National Graphite Intends to Drill Chedic Graphite Property
LAS VEGAS, March 5, 2013
LAS VEGAS, March 5, 2013 /PRNewswire/ --National Graphite Corp. (OTCQB: NGRC)
is pleased to announce that the Company has submitted an "Intent to Operate"
plan with the Humbolt-Toiyabe National Forestry Service, Elko District Office
to drill five holes within the Chedic Voltaire lode claim block. The Company's
Independent Geologist, Hunsaker, Inc., while on-site, observed visible
graphite veins on the surface. The reverse circulation drill holes will
intersect the graphite mineralized structure 500 feet below the surface and
determine the width and grade of the graphite mineralization. The Company
expects to have permission to drill within 15 working days.
The drill program will be conducted by an "Independent Qualified Person" who
will generate a 43-101 report based on the results of the assays.
National Graphite Corp. currently holds the rights to the Chedic Voltaire,
past producing, graphite mine in NW Nevada near Carson City.
NGRC plans advancing the project through the exploration and development
About National Graphite Corp.
National Graphite Corp. is an American based graphite development company
focused on bringing the Chedic Graphite Mine back into commercial production
to supply the fast growing graphite mineral market. The mineral is used in the
manufacture of Lithium-ion batteries and is considered critical to U.S.
industry sectors like Consumer Electronics, Green Technology and Alternative
Energy. National Graphite is committed to long-term sustainable graphite
production within North American.
Contact:Kenneth B Liebscher -CEO@nationalgraphitecorp.com
"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. A complete "SAFE HARBOR: Disclosure" is listed
on the Company's Website NationalGraphiteCorp.com under "News".
SOURCE National Graphite Corp.
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