COMMUNIQUÉ DE PRESSE

par Gratomic Inc. (isin : CA38900X1087)

Gratomic Provides Drilling Update on Capim Grosso Graphite Project

TORONTO, ON / ACCESSWIRE / April 12, 2023 / Gratomic Inc. ("Gratomic", "GRAT," or the "Company") (TSXV:GRAT)(OTCQX:CBULF)(FSE:CB82) announces that an additional 1621.30 m of drilling (for a total of 4784.10 m to date of the 5,000-meter drilling campaign) on its Capim Grosso graphite project has been completed. 34 diamond drillholes (DD) have been completed to date. Included in this press release are assay details on holes CGD017 to CGD034. The project is located in the Bahia State of Brazil, with the Company holding a 100% controlling interest in the property.

Table 1: Drillholes completed to date on the Capim Grosso Project in Brazil (WGS84 UTM 24S)

NAME

X

Y

Z

AZIMUTH

DIP

EOH

CGD001

391942

8749876

381

45

-58

100.10

CGD002

391867

8749905

382

50

-60

141.20

CGD003

391926

8749863

381

50

-60

120.55

CGD004

391842

8749975

381

50

-60

93.15

CGD005

391775

8750076

378

50

-60

111.00

CGD006

391722

8750171

378

50

-60

120.65

CGD007

391626

8750343

375

50

-60

120.20

CGD008

391755

8750196

376

50

-60

100.05

CGD009

391603

8750328

376

50

-60

120.00

CGD010

391597

8750372

375

50

-60

141.00

CGD011

391574

8750352

376

50

-60

140.05

CGD012

391533

8750454

373

50

-60

134.65

CGD013

391431

8750595

373

50

-60

140.70

CGD014

391392

8750562

376

50

-60

206.90

CGD015

391336

8750756

371

50

-60

151.00

CGD016

391317

8750785

371

50

-60

151.15

CGD017

391294

8750765

372

50

-60

162.05

CGD018

391233

8750891

369

50

-60

130.20

CGD019

391115

8751066

371

50

-60

190.15

CGD020

390523

8751978

384

50

-60

190.75

CGD021

390438

8752101

385

50

-60

195.10

CGD022

390336

8752238

385

50

-60

202.20

CGD023

390247

8752387

375

50

-60

168.65

CGD024

390118

8752596

379

50

-60

150.00

CGD025

390452

8752076

376

50

-60

166.45

CGD026

390092

8752565

380

50

-60

150.05

CGD027

391136

8751095

357

50

-60

133.20

CGD028

391194

8750999

356

50

-60

146.10

CGD029

391254

8750917

357

50

-60

150.60

CGD030

391375

8750673

360

50

-60

170.75

CGD031

391664

8750265

365

50

-60

140.50

CGD032

391996

8749800

370

50

-60

80.50

CGD033

392021

8749741

372

50

-60

71.50

CGD034

392118

8749608

376

50

-70

93.00

The fifth batch of its drillhole assays from the Capim Grosso Project has been received from SGS Geosol in Brazil which included the following:

  • 385 assays, which includes 32 internal Certified Reference Materials (CRM), 18 blanks and 13 duplicates from holes CGD017 to CGD034

Table 2: Table 2 highlights intervals from holes CGD017 to CGD034 on the Capim Grosso Project in Brazil (1 % TGC cut-off grade and 3 % minimum TGC grade used). More detailed information of the assay results from the 18 holes is set out in Table 3 below. Internal QA/QC was performed by Gratomic inserting a Certified Reference Material (CRM) every 20 samples, (OREAS 725) which assayed within 97% of the expected graphitic carbon value of the CRM. The QP therefore accepts the values of the laboratory assays. The intervals are regarded as true width (or as close as possible to) due to the dip of drillholes being perpendicular on measured dip of geology.

DH_Hole

DH_From_m

DH_To_m

Hole_ID

Length_m

TGC_%

TGC_ BEST INTERVAL

CGD017

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