Drilling on the 200’ by 200’ resource grid at the Coosa Project consisted of 54 core holes.  With the receipt of the current assays, all of the results have been received.  In addition, results from the remaining sonic holes have also been received.  The results from these holes will be reported separately.

The drill core was logged and sampled at the Company’s facility in Sylacauga and shipped to ALS Minerals in Elko, NV, for analysis.  The samples were analyzed for graphitic carbon (Cg) by the LECO method.  Drill holes on the A, B, C and D-lines were among the last processed as an initial visual inspection of the core suggested that their graphite content was low.  In contrast, holes on the northeastern portion of the E-line contained thick intercepts of graphitic schist.  To some extent, this corresponds to a small topographic high.  Graphitic mineralization found along the E-line remains open to the north and east.

Below is a table summarizing the significant results from the new core holes:

A map showing the resource grid and drill holes locations can be found on the Company website at http://alabamagraphite.co.

Dr. Douglas Oliver, VP Exploration, comments, “With the receipt of the final assay results, the Company has completed one phase of its exploration program and has begun the next.  Our focus has shifted to preparing the database for delivery to Metal Mining Consultants so that they can begin an initial resource estimate.  We are pleased with the drill results and see nothing that should preclude a favorable determination of a resource.  The Company also anticipates planning a follow-up drill program later in 2013 to extend the known mineralization.”

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.

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:

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.

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.

The substantial amount of work completed over the last six months prompted the Company to update the report.  Major revisions include a substantial increase in the acreage held under mineral lease, the Surface Use Agreement to drill with Headwaters Investments, permitting with the Alabama Department of Environmental Management (ADEM) and a better understanding of the local geology.  The most significant change, however, involves the completion of a drill program involving both diamond coring and sonic drilling.  A total of 21,856.9 feet (6662m) were drilled in 69 holes within the project area.  Assay results for 38 cores holes and seven sonic holes are included within the report.

Dr. Douglas Oliver, VP Exploration, comments, “The need to revise this report so soon after issuing the original is an indication of our rapid progress at the Coosa Project.  Since last summer our level of knowledge regarding the graphite mineralization and the local geology has expanded by an order of magnitude.  However, we emphasize that this should be regarded as an interim report.  We are on track to having a compliant mineral resource estimate in hand this Spring.  That will, of course, require us to issue a new technical report.”

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.

Forward-looking information

This release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the anticipated timing of processing of drill core and the return of assay values, along with the determination of an initial mineral resource estimate.

Forward-looking information is based on a number of material factors and assumptions, including contracted parties being able to provide services on the agreed timeframes, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, changes in project parameters as plans continue to be refined; future prices of graphitic carbon; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry, as well as those factors disclosed in the company’s publicly filed documents. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.  Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

Results were received this week from diamond drill holes AGC-E02C, E08C, F04C, F07C, F08C, H02C and H04C. The drill core was logged and sampled at the Company’s facility in Sylacauga and shipped to ALS Minerals in Elko, NV, for analysis. The samples were analyzed for graphitic carbon (Cg) by the LECO method. Of interest were the results from hole E08C as previous assay results from holes along the E-line did not contain significant mineralized intervals.

Below is a table summarizing the significant results from the new core holes:

A map showing the resource grid and drill holes locations can be found on the Company website at http://alabamagraphite.co.

Dr. Douglas Oliver, VP Exploration, comments, “We remain on track to have all the drill core processed within the month of February. With improved turnaround times at ALS Minerals, we anticipate having all the data in hand by late March. At that point we will deliver the drill results to Metal Mining Consultants, Inc. (formerly Scott E. Wilson Consulting) who will use it to determine an initial mineral resource estimate. Alabama Graphite is dedicated toward moving this project forward as quickly and efficiently as possible.” Drilling on the 200 feet by 200 feet resource grid at the Coosa Project consisted of 54 vertical core holes. With the receipt of the current assays, 27, or half of the core drill holes within the resource grid, have been completely processed including logging, processing and receipt of assay results. The remaining 27 core holes are in various stages of the evaluation process. In addition, the majority of the sonic holes drilled through the oxidized portion of the project area are also being processed.

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.

Forward-looking information
This release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the anticipated timing of processing of drill core and the return of assay values, along with the determination of an initial mineral resource estimate.

Forward-looking information is based on a number of material factors and assumptions, including contracted parties being able to provide services on the agreed timeframes, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, changes in project parameters as plans continue to be refined; future prices of graphitic carbon; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry, as well as those factors disclosed in the company’s publicly filed documents. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

We hope to see you there.

]]> http://alabamagraphite.co/news/ceo-daniel-spine-to-be-featured-speaker-at-cnsx-pdac-luncheon/feed/ 0 http://alabamagraphite.co/news/alabama-graphite-corp-releases-first-results-from-sonic-drilling-program/ http://alabamagraphite.co/news/alabama-graphite-corp-releases-first-results-from-sonic-drilling-program/#comments Wed, 20 Feb 2013 14:02:23 +0000 admin http://alabamagraphite.co/?p=1017 February 20, 2013 – Sylacauga, Alabama – Alabama Graphite Corp. (the “Company”) (CNSX:ALP)  (Frankfurt: 1AG.F  WKN A1J35M  ISIN: CA0102931080) is pleased to report initial assay results from the 2012 sonic drill program at the Coosa Graphite Project, Alabama.

Initial drilling at the Coosa Project consisted exclusively of diamond core drilling.  To improve recoveries through the upper weathered and unconsolidated oxidized zone, two sonic drills were mobilized to the project site in mid-November by Major Drilling.  In addition to pre-collaring the holes through the oxidized zone, the Company also re-drilled the upper portions of previous holes.  A total of 1,618.5 feet (493.3 meters) were drilled in 45 sonic holes.  Processing of these holes began in January, 2013 following discussions with Scott E. Wilson Consulting (now called Metal Mining Consultants, Inc.) regarding QA/QC protocols.  Samples were logged and sampled at the Company’s facility in Sylacauga and shipped to ALS Minerals in Elko, NV, for analysis.  The samples were analyzed for graphitic carbon (Cg) by the LECO method.

“ A unique attribute to the Alabama Graphite Schist is its past production from the oxidized zones at surface,” comments CEO Dan Spine. “ We employed the sonic rigs in November to optimize our recoveries in this zone.  These are the first assays received from this program.  These are excellent results.  We can identify graphite-bearing rock from surface in all these holes and show continuity with the graphitic layer already processed in the rock beneath.”

Below is a table summarizing the results from the initial sonic holes:

A map showing the resource grid and drill holes locations can be found on the Company website at http://alabamagraphite.co.

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 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.

The Company specifically refers to statements made in its corporate presentation titled “Alabama Graphite Company – A New Beginning for Graphite Production in the US” (the “Corporate Presentation”) (which was previously posted on the Company’s website) and also a Research Initiation Report dated January 24, 2013 published by Ubika Research (the “Ubika Report”) and the accompanying Ubika Research news release dated January 24, 2013 (the “Ubika News Release”).

Disclosure in the Company’s Corporate Presentation that the Coosa Project has an “extremely large, potentially a multi‑decade resource” was restricted by Canadian regulations known as National Instrument 43-101 (“NI 43‑101”) because no resource classification was determined, and non-compliant with NI 43-101 because no tonnes and grade were estimated at this time for any resource.  The Company retracts prior disclosure implying that it has a resource estimate at the Coosa Project and advises readers not to rely on such statements as they may continue to be found in the public domain.

The Company retained Ubika Research to provide research and marketing support services to the Company, and Ubika prepared on its own initiative the Ubika Report, which was disseminated without the final authorization of the Company.  Both the Ubika Report and Ubika News Release (collectively, the “Ubika Disclosure”) contained disclosure which was not compliant with, or otherwise may have triggered the filing of a technical report under, NI 43‑101 and were not authored by a “qualified person” in accordance with NI 43-101.  The Ubika Disclosure referred to tonnage and grade estimates at the Coosa Project without providing a resource classification and further disclosed a net asset valuation for the Coosa Project which includes assumptions about recovery rate, commodity price, taxes, capital costs and operating costs, which disclosure was non-compliant with NI 43-101 because it omitted certain mandatory cautionary language.  The Ubika Disclosure also estimated the Company’s value on a per share basis, which is not permitted under the Securities Act (British Columbia).  The Company regrets that the aforementioned disclosure was made by Ubika and it disassociates itself from the Ubika Disclosure.

The Company has not yet had a qualified person complete a resource estimate for the Coosa Project.  As previously disclosed, the Company has commissioned Metal Mining Consultants, Inc. (formerly, Scott E. Wilson Consulting) (“MMC”) of Highlands Ranch, Colorado, to prepare a mineral resource estimate for the Coosa Project.  The Company has to date received assay results on 27 of the 54 holes drilled in the grid.  The first assay results from the sonic drill program were recently received by the Company (which results will be announced shortly).  The Company is awaiting receipt of additional assay results and is to submit further samples for assay, and the Company anticipates MMC to be able to begin preparing the resource estimate within the next couple of months once all assay results are available.

The technical content of this news release has been reviewed and approved by Dana C. Durgin, a Qualified Person as defined by NI 43‑101.

For further information, please contact:

Alabama Graphite Corp.
Daniel Spine, CEO
(404) 661-6254

Forward looking information

This release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts.  Forward-looking information include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company’s businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.

Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “planning”, “planned”, “expects” or “looking forward”, “does not expect”, “continues”, “scheduled”, “estimates”, “forecasts”, “intends”, “potential”, “anticipates”, “does not anticipate” or “belief” or describes a “goal” or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Forward-looking information is based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted.  Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking information.  Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the company’s publicly filed documents.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.  There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.

Drilling at the Coosa Project consisted of an initial stratigraphic program to gain understanding of the local geology followed by drilling on a 200’ by 200’ grid intended to establish a resource.  Previous results reported from the northeast stratigraphic fence included hole AGC-009C which contained 410’ (124.97m) averaging 2.94% graphitic carbon (Cg) and was open at depth.  Holes AGC-010C, 011C and 012C were the holes next in the line on this fence.  When the results of these holes are included with those of 009C, a continuous graphitic horizon with a true thickness of  940’ (286m) is defined.  This unit strikes to the northeast and dips at 35 degrees to the southeast.  In addition to its thickness, this unit is notable for its consistency of graphite content.  Fewer than 10% of the 276 samples defining this unit contained less than 1.5% Cg.

Results were also received this week from holes AGC-D05C, E01C, E06C, G01C and H01C.  The significant results are tabulated below.  As seen previously, holes to the northwest of the E-line did not contain significant mineralized intervals as the quartz-muscovite-biotite-graphite schist (QMBGS) lithologic unit comprised the bulk of the core.  Previous drill results suggest that this unit is sub-economic with respect to graphite content.  Thick intercepts of the favorable quartz-graphite schist (QGS) unit were seen in the remaining holes.

Below is a table summarizing the significant results from the new drill holes:

A map showing the resource grid and drill holes locations as well as a cross-section for the northeast stratigraphic fence can be found on the Company website at http://alabamagraphite.co.

CEO, Daniel Spine comments, “The width of the primary graphitic schist horizon continues to surprise us.  Our review of the literature on Alabama graphite occurrences did not prepare us for something of this magnitude.  We will continue to evaluate the economic significance of this discovery and anticipate sending out samples for size distribution analysis of the graphite flakes in the coming weeks.”

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.  Samples were 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.

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.

January 23, 2013 – Sylacauga, AL – Alabama Graphite Corp. (the “Company”) (CNSX:ALP)  (Frankfurt: 1AG.F  WKN A1J35M) is pleased to report assay results from six additional drill holes at the Coosa Graphite Project, Alabama.

All of the current results are from core holes within the 200’ spaced resource definition drill hole grid tested by Major Drilling.  Each of the holes were pre-collared though the oxidized zone using a sonic drill, then diamond drilled to a minimum depth a 250’ using a wireline core drill.  Only the results from the core below the oxidized zone have been received thus far.  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.

Results were received from holes AGC-A04C, C04C, E05C, F05C, G07C and G09C.  The significant results are tabulated below.  Holes A04C, C04C, E05C, F05C were part of an NW-SE transect across the grid.  As suspected, holes A04C and C04C did not contain significant mineralized intervals as the quartz-muscovite-biotite-graphite schist (QMBGS) lithologic unit comprised the bulk of the core.  Previous drill results suggest that this unit is sub-economic with respect to graphite content.  Thick intercepts of the favorable quartz-graphite schist (QGS) unit were seen in the remaining holes.  Based the assay results to date holes, it appears that holes southeast of the E-line are within the primary mineralized zone at the Coosa Project.

Below is a table summarizing the significant results from the new drill holes:

A map showing the resource grid and drill holes locations can be found on the Company website at http://alabamagraphite.co.

CEO, Daniel Spine comments, “We anticipate continuing to release drill hole assay results on a weekly basis between now and early March.  At that point our intention is to hand off the data to Scott E. Wilson Consulting Inc. who we have retained to prepare an initial NI 43-101 complaint resource estimate.”

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.

Results were received from hole AGC-G05C. This ‘G’ line is the second grid line inside the 54 hole grid to have been assayed. The ‘H’ line results were reported last week. As with the results last week, these assays represent the “at depth” diamond core recoveries that begin beneath the oxidation zone. This hole (along with 41 others inside the grid) was additionally pre-collared in the oxidized zone with a sonic drill and these sonic drill results will be released at a later date when the sonic “tubes” are processed at the assay laboratory. The sonic drill collars in the upper oxidized zone were employed to optimize recoveries that were not achievable with the diamond drill.

To view the map and drill targets please Copy and Paste URL below into a new browser:

http://thenewswire.ca/client_files/2013-01-15-0.pdf

Samples were 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 results from this new diamond drill hole:

“These drill results continue to demonstrate a continuity of thickness and a consistency of graphitic carbon from top of the hole to the bottom.  We are adding tons and the grade in this grid line has shown improvement from our results last week,” remarked Dan Spine, CEO.

Alabama Graphite plans to begin metallurgical testing once assay results on the resource grid have been compiled.  A resource estimate will be prepared concurrently with the metallurgy.

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

Alabama Graphite Corp.
Danny Gravelle
Investor Relations
(949) 481-5396
ir@alabamagraphite.com