Graniz Mondal Inc. (TSX VENTURE:GRA.H) (the "Company" or "Graniz Graphite") is
pleased to announce wide intercepts of graphite mineralization at the Brunet
graphite deposit located 28 miles from North America's only graphite producer
IMERYS TIMCAL near Mont-Laurier. Dr Berthe Lambert, Chairman, comments: "The
initial drilling results will add significant new tonnage to the Brunet large
flake graphite deposit. The most interesting development is the discovery of a
new graphite zone at the 100 metre level that was not identified in historical
data. The drilling program should allow us to confirm that we are in front of a
large flake graphite body similar to IMERYS TIMCAL's deposit 28 miles west of
our mine. Also, there is a breakthrough, graphene can be produced from large
flake graphite".


The following drill holes were emplaced to determine the outer boundaries of the
Brunet Large Flake Graphite mine:




Vertical Drill From (Metres)    To (Metres) Length (Metres) % Cgr (Graphitic
 Hole                                                                Carbon)
2013-120                38,3           88,0            49,7             7,21
                       102,4          132,0            29,6             4,00
2013-122                45,9           48,4             2,5             6,36
                        65,1           70,1             5,0            11,73
                        92,5          111,1            18,6             8,30
2013-123                 6,6            8,6             2,0            10,75
                        11,7           13,3             1,6            13,15
                        38,0           45,0             7,0            18,77
                        51,1          115,0            63,9             5,08
2013-124                 3,0           14,8            11,8             2,35
                        26,8           29,6             2,8             5,97
                        75,0           84,0             9,0             2,30
2013-125                 6,7           11,6             4,9            10,73
                        21,8           23,7             1,9             7,83
                        45,7           52,2             6,5             2,78
                       109,0          122,8            13,8             2,66
2013-126                32,6           72,0            39,4             4,86
                        74,0           92,0            18,0             1,73
                       100,0          118,0            18,0             1,21



Sampling including the addition standardized reference material and blanks was
carried out at Ste-Veronique's coreshack and samples were shipped to ALS
Minerals lab in Val d'Or for graphitic carbon assaying. Donald Theberge P.
Geo.Eng., has managed the Winter 2013 exploration program and is a Qualified
Person as defined by National Instrument 43-101. Drilling, logging and sampling
are carried out under the supervision of Yvan Bussieres P. Geo.Eng., a NI 43-101
Qualified Person. Mr Bussieres is also responsible for the sampling protocol.
The Company anticipates receipt of the assay results on an ongoing basis over
the next 6-8 weeks.


Graniz's Board of Directors also announces that Donald Theberge has withdrawn
himself from the Board and as CEO of Graniz. The members of the Board thank Mr
Theberge for his hard work and commitment to the Company over the past five
years. Mr Theberge will act as Senior Geologist for the exploration program and
as consultant for Graniz Graphite. The Board has named Berthe Lambert as the
Company's new CEO. 


The foregoing information may contain forward-looking statements relating to the
future performance of Graniz Mondal Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from the plans and
expectations of Graniz. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by Graniz with the TSX
Venture Exchange/NEX and securities regulators. Graniz does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law. 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 release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved
the information contained herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations :
R.M. Lacasse
418-564-8834
http://granizmondal.com/

(TSXV:GRA.H)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more  Charts.
(TSXV:GRA.H)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more  Charts.