Latest news with #LuisaMoreno
Yahoo
28-05-2025
- Business
- Yahoo
Graphano Encouraged by Positive Developments at Black Pearl Graphite Discovery
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) ("Graphano" or the "Company") is pleased to announce the completion of the current phase of exploration on the Black Pearl graphite property in Québec, Canada. The program has successfully advanced Black Pearl to drill-ready status and expanded its size potential. Current interpretations indicate a folded trend approximately 1.2 kilometres in length, containing multiple graphite related conductive zones over surface widths of up to 300 metres (Figure 1). The mineralized trend remains open to the north. Graphano's next step will be to conduct additional ground geophysical surveys to further delineate the potential of this significant discovery prior to first-phase drilling. FIGURE 1: Black Pearl Compilation and Interpretation(Note: All channel sample results reported are based on bedrock surface widths, true widths of mineralization will be determined with drilling programs.) To view an enhanced version of this graphic, please visit: The Black Pearl discovery was made by Graphano in 2024 through basic prospecting methods. Channel sampling from the initial discovery returned significant grades and thicknesses of graphite mineralization such as 15.1% Cg over 14 metres (m) and 17.9% Cg over 9 m (see Graphano news release of July 16, 2024). The geologic setting of this previously unexplored area is similar to the major graphite deposits of the Lac des Iles region. The current exploration program carried out by St-Pierre Exploration of Amos, Québec, consisted of line cutting, ground electromagnetic surveys (Max-Min II and VLF-EM), prospecting and mechanical stripping of bedrock. To date, approximately 7 kilometres of line cutting and ground geophysics have been completed. Bedrock stripping during the current program has uncovered high grade graphite zones, ranging from 0.5 to 2.0 m in thickness, over an approximate strike length of 100 metres between L400N and L500N (Figure 1). Channel sampling results are currently pending for this mineralization. Luisa Moreno, CEO of Graphano, stated: "We are very encouraged by the continued progress at Black Pearl. Advancing the project to drill-ready status and identifying multiple conductive graphite zones confirms the strong potential of this discovery. Our team will now focus on further defining the mineralization through geophysics and drilling. Black Pearl is shaping up to be a valuable asset in our growing portfolio and strengthens our strategy to become a key supplier of high-quality graphite for the electric energy transition and expansion." About St-Pierre Exploration St-Pierre Exploration is a Québec-based geological services firm headquartered in Amos. The company provides field support, project design, and technical expertise for mineral exploration programs across the province. About Graphano Energy Graphano Energy Ltd. is an exploration and development company focused on evaluating, acquiring, and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals required for a green and sustainable world. The Company's Lac aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Québec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its project to meet the demands of the future. ON BEHALF OF THE BOARD OF DIRECTORS, Luisa MorenoChief Executive Officer and Director E: info@ 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. Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, further exploration at the Black Pearl graphite discovery and the Company potentially becoming a supplier of graphite. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-05-2025
- Business
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Graphano Engages Mercator for NI 43-101 Resource Estimate and Launches Exploration at Black Pearl Project
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2025) - Graphano Energy Ltd. (TSXV: GEL) (OTC Pink: GELEF) (FSE: 97G0) ("Graphano" or the "Company") is pleased to announce that it has engaged Mercator Geological Services Limited ("Mercator"), an independent geological consulting firm based in Dartmouth, Nova Scotia, to prepare a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate. Concurrently, the Company has initiated an exploration program focused on the Black Pearl graphite property in Québec, Canada. Engagement of Mercator Geological Services The engagement of Mercator marks a significant milestone for Graphano as the Company advances toward development of its several mineral projects. The resource estimate will incorporate both recent and historical exploration data, including Graphano drilling programs conducted between 2021 and 2024. It will cover three of the eight mineralized zones at the Lac Aux Bouleaux project – Zone 1, Zone 3, and the Historical Pit – as well as the Standard Mine project. The resulting NI 43-101 resource estimates will serve as the foundation for upcoming technical and economic studies and planning for a producing future. "We are pleased to work with Mercator, a firm with deep experience in NI 43-101 resource reporting," said Dr. Luisa Moreno, President and CEO of Graphano. "This step is critical in demonstrating the value of our assets and positioning the Company for the next phase of growth. Coupled with our new exploration efforts at Black Pearl, we are laying the groundwork for long-term resource expansion and shareholder value." Black Pearl Exploration Program Underway In parallel with the resource estimation work, Graphano has commenced an exploration program, which targets a new graphite discovery made by Graphano in 2024 on the Black Pearl graphite property. As reported by Graphano on July 16, 2024, the new graphite discovery returned surface channel sample results including 15.1% Cg over 14 metres (m) and 17.9% Cg over 9 m. This discovery of important grades and thicknesses of graphite mineralization within geological units, similar to the major graphite deposits of the Lac des Iles region, confirm the excellent potential of this previously unexplored area. The current program, carried out by St-Pierre Exploration of Amos, Québec, is focused on delineating the extent of the kilometre-long mineralized trend, with the objective of advancing the zone to drill-ready status. "Black Pearl is an exciting grassroots discovery with potential to host a large and high-grade graphite system," added Dr. Moreno. "We're acting quickly to define its scale and incorporate it into our broader development strategy." Black Pearl Discovery Highlights (News Release July 16, 2024) Discovered through prospecting by St-Pierre Exploration of Amos, Québec. 42 channel samples collected within an approximate 1,200 m2 stripped bedrock area averaged 13.2% graphitic carbon (Cg). Channel sample results include 15.1% Cg over 14 m and 17.9% Cg over 9 m. Grab samples of mineralized bedrock from hand dug trenches 700 malong trend to the northeast of the discovery stripping area returned grades of 20.1% Cg and 15.6% Cg. The Black Pearl graphite trend has been outlined by prospecting and limited ground geophysical surveys for an approximate strike length of 1,000 m and remains open. The geophysical surveys indicate a wide conductive corridor (75 to 150 m in width) hosting multiple anomalies associated with graphite mineralization. The immediate extensions of this recently discovered prospective trend, as well as the remainder of the claim group remain unexplored to date. (Note: All channel sample results reported are based on bedrock surface widths, true widths of mineralization will be determined with drilling programs). About Mercator Geological Services Mercator is a Canadian consulting firm specializing in geological modeling, mineral exploration, and preparation of NI 43-101 compliant technical reports across a broad range of commodities. About St-Pierre Exploration St-Pierre Exploration is a Québec-based geological services firm headquartered in Amos. The company provides field support, project design, and technical expertise for mineral exploration programs across the province. About Graphano Energy Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The Company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its project to meet the demands of the future. ON BEHALF OF THE BOARD OF DIRECTORS, Luisa MorenoChief Executive Officer and Director E: info@ 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. Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the preparation and timing of the NI 43-101 compliant mineral resource estimate; the use of such estimate for future technical and economic studies; the advancement of the Black Pearl property to a drill-ready status; the potential of the Black Pearl graphite trend; expectations regarding resource expansion and shareholder value; and the Company's development plans and market outlook for graphite. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws. To view the source version of this press release, please visit
Yahoo
16-04-2025
- Business
- Yahoo
Why it's nearly impossible for America to meet its rare-earth needs after China's export restrictions
A previous version of this story identified Luisa Moreno as president of Defense Metals Corp. She is the former president and current director of the company. China has managed to hit the U.S. where it hurts the most in response to the Trump administration's tariffs, with restrictions on global exports of seven rare-earth elements that the U.S. has little ability to produce or refine. Americans are 'doom buying' coffee, olive oil and soap. What's the one thing I should stockpile to avoid tariff price hikes? I begged my adviser to sell amid the market turmoil. He dragged his feet and I lost $20,000. Do I have any recourse? S&P 500 tallies its first 'death cross' in 3 years. Here's what happens next. 'Are we out of our minds?' My husband and I are in our 70s. Should we use $600K of our savings to buy our dream home? Why this strategist is expecting a lost decade for U.S. stocks, even without a recession In the near term, it's not possible for the U.S. to meet its own needs for the rare earths included under China's export restrictions, said Luisa Moreno, a director at Defense Metals Corp. CA:DEFN, a mineral-exploration firm focused on the acquisition of rare-earth mineral deposits. The U.S. produces virtually 'none of the materials that have just been restricted,' and China cannot be completely replaced as provider for these, she said. The U.S. can try to source some of these materials from other countries, but that is not really an option for the 'heavy' rare earths — which have a higher atomic number, are less abundant and are more difficult to extract. Earlier this month, China implemented 'export control measures' on certain rare earths: samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium. In a tweet, China's Ministry of Commerce said it aims to better safeguard national security and interests, wording reminiscent of U.S. President Donald Trump's executive order from March 20 to increase American production of critical minerals to enhance national security. The ministry's tweet did not mention the U.S. specifically, and according to reports, the export controls have led to a pause in global exports of these rare earths. The fact that the export restrictions target heavy rare earths is 'really significant, because China processes near 100%' of these, making the U.S. particularly vulnerable, said Gracelin Baskaran, research director at the Center for Strategic and International Studies, during a press briefing held on Zoom Tuesday. 'We currently do not have any capability to do this domestically.' China's restrictions are not actually a ban on the exports of these rare earths to the United States, she said. There's a 'runway of export policies,' Baskaran said, that generally start with 'non-automatic licensing.' That means Chinese exporters need to apply to get a license to export a given good. Next there are quotas and tariffs, and the final level of restriction would be a total ban. The licensing system hasn't been rolled out, so there will be a pause in China's exports of these goods while that happens, she said. Jena Santoro, senior manager of intelligence solutions at Everstream Analytics, said a short-term supply disruption is expected as exporters 'apply for new licenses and shipments remain stuck at Chinese ports, while the government creates the new regulatory enforcement system.' It's expected to take at least 45 days from April 13 for new export licenses to be issued and shipments to resume as normal, she said. Rare earths have a wide range of technological uses. They are crucial components of smartphones, spacecraft, electric cars and medical devices such as magnetic resonance imaging machines. Heavy rare earths, in particular, are 'absolutely vital for our defense,' said Baskaran. They're used in F-35 fighter jets, submarines and Tomahawk missiles. China's move comes just weeks after the U.S. Air Force said it awarded a contract to Boeing BA to lead development of the F-47, the world's first sixth-generation fighter aircraft. The F-35 combat aircraft requires more than 900 pounds of rare-earth elements, while an Arleigh Burke DDG-51 warship requires 5,200 pounds, and a Virginia-class nuclear-powered submarine needs 9,200 pounds, according to the U.S. Department of Defense. Reuters reported on April 11 that Chinese exports of seven rare earths stopped on April 4. That helps explain the recent drop in the S&P 500 Aerospace & Defense stock index XX:SP500.20101010, according to a note Monday from Ed Yardeni, president of Yardeni Research. The index saw a nearly 6% decline from its record high on March 25 through the close on April 11. Even before these restrictions, the U.S. defense sector 'industrially has struggled with limited capacity and limited surge capacity to respond in the instance of conflict,' Baskaran said. These restrictions on rare earths 'will only widen that gap,' she said, because while the U.S. does have limited stockpiles, 'they will not tide us over forever, and it enables China to strengthen its military capabilities faster than the United States. So that has profound consequences.' A lot of our 'capabilities are quite nascent,' said Baskaran. That was only 'further compounded' in December 2023, when China banned the export of technologies for making rare-earth magnets, according to Reuters. 'It's not just a capital problem. It's a know-how problem' for the U.S. and other countries, Baskaran said. In the U.S., the Mountain Pass Rare Earth Mine, owned by MP Materials Corp. MP, is the nation's only active rare-earth mining and processing facility. The reality is that the U.S. produces less than 1% of the world's rare earths, said Baskaran. And on the processing side, 'there are parts of the rare-earths supply chain … that we never actually learned how to do,' such as the solvent extraction technology used to separate rare-earth elements, she said. 'So there's an element of this getting up to speed on the technical side that we're doing in parallel to constructing capabilities, in addition to issuing the capital.' Could the U.S have known that these issues would emerge given China's dominance in rare earths? The short answer is yes, according to Baskaran. 'We've had a long runway, and our inaction is ultimately giving China very, very powerful currency at the negotiating table,' she said. Ultimately, the U.S. will 'need to source rare earths from elsewhere.' The Trump administration has a clear understanding of that, and acknowledges it, she said. 'That's why we've seen rare earths feature prominently in the context of places like Ukraine and Greenland.' The Financial Times recently reported that the Trump administration is drafting an executive order to create stockpiles of deep-sea critical metals to offset China's dominance in the sector. Critical metals include rare earths, as well as other metals essential for economic and national security. For the U.S. to be able to produce its own heavy rare earths, it may take five to 10 years in the best-case scenario, Defense Metals Corp.'s Moreno said. The U.S. has to stay focused and continue to invest in companies like Australia's Lynas Rare Earths Ltd. AU:LYC and 'upstream' industries such as exploration and production, she said. For now, restrictions on these materials will lead to higher prices for consumer products that depend on them, including electric motors, toys, wind turbines, electric vehicles and medical equipment, Moreno said. U.S. consumption of these materials is 'largely indirect' because China controls much of the global supply chain, she said. That means American consumers will primarily feel the impact through tariffs on Chinese imports, she said. Meanwhile, in the case of military equipment, 'increased defense spending to secure these materials may come at the expense of funding for social services, infrastructure and other public needs,' said Moreno. 'The whole thing feels predatory': My grandma, 97, pays $170 a month for a $10,000 life-insurance policy. Should we stop payments? Bond market is the Achilles' heel of Trump's 'big, beautiful' budget bill, say investors 'My house and car are paid off': I have $1 million in stocks — so where do I invest $100,000? Stocks that benefit from chaos are helping a husband-and-wife investing duo beat the competition I'm administrator of my sister's estate. Her bank won't tell me the names of her beneficiaries. Is that legal?
Yahoo
15-04-2025
- Business
- Yahoo
Graphano Receives Exploration Work Authorisations for all Quebec Properties
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - Graphano Energy Ltd. (TSXV: GEL) (OTC Pink: GELEF) (FSE: 97G0) ("Graphano" or the "Company") is pleased to announce that it has received "Autorisation de Travaux à Impact" ("ATI"), the authorization of impact-causing exploration work from the Ministère des Ressources naturelles et des Forêts ("MRNF") for all its Québec-based properties: Lac Aux Bouleaux, Standard Mine, and Pearl Noir (Black Pearl). "We are pleased to have secured all necessary ATI approvals for our Québec properties", said Dr. Luisa Moreno, CEO of Graphano. "This milestone reflects our commitment to responsible exploration and adherence to Québec's regulatory framework. With these authorizations in hand, we are well-positioned to advance our exploration initiatives and unlock the potential of our high-quality graphite assets." These ATI approvals encompass all designated exploration zones and newly identified discovery targets across the three properties, enabling the Company to proceed with its 2025 field programs. Government Authorizations for Exploration In May 2024, Québec introduced new exploration permitting requirements to enhance transparency and incorporate community feedback into mineral exploration activities. Under these regulations, mining companies must obtain ATI from the MRNF before conducting certain exploration activities that may impact the land, such as drilling, trenching, bulk sampling, and rock stripping. The ATI process involves (i) submitting detailed work plans, and (ii) engaging with local municipalities and Indigenous communities to gather and address their questions and comments. This collaborative approach aims to balance resource development with environmental stewardship and community interests. 2025 Exploration Program Graphano is preparing to commence its exploration campaigns this quarter, focusing on trenching, targeted sampling, and drilling to further delineate graphite mineralization across its holdings. The Company remains dedicated to conducting its operations responsibly, with ongoing engagement with local communities and stakeholders. About Graphano Energy Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The Company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its project to meet the demands of the future. ON BEHALF OF THE BOARD OF DIRECTORS Luisa MorenoChief Executive Officer and Director E: info@ 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. Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, upcoming exploration campaigns aimed at further delineating graphite mineralization on the Company's properties, and ongoing engagement with communities and stakeholders. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Northern Graphite and Graphano Energy Announce Strategic Collaboration for Graphite Resource Development
Ottawa, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) ("Northern") and Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) ("Graphano") are pleased to announce an agreement to share technical knowledge and expertise to further the exploration and development of their respective properties in a more consolidated and efficient manner with increased opportunities for success. The agreement covers Northern's Lac des Iles ("LDI") graphite mine and processing facility, currently North America's only producing graphite mine, and Graphano's Lac Aux Bouleaux ("LAB") and Standard properties. The LAB Property is contiguous to the LDI graphite mine and covers the southern extensions of the productive graphite horizons and the Standard property is between Northern's Mousseau West exploration project and the LDI plant. The companies intend to share geological, geophysical, and metallurgical data and technical expertise to advance graphite exploration and development in the area with the goal of expanding resources that can be processed at the LDI plant. Northern and Graphano will cooperate on resource modeling, drilling programs, metallurgical testing, and potentially future production sharing arrangements. Both companies are committed to a collaborative approach that enhances operational efficiencies and supports the long-term development of critical mineral resources in Canada. All exploration costs will be borne by the owners of each property. "This partnership is a natural step and a win/win for both companies," said Northern Chief Executive Officer Hugues Jacquemin. "The combination of our processing capacity and knowledge of graphite deposits in the area with Graphano's promising graphite assets could increase the odds for success and potentially create new sources of ore for the LDI plant while shortening Graphano's timeline to cash flow and production. At the same time, it represents a more efficient and consolidated approach to graphite exploration and development in the area that could help meet rising global demand while reinforcing Canada's role as a reliable supplier of critical materials." Graphano CEO and President Dr. Luisa Moreno echoed these sentiments: "We are excited to work alongside Northern to accelerate the development of our graphite assets. This agreement helps to not only shorten our development timeline and lower capital costs but also aligns with our vision of enhancing Canada's capacity to meet growing global demand for clean and sustainable graphite." About Northern GraphiteNorthern, the only flake graphite producing company in North America, is a Canadian, TSX Venture Exchange listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Northern's mine-to-battery strategy is spearheaded by its Battery Materials Division, which has a fully equipped, state-of-the-art laboratory in Frankfurt. The Division is focused on developing advanced anode materials to improve the cycle life and increase the charging rate of lithium-ion batteries and on marketing Northern's patented Porocarb® product. Porocarb® is a carbon-based material that enhances the performance of both solid state and lithium-ion batteries and is currently being evaluated by leading global battery manufacturers with very positive results. Northern's graphite assets include the producing Lac des Iles mine in Quebec where Northern plans to increase production to meet growing demand from industrial customers and coming demand from North American battery makers. Northern also owns the large-scale, advanced stage Bissett Creek project in Ontario, the Mousseau project in Quebec and the fully permitted Okanjande graphite mine in Namibia. Okanjande is currently on care and maintenance and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions. About Graphano Energy Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. Graphano's Lac aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, Graphano is developing its projects to meet the demands of the future. For Northern media inquiries:Pav Jordan, VP of CommunicationsEmail: pjordan@ For additional information on Northern:Please visit Northern's website at the Company's profile on the Social Channels listed below or contact Northern at (613) 271-2124. LinkedIn YouTube Twitter Facebook For Graphano media inquiries:Jay Richardson, CFO and DirectorEmail: info@ For additional information on Graphano:Please visit Graphano's website at the Company's profile on or contact Graphano at (416) 410-5297. Cautionary Note Regarding Forward-Looking Statements This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this news release include statements regarding, among others, the exploration and development collaboration between Northern and Graphano and the expected benefits thereof, the Company's plans to increase output at LDI and development plans with respect to the Okanjande mine in Namibia, the Bissett Creek and Mousseau projects in Ontario and its planned Baie-Comeau Battery Anode Material plant. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations and the inability to raise required financing. Readers are cautioned not to place undue reliance on forward-looking information or statements. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release. Neither the 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 news release. To view the source version of this press release, please visit
