USA Graphite Inc. Exploration Update
LAS VEGAS, NV -- (Marketwire) -- 12/21/12 -- USA GRAPHITE INC.
(OTCQB: USGT) (or "The Company") is pleased to announce fieldwork
exploration plans at its flagship graphite project for Q1 2013.
The Company intends to conduct both a bulk sampling program and
detailed mapping study over the entire extent of the graphitic
hornfels units at its flagship Blue Wing Mountains graphite project
in the first quarter of 2013. The Company believes that metamorphism
has not altered the geologic structure of the original sedimentary
beds, resulting in major chiastolite occurrences in black,
graphite-rich politic pyroxene hornfels. The sampling program and
mapping study will further define the scope and size of the tonnage
of high quality graphite present at the Blue Wing Mountains graphite
The Company plans to use the local office of ALS Chemex in Elko,
Nevada to process the bulk samples. The data yielded from these
studies will be used to assess and define a trenching exercise
followed by an aggressive drilling campaign.
Wayne Yamamoto, the Company's CEO, comments, "We are extremely
excited to get to work on our flagship Blue Wing Mountains project.
We are committed to bring high quality graphite to commercial USA
markets. We will keep our shareholders informed with each step we
Happy holidays to all of our shareholders.
-- 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
-- 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
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, 10Qs, S-1 and others) with the Securities and Exchange
USA Graphite Inc.
Toll Free 1(888)603-3330
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