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Graphano Drilling Program Commences on Zone 3 Discovery at the LAB Graphite Project; Trench Program Returns High Grade Results
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2022) - Graphano Energy Ltd. (TSXV: ...
About this update from Graphano Energy Ltd.
[{"type":"text","content":"Graphano Drilling Program Commences on Zone 3 Discovery at the LAB Graphite Project; Trench Program Returns High Grade ResultsVancouver, British Columbia--(Newsfile Corp. - December 8, 2022) - Graphano Energy Ltd. (TSXV: GEL) (OTCQB: GELEF) (FSE: 97G0) (\"Graphano\" or the \"Company\") is pleased to announce that the prospecting work at its Lac Aux Bouleaux Graphite Property (\"LAB\") in Quebec has been completed and the drilling program has started. Drilling contractor Forage Hébert Inc. of Amos, Quebec, has been awarded the contract for the drill program. Luisa Moreno, Chief Executive Officer of the Company, commented: \"We are excited with the trenching work and channel results, and we are looking forward to the drilling program. We expect to complete this drilling campaign at LAB by the end of the month with the expectation that the prospecting work will translate into strong drilling results.\"The Company plans to complete approximately 20 holes totaling at least 1,500 metres. The program will focus on Zones 3 and 8 where recent surface trenching and sampling work identified significant grades and widths of graphite mineralization. Complete trench assay results with trench locations are presented in Table 1. Please also refer to Figure 1.Most of the drilling will be directed to Zone 3 which is approximately 500 metres long. The intent of the drilling program is to evaluate the characteristics and magnitude of mineralization in these zones. Zone 3 Trench Highlights: 20.16% Cg over 3.68 metres, 14.65% Cg over 5.0 metres, 18.32% Cg over 3.72 metres, 14.37% Cg over 6.0 metres and 14.10% Cg over 3.0 metres Zone 8 Trench Highlights: 5.79% Cg over 2.0 metres and 5.72% Cg over 4.0 metresTable 1 - Select Trenching ResultsLAB Graphite Project2022 Fall Trenching Program ResultsZoneTrench #Assay Results EastingNorthingZone 3TR 22-0116.80% Gf over 2.0 metres4578565134339TR 22-0214.10% Gf over 3.0 metres4578755134352TR 22-031.20% Gf over 4.0 metres4578445134403TR 22-1014.65% Gf over 5.0 metres4577745134047Zone 3(continued) TR 22-1118.32% Gf over 3.72 metres4577625134040TR 22-1214.37% Gf over 6.0 metres4577525134027TR 22-1311.95% Gf over 4.0 metres4576575134011TR 22-1420.16% Gf over 3.68 metres4576595133991Zone 8TR 22-045.72% Gf over 4.0 metres4577195134460TR 22-055.79% Gf over 2.0 metres4576355134429Zone 4TR 22-1517.73% Gf over 3.0 ...