Graphite Corp. Assay Reports Higher Than Anticipated Mineral Grades at Alabama Property

Graphite Corp. Assay Reports Higher Than Anticipated Mineral Grades at Alabama 
Company Reports Grades Showing Over 4% Graphite Mineralization From
Key Assay Results 
ELKO, NV -- (Marketwired) -- 05/29/13 --  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 sampling from a recent field study on its Alabama
The study of graphite-bearing mineralization was undertaken at the
3,759.6 acre Carr and Cahaba leases located in Clay County, Alabama. 
The 38 Alabama samples returned higher than anticipated grades in
comparison with prior observations including historic reports from
the U.S., Bureau of Mines which trended to an average of 2%
mineralization. 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 presence of grades
showing over 4% and in once instance, higher than 7% crystalline
flake graphite offers increasingly promising economics for scalable

Graphite Corp. - Job No: 13-338-00994-01                     
      Sample      C-Graphite        Sample      C-Graphite  
   Designation         %         Designation         %      
                    C-GP-OR                       C-GP-OR   
JBA13-101                2.22 JBA13-111                4.34 
JBA13-102                 3.4 JBA13-112                 3.5 
JBA13-103                3.47 JBA13-113                2.38 
JBA13-104                2.12 JBA13-114                 2.5 
JBA13-105                3.29 JBA13-115                0.89 
JBA13-107                0.58 JBA13-117                7.63 
JBA13-108                4.75 PBM-AB-001               1.53 
JBA13-109                1.55 PBM-AB-002               2.54 
JBA13-110                1.76 PBM-AB-003               4.05 
JBA13-111                4.34 PBM-AB-004               3.27 
                              PBM-AB-005               1.78 
      Sample      C-Graphite        Sample      C-Graphite 
   Designation         %         Designation         %     
                    C-GP-OR                       C-GP-OR  
PBM-AB-006               0.45 PBM-WO-007               2.56
PBM-AB-008               3.59 PBM-WO-008               2.15
PBM-AB-009                1.7 PBM-WO-009            < 0.01
PBM-AB-010               0.46 PBM-WO-010               4.64
PBM-AB-011               2.99 PBM-WO-011               1.91
PBM-WO-001               3.07 PBM-WO-012               2.63
PBM-WO-002               2.29 PBM-WO-013               3.73
PBM-WO-003               1.96                              
PBM-WO-004                2.4                              
PBM-WO-005                5.8                              
PBM-WO-006               2.05                              

The geological work was led by Company Director Jason Babcock. The
assay work was conducted by INSPECTORATE (A Bureau Veritas Group
Company) of Sparks, Nevada. The study included an in-depth physical
review of the mineral lease with increasingly focussed attention on
specific features of interest.  
Company President Brian Goss states, "The consistent presence of
mineral grades well above our previous estimates of 2% is very
encouraging. These higher percentages clearly indicate that the
potential of the leasehold is commercially viable. We are looking
forward to moving ahead with a drill program in order to explore the
mineralization at depth. With that next step, we can accurately
determine the overall resource valuation which is the key to our
growth and shareholder interests." 
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 and ensure you view our corporate video at:  
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 
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,"
"forecast," "objective," "plan," "goal" and similar expressions 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. 
GRPH Investor Relations
Phone: +1-888-278-7140
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