Business
Graphano Announces Completion of Initial Prospecting Program West of Black Pearl and Identifies New Graphite Discovery
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) ("Graphano" or the "Company") is pleased to

About this update from Graphano Energy Ltd.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) (\"Graphano\" or the \"Company\") is pleased to announce the completion of its spring prospecting program evaluating a series of recently identified airborne geophysical conductive zones located approximately one kilometre northwest of the Company's Black Pearl graphite showing in Québec. The program resulted in the identification of a new graphite discovery, which the Company has named Black Jack.Dr. Luisa Moreno, Chief Executive Officer of Graphano, commented: \"Black Jack is an exciting new discovery for Graphano. The field team has exposed a sizeable graphite-bearing horizon northwest of Black Pearl, further supporting our view that this area hosts multiple near-surface graphite occurrences with potential for additional discoveries. The identification of Black Jack, together with ongoing work at Black Pearl, strengthens the exploration potential of this emerging graphite trend. We look forward to completing the necessary permitting required for a stripping, mapping, and ground geophysical program of the area to better understand the grade, thickness, continuity, and overall scale of this new discovery.\"Initial field work exposed a graphite-bearing horizon at the new Black Jack showing measuring approximately 110 metres long by up to 15 metres wide. Nineteen grab samples of this mineralization zone were collected by Graphano's field team. The mineralized zone appears to extend beyond the Company's current ATI permit block, and stripping with systematic channel assay sampling is planned once the appropriate ATI permit coverage is obtained.Following the work at Black Jack, the field team continued prospecting and excavation work at Black Pearl, with the objective of extending the known graphite horizons. Mapping and sampling of the exposed graphite zones at both Black Jack and Black Pearl is planned as the next step, with results to be reported once received and reviewed.The discovery of Black Jack adds a new prospective target to Graphano's exploration pipeline and supports the Company's broader strategy of advancing near-surface graphite mineralization through systematic prospecting, stripping, sampling, geological mapping, and follow-up exploration.Next StepsGraphano plans to undertake the following work:exp...