"GRAT," or the "Company") (TSXV:GRAT) (OTCQX:CBULF) (FSE:CB82) discloses the preliminary (simplified) Process Flow Diagram (PFD) for its 100% owned Capim Grosso project
located in the mining friendly jurisdiction of Bahia State of Brazil
Following the announcement of the results from initial metallurgical tests performed on trenched material (see press release dated February 7, 2022 here)
the Company's technical team has initiated preliminary engineering for the project
which will include completing a mass and water balance process flow diagram (PFD)
This engineering design will facilitate the development of preliminary operating and capital expenses (OPEX and CAPEX) for the project
As Gratomic proceeds with the current 5,000-meter drilling program
the Company will continue to conduct new tests with the drill core samples
in order to optimize engineering design for the flotation circuit and factor in the requirements to process the material at depth
COO & Head of Graphite Marketing and Sales
says: "Our technical team is moving at a very quick pace to fast track the engineeting process of our Capim Grosso project
without overlooking quality and technical criterias."
"We are very proud to be true to our vision of agility
and return to shareholders and stakeholders
The speed we have been moving in the Capim Grosso project is good evidence of that," stated Arno Brand CEO & President
Gratomic wishes to emphasize that it is undertaking an initial exploration drilling program at the Capim Grosso property along with preliminary metallurgical testing
Gratomic emphasizes that no Preliminary Economic Analysis
Preliminary Feasibility Study or Feasibility Study has been completed to support any level of production
or mineral reserves demonstrating economic viability and technical feasibility
have been delineated on the Capim Grosso property
Gratomic continues to move the Capim Grosso property forward and as part of its business plan
expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of the Capim Grosso project
let alone mineral reserves demonstrating economic viability and technical feasibility
have been delineated on the Capim Grosso Property
The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant
The Company advises that it has not based the preliminary process flow diagram on even the existence of mineral resources let alone on a feasibility study of mineral reserves
demonstrating economic and technical viability
there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery
including increased risks associated with developing a commercially mineable deposit
such projects have a much higher risk of economic and technical failure
There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved
a Principal Metallurgist with Metpro Management Inc.
is a Qualified Person within the meaning of NI 43-101
Peters is satisfied that the analytical and testing procedures used are standard industry operating procedures and methodologies
approved and verified the technical information disclosed in this news release
analytical and test data underlying the technical information
Gratomic is a multinational company with projects in Namibia
The Company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the EV (Electric Vehicle) battery supply chain
With the continued development of its flagship Aukam project and further exploration on the Company's Capim Grosso property
Gratomic sets itself apart by seeking out unique top-quality assets around the world
the Company will continue to explore graphite opportunities displaying potential for development
Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material
Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets
The Company will continue to update the public on the status of these tests and will provide results as soon as they become available
The Company has formed a collaboration agreement with Forge Nano
With its patented ALD (Atomic Layer Deposition) coating
this cooperation with Forge Nano is a key element to support Gratomic's strategies towards the value-added phases of production of graphite for anode applications
making Gratomic graphite a preferred choice for use in lithium-ion batteries
For more information: visit the website at www.gratomic.ca or contact:
Subscribe at gratomic.ca/contact/ to be added to our email list
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
This news release contains forward-looking statements
which relate to future events or future performance and reflect management's current expectations and assumptions
Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company
Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected
These forward-looking statements are made as of the date hereof and
except as required under applicable securities legislation
the Company does not assume any obligation to update or revise them to reflect new events or circumstances
All the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com)
Eagle Royalties holds a diverse portfolio of more than 35 royalty interests in western Canada. Target commodities subject to royalties include a broad spectrum including critical metals, precious metals, industrial minerals and diamonds... LEARN MORE
A week of journeying on foot to WYD in Rio brought the Gospel alive for me in surprising ways
In the week leading up to World Youth Day
their large-scale event called the MAGIS Experience was a unique opportunity for members of worldwide Jesuit universities to spread throughout Brazil and engage in various spiritual-based experiments deeply tied into Brazilian culture
As a campus minister at Loyola Marymount University in Los Angeles
I was to accompany—along with a Jesuit priest—six students to MAGIS and WYD
A student and I were assigned the experiment of a pilgrimage
walking somewhere around 100 kilometers – and that was about all we knew
Fear of the unknown and unanswered questions
The exhortation “Be not afraid” felt quite meaningless
How could the Jesuits even be allowed to cook up a concept
Why did I not have any say in being placed in this situation
This was my life we are talking about here
bouncing along on a five-hour bus ride out of Salvador in northeast Brazil
evidently on the way to a place called Capim Grosso
the Jesuits knew how to get around even as far back as when they arrived in Brazil 400 years ago
But I didn’t want to be impressed; I wanted to be comfortable
The alternating landscapes of flatlands and hills made me sleepy and detached
A week in the middle of nowhere and still no details of where we would be laying our sleeping bags that very night
Clearly I was thinking in human terms and not as God does
But with each bump we got closer to our destination
I struggled to keep awake reading Conversations with Jorge Bergoglio on my Nook
We milled around silently colliding into each other with our hiking backpacks
Introductions had not been made; we’d be piecing this puzzle one kilometer at a time
We were outside the one-room school in a village called Pedras Altas
high-pitched Portuguese coming from inside and our cohort slowly surrounded by curious townspeople
Someone finally somehow communicated to us to drop our bags on the porch and go inside
I saw it all as chaos—only later did I understand it to be it excitement
There was clapping and smiles from leathered
I entered the school to singing schoolchildren who were members of the town’s Catholic youth group
and instinctively turned to shake hands with the first person inside the doorway
He reached his hand out; he was a small man with Down’s Syndrome
The children’s song was about glory to God
We crowded in and had no choice but to rub elbows with the townspeople and our fellow pilgrims
we were ushered down the dirt road and around the corner to the small church for what appeared to be a prayer service
Padre Xavier led a blessing; the townspeople raised their hands over us
The Jesuit scholastic from Fordham teared up
An elderly man continued to sing into the microphone of the church as we walked up the road
The children and people from Pedras Altas walked with us as we neared the outskirts toward a seemingly endless path that stretched towards the endless Brazilian blue sky
You don’t see skies like that on this side of the world
They crossed the main road with us as a truck roared past
Lord,” said the Emmaus disciples nearly two thousand years ago
And here I was echoing on a golden Monday to these fellow companions: “Stay with us.”
Braying donkeys announcing this wave of peregrinos had finally arrived
The scholastic had won over the youth group through their mutual knowledge of Adele lyrics
Dusk was falling and flashlights brought us to the next town
The Jesuits had coordinated it perfectly with the communities
We said a rather unexpectedly intense goodbye to the people of Pedras Altas
our friends and companions for only a few hours
but the special bond of this unity cemented
There would never be a week like this again
Under the glaring light of a single fluorescent we joined with our new hosts in a circle and the Argentinians and Mauritians led rounds of children games to delighted squeals and pleasant bewilderment
the men lodged in the chapel after each country reflected under the guidance of the Examen
with the Camboeirans journeying with us to the next village
there was a happiness not felt since childhood summers
There’s something about journeying towards something
I asked an Argentinian Jesuit for an impromptu administering of the Sacrament of Reconciliation
It was the feast day of Our Lady of Mount Carmel
We sat outside the chapel on the dirt under the shade of the tree where pilgrims had hung their laundry to dry
John 1:48 was not lost on me at that moment: “Before Philip called you
I saw you.” The Jesuit advised that I ask for Mary’s protection and guidance on the pilgrimage
Each morning we would begin that day’s walk in silence
When I detected some peregrinos fingering their rosary beads and each town shouting “Viva Nossa Senhor Aparecida!” for the patroness of Brazil
there was no doubt this was a Marian pilgrimage with Christ walking among us
in the towns left behind and the places still to discover
The amount of laughter and joking in spite of the bug bites
itching and eventual pulled muscles led me to think about what kind of laughter Jesus must have had
Did he put his head back and slap his knee
Uruguayans and Mauritians got this close in a week
could you imagine the bonds formed by Jesus
the twelve apostles and the other disciples in three years
So close and so transformative it brings understanding to how those ragtag pilgrims traveling from pueblo to pueblo—Galilee
Tyre and Sidon to eventually Jerusalem—would go to Spain
bringing down empires and causing a revolution because of it
The hospitality and generosity of the people who walked with us and housed us caused me to think about the graciousness Jesus must have had when arriving in a new village and not sure where he and his friends would find a place for the evening
Peter and Jude Thaddeus probably needed to share floor space in a room together
some days so tired they were out as soon as their heads touched the dirt
Or sitting with their hosts telling stories deep into the night
music and shouts of high school students from Junco waving flags and banners and running towards us while we were still a ways from their town made me think about how relatable Jesus made the image of the father running towards his prodigal son in Luke 15
Because clearly those in His audience hearing that parable had to have been met on their own roads by loved ones with open arms welcoming them home
The swarms of people from Alto do Capim who formed a parade to lead us to our house for the night after performing a samba made me think of Jesus when he playfully looks among the crowd asking
if all those people were crowded around Him would the moment be solemn and dour or rather full of energy
Ignatian spirituality invites us to place ourselves in a Gospel setting and imagine the moment
the thoughts and feelings that surface in our meditation
As a Fordham student stated in our final reflection
we took the opposite approach and imagined Jesus as the main character in our setting
And if we can imagine Jesus in our setting we must have been doing something right
By the time of World Youth Day the following week in Rio
a far cry from the peace of the solitary roads
not unlike how the Galileans must have felt staring at the walls of their Jerusalem
But those on this pilgrimage had the privilege of being fortified by who and what we saw
And instead of taking a bus ride to an unknown land at the end of my time in Brazil
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The “Spirit” of the Pope’s Return from Rio
The Decline of the Family and the Death of Faith
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has revealed that it has inked a non-binding Letter of Intent (LOI) with Graphex Group Limited and its US subsidiary
a leader in the downstream processing of natural graphite used in electric vehicle (EV) lithium-ion (Li-ion) batteries.\nThe multinational company with projects in Namibia
said that the LOI aims to combine Gratomic's raw material supply capabilities with Graphex's downstream processing expertise to solve an industry-wide supply-demand gap by delivering \u201can end-to-end supply of graphite from mine to battery\u201d with facilities to be in North America.\nFollowing the LOI
Gratomic and Graphex plan to negotiate the terms of a Joint Venture (JV)
including management and ownership structures
to jointly produce coated spherical graphite anode material for the EV/battery market.\nGraphex will license and/or contribute its technology and expertise to the JV and Gratomic will provide security of raw mineral supply
plans and expertise for building and operating the plants
Graphex has existing processing facilities in Asia and has also secured and is developing a site in Warren
Michigan that is being designed to produce 15,000 tons per annum (tpa) of battery anode material.\nSignificantly
Gratomic is the holder of 100% interests in the Aukam property in Namibia and the Buckingham property in Quebec
as well as mineral claims in Capim Grosso in Brazil
from which Gratomic intends to develop operating graphite concentrating facilities.\n\u201cGratomic shall remain entitled to enter into supply agreements with third parties for raw material not committed to the JV,\u201d noted the company.\nIn a statement
Gratomic CEO Arno Brand said: \"We\u2019ve been working diligently for a long time to find a perfect match in a downstream processing partner to enable full cycle anode inclusion of our Graphite product.\u201d\n\u201cThe collaboration between Gratomic and Graphex now brings forth a combination\u2026unmatched in its ability to present real life mining experience with real life downstream processing experience
We\u2019re very excited to move forward with our due diligence and expeditiously enter into a long-lasting relationship with Graphex,\" he added.\nMeanwhile
Graphex Technologies CEO John DeMaio said the collaboration with Gratomic opens \u201cpotential new streams of raw material to meet the coming tidal wave of demand.\u201d\nGraphite is the primary anode material in EV batteries
graphite is mined and concentrated to 95% purity by companies like Gratomic
and coated to create the critical EV battery anode material in a downstream process by firms like Graphex.\nThe supply picture for natural graphite in North America is marked by a shortfall of graphite raw material from regions outside China
and the absence of experienced downstream processing capability to transform that raw material into battery-grade anode material.\nNow the new collaboration solves both issues by providing OEMs and battery makers with a \u201ctransparent
ESG compliant supply of quality product needed to meet current and future demand,\u201d said the company.\nMeanwhile
Gratomic is working towards completing a feasibility study on its Aukam processing plant
The study will provide recommendations relating to the scale-up of the existing processing plant to a commercial scale processing facility capable of producing concentrate grades and production rates
said the company.\nGratomic holds 100% controlling interest in its Aukam Graphite Project located in southern Namibia close to the port city of L\u00fcderitz
The property is comprised of Exclusive Prospecting Licenses (EPL) 3895
(EPL) 7512 and (EPL) 7513 that cover an area of 141,600 hectares (1416 square kilometers) in the //Karas region.\nThe property hosts five underground aditsand an open pit which were mined periodically between 1940 and 1974
Five surface stockpiles from the historical mining occurred on the property and 73 composite samples were taken from the lower three stockpiles
assayed and averaged 42% Carbon as graphite (Cg).\nAssociated with the old workings are five surface stockpiles that still contain significant graphitic material
Data obtained over the past 8 years of the project has led to a better understanding of the quality and distribution of the graphite mineralization at Aukam
exploration has demonstrated significant potential for expansion of the mineralization outside the old workings
feel free to contact us via email editor@thevillager.com.na
Gratomic Inks LOI With Graphex Technologies To Produce Natural Graphite Anode Material