InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82) Releases Update on Flagship Aukam Project Testing

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82) is sharing the results of the recent wet circuit process flow performed at its Aukam Project in Namibia. The open circuit flotation tests were conducted by SGS Lakefield and carried out to produce a minimum concentrate grading of 95% C(t), or Carbon total. The final concentrate of the three tests resulted in grades between 94.8 and 97.3% C(t) with the open circuit total carbon recoveries ranging between 86.7 and 87.5%. The company also noted that open circuit cleaner tests produced several intermediate products that are considered tailings for mass balance purposes. According to the announcement, the commercial plant operates in a closed circuit with intermediate streams cycling within the plant, resulting in most of the graphite units that are considered tailings in these intermediate streams being recovered into the final concentrate during closed circuit operation. Given the amount of graphite units in the intermediate tailings’ streams, and based on experience with similar projects, the closed-circuit graphite recovery is expected to increase from approximately 87% to 94–95%. Company officials noted that the test results met expectations and would be a valuable tool as the Aukam project nears production phase. “There has been a tremendous amount of internal work conducted on the Aukam Graphite Project from the very beginning to better understand the asset, which has demonstrated profound potential at every stage,” said Gratomic president and CEO Arno Brand in the press release. “We are very pleased with the results demonstrated by the independent performance testing and look forward to what will transpire at Aukam in 2022.”

To view the full press release, visit https://ibn.fm/0v2Vd

About Gratomic Inc.

Gratomic is focused on introducing an exceptional anode material to the global electric vehicle and energy storage supply chains. True to its roots as an exploration and mining company, Gratomic aims to achieve full operational capabilities in 2022 on its Aukam Graphite Project and continues to diversify its assets into a multinational company with various projects globally. Large quantities of its naturally high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the results will provide a unique competitive advantage in its desired target markets. The company’s recent collaboration agreement with Forge Nano has advanced the developments on its graphite finalization phase for the micronization and spheronization, as well as the patented Atomic Layer Deposition (“ALD”) coating of its Aukam vein graphite for use in lithium-ion batteries. Forge Nano is a global leader in surface engineering and precision nanocoating technology, using ALD. GRAT has two outstanding off-take purchase agreements with TODAQ and Phu Sumika with contract fulfillment slated to begin in 2021. Gratomic plans to deliver mine-to-market traceability through its partnership with deep-tech company TODAQ by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project.For more information about the company, visit www.Gratomic.ca.

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