Graphano Energy Ltd. announced that the prospecting work at its Lac Aux Bouleaux Graphite Property (LAB) in Quebec has been completed and the drilling program has started. Drilling contractor Forage Hébert Inc. of Amos, Quebec, has been awarded the contract for the drill program. The Company plans to complete approximately 20 holes totaling at least 1,500 metres.

The program will focus on Zones 3 and 8 where recent surface trenching and sampling work identified significant grades and widths of graphite mineralization. Most of the drilling will be directed to Zone 3 which is approximately 500 metres long. The intent of the drilling program is to evaluate the characteristics and magnitude of mineralization in these zones.

Zone 3 Trench Highlights: 20.16% Cg over 3.68 metres, 14.65% Cg over 5.0 metres, 18.32% Cg over 3.72 metres, 14.37%; Cg over 6.0 metres and 14.10% Cg over 3.0 metres. Zone 8 Trench Highlights: 5.79% Cg over 2.0 metres and 5.72% Cg over 4.0 metres. Early in 2022, the Company completed a drilling program on Zones 1 and 4. There are eight prospective targets which have been defined on the property to date, through the Company's surface trenching and sampling programs completed in 2021 as well as a compilation of historical drilling and other exploration data.

A total of 51 channel samples were collected during the 2022 trenching program. Each channel sample from the trenching work ranged from a minimum of 50 cm to a maximum of 100 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories (ACTLABS), Ancaster, Ontario, for sample preparation and analyses using laboratories' Code 4F-C Graphitic, analyzing C-Graphite (infrared) where the sample is subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon; and C-Total (infrared).

ACTLABS is an independent commercial, accredited ISO Certified Laboratory.