Graphite Corp. Commences Resource Field Study in Alabama

Graphite Corp. Commences Resource Field Study in Alabama 
Company Geologists Set Out to Investigate Historic Data 
ELKO, NV -- (Marketwire) -- 11/13/12 --  Graphite Corp. (OTCQB: GRPH)
("Graphite Corp." or the "Company"), an exploration stage company
focused on the evaluation, acquisition and development of domestic
graphite mining opportunities, is pleased to announce the
commencement of detailed field work on its graphite-bearing
properties identified as the Carr and Cahaba leases comprising a
total of 3,759.6 acres located in Clay County, Alabama. 
The geological work will be led by Company President Brian Goss and
recently appointed Director Jason Babcock who will spearhead ongoing
activities focused on surface mapping and expanded sampling of
various showings and old mines as part of the preparatory efforts
leading to a drill program aimed at delivering a quantifiable
resource evaluation. 
The team anticipates arrival on-site mid-week with efforts continuing
for several weeks. As part of the trip, it is anticipated that
Company management will meet with representatives of Major Drilling
Group International Inc. (www.majordrilling.com) in order to discuss
future plans for the property.  
Initial studies have determined that the drilling program could
consist of sonic drilling equipment which employs a vibratory and
rotary drilling system commonly used to core overburden (sands,
gravels, cobbles, and earths) or friable rock formations to depths of
up to 200 meters. This system offers the best environmentally
appropriate approach offering continuous core sampling which will
delineate the resource in order to rapidly develop and initiate
commercialization plans. 
As previously noted, initial sampling was limited to an area of old
mine workings, which returned values ranging from a low of 2.2% up to
6.01% graphitic carbon in unconsolidated or semi-consolidated schist.
The average of these samples was 3.54% graphitic carbon. In addition,
it was noted that the bulk of the disseminated graphite flakes
contained in this promising location would offer a very simple
extraction and material processing scenario. The material comprised
moderate to large (+50mesh) flakes. 
Samples from the current field work will be sent to Inspectorate
(www.inspectorate.com) for
 assay analysis and will greatly enhance
our growing picture of the resource opportunity. Graphite is abundant
in the region particularly as valuable flakes dispersed within the
metamorphic rocks of the Piedmont section centered on Clay and Coosa
counties forming one of the largest graphite deposits in the United
States. The US Bureau of Mines investigated the Alabama graphite
deposits in 1940 as part of activities during the onset of WWII and
modern recovery methods disclosed reserves of over 25 million tons of
graphitic material in the area. Since WWII, extraction has been
extremely limited with almost no new exploration or investment in
either the area or industry sector. 
Company President Brian Goss states, "Developing a program for
extraction is a very specific process, and as anyone familiar with
mining will understand, this fieldwork is the next obvious step. Our
stakeholders are pleased by our actions both in the field and with
the early results of our probing historic research which is ongoing
and contains highly positive information from very creditable
sources. This field work will take care of several checkmarks on our
list of activities and moves us that much closer to the development
of a tenable resource valuation, which is a key to our future funding
and long term goals. We look forward to providing further updates as
soon as they become available." 
Additional details of the Company's business, finances, appointments
and agreements can be found as part of the Company's continuous
public disclosure as a reporting issuer under the Securities Exchange
Act of 1934 filed with the Securities and Exchange Commission's
("SEC") EDGAR database. For more information, visit our website at
www.graphite-corp.com and ensure you view our corporate video at:
http://www.graphite-corp.com/investors/presentations.  
About Graphite Corp. (OTCQB: GRPH)
 Graphite Corp. is a publicly
traded Elko, Nevada-based resource exploration stage company focused
on the evaluation and development of graphite based deposits within
the United States. The Company is positioning itself to emerge as a
leading pure-play exploration company through the development of its
current strategic land positions in Alabama and Montana straddling
the heartland of America's most significant graphite resources. The
Company's experienced geological team continues to pursue additional
prospective graphite, precious metal, and rare earth opportunities to
advance and develop into strategic assets that increase shareholder
value. For more information, visit our website at
www.graphite-corp.com. 
Note Regarding Forward-Looking Statements
 This release contains
forward-looking statements that reflect the Company's plans and
expectations. In this press release and related comments by Company
management, words like "expect," "anticipate," "estimate,"
"forecast," "objective," "plan," "goal" and similar expressions are
used to identify forward-looking statements, representing
management's current judgment and expectations about possible future
events. Management believes these forward-looking statements and the
judgments upon which they are based to be reasonable, but they are
not guarantees of future performance and involve numerous known and
unknown risks, uncertainties and other factors that may cause the
Company's actual results, performance, achievements or financial
position to be materially different from any future results,
performance, achievements or financial position expressed or implied
by these forward-looking statements. 
Contact:
GRPH Investor Relations
Phone: +1-888-278-7140
Email: investors@graphite-corp.com
Website: www.graphite-corp.com 
 
 
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