Graphano Energy Ltd. announced that all assay results from the 2023 spring trenching program at the historical Standard Mine Project have been received. Graphano owns a 100% interest in four graphite properties in the Lac-Aux-Bouleaux ("LAB") mine region - all are within trucking distance to allow for the Company's resource consolidation strategy to feed a
centralized processing plant at LAB. The historical resource at LAB, the recently announced Zone 3 discovery at LAB and continued exciting results from the Standard Mine Project re-enforce the economic potential of this consolidation strategy. The spring trenching program at the Standard Mine Project has intersected very significant graphite mineralization and successfully extended the mineralized zone by more than a 225-metre length. Trenching and drilling completed to date have discovered three major zones of mineralization which have been tested from surface to a maximum vertical depth of approximately 60 metres locally and remain open in all directions for further expansion. The mineralized zones have an interpreted combined length of more than 1,300 metres. A total 111 channel samples and four grab samples were collected from nine separate trenches during the 2023 spring program. Each channel sample from the trenching work was 100 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. All grab and channel 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.