Alabama Graphite Corp. Releases Latest Drill Results from its Coosa Graphite Project, Alabama
All of the current results are from core holes drilled within the 200' by 200' resource definition grid. Each of the holes was drilled to a minimum depth a 250' using a wireline core drill. The core was logged and sampled at the Company's facility in Sylacauga and shipped to ALS Minerals in Elko, Nevada, for analysis. The samples were analyzed for graphitic carbon (Cg) by the LECO method.
Below is a table summarizing the significant results from the new drill holes:
------------------------------------------------------------------
|Drill Hole|Area |Total Depth|From (ft)|To (ft)|Drill |Cg% |
| | |?(ft) | | |Intercept| |
| | | | | |(ft) | |
|----------------------------------------------------------------|
|AGC-E03C |Resource|287’ |110’ |170’ |60’ |2.66|
| |Grid | | | | | |
|----------------------------------------------------------------|
|AGC-F02C |Resource|303’ |215’ |280’ |65’ |1.76|
| |Grid | | | | | |
|----------------------------------------------------------------|
|AGC-F03C |Resource|255’ |100’ |255’ |155’ |2.31|
| |Grid | | | | | |
|----------------------------------------------------------------|
|? |? |? |225’ |255’ |30’ |3.06|
| | |Including | | | | |
|----------------------------------------------------------------|
|AGC-F06C |Resource|249’ |65’ |130’ |65’ |2.92|
| |Grid | | | | | |
|----------------------------------------------------------------|
|? |? |? And |175’ |220’ |45’ |2.88|
|----------------------------------------------------------------|
|AGC-F09C |Resource|256’ |60’ |120’ |60’ |2.50|
| |Grid | | | | | |
|----------------------------------------------------------------|
|AGC-G03C |Resource|276’ |39’ |276’ |237’ |2.90|
| |Grid | | | | | |
|----------------------------------------------------------------|
|AGC-G04C |Resource|272’ |34’ |55’ |21’ |2.99|
| |Grid | | | | | |
|----------------------------------------------------------------|
|? |? |? And |105’ |272’ |167’ |2.83|
|----------------------------------------------------------------|
|AGC-G08C |Resource|256’ |65’ |190’ |125’ |1.99|
| |Grid | | | | | |
|----------------------------------------------------------------|
|? |? |? |70’ |100’ |30’ |2.97|
| | |Including | | | | |
|----------------------------------------------------------------|
|? |? |? |? |? |? |? |
------------------------------------------------------------------
In addition, results were received from 17 sonic holes. Sonic drilling was employed to get improved recoveries through the oxidized upper potions of the drill holes. Typically, the holes were pre-collared with the sonic drill before completing them with the diamond drill. Processing of the sonic core was also done at the Sylacauga facility with assaying at ALS Minerals.
-----------------------------------------------------------------
|Drill Hole|Area |Total|From (ft)|To (ft)|Drill |Cg% |
| | |Depth| | |Intercept| |
| | |?(ft)| | |(ft) | |
|---------------------------------------------------------------|
|AGC-G01S |Resource Grid|59’ |0’ |59’ |59’ |3.30|
|---------------------------------------------------------------|
|AGC-G02S |Resource Grid|49’ |0’ |49’ |49’ |2.96|
|---------------------------------------------------------------|
|AGC-G03S |Resource Grid|39’ |0’ |39’ |39’ |2.51|
|---------------------------------------------------------------|
|AGC-G04S |Resource Grid|34’ |0’ |34’ |34’ |2.26|
|---------------------------------------------------------------|
|AGC-G05S |Resource Grid|25’ |0’ |25’ |25’ |1.43|
|---------------------------------------------------------------|
|AGC-G09S |Resource Grid|25’ |0’ |25’ |25’ |3.31|
|---------------------------------------------------------------|
|AGC-H01S |Resource Grid|69’ |0’ |69’ |69’ |3.36|
|---------------------------------------------------------------|
|AGC-H02S |Resource Grid|49’ |0’ |49’ |49’ |2.29|
|---------------------------------------------------------------|
|AGC-H03S |Resource Grid|39’ |0’ |39’ |39’ |3.87|
|---------------------------------------------------------------|
|AGC-H04S |Resource Grid|59’ |0’ |59’ |59’ |3.50|
|---------------------------------------------------------------|
|AGC-H05S |Resource Grid|40’ |0’ |40’ |40’ |1.95|
|---------------------------------------------------------------|
|AGC-H06S |Resource Grid|25’ |0’ |25’ |25’ |2.27|
|---------------------------------------------------------------|
|AGC-H07S |Resource Grid|30’ |0’ |30’ |30’ |2.50|
|---------------------------------------------------------------|
|AGC-H08S |Resource Grid|25’ |0’ |25’ |25’ |2.19|
|---------------------------------------------------------------|
|AGC-H09S |Resource Grid|20’ |0’ |20’ |20’ |1.93|
|---------------------------------------------------------------|
|AGC-J01S |Resource Grid|40’ |0’ |40’ |40’ |1.48|
|---------------------------------------------------------------|
|AGC-J03S |Resource Grid|30’ |0’ |30’ |30’ |3.09|
|---------------------------------------------------------------|
|? |? |? |? |? |? |? |
-----------------------------------------------------------------
A map showing the resource grid and drill hole locations can be found on the Company website at http://alabamagraphite.co.
Dr. Douglas Oliver, VP Exploration, comments, "We continue to be impressed with both the consistency of the results and the width of mineralization. The Company emphasizes that many of the holes ended in graphitic mineralization and the 250' depth was a pre-determined cut-off. Additional drilling has the potential to expand these results both along strike as well as at depth."
Dana Durgin, P.Geo., a Qualified Person as defined by National Instrument 43-101 and independent consultant to the Company, has reviewed the contents of this press release.
About Alabama Graphite:
Alabama Graphite Corp., through its wholly-owned subsidiary, Alabama Graphite Company Inc., is a graphite exploration and development company whose flagship project "The Coosa Graphite Project" in Coosa County, Alabama encompasses of over 40,000 acres located in an area with significant historical production of crystalline flake graphite. For further details go to www.alabamagraphite.co
ALABAMA GRAPHITE CORP.
Daniel Spine, CEO
(404) 661-6254
Danny Gravelle, Investor Relations
(949) 481-5396
ir@alabamagraphite.co
THE CANADIAN NATIONAL STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.