News we can use!
| News Release |
June 05, 2012 |
Standard Graphite's Identifies 3.5 km EM Conductor Coincident with Graphite Occurrences at Kiamika
Vancouver, BC -- June 5, 2012 -- Standard Graphite Corp. (TSXV: SGH) (the "Company") is pleased to report that the results from its latest airborne geophysical survey covering the Western Quebec properties have begun to arrive following their post-survey processing. The present survey concludes the initial geophysical coverage in Quebec and Ontario and will allow the company to set the priorities for the ground follow-up scheduled to begin in June.
The Western Quebec properties are a group of four (4) properties located in the Central Metasedimentary Belt of the Grenville Province northeast of Montreal, Quebec. Each property is located over a well-established graphite occurrence. The four (4) properties: Kiamika, Preston, 31 Milles and Notre Dame are located within 90 kilometres from Standard Graphite's flagship, the Mousseau East on which an historical non-43-101 compliant resource has been identified (see press release April 24, 2012).
Initial results for the Kiamika property confirms that the surface occurrences are associated with an extensive conductor that crosses the entire property over a 3.5 kilometre strike length. The company was also pleased to discover that a second conductor lying some 750 metres eastward replicates the first one and expands the overall potential of the project. Additional map designation was carried out in the area to fully cover the conductors and their extensions.
Please click the following link for the EM Map for Kiamika:
https://www.standardgraphite.com/i/pdf/kiamika.pdf
Chris Bogart comments: "We are extremely pleased with these results as Kiamika lies within 32 kilometres of our main Historic Mousseau Deposit on which the company plans extensive development over the coming months".
Prospectair Geosurveys has now completed an 888 line-kilometer airborne TDEM survey covering the four (4) Western Quebec properties to help evaluate the extent of the known occurrences and the discovery of potentially new occurrences. These results are part of the initial property coverage designed to assist Standard Graphite in targeting known and new mineralization and orient the fieldwork. Standard Graphite will release the survey results of the 3 remaining Western Quebec properties 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
For further information, contact:
Corporate Information
Standard Graphite Corp.
Chris Bogart
President & CEO
Tel: (604) 683-2509 Fax: (604) 683-2506