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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/10/13 -- Standard Graphite Corp. (TSX VENTURE: SGH)(OTCQX: DARDF) (the "Company") is pleased to report the results from the expansion drilling performed during the summer 2012 diamond drilling program on its Mousseau East Deposit. The expansion drilling aimed primarily at tracing the historical mineralization towards the southwest along a well-defined conductor.
The expansion drilling marked the second phase of the program completed following the validation drilling for which results were announced earlier (see press release 21 November 2012) and are highlighted below:
Validation drilling results include:-- M12-01: 52.9m of 7.5% Cg Including 22.9m of 12.9% Cg-- M12-03: 18.9m of 9.7% Cg-- M12-04: 29.9m of 8.3% Cg-- M12-06: 24.6m of 10.6% Cg-- M12-07: 15.5m of 11.2% Cg-- M12-10: 15.3m of 11.6% Cg
M12-01 was implanted in a previously undrilled section directly south of the Main zone and confirmed that the mineralization extends beyond the historical resource. The expansion drill holes were emplaced towards the southwest from M12-01 along the trace of the EM conductor outlined by an airborne EM survey flown in the summer 2012. Drilling further confirmed the continuity of the graphitic horizon along the entire conductor. A series of widely spaced diamond drill holes successfully traced the extension of the graphite-bearing horizon to the western edge of the property for an approximate 500m of additional strike length. A compilation of composite assays from the core produced the following results.
Expansion Drilling Results---------------------------------------------------------------------------- Depth ----------------------- Intersection GraphiteDrill Hole FROM (m) TO (m) (i)(m) Cg %--------------------------------------------------------------------------------------------------------------------------------------------------------M12-13 18.00 34.10 16.1 2.01---------------------------------------------------------------------------- 67.00 78.70 11.7 2.40----------------------------------------------------------------------------M12-14 51.00 56.40 5.4 4.30---------------------------------------------------------------------------- 75.80 82.70 6.9 5.67---------------------------------------------------------------------------- 123.00 126.10 3.1 1.94----------------------------------------------------------------------------M12-16 30.30 38.30 8.0 5.77----------------------------------------------------------------------------M12-18 48.40 51.70 3.3 4.49----------------------------------------------------------------------------M12-22 36.40 41.50 5.1 1.65---------------------------------------------------------------------------- 46.90 50.20 3.3 1.55----------------------------------------------------------------------------M12-23 40.00 50.00 10.0 2.41----------------------------------------------------------------------------M12-25 40.00 44.40 4.4 1.48----------------------------------------------------------------------------M12-27 45.50 56.10 10.6 6.96----------------------------------------------------------------------------(i) Measured intercept along core axis not necessarily representative of true width.----------------------------------------------------------------------------
