Gratomic Inc said laboratory assays on its third trenching program at its Capim Grosso site in Brazil show it could be taken to a district-scale graphite project.
The company said the assays have been received from SGS Geosol in Brazil, which included 19 trench samples. Full details on the trenches completed can be found here.
The aim of the program was to unveil the extension of a second graphite deposit located southeast of the main deposit, Gratomic said.
READ: Gratomic adds four new graphite prospecting licenses to its Capim Grosso project in Brazil
Gratomic CEO Arno Brand said the company’s plans to transition Capim Grosso from a local to a district-scale graphite project were supported by the positive laboratory results it continued to receive.
“We look forward to further development on the project and growing our footprint in Brazil,” Brand said.
Gratomic chief operating officer Armando Farhate added: "The lab results provide important evidence of how much potential Capim Grosso has. It is really beginning to look like it could become the next major graphite province in Brazil."
Gratomic is focused on becoming a leading global graphite supplier with projects in Namibia, Brazil, and Canada.
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