Standard Graphite Corp.: Drilling Confirms New Graphite Zone and Expands Resource Potential at Mousseau East Project

Standard Graphite Corp.: Drilling Confirms New Graphite Zone and Expands 
Resource Potential at Mousseau East Project 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/29/13 -- Standard
Graphite Corp. (TSX VENTURE:SGH)(OTCQX:DARDF) (the "Company") is
pleased to report that the assay results from the 2012 drill program
on the newly discovered Oat Zone confirms graphite mineralization
(see press release September 11, 2012). 
Chris Bogart, President and CEO of Standard comments: "The Oat Zone
discovery is very critical for the development of the Mousseau East
Project and we believe will contribute significantly to the expansion
of the resource potential on the project. We are now confident that
following this next program, Standard will have obtained sufficient
geological information to conduct a resource estimate and move the
project to its next stage of development."  


 
Oat Zone Drilling Results                                                   
----------------------------------------------------------------------------
                    Depth                                                   
           ----------------------                                           
Drill Hole    FROM (m)     TO (m)   Intersection(i) (m)        Graphite Cg %
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
M12-19           22.00      28.80                  6.80                 5.69
----------------------------------------------------------------------------
M12-20           44.50      64.60                 20.10                 5.73
----------------------------------------------------------------------------
Incl.            44.50      53.20                  8.70                 3.32
----------------------------------------------------------------------------
Incl.            55.60      64.60                  9.00                 9.60
----------------------------------------------------------------------------
M12-21              NS         NS                    NS                   NS
----------------------------------------------------------------------------
M12-22           36.4
0      41.50                  5.10                 1.65
----------------------------------------------------------------------------
                 46.90      50.20                  3.30                 1.55
----------------------------------------------------------------------------
M12-23           40.00      50.00                 10.00                 2.41
----------------------------------------------------------------------------
M12-29            4.10      23.30                 19.20                 3.62
----------------------------------------------------------------------------
                 40.80      47.20                  6.40                11.80
----------------------------------------------------------------------------
M12-30            3.70      32.10                 28.40                 4.08
----------------------------------------------------------------------------
M12-31            4.00      23.00                 19.00                 6.49
----------------------------------------------------------------------------
(i) Measured intercept along core axis not necessarily representative of    
 true width.                                                                

 
The Oat Zone has now been traced over a strike length of 500m, shows
significant widths and is known to crop-out to surface. Current
geological interpretation of the Oat Zone concludes that is probably
made up of several graphitic horizons and this model will need to be
validated with further drilling. 
To view a map of the results please click here: 
http://www.standardgraphite.com/i/pdf/oatzone.pdf   
A follow-up drill program has being planned for the Oat Zone and will
commence upon permitting. The first objective will aim at testing the
direct extensions of the wider graphitic horizons intercepted during
the reconnaissance phase and secondly, to test areas with similar
conductivity and geometry as that characterizing the main zone at
Mousseau East for the possibility of hosting graphitic rocks. 
The Mousseau East Property was acquired by Standard Graphite in April
of 2012 (see press release April 24, 2012) and is located some 40
kilometres northeast of the town of Mont-Laurier in northwestern
Quebec and within 50 kilometres of Timcal Canada Inc.'s producing
Lac-des-Iles Graphite Mine, which is currently the larger of the two
producing mines in North America. 
Antoine Fournier P. Geo., manages Standard's exploration and
development programs and is the Qualified Person as defined by
National Instrument 43-101. He supervised the preparation of the
technical information in this release. 
About Standard Graphite 
Standard Graphite Corp is focused exclusively on the exploration and
development of a large portfolio of flake graphite properties in
Canada. The company is rapidly positioning itself as North America's
premier pure-play graphite exploration company and it controls 100%
interest in 13 highly prospective graphite properties within known
graphite districts in both Quebec and Ontario. An aggressive 2012
exploration strategy has commenced and will be implemented by a
geologic team with the pedigree of a previous world-class graphite
discovery. 
ON BEHALF OF THE BOARD 
Chris Bogart, President & CEO 
Cautionary Statement: 
The foregoing information may contain forward-looking statements
relating to the future performance of Standard Graphite Corp.
Forward-looking statements, specifically those concerned with future
performance are subject to certain risks and uncertainties, and
actual results may differ materially. These risks and uncertainties
are detailed from time to time in Standard Graphite Corp.'s filings
with the appropriate securities commissions. 
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. 
Contacts:
Standard Graphite Corp.
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
info@standardgraphite.com
www.standardgraphite.com
 
 
Press spacebar to pause and continue. Press esc to stop.