USA Graphite Inc. Signs Letter of Intent for the Gordon Creek

USA Graphite Inc. Signs Letter of Intent for the Gordon Creek
Graphite Property 
LAS VEGAS, NV -- (Marketwire) -- 12/05/12 --  USA GRAPHITE INC.
(OTCBB: USGT) or ("the Company") is pleased to announce it has signed
a letter of intent to acquire the Gordon Creek Graphite Property.  
The financial terms of the transaction consists of $1,200,000 in cash
and stock and a $500,000 work program commitment. A production Net
Smelter Royalty (the "NSR") will be retained by the vendor equal to
two percent (2%) of the net smelter returns, as per the terms and
conditions of the Option Agreement. The Company shall have a one-time
right to purchase fifty percent (50%) of the NSR in the Property for
five hundred thousand dollars ($500,000).  
The project is located approximately 22 miles south of the town of
Wells, Nevada. It's accessible via the Great Basin Highway (Highway
93) which intersects Interstate 80. Excellent access to
infrastructure such as paved highways, electricity and clean water,
are readily available. The Gordon Creek Graphite Property covers over
200 acres and lies within the Eastern Humbolt Range, a Cordilleran
metamorphic core complex. This area of high-grade metamorphism has
both graphitic marble and graphitic gneiss.  
The geological unit encompasses rusty-weathering graphitic paragneiss
interlayered with graphitic marble common at the stratigraphic base
of the unit. The upper half of the unit is mostly marble, locally
graphitic or containing metachert, minor schist.  
Mr. Wayne Y. Yamamoto, President and CEO of USA Graphite, said, "We
hope to complete the transaction in short order and execute on a
broad exploration campaign to quantify the extent of graphite in this
About Graphite:  

--  Graphite is used in refractories -- used to line high-temperature
    equipment; pencils; lithium-ion batteries -- used in consumer
    electronics and electric vehicles, including the Nissan Leaf, Tesla
    Model S and others; fuel cells; and Pebble Bed nuclear reactors. It is
    used in foundries, lubricants and brake linings.
--  Graphite is also used to produce graphene, a tightly packed single
    layer of carbon atoms that can be used to make inexpensive solar
    panels, powerful transistors, and even a wafer-thin tablet that could
    be the next-generation iPad* or iPod*.
--  Graphene, extremely light and strong, has been called the world's next
    wonder material.
--  The closure of graphite mines in China, which produces 75% of the
    world's graphite, has resulted in a fall in global graphite production
    to 1.3 million tonnes per annum in 2011. Like rare earths, China is
    restricting the export of graphite to protect its own domestic
    industries. The second largest producer is India, followed by Brazil,
    North Korea, Austria and Canada.

*trademarks of Apple Inc. 
About USA Graphite:  
USA Graphite is a publicly traded US exploration company focused on
the acquisition, exploration and development of world-class graphite
properties in North America. USA Graphite intends to become a
domestic (US) graphite supplier. The USGS has reported that the USA
has been a 100% net importer of graphite over the last 5 years,
sending billions of dollars out of America. USA Graphite has holdings
in Nevada, offering considerable potential for the discovery and
development of large flake, high-grade graphite, whereby
mineralization is exposed at surface and clearly evident at economic
depths. For additional information please visit 
"Safe Harbor" Statement:  
Under The Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. Notice Regarding Forward Looking Statements -This
press release includes forward-looking statements that involve a
number of risks and uncertainties, including the success of the
programs it is commercializing and developing. Further, the risks
involve the ability of the Company to raise capital to fund its
operations and the capital requirements for the development and
marketing of its products. Investors are encouraged to review the
risk factors listed or described from time to time in the Company's
filings (10K, 10Q's, S-1 and others) with the Securities and Exchange
USA Graphite Inc.  
Investor Relations
Toll Free 1(888)603-3330 
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