[Marinir] {Disarmed} Standard Graphite (TSX-V: SGH) Discovers Significant Conductor Over Sandy Lake Property
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Wed May 2 17:24:08 CEST 2012
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Standard Graphite Discovers Significant Conductor Over Sandy Lake
Property
Standard Graphite Corp. (TSX-V: SGH
http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=SGH®ion=C&lookup=symbol&snapshot=default
) is pleased to announce that the interpretation of the airborne
geophysical TDEM survey, conducted in March 2012 by Aeroquest Inc., has
outlined a significant conductor over its Sandy Lake property located
some 20 kilometres southeast of the town of Fermont, Québec.
The Sandy Lake Property, acquired in the fall of 2011 for its graphite
potential, is part of a series of claim blocks designated around the
town of Fermont, Quebec, showing the same geology as the nearby Lac
Knife deposit (Focus Metals), which is approximately 30 kilometres west.
Two (2) showings are located on the eastern shore of Sandy Lake and some
68 designated claims covering some 11,700 hectares were staked by the
company to cover the zone of interest.
The airborne survey covered the entire claim block and consisted of 340
line kilometres measuring the magnetic and electromagnetic (EM)
responses of the underlying rocks. The interpretation of this data has
linked the two (2) anomalies and both are associated with an extensive
conductor measuring approximately 8 kilometres that shows fold
structures in its northern and central portions. Fold structures are
considered important exploration targets where graphite has potentially
migrated during metamorphism. The conductor outlined on the project is
coincident with the known occurrences confirming that the EM signature
is clearly associated with a graphitic horizon.
On the surface, rocks of the Menihek formation, strongly metamorphosed
graphite-bearing pelitic sediments, characterize the geology of the
area. This geological formation accounts for the vast majority of the
graphite occurrences in the region.
Please click the following link for the EM Map for Sandy:
http://www.standardgraphite.com/i/pdf/Sandy.pdf
http://www.standardgraphite.com/i/pdf/Sandy.pdf
Chris Bogart, President and CEO of Standard Graphite comments: "We are
enthusiastic about the results at Sandy Lake showing yet another
spectacular conductor coincident with our 2 known graphite occurrences.
Our exploration teams are now preparing to embark on an exciting summer
field program scheduled to commence in early June".
Aeroquest International Ltd., using a helicopter rigged with a
magnetometer and TDEM systems, performed the airborne survey and post
treatment of the data. The survey was designed to optimize the response
from potential conductors and to discriminate between the types of
conductors.
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 will be implemented by a geologic team with
the pedigree of a previous world-class graphite discovery.
ON BEHALF OF THE BOARD
"Chris Bogart"
President & CEO
For further information, contact:
Corporate Information
Standard Graphite Corp.
Chris Bogart
President & CEO
Tel: (604) 683-2509 Fax: (604) 683-2506
info at standardgraphite.com
www.standardgraphite.com
http://www.standardgraphite.com
Investor Inquiries
G2 Consultants Corp.
NA Toll-Free: (866) 742-9990
Tel: (604) 742-9990
info at g2consultants.com
Cautionary Statement:
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. 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.
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