Gratomic Inc announced that it has completed 1,734.3 metres (m) of a 5,000m drilling campaign on its Capim Grosso graphite project in Brazil’s Bahia State.
The graphite project developer said 15 diamond drill holes were completed to date, with results that included 11.2m of 13.1% total graphitic carbon (TGC), while two additional holes are in progress.
The company noted that all drill holes to date have intersected graphite.
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Gratomic also said the drilling has been expedited by the introduction of a second drilling rig, which has been onsite since February 2022.
It added that once the drilling is complete and all drill holes are assayed, the company intends to process the obtained data in order to generate a maiden mineral resource estimate for the Capim Grosso asset, which will be combined with pilot metallurgical testing data and other relevant information in order to generate a feasibility study and fast track the project development.
Gratomic is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain. It has projects in Namibia, Brazil, and Canada.
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