Gratomic Inc (TSX-V:GRAT, OTCQX:CBULF) told investors it has completed an additional 1621.30 metres (m) of drilling on its 100% controlled Capim Gross graphite project in Brazil’s Bahia State.
The company said it has now completed 34 diamond drill holes and 4784.10m of drilling of the 5,000-meter drilling campaign.
The fifth batch of its drillhole assays from the Capim Grosso Project has been received from SGS Geosol in Brazil which included:
- 385 assays, including 32 internal Certified Reference Materials (CRM), 18 blanks and 13 duplicates from holes CGD017 to CGD034.
The company noted that SGS Geosol's graphitic carbon assay methods and equipment include the LECO carbon-sulphur analyzer and high-temperature combustion infrared detection. During this procedure, it said the carbon in the sample is converted to carbon dioxide CO2, which is then measured by infrared (IR) detectors.
Once the drilling is complete and all drillholes are assayed, Gratomic said it intends to process the obtained data to generate a maiden Mineral Resource Estimate under the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) for the Capim Grosso asset, which will be combined with pilot metallurgical testing data and other relevant information to generate a Feasibility Study (FS) and fast track the project development.
The full drilling update report and tables can be found here.
Contact the author at stephen.gunnion@proactiveinvestors.com