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Graphite Corp. Mobilizes Detailed Grid Survey as Prep for Proposed Alabama Drill Program

Graphite Corp. Mobilizes Detailed Grid Survey as Prep for Proposed Alabama 
Drill Program 
ELKO, NV -- (Marketwire) -- 02/11/13 --   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, wishes to advise of
preparations underway towards a proposed drill program at its
graphite-bearing properties on the Carr and Cahaba leases totaling
3,759.6 acres located in Clay County, Alabama. 
The Company has mobilized a crew to perform a detailed grid survey
focussing on a key block of land prospective for significant graphite
shows on its Alabama property. The survey has been engineered to
undertake an estimated 1,358 samples for laboratory analysis. The
samples will all be taken at surface along pre-planned lines and
tested for graphitic carbon (Cg). The sample lines are designed to
test the width of the graphite bearing geologic formations through
dense sampling across (sub-perpendicular) stratigraphy (geologic
units) and known graphite deposits. 
The survey is expected to take approximately three weeks to complete,
and the Company is soliciting bids from several assay labs for
comparative purposes. Results are anticipated commencing
approximately 4 to 8 weeks after completion.  
As part of an overall program designed to develop a comprehensive
drill program and related overview of the site, the work crew will
also undertake low-level geologic mapping by identifying and logging
rock types found at each sample site. The purpose is to build a
geologic and geochemical data set that can be used to delineate final
drill targets and to engineer plans for the actual drill holes.
Graphite Corp. anticipates the need for a follow up phase two survey
to adjust grid spacing based on the assay results and indicated
mineralization as demonstrated in phase one.  
An additional goal of the survey will be to test and map a widespread
portion of the property as an adjunct to the proposed drill program.
It is anticipated that eventual results from drill samples as well as
additional tests can be extrapolated across portions of the property
in order to expand upon, and confirm, our knowledge of the inherent
graphite mineralization. 
Company President Brian Goss states, "Plans are already in place to
undertake surveys utilizing proven techniques such as geophysical
imaging using induced polarization ('IP') in order to test
conductivity, resistivity and chargeability. Correlating a surface
sampling program that identifies surface anomalies along with a
geophysical program that identifies subsurface anomalies is one of
the keys to a cost effective, efficient and comprehensive drill
program. We firmly believe that given the current market and economic
environment in the resource sector, prudent planning demands we
demonstrate to the investment community and to the public at large
that we are evaluating our land positions in the most efficient
manner possible." 
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,"
"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 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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