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Graphite One Drills 83.55M of 6.03% Graphite Including 21.55m of 11.0% Graphite
(via Thenewswire.ca) October 22, 2012 - Calgary, Alberta - Graphite One Resources Inc. (GPH...
About this update from Graphite One Inc.
[{"type":"text","content":"\nGraphite One Drills 83.55M of 6.03% Graphite Including 21.55m of 11.0% Graphite\n\n(via Thenewswire.ca)\n\n \nOctober 22, 2012 - Calgary, Alberta - Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) (\"Graphite One\" or the \"Company\") is pleased to announce drill results from final holes 16 thru 18 at its Graphite Creek Property. Graphite One has verified that the 18 km long EM conductor is directly related to wide scale, high grade, graphite mineralization. \n\n \n \nHole 12GC010: 216.67 metres of 3.13% including 83.55 metres of 6.03%, 21.55 metres of 11.0% Graphite\n\n \n \nAnalytical results from diamond drill holes 12GCH007, 12GC009, and 12GC010 have been received. All 2012 drill hole results have now been released (totaling 4,248 metres). The results continue to confirm that graphite mineralization exposed at surface extends to vertical depths of over 250 metres (see drill hole map attached; see Table below). All drill holes will be used to produce a NI 43-101 compliant graphite resource.\n\n \n \n\"The 2012 18-hole drill program has been very successful in establishing the potential of the project. Areas of both high-grade, large-flake and bulk tonnage type mineralization have been defined and the system remains open along strike and at depth as defined by the geophysics and mapping, confirming the strength and continuity of this deposit. While more work remains to be done, there is clearly potential for a world class mineralized system to be delineated.\" \n\n\n \n - Anthony Huston, President and Director of Graphite One Resources\n\n \n \n\n -----------------------------------------------------------------\n |Drill Hole |Azimuth|Dip|Depth |Intersection|Graphite|\n | | | | |(m) |(% Cg)* |\n |---------------------------------------------------------------|\n |- -- -- |From (m)|To (m)|- -- |\n |---------------------------------------------------------------|\n |12GCH007(hole|160 |-50|8.46 |177.39|168.93 |2.94% |\n |16 | | | | | | |\n |of 18) | | | | | | |\n |---------------------------------------------------------------|\n |……including |  |  |8.46 |41.00 |32.54 |5.78% |\n |---------------------------------------------------------------|\n |……including |  |  |9.0 |31.00 |22.00 |7.05% |\n |---------------------------------------------------------------|\n |12GC009(hole ...