Graphano’s Standard Mine project and
the Mousseau graphite deposit to the east. Additionally, Graphano will explore some of the remaining Lac
Aux Bouleaux property zones, specifically Zones 5, 2 and 6, which have not been extensively examined.
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, Northern Graphite Corporation’s Lac des Iles Mine 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.
Page 2 of 2
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 to future
operations, including 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, exploration
work on the newly staked claims east of the Standard Mine and the Lac Aux Bouleaux property zones that
have not been previously extensively examined. 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 th e 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 contingenci es. 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, 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 update the forw ard-looking
statements of beliefs, opinions, projections, or other factors, should they change, except as required by
applicable securities laws.