Gratomic Provides Trenching Update on Jacobina Graphite Project

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May 04, 2022

TORONTO, ON / ACCESSWIRE / May 4, 2022 / Gratomic Inc. ("Gratomic", "GRAT," or the "Company") (TSXV:GRAT, Financial)(OTCQX:CBULF, Financial)(FSE:CB82) announces that the Company has commenced a trenching program on the Jacobina Graphite Project. The Company signed a Definitive Agreement to acquire the Jacobina Project and the Igrapiuna Project as announced in its Press Release dated April 12, 2022 available HERE. As part of its due diligence review of the property, work on the first trench has started and final results will be reviewed prior to conducting additional trenching. This initial trench proved that the property is highly prospective for graphite mineralization. The project is located in the Bahia State of Brazil, with the Company having the right to acquire a 100% controlling interest in the property subject to a due diligence review of the property, regulatory approval, and the satisfaction of standard conditions for a transaction of this nature.