Gratomic Inc. (TSX-V:GRAT, OTCQX:CBULF) has announced it has commenced a trenching program on the Jacobina graphite project in Brazil which shows that the property is a highly prospective graphite resource.
After signing a definitive agreement to acquire the Jacobina project and the Igrapiuna project, the company said it had begun work on the first trench as part of its due diligence review of the property.
Highlights from the first batch of trench assays include an interval of 17 metres (m) at 8.34% total graphitic carbon from 61m to 78m.
READ: Gratomic completes 1,734 meters of drilling on its Capim Grosso graphite project in Brazil
A second interval of 18m showed total graphitic carbon of 4.58% from 1m to 19m.
“This initial trench proved that the property is highly prospective for graphite mineralization,” the company said.
The trench was sampled according to visual grade estimation in 3m increments in horizontal continuous sections on the trench walls.
Where visual grade was regarded as continuous, sampling was completed up to a maximum of 9m increments.
Quality assurance was carried out by Gratomic inserting one certified reference material (CRM) which produced assay results within 97% of the expected graphitic carbon value of the CRM.
The company said the final results from the first trench would be reviewed prior to conducting additional trenching.
Gratomic is a multinational company positioning itself as a leading graphite supplier with projects in Namibia, Brazil, and Canada.
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