Graphano outlines five target areas at Black Pearl

Executive Summary

• Graphano Energy Ltd. received the final interpretation of its helicopter-borne magnetic and time-domain electromagnetic (Mag-TDEM) survey at the Black Pearl Project in Quebec.
• The survey identified a 6.5-kilometre conductive trend and defined five priority target areas for immediate follow-up exploration.
• The results expand upon previous findings, refining the footprint of a dominant conductor previously interpreted over 1.2 kilometres, and will guide next-stage prospecting, mapping, and potential drill testing.

Key Details

• Survey Scope: Helicopter-borne airborne magnetic (Mag) and time-domain electromagnetic (TDEM) survey completed over the Black Pearl claims in Quebec.
• Primary Finding: Definition of an approximately 6.5-kilometre conductive trend across the survey area.
• Target Prioritization: Identification of five distinct conductive target areas prioritized for initial follow-up exploration.
• Conductor Refinement: The airborne results expand and refine the conductive footprint previously reported, specifically updating the interpretation of a dominant conductor over approximately 1.2 kilometres in the discovery area.
• Historical Drilling Context (Oct. 14, 2025 Release):
  • Hole BP25-01: 11.33% Cg (graphitic carbon) over 8.61 metres.
  • Hole BP25-06: 4.81% Cg over 12.25 metres, including 6.63% Cg over 7.07 metres.
  • Hole BP25-03: 7.37% Cg over 4.70 metres.
• Historical Surface Sampling: Strong channel sample results previously reported, including 15.1% Cg over 14 metres and 17.9% Cg over nine metres.
• Property Details: Black Pearl consists of 84 claims covering approximately 4,149 hectares and remains largely unexplored outside the current drill-tested area.
• Geological Setting: Mineralization occurs in a setting comparable to major graphite deposits in the Lac des Iles region.
• Next Steps: Initiation of prospecting and field reconnaissance over the five priority targets, including mapping and sampling, to confirm conductivity sources and advance targets toward ground geophysics and/or drill testing.
• Qualified Person: Roger Dahn, BSc, PGeo, Director of the company.

Notable Quotes

• Dr. Luisa Moreno, CEO: "Getting the final airborne report is a turning point for Black Pearl. We now have a clear, property-scale picture of conductivity and structure, including a 6.5-kilometre trend with five discrete target corridors. When you pair that with the high-grade surface channels and the near-surface drill intersections we have already delivered, it gives us a compelling road map to go straight to the most prospective ground and start building momentum with systematic prospecting and follow-up work."