Graniz Mondal Inc.
TSX VENTURE : GRA.H
NEX BOARD : GRA

April 09, 2013 08:45 ET

Graniz: Graphite Hole #128 Intersects 7.7% Gp Over 93 Feet, 8.1% Gp Over 64 Feet, 4.2% Gp Over 36 Feet

LÉVIS, QUEBEC--(Marketwired - April 9, 2013) - Graniz Mondal Inc. (TSX VENTURE:GRA.H) ("Graniz Graphite") is pleased to announce another wide intercept of graphite mineralization 100 metres north-west of the initial discovery (hole #120) on the Brunet graphite deposit located 28 miles from North America's only graphite producer IMERYS TIMCAL near Mont-Laurier. Dr Berthe Lambert, Chairman, comments: "Hole #2013-128 with a vertical length of 263 feet of graphitic marble will add significant new tonnage to the Brunet large flake graphite deposit since this hole is situated 300 feet north-west of hole #120 with 255 vertical feet of graphite marble with graphite grades from 4.5% to 6.4%. The drilling program should allow us to confirm that we are in front of a major large flake graphite body similar to IMERYS TIMCAL's deposit 28 miles west of our mine". The following is a summary of Mousseau West Results (Brunet Graphite Deposit):

2013 Vertical Hole # from to Length (m) Grade %Gp
120 38,3 88 49,7 6,37
102,4 130,9 28,5 4,54
122 45,9 48,4 2,5 6,36
65,1 70,1 5 11,74
92,5 111,1 18,6 8,3
123 6,6 8,6 2 10,75
11,7 13,3 1,6 13,15
38 45 7 2,68
51,1 115 63,9 5,08
124 3 14,8 11,8 2,35
26,8 29,6 2,8 5,98
76,8 87,2 10,4 2,04
125 6,7 11,6 4,9 10,74
21,8 23,7 1,9 7,83
45,7 52,2 6,5 2,78
109 122,8 13,8 2,66
126 32,6 78,7 46,1 4,42
78,7 118 39,3 1,17
127 46,90 49,50 2,60 10,31
65,30 88,40 23,10 4,68
128 1,20 12,30 11,10 4,24
21,70 41,20 19,50 8,08
52,60 81,00 28,40 7,74
129 19,50 23,30 3,80 3,05
28,60 40,00 11,40 5,06
77,60 82,50 4,90 5,83
130 1,40 18,60 17,20 1,33
22,00 30,80 8,80 1,91
57,40 67,30 9,90 1,71
75,00 80,90 5,90 3,8
131 13,60 19,70 6,10 9,05
27,1 35,4 8,30 5,95
49,8 63,2 13,40 2,51

Sampling including the addition standardized reference material and blanks was carried out at Ste-Véronique's coreshack and samples were shipped to ALS Minerals lab in Val d'Or for graphitic carbon assaying. Drilling, logging and sampling are carried out under the supervision of Mr. Yvan Bussières P. Geo.Eng. and Mr. Alain Tremblay P. Geo. Eng. NI 43-101 Qualified Persons. Mr Bussières is also responsible for the sampling protocol. Graniz Graphite anticipates receipt of the assay results on an ongoing basis over the next six weeks.

The foregoing information may contain forward-looking statements relating to the future performance of Graniz Mondal Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the plans and expectations of Graniz. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Graniz Mondal Inc. with the TSX Venture Exchange/NEX and securities regulators. Graniz Mondal Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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