VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 4, 2012) - Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to report on the continuing success of its airborne TDEM surveys (time domain electromagnetics) aimed at characterizing the conductive signatures of the surface graphite occurrences on its projects. Interpretation of the Notre-Dame property results confirms that the surface graphite is also part of an extensive conductor outlined by the TDEM survey.
The Notre Dame property is one of four (4) properties acquired by Standard Graphite in the fall of 2011 in southwestern Quebec, and is located within trucking distance of its flagship Mousseau East Project. Each property is located over a well-established graphite occurrence and part of the Central Metasedimentary Belt of the Grenville Province, known to be a favorable host to graphite deposits. During April 2012, the properties were flown by Prospectair Geosurveys Inc of Gatineau, Quebec to measure the conductive response of the rocks underlying the properties and to 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 graphite occurrence on Notre Dame that prompted the acquisition of the project is now known to be part of a regional north-south trend that shows significant widening and a more intense conductive response over approximately four kilometres around the known occurrences. Standard is now ready to initiate a reconnaissance program consisting of prospecting that will cover all of its Quebec properties. During this first phase, the teams will locate the surface occurrences and trace them along the conductors to better estimate the extent and widths of the graphite zones.
Please click the following link for the EM Map for Notre Dame:
Chris Bogart, President and CEO of Standard Graphite comments: "We are very pleased to have been successful in tying in all of our historical showings together with the extensions to known regional conductors. TDEM has been a very effective tool during the first phase of exploration. With the prospecting program now starting, it will be exciting to sample those known occurrences and their extensions particularly where the occurrences are not located at the peak of the conductors."
The completed 888-line-kilometre airborne TDEM survey covering the four southwestern Quebec properties are part of the initial property coverage designed to assist Standard Graphite in targeting known and new mineralization and orienting the fieldwork. Standard Graphite will release the survey results of the last remaining southwestern Quebec property when 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
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.