Standard Graphite Project

1. High grade near surface resource, with proven historical production

2. Economic proximity to a processing plant

3. Great Infrastructure, low development capital risk

4. Resource expansion upside

Facts about the Property

The Standard Property is one of Graphano Energy Ltd.’s flagship graphite development asset, strategically positioned in southern Quebec’s historically productive graphite region. Located directly adjacent to the former Standard Mine, which operated successfully during the mid-20th century, the property demonstrates proven graphite potential with modern development advantages.

The land package encompasses multiple historical workings and a near-surface graphite resource, with several high-grade zones and consistent mineralization quality. The property serves as a cornerstone in Graphano’s strategy to establish a secure North American graphite supply chain for the rapidly expanding electric vehicle and energy storage markets.

Key Property Highlights

Strong Resource Foundation

• High-grade resource with historical production validation
• Multiple high-grade zones identified through drilling
• Near-surface geology ideal for cost-effective extraction

Strategic Location Benefits

• Economic proximity to existing processing infrastructure
• Located in Quebec’s established mining-friendly jurisdiction
• Direct adjacency to historically productive Standard Mine site
• Access to regional graphite processing expertise and facilities

Infrastructure Advantages

• Excellent year-round road access
• Established regional infrastructure supporting mining operations
• Low development capital expenditure risk profile
• Proximity to major transportation networks and markets

Resource Estimation and Growth Opportunities

The Standard Property comprises of an Indicated Resource of 950,000 tonnes at 6.27% carbon graphite and an Inferred Resource of 980,000 tonnes at 7.16% carbon graphite. The higher-grade Inferred Resource supports the expansion potential, while the resource profile and grade distribution support commercial development planning. Combined with strong metallurgical performance, these estimates establish a solid foundation for advancing the Standard Property toward feasibility and production.

Resource expansion potential remains prominent to the northeast as demonstrated by hole ST23-31 which returned a very significant intersection grading 6.1% Cg over 13.06 metres at a vertical depth of 15 metres. This mineralization remains open for expansion at depth and to the northeast. Additional expansion potential also exists in the near surface stacked mineralized zones located between the western and eastern limbs of the antiformal fold structure.

Metallurgical Performance

Recent metallurgical testing has demonstrated great processing characteristics that validate the Standard Property’s commercial potential:

• Concentrate Grade: 94% carbon graphite (Cg) achieved in initial testing
• Recovery Rate: 93% graphite recovery demonstrated
• Optimization Potential: Additional testing expected to achieve higher grades and recoveries

These results position the Standard Property among the highest-quality graphite resources in North America, with metallurgical performance comparable to established global producers.

Property Acquisition and Management

The Standard claims were secured through an option agreement with Mr. Daniel St-Pierre (announced June 28, 2022), providing Graphano with exclusive rights to acquire 100% ownership of the property. This strategic acquisition was followed by the engagement of St-Pierre Exploration Enr. to manage initial exploration activities, leveraging local expertise and historical knowledge.

Operational History

• Commercial graphite production from 1923 to 1930
• Operations terminated due to graphite price collapse during 1929 market crash

Development Outlook

The Standard Property combines historical validation with modern exploration success, creating a compelling development opportunity in North America’s limited graphite landscape. With proven metallurgy, excellent infrastructure, and strategic location advantages, the property is positioned to advance rapidly from resource definition to production. Ongoing exploration efforts focus on expanding the known resource base while advancing metallurgical optimization to maximize both grade and recovery performance.