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Graphano Intersects 6.12% Graphite Over 9 Metres at 100% Owned LAB Graphite Project
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2022) -   Graphano Energy Ltd. &#x...
About this update from Graphano Energy Ltd.
[{"type":"text","content":"Graphano Intersects 6.12% Graphite Over 9 Metres at 100% Owned LAB Graphite ProjectVancouver, British Columbia--(Newsfile Corp. - June 9, 2022) -  Graphano Energy Ltd. (TSXV: GEL) (OTCQB: GELEF) (FSE: 97G0) (\"Graphano Energy\" or the \"Company\") is pleased to announce results from Zone 1 on its 100% owned Lac Aux Bouleaux Graphite Property (the \"LAB Property\", \"LAB\" or the \"Property\") in Quebec. The LAB Property is located contiguous to the Lac-del- Iles graphite mine and covers the immediate southern extension of the productive graphite horizons. Fourteen drill holes totaling 1,275 metres were completed on the Zone 1 target. Highlights are provided below.Highlights (see Table 1 for details):Drill Hole LB22-18 intersected 6.0% graphitic carbon (Cg) over 6 metres at 65 metre (m) drilled depth;Drill Hole LB22-21 intersected 4.58% Cg over 9.8 m at 95.2 m drilled depthDrill Hole LB22-22 intersected 7.04% Cg over 5.8 m at 102.2 m drilled depth;Drill Hole LB22-23 intersected three zones as follows:Top zone of 4.17% Cg over 3.0 m at 14.0 m; Middle zone of 5.82% Cg over 5.0 m at 36.0 m; andLower zone of 3.97% Cg over 2.0 m at 86.0 m.Drill Hole LB22-24 intersected three zones as follows:Top zone of 6.12% Cg over 9.0 m at 43.5 m; and Middle zone of 4.81% Cg over 2.0 m at 84.0 m;Lower zone of 6.09% Cg over 6.0 m at 90.0 m.Drill Hole LB22-26 intersected minimum of 5.29% Cg over 9.0 m at 23.9 m drilled depth, including 7.51% Cg over 5.0 m(Note: All intersections reported are based on drilled width. True width will be defined with additional drilling.)Luisa Moreno, Chief Executive Officer of the Company, stated: \"We are very encouraged with the drill results from Zone 1 and previously released results from Zone 4 to the southwest. They are consistent with Lac-del-Iles grades which is the only producing graphite mine in North America. Additional work will continue on the Property and we are confident in proving up graphite resources, positioning Graphano as a potential near term producer.\"Table 1: Drill hole resultsLAB Graphite ProjectZone 1 - 2022 Exploration DrillingHole No.AzimuthDipEastingNorthingFrom (m)To (m)Interval A1 (m)% CgLB22-16110.83-42.42458715513439825.7929.503.717.20LB22-17168.46-40.21458715513439729.0033.004.008.15LB22-18127.86-46.78458720513444365.0071.006.006.00LB22-19115.47-44.01458781513460627.4828.501....