SGH

Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to announce
that it has received the results from the airborne electromagnetic (EM) survey
on the Preston property located some 65 kilometres south of its flagship
Mousseau East property. The survey confirmed that the known graphite occurrence
is coincident with an extensive conductor.


The Western Quebec properties are a group of four (4) properties acquired in the
fall of 2011 in the Central Metasedimentary Belt of the Grenville Province. Each
property is located over a well-established graphite occurrence. In late April
2012, the blocks were flown by Prospectair Geosurveys Inc. of Gatineau, Quebec,
to measure the conductive response of the rocks underlying the properties, which
may trace the extent of the graphitic horizons. The four properties, Kiamika,
Preston, 31 Milles, and Notre Dame are located within 90 kilometres of the
Mousseau East property, on which an historical non-NI 43-101 compliant resource
has been identified (see press release April 24, 2012).


The Preston graphite occurrence reported historical grades of up to 12% Cg in
grab samples (source: MRNF - mineral occurrence database). The trend outlined in
the survey shows a more continuous conductor towards the northwest, away from
the known occurrence. These results prompted the staking of additional claims
further to the northwest. Field crews will mobilize to the area later in June
and will prospect the entire conductor axis in search for additional high-grade,
large flake graphite occurrences.


Please click the following link for the EM Map for Preston:
http://www.standardgraphite.com/i/pdf/Preston.pdf. 


Chris Bogart, President and CEO of Standard Graphite, comments: "Preston is
particularly interesting, based on the historical high-grade find. We are
extremely happy that the occurrence is now part of a trend and could lead to a
sizeable discovery."


During the last week of April 2012, an 888 line-kilometre airborne TDEM survey
was conducted by Prospectair Geosurveys covering the four (4) properties located
in Western Quebec. This was to help evaluate the extent of the known graphite
occurrences and aid in the discovery of potentially new mineralizations. These
results are part of the initial property coverage designed to assist Standard in
orienting the fieldwork. All EM surveys have been completed and the company will
release the remaining results as they become available.


Antoine Fournier, P. Geo., manages Standard's exploration and development
programs and is the Qualified Person as defined by National Instrument 43-101.
He supervised the preparation of the technical information in this release.


About Standard Graphite

Standard Graphite Corp. is focused exclusively on the exploration and
development of a large portfolio of flake graphite properties in Canada. The
Company is rapidly positioning itself as North America's premier pure-play
graphite exploration company and it controls 100% interest in 13 highly
prospective graphite properties within known graphite districts in both Quebec
and Ontario. An aggressive 2012 exploration strategy has commenced and will be
implemented by a geologic team with the pedigree of a previous world-class
graphite discovery.


ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the
future performance of Standard Graphite Corp. Forward-looking statements,
specifically those concerned with future performance are subject to certain
risks and uncertainties, and actual results may differ materially. These risks
and uncertainties are detailed from time to time in Standard Graphite Corp.'s
filings with the appropriate securities commissions.

Standard Graphite Corporation (TSXV:SGH)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024

Standard Graphite Corporation (TSXV:SGH)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024