Graphano Energy Ltd. (TSXV: GEL) (OTCQB: GELEF) (FSE: 97G0) has announced promising initial assay results from the 2023-24 winter drilling program at Zone 3, part of its Lac Aux Bouleaux (LAB) Graphite Project in Quebec. The latest findings highlight significant graphite mineralization, including a standout 13.82m interval grading 6.33% graphitic carbon.

Zone 3 Drilling Highlights

Graphano’s targeted exploration efforts in Zone 3 have validated the zone’s potential through notable intersections such as:
– 6.33% Cg over 13.82m in Drill Hole LAB23-62.
– 5.75% Cg over 14.42m in Drill Hole LAB24-64, including 7.64% Cg over 7.64m.
These results, coupled with findings from previous drilling campaigns, underscore the zone’s continuity of mineralization and potential for further expansion.

Exploration Strategy and Results

In 2023, Graphano discovered Zone 3, defined by a 500m strike length. The company’s focused drilling aims to expand the mineralized ‘footprint’ for its Mineral Resource estimation efforts. The latest drillings, part of a step-out strategy, seek to extend mineralization and confirm structural interpretations of Zone 3’s significant graphite mineralization.

Future Plans and Assay Results

Graphano is expected to release further assay results in the coming weeks, supporting its ongoing exploration and development strategy in seeking to tap into the growing demand for graphite, driven by advancements in green and sustainable technologies.

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