LAS VEGAS, Dec. 6, 2012 /PRNewswire/ -- National Graphite
Corp. (NGRC) is pleased to announce that the Board of Directors has
approved a mini bulk sample program on the company's Chedic
Voltaire Graphite Mine property.
The mini-bulk sample program will be designed to extract a
significant representation of the multiple graphitic zones on the
property. The samples will be prepared for metallurgical test work
and will be forwarded to a laboratory for processing in a timely
manner. Initial test work will determine both the average carbon
content and flake size distribution of the graphitic
material. Additional testing will help determine the most
cost effective concentration processes required to achieve a high
purity fungible graphite product.
High quality graphite is enjoying price escalation on the world
markets due to heavy demand for uses in environmentally
responsible products such as hybrid electric vehicles, solar
panels, nuclear plants, fuel cells and ion-lithium batteries.
Graphite prices are currently in the $1,500
to $3,000 per ton range depending on the carbon content and
flake size of the final product.
National Graphite Corp. currently holds the rights to the Chedic
Voltaire, past producing, graphite mine in NW Nevada near Carson City, a city with a large and
experienced mining work force.
NGRC plans on advancing the project through the exploration and
development stages.
Contact: Kenneth B Liebscher
- CEO@nationalgraphitecorp.com
"Safe Harbor" Statement:
Under The Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. A complete "SAFE HARBOR: Disclosure" is listed
on the Company's Website NationalGraphiteCorp.com under "News"
SOURCE National Graphite Corp.