Graphano Energy (TSXV:GEL) Receives Final Airborne Survey Report for Black Pearl Claims

Vancouver, British Columbia — February 26, 2026 — Leads & Copy —

Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) (OTC Pink: GELEF) has received the final report for its helicopter-borne airborne magnetic (“MAG”) and time-domain electromagnetic (“TDEM”) survey completed over the Black Pearl claims in Québec.

The final interpretation outlines an approximately 6.5-kilometer conductive trend across the survey area, with five distinct conductive target areas prioritized for initial follow-up exploration. The airborne results expand and refine the conductive footprint previously reported at Black Pearl, including a dominant conductor previously interpreted over approximately 1.2 kilometers in the discovery area. Preliminary results from the program were announced on January 16, 2026.

Prior drilling within the discovery area returned multiple near-surface graphite zones (core lengths), including 11.33% Cg over 8.61 meters (BP25-01), 4.81% Cg over 12.25 meters including 6.63% Cg over 7.07 meters (BP25-06), and 7.37% Cg over 4.70 meters (BP25-03). Surface work at Black Pearl has included strong channel sample results, including 15.1% Cg over 14 meters and 17.9% Cg over 9 meters.

Dr. Luisa Moreno, CEO of Graphano, said the final airborne report is a turning point for Black Pearl. Moreno said the company now has a clear, property-scale picture of conductivity and structure, including a 6.5-kilometer trend with five discrete target corridors. Pairing that with the high-grade surface channels and the near-surface drill intersections already delivered gives the company a compelling roadmap to go straight to the most prospective ground and start building momentum with systematic prospecting and follow-up work, Moreno added.

The final report provides a complete set of processed MAG and TDEM products and an updated interpretation to support target selection and field follow-up. The interpreted results define an approximately 6.5-kilometer conductive trend and identify five priority conductive target areas for further exploration.

Graphano will integrate the final interpretation with existing geology, trenching/channel sampling, and drilling information to refine target ranking and guide next-stage work.

The Company plans to initiate prospecting and field reconnaissance over the five priority target areas, including mapping and sampling, with the objective of confirming the source of conductivity and advancing the highest-priority targets toward additional ground geophysics and/or drill testing.

Black Pearl is a large property (previously reported as 84 claims covering approximately 4,149 hectares) and remains largely unexplored outside the current drill-tested area. The Company has also noted that the mineralization occurs within a geological setting considered comparable to major graphite deposits in the Lac des Iles region, supporting the potential for continued discovery along conductive trends.

Roger Dahn, B.Sc., P.Geo., a director of the Company and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical content disclosed in this press release.

Graphano Energy Ltd. is focused on evaluating, acquiring, and developing energy metals resources from exploration to production. The Company’s Lac Aux Bouleaux property, situated adjacent to Canada’s only producing graphite mine, in Québec, Canada, has historically been an active area for natural graphite.

Graphite is required for a green and sustainable world and the Company is developing its project to meet the demands of the future.

Source: Graphano Energy Ltd.

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