Graphite Corp. Reports Over 20% Mineral Grades From Key Assay Results at Montana Property

Graphite Corp. Reports Over 20% Mineral Grades From Key Assay Results at 
Montana Property 
Company Receives Overall Favorable Assay Results From Field Study in
Alabama and Montana 
ELKO, NV -- (Marketwire) -- 02/05/13 --  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 very pleased to announce the
results of initial samples from a recent field study on its Alabama
and Montana properties. 
The study of graphite-bearing mineralization was undertaken at the
3,759.6 acre Carr and Cahaba leases located in Clay County, Alabama
and at the approximately 1,700-acre Crystal Graphite property located
in Beaverhead County, Montana. 
The Alabama samples were consistent with prior observations including
historic reports from the U.S., Bureau of Mines. The majority of
samples were taken in strongly weathered rocks that are very soft and
offer simplified production scenarios due to ease of extraction. The
samples were taken from several localities throughout the property
and the uniformity of grades over 2% crystalline flake graphite
offers very promising economics for scalable production.  
In Montana, the >20% samples are significant 
and very promising with
high grades right at surface. The material is amorphous graphite as
opposed to the crystalline flake found in Alabama. The incidence of
high grade percentages easily supports development efforts aimed at
production.  
SAMPLE RESULTS 


 
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          Graphite Corp. Final Report - Job No: 12-338-09410-01         
     Alabama Area 1          Alabama Area 2              Montana        
              C-Graphite              C-Graphite              C-Graphite
    Sample         %        Sample         %        Sample         %    
------------------------------------------------------------------------
BG-20121116-03   2.73   BG-20121116-01   1.77   AB-20120912-02   10.5   
BG-20121116-04    1.8   BG-20121116-02   1.58   AB-20120912-05   >20   
BG-20121116-05    1.2      JBA12-03       2.4   AB-20120912-13   >20   
BG-20121116-06   3.11      JBA12-04      2.75   AB-20120912-17    13    
BG-20121116-07   2.56      JBA12-05      1.67   AB-20120912-18   >20   
BG-20121116-08   2.51      JBA12-06      1.82                           
BG-20121116-09   2.56      JBA12-07       2.1                           
                        BG-20121117-01   2.81                           
                        BG-20121117-02   2.12                           
------------------------------------------------------------------------

 
The geological work was led by Company President Brian Goss and
Company Director Jason Babcock. The assay work was conducted by
INSPECTORATE (A Bureau Veritas Group Company) of Sparks, Nevada. The
study included a physical review of the mineral lease areas to
include specific details and features of interest.  
Company President Brian Goss states, "We are well pleased by these
initial findings. The main point of interest and significance of
these samples is that we are actually confirming mineralization and
are getting very good numbers while just scratching the surface as
far as the evaluation process goes. Right now, we are firmly on-track
and looking forward to further evaluation and an economic assessment
of what we currently hold. That's the sort of information we can use
to raise more capital in order to fully exploit our strategic plan.
I'm really looking forward to seeing how these early results are
received, as we believe it translates into a dynamic project scenario
for the Company and its shareholders." 
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 relat
ed comments by Company
management, words like "expect," "anticipate," "estimate,"
"probable," "believe," "forecast," "objective," "plan," "goal" and
similar expressions including references to historic data 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 up
on
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