Graphano Energy begins drilling at Black Pearl

Executive Summary

• Graphano Energy Ltd. has begun a 600‑metre diamond drilling campaign at its 100 % owned Black Pearl graphite project in Quebec.
• The program targets high‑priority drill holes identified from recent geophysical and geological work, aiming to expand known graphite mineralization.
• Initial channel sampling previously returned strong grades (15.1 % Cg over 14 m and 17.9 % Cg over 9 m), underscoring the project's potential.

Key Details

• Drilling commenced on the Black Pearl project, a new graphite discovery made in 2024.
• Planned initial phase: ~600 m of diamond drilling to test multiple high‑priority targets.
• Targets were defined by recent geophysical surveys that identified conductive zones extending >1 km.
• Historical channel samples showed significant graphite grades: 15.1 % Cg over 14 m and 17.9 % Cg over 9 m (see Graphano release dated July 16, 2024).
• Geological setting comparable to major Lac des Iles graphite deposits, suggesting potential for a substantial resource.
• Infrastructure: road‑accessible property with proximity to skilled Quebec mining workforce and clean hydroelectric power.
• Technical support provided by Mercator Geological Services Ltd.; field management by St‑Pierre Exploration Enr of Amos, QC.
• Qualified Person Roger Dahn, P.Geo., reviewed and approved the scientific and technical content per NI 43‑101 standards.

Notable Quotes

“We are very excited to initiate the first drilling campaign at Black Pearl. This program builds on our exploration success at the LAB and Standard projects and reflects our strategic focus on Quebec as a leading jurisdiction for battery materials.” – Luisa Moreno, CEO, Graphano Energy Ltd.