Graphano Energy Ltd. (TSE:GEL) has released an update.
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Graphano Energy Ltd. has reported promising initial assay results from their winter drilling program at the LAB Graphite Property, confirming high-grade graphite mineralization with potential for expansion. The program’s successful validation of historical data and identification of multiple graphite horizons have set a positive stage for the company’s resource estimation efforts. Investors are keenly awaiting further results from the newly discovered Zone 3, which along with the Pit Zone, underscores Graphano’s strategic positioning adjacent to Canada’s sole operating graphite mine.
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