Gratomic Inc has announced the resumption of its 5,000-meter diamond drill program on the Capim Grosso graphite project located within the Bahia State of Brazil, aiming to further delineate the graphite mineralization at the site.
After having drilled 241.3 meters in 2021, the drilling team temporarily wrapped up drilling over the holiday period, resuming activities on January 15, 2022.
The introduction of a second drilling rig, which is currently on-site, has expedited the drilling program, the company said. The ability to drill two holes simultaneously will accelerate the conclusion of the drilling program and will positively impact the announcement of results.
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"Gratomic's focus is and will remain to bring value to its shareholders and stakeholders,” said Arno Brand, CEO of Gratomic in a statement. “We will continue to seek out potential projects that fit within our core foundational pillars, which include positive economic impact, strategic asset acquisition and development, continuous improvement, and environmental stewardship. Our overarching goal is sustainable growth to support a cleaner future."
Drillcore-cutting equipment is currently en route to the site, which will enable the team to begin splitting the drill core to produce samples for laboratory assays. SGS Geosol, in Vespasiano, State of Minas Gerais, Brazil will be commissioned to conduct the analysis of the assays.
Drilling activities are led by Ib Camara, Geologist for Gratomic do Brasil, with the support of Area manager Antonio Vitor, and under the guidance of senior geology consultant Nico Scholtz, QP.
Armando Farhate, head of graphite marketing and sales, noted: "I am extremely happy to see how our multicultural team cooperates in a very effective way, regardless of distance, nationality, and language. The end result will most certainly be world-class, supporting Gratomic's strategy to become a key global player in the Graphite scenario."
Gratomic is a multinational company with projects in Namibia, Brazil, and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the EV battery supply chain.