Dudley & Lac Vert-Bouthillier Graphite Project

PROPERTY DESCRIPTION AND LOCATION

Graphano has staked two sets of additional graphite claims, 5 km and 10 km south from the Lac Aux Bouleaux project, as part of the Company’s consolidation strategy. A total of 11 claims covering 600 hectares were staked and comprise the Dudley and Lac Vert-Bouthillier graphite showings.

The area is underlain by sedimentary rocks of Precambrian age, known as the Grenville Series. The main host rocks of the deposit are a sequence of paragneiss and feldspathic quartzites which strike N 80o E and dip 32o south. The gneisses are irregularly mineralized with graphite and in places contain rich concentrations of the mineral. The associated quartzites are also graphitic. A road once led from the mine site to a small mill, about 800 meters north of the deposit. The mill is now in ruins.

The development of historical graphite deposits as well as new discoveries, all within trucking distance, should allow for resource consolidation to one processing centre at Lac Aux Bouleaux.

Climate

The Mont-Laurier area has a continental temperate climate with warm humid summers and cold and snowy winters, particularly in January. There are wide temperature variations in each season. The average winter temperature in the area ranges from -4C° to -17C°, and the average summer temperature varies between 10C° to 27C° (Figure 3). Except for geological mapping and surface sampling, which is only possible when there is no snow cover on the ground, the exploration work can be carried out throughout the year.