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Graphite Corp. Updates Grid Survey Activities at Historically Productive Alabama Property

Graphite Corp. Updates Grid Survey Activities at Historically Productive 
Alabama Property 
ELKO, NV -- (Marketwire) -- 02/19/13 --  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 pleased to provide an update of the
ongoing grid survey underway at its 3,759.6 acre graphite-bearing
properties on the Carr and Cahaba leases located in Clay County,
Alabama. 
Under the leadership of Company President Brian Goss, it is reported
that the surface sampling and grid survey is underway and moving
ahead as planned. Initial sampling focused on historical mine
locations and expanded to known locations prospective for significant
graphite shows. Based on those early results, sampling has now been
extended to a comprehensive survey encompassing the largest sampling
area to-date. Visual evaluation alone of each sample has identified
varying grades with the majority of samples presenting visual
graphite mineralization. 
The Company has increased the proposed sampling grid based upon the
visual confirmation of mineralization and tightened up the sample
spacing in the mineralized areas. The survey was originally
engineered to undertake an estimated 1,358 samples taken at surface
along designated grid lines. The samples will be submitted to
laboratory testing for graphitic carbon (Cg) and the data from the
grid results is designed to test the width of the graphite bearing
geologic formations. 
Initial sampling limited to the old mine workings previously returned
values ranging from a low of 2.2% up to 6.01% graphitic carbon in
unconsolidated or semi-consolidated schist. The average of these
samples was 3.54% graphitic carbon. Subsequent samples taken from
several localities throughout the property offered uniform grades of
over 2% crystalline flake graphite throughout. These findings are
consistent with prior observations including historic reports from
the U.S. Bureau of Mines. The majority of samples have mainly
presented in very soft, strongly weathered rocks comprised of
moderate to large (+50mesh) flakes.  
Low-level geologic mapping and logging of rock types at each sample
site is contributing to a geologic and geochemi
cal data set aimed at
delineating drill targets as part of plans for the commencement of a
proposed drill program in order to confirm and provide a regulatory
compliant evaluation of the underlying asset prior to commercial
production. 
Company President Brian Goss states, "So far the preliminary data
indicates that the bulk of the disseminated graphite flakes contained
in this promising location is pointing at an increasingly viable
economic case for the development of plans for a pilot extraction and
material processing plant. Over the next few weeks, we anticipate
even more specific results as we receive returns from the assay lab.
To-date our data continues to confirm our earliest impressions and
while we aim for a prudent and cautionary approach, it's satisfying
to work on a property that is turning into a really interesting
project."  
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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