Standard Graphite Corporation
TSX VENTURE : SGH

Standard Graphite Corporation

July 11, 2012 06:00 ET

Standard Graphite Discovers New Graphite Trend on Little-Bryan Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2012) - Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to update its shareholders on the exploration progress on the Little-Bryan property in Ontario. The ground prospecting and geological reconnaissance program resulted in the discovery of a new graphite horizon lying approximately one (1) kilometre to the north of the original trend, coincident with the North electromagnetic (EM) trend outlined by the airborne geophysical survey.

During the months of April and May 2012, Standard mandated MPH Consulting Ltd. of Toronto, Ontario to conduct a preliminary prospecting and geological reconnaissance program over its Ontario properties, Black Donald and Little-Bryan. The objective was to sample and evaluate the known graphite occurrences, as well as locating outcrops along the conductive trends highlighted during the property-scale airborne geophysical surveys completed in January of 2012.

The program was successful with the field team being able to locate and sample the historical trenches on the Little-Bryan property along the South conductor, and to trace its extent approximately three (3) kilometres past the existing work towards the west. The most important highlight of the program came with the confirmation that the newly discovered North conductor is similar to the South conductor, with both being caused by a graphite-bearing sequence of rusty gneisses and minor calcsilicates.

A total of 33 representative reconnaissance samples were collected from outcrops, including 13 from the North and 19 from the South conductors. The following map highlights the results from the first phase ground exploration program on Little-Bryan:

http://www.standardgraphite.com/i/pdf/LBryan.pdf

Chris Bogart, President and CEO, comments: "This new discovery at Little-Bryan confirms that we have selected the optimal approach to our exploration. The airborne TDEM survey proved its great effectiveness at tracing known mineralization and outlining new targets. With only 13 samples collected on the new North trend thus far, this leaves ample room along the five (5) kilometre trend for a potential high-grade discovery, while the South trend delivered some outstanding results with grades up to 9.81% Cg."

The Little-Bryan property is located some 140 kilometres from Ottawa in Renfrew County, and consists of 15 claims covering approximately 2800 hectares.

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 is being implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.'s filings with the appropriate securities commissions.

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.

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