News Releases - graphiteoneresources.com

Graphite One Achieves High Purity Of 99.2% Graphite On First Test

2013-04-29 10:01:00

Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce that a first pass beneficiation test at Activation Laboratories Ltd. (“ActLabs”), Thunder Bay, Ontario, demonstrated a leaching process capable of producing a high purity of 99.2% graphitic carbon (Cg) from a rough concentrate. Metallurgical test work from Graphite Creek material is ongoing to develop a simple concentration and leaching process to produce an ultra-high purity (99.9% Cg) graphite product.

Spherical graphite is used to make the anodes in Lithium-Ion batteries and is manufactured from the flake concentrate produced by graphite mining operations.� Natural graphite produced from mining typically has recoveries from 70 per cent to 90+ per cent graphitic carbon, whereas synthetic graphite is usually greater than 99 per cent. With initial tests from Graphite Creek showing recoveries above 99 per cent, the company hopes to be positioned to compete in the $13-billion (1.5 million tonnes annually) synthetic market. �Anthony Huston stated “The Graphite Creek Property is the largest known flake graphite deposit in North America and we look forward to continuing to develop marketable graphite products to meet the global graphite demand, which is growing rapidly”.

The Graphite Market

China currently produces approximately 70% of the world’s graphite (world production is approximately 1,100,000 tonnes of which 400,000 is flake graphite) and has recently restricted exports by instituting an export tax.� As well, the Chinese government has banned any new graphite plants and imposed strict environmental regulations on existing plants in Qingdao.� A state owned amorphous graphite monopoly has been formed which will consolidate 210 amorphous graphite mines down to 20 and will reduce production capacity from 600,000 to 510,000 tonnes per year.� The implementation of these new rules and standards will make graphite mines much more difficult to build and/or operate. Recently, South Graphite, which was formed in 2011 to consolidate all the amorphous graphite resources in Hunan, China (which is the world’s largest graphite producer) and has a total production capacity of approximately 200,000 tonnes per annum, has been forced to shut all of its mines indefinitely until assessments and safety improvements have been carried out.�

Graphite is an allotrope of carbon along with diamonds and coal. �Graphite is the best known conductor of heat and electricity.� Graphite and graphite powder are valued in industrial applications for their self-lubricating and dry lubricating properties.� It maintains its strength and stability to temperatures in excess of 3,000�C and is resistant to chemical attack.� Graphite demand was historically driven by the steel and automotive industries.� Due to the industrialization of BRIC (Brazil, Russia, India, China) economies, Graphite demand has steadily increased by 5% per annum since 2000. �Global graphite demand is growing rapidly and is expected to continue based on new applications and green technologies, including but not limited to: hybrid-electric vehicles (HEVs); plug-in hybrid-electric vehicles (PHEVs); battery-electric vehicles (BEVs); fuel cells; Lithium-Ion Batteries; Pebble Bed Nuclear Reactors; lubricants and Graphene.

As global demand grows, graphite prices have increased substantially, more than doubling over the past three years. �Both the European Union and the United States have declared graphite a supply critical mineral.

About Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large flake graphite occurs as disseminations and high grade segregations and lenses in distinctive sillimanite-garnet-quartz-biotite schist(s) and/or quartz-biotite schist(s). The host schist(s) is continuous over 18 kilometres of strike length, based on mapping, sampling and airborne geophysics. Please refer to the January 21, 2013 press release where Graphite One reports the filing of a NI43-101 Technical Report with an inferred resource of 164.5 million tonnes at 4.61% graphite (including 25.44 million tonnes at 9.69% graphite and 7.8 million tonnes at 13.49% graphite).�

During 2011, Graphite One tested 3 samples from surface at the Graphite Creek area (where the 2012 drilling was focused) for flake size analysis.� The samples analyzed included: (1) high grade rock grab samples (assayed 56.9%C); (2) mixed grade rock grab samples (disseminated and high grade material mixed (assayed 14.5%C)); and (3) rock grab samples with disseminated graphite (assayed 8.2% C).� From these samples, 84.3%; 93.6% and 76.5% of graphite recovered are large flakes respectively (greater than 80 mesh).� Specifically, the majority of the recovered graphite in the samples is considered to be large flake.� Furthermore, the majority of the large flake graphite is greater than 40 mesh (64.8%, 65.8% and 73.3%, respectively) and is considered Jumbo Flake.� The analytical work was conducted at Hazen Laboratories, Co, USA.

During 2012, Graphite One tested 4 samples from drill core for flake size analysis.� The samples analyzed contained 8.7%, 13.7%, 14.9% and 8.0% Cg, respectively.� From these samples 62.9%, 70%, 63.9%, and 59.3%* of the graphite recovered are large flakes (*samples were crushed to 10 mesh so results may be understated because the 2011 samples contained up to 10.5% +10 mesh material).� The analytical work was conducted at Hazen Laboratories, Co, USA.� Based on the 2011 and 2012 tests, the Graphite Creek Property is known to be a flake graphite deposit whereby the majority of the flake is considered to be large flake.�

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.

Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

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.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

The mineral resource estimates reported in this press release were prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities. For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in the classification of mineralization. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral resources, except in rare cases.

Graphite One Resources Adopts Advance Notice Bylaw

2013-04-16 12:20:00

APRIL 16, 2013 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce the approval and adoption by its board of directors (the “Board”) of amendments to its bylaws to include advance notice provisions (the “Advance Notice Provisions”), the purpose of which is to require advance notice to be provided to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting of shareholders made pursuant to the provisions of the Business Corporations Act (Alberta); or (ii) a shareholder proposal made pursuant to the provisions of that Act.

The purpose of the Advance Notice Provision is to provide shareholders, directors and management of the Company with a clear framework for nominating directors. Among other things, the Advance Notice Provision fixes a deadline by which shareholders of the Company must submit nominations to the Company prior to any annual or special meeting of the shareholders and sets forth the minimum information that a shareholder must include in the notice to the Company for the notice to be in proper written form.

In the case of an annual meeting of the shareholders of the Company, notice to the Company must be made not less than 30 days and no more than 65 days prior to the date of the annual meeting; provided, however, in the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to the Company must be made not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

The Advance Notice Provision is effective immediately and will be placed before shareholders for ratification at the upcoming annual general and special meeting of shareholders of the Company scheduled for June 10, 2013. A copy of the Advance Notice Provision has been filed under the Company’s profile at www.sedar.com.

About Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large flake graphite occurs as disseminations and high grade segregations and lenses in distinctive sillimanite-garnet-quartz-biotite schist(s) and/or quartz-biotite schist(s). The host schist(s) is continuous over 18 kilometres of strike length, based on mapping, sampling and airborne geophysics. Please refer to the January 21, 2013 press release where Graphite One reports the filing of a NI43-101 Technical Report with an inferred resource of 164.5 million tonnes at 4.61% graphite.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.
Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:
Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

The mineral resource estimates reported in this press release were prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities. For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in the classification of mineralization. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral resources, except in rare cases.

Graphite One Resources Commissions JDS Energy And Mining Inc. To Complete Initial Scoping Studies And The Fraser Institute's 2012/2013 Rankings Increase Alaska's Attractiveness With Respect To Mining Investment

2013-03-25 15:08:00

MARCH 25, 2013 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce that it has commissioned JDS Energy and Mining Inc. (“JDS”), Vancouver, Canada (www.jdsmining.ca) to complete ongoing high level engineering and logistics studies pursuant to the completion of a Preliminary Economic Assessment “PEA”. Results of the studies will be published as available and will be part of the PEA for the Graphite Creek Property. JDS is a dynamic team of over 150 employees focused on delivering high quality engineering, construction, procurement and management solutions internationally.

As announced by the State of Alaska’s Department of Natural Resources (“DNR”), on March 8, 2013, Alaska’s ranking improved in the Fraser Institute’s 2012/2013 survey of the overall attractiveness of mining investment in 96 jurisdictions around the world from 25th to 19th. According to the report, the overall policy attractiveness of Alaska improved in the past year due to “increased survey ratings for availability of labor and skills (13 percent); the quality of the geological database (11 percent); and infrastructure (8 percent).”

“This new report shows how our collaboration with the Alaska legislature, industry, educators and other stakeholders is helping to improve opportunities and increase jobs in Alaska,” said Natural Resources Commissioner, Dan Sullivan. “The hard work of many Alaskans is reflected in this improved ranking for the State, including work by State Geologist Bob Swenson and officials from the Department of Labor and Workforce Development” (see: kathlene.rowell@alaska.gov for further information).

About Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large flake graphite occurs as disseminations and high grade segregations and lenses in distinctive sillimanite-garnet-quartz-biotite schist(s) and/or quartz-biotite schist(s). The host schist(s) is continuous over 18 kilometres of strike length, based on mapping, sampling and airborne geophysics. Please refer to the January 21, 2013 press release where Graphite One reports the filing of a NI43-101 Technical Report with an inferred resource of 164.5 million tonnes at 4.61% graphite.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.

Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

Graphite One Resources Featured In Micro-Cap Review Magazine

2013-03-18 14:21:00

March 18, 2013 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to be featured on pages 66 and 67 of the most recent edition of Micro-Cap Review Magazine.

To view the article in the Micro-Cap Review Magazine, please click here.

The interview and article can also be found on the Graphite One website here or the article can be read in the Micro-Cap Review Magazine on StockNewsNow.com, ISSUU.com, Scribd.com, or MicroCapReview.com.

To view the SNNLive President Video Interview that was done at Cambridge House International’s California Resource Investment Conference in Indian Wells, California, please click here.

About SNN Incorporated

SNN Incorporated is a financial publishing, media and infotainment company that provides market awareness and investor visibility for public and private micro-cap companies. SNN publishes the Micro-Cap Review print & web magazine, www.stocknewsnow.com financial portal, the Ask Mr. WallStreet Newsletter, www.SNNwire.com & the Patent Pending, SNN Video Press Release, VPR™. SNN owns and operates the SNNLiveTV™ show & the SNN StockUmentary™ TV show, and StockNewsNow Radio™ with host Gary McKenzie.

About Graphite Creek

About Graphite One Resources Inc.
Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.

Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed)

"Anthony Huston”

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

Graphite One Resources Featured In Micro-Cap Review Magazine

2013-03-18 10:01:37

March 18, 2013 - Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased announce a revised release with an updated link regarding being featured on pages 66 and 67 of the most recent edition of Micro-Cap Review Magazine.

To view the article in the Micro-Cap Review Magazine, please click here or please copy and paste URL below into a new browser:

http://issuu.com/stocknewsnow/docs/micro-cap-review-magazine-3?mode=embed&layout=http%3A%2F%2Fskin.issuu.com%2Fv%2Flight%2Flayout.xml&showFlipBtn=true&proShowMenu=true&pageNumber=66

To view the SNNLive President Video Interview that was done at Cambridge House International’s California Resource Investment Conference in Indian Wells, California, please click here.

About SNN Incorporated
SNN Incorporated is a financial publishing, media and infotainment company that provides market awareness and investor visibility for public and private micro-cap companies. SNN publishes the Micro-Cap Review print & web magazine, www.stocknewsnow.com financial portal, the Ask Mr. WallStreet Newsletter, www.SNNwire.com & the Patent Pending, SNN Video Press Release, VPR�. SNN owns and operates the SNNLiveTV� show & the SNN StockUmentary� TV show, and StockNewsNow Radio� with host Gary McKenzie.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed)

"Anthony Huston”

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

Fundamental Research Initiates Coverage On Graphite One Resources

2013-03-11 12:28:00

March 11, 2013 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce the receipt of an initiating report issued by Fundamental Research Corp. The Fundamental Research Report is dated March 1, 2013 and the full report is available by contacting Fundamental Research as follows:

Sid Rajeev, MBA, CFA
Fundamental Research Corp.
Email: srajeev@researchfrc.com
Phone: +1 (604) 682-7065

Fundamental Research Corp is hosting an analyst call to discuss their most recent report, followed by an investor Q&A session on March 13 2013, at 10:00 AM PST. Below are the conference details:
5 minutes before the call, please click: https://www4.gotomeeting.com/join/853488991

Then join the conference call by dialing in at:

Canada
Phone: +1 (514) 907-7491
Toll Free: +1 (888) 350-3035

USA
Phone: +1 (213) 289-0155
Toll Free: +1 (877) 273-4202

Conference Room Number: 5829680

About Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large flake graphite occurs as disseminations and high grade segregations and lenses in distinctive sillimanite-garnet-quartz-biotite schist(s) and/or quartz-biotite schist(s). The host schist(s) is continuous over 18 kilometres of strike length, based on mapping, sampling and airborne geophysics. Please refer to the January 21, 2013 press release where Graphite One reports the filing of a NI43-101 Technical Report with an inferred resource of 164.5 million tonnes at 4.61% graphite.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.
Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

About Fundamental Research

Since 2003, Fundamental Research Corp has been providing the highest institutional quality equity research coverage on small and micro-cap companies through their extensive distribution network. In 2009, they also started issuing reports on exempt market securities. In 2010, their Top Picks earned them the #3 highest ranked analyst firm with a return of 20.75%, and #1 in the Basic Materials Sector (which includes mining) with a return of 29.07% on third party ranking systems that tracks analysts globally. Their goal from the beginning was to provide high quality research to a broad audience, while adhering to high ethical standards and a strong foundation of integrity.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: +1 (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

Graphite One Resources Announces Closing Of $600,000 Private Placement Of Units

2013-02-07 11:35:02

February 7, 2013 - Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces the closing of the previously announced non-brokered private placement of 4,285,785 units (the “Units”) at a price of C$0.14 per Unit for gross proceeds of C$600,000.

Each Unit consists of one common share of the Company and one common share purchase warrant (“Warrant”). Each Warrant is exercisable into one common share of the Company for a period of five years from closing at an exercise price of C$0.20 per share in the first two years and C$0.30 per share for the remainder of the period.� No fees or commissions were paid as part of this transaction.

In accordance with applicable securities legislation, securities issued pursuant to this financing are subject to a hold period of four months plus one day from the date of completing the financing.

The proceeds raised under the offering will be used for general working capital purposes.

Closing of the Offering is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Graphite Creek

About Graphite One Resources Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed)

"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

Graphite One Resources Inc. Announces $602,000 Private Placement Of Units

2013-02-01 04:24:00

February 1, 2013 Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that it has arranged a non-brokered private placement, to sell up to 4,300,000 units (the “Units”) on a private placement commercially reasonable efforts basis at a price of C$0.14 per Unit for gross proceeds of up to C$602,000.

Each Unit shall consist of one common share of the Company and one common share purchase warrant (“Warrant”). Each Warrant shall be exercisable into one common share of the Company for a period of five years from closing at an exercise price of C$0.20 per share in the first two years and C$0.30 per share for the remainder of the period. There are no finder’s fees associated with this placement.

The proceeds raised under the Offering will be used for general working capital purposes.

Closing of the Offering is anticipated to occur on or before February 6, 2013 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange. Securities issued under the Offering will be subject to a four month hold period which will expire four months from the date of closing.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Graphite Creek

About Graphite One Resources Inc.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

The mineral resource estimates reported in this press release were prepared in accordance with Canadian National Instrument 43-101Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities. For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in the classification of mineralization. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral resources, except in rare cases.

Graphite One Files NI 43-101 Technical Report With An Inferred Resource Of 164.5mt At 4.61% Graphite

2013-01-21 17:24:00

January 21, 2013 - Calgary, Alberta - Graphite One Resources Inc. (TSX-V: GPH, OTCQX: GPHOF) ("Graphite One" or the "Company") is pleased to announce that it has filed a National Instrument (NI) 43-101 Technical Report for its maiden inferred resource at the Graphite Creek Property in the mining friendly state of Alaska, USA.� The resource for the Graphite Creek Property is based on the results from an 18 hole, 4,248 metre drilling program conducted in 2012.

“Based on the size of the inferred and potential resource, we believe this to be the largest reported flake graphite deposit in the world, and look to take an aggressive approach to advancing the project towards production in the near future” stated Anthony Huston, President of Graphite One. “We have designed a comprehensive exploration program for 2013 that includes drilling, environmental studies, permitting, metallurgy, engineering, reporting and community relations initiatives, all of which are necessary steps for bringing the deposit into production.”

Graphite One Inferred Resource
Cut-Off Grade (% Cga) by LECO	Tonnage (Million)	Graphite % (Cg) by LECO	In Situ Graphite (Metric Tonnes)
2	164.5	4.61	7,583,450
3b	107.2	5.78	6,196,160
5	54.98	7.66	4,211,468
7	25.44	9.69	2,465,136
10	7.8	13.49	1,052,220

a:Cg � Graphitic Carbon � b: 3%� Cut-Off Grade being the base case in the NI 43-101 Technical Report.

"We are excited by the results of this independent National Instrument 43-101 inferred resource estimate, which represents a major milestone for the Company and provides a solid base for further developing Graphite Creek.� We believe that the Property’s considerable percentage of high grade large flake graphite, the envisioned low waste to ore strip ratio, readily accessible infrastructure, and prime location in a mining friendly jurisdiction make Graphite Creek a compelling development project” continued Mr. Huston. “From a management perspective, the economics of this sizeable resource provide a strong incentive to fast track this deposit into production, thereby delivering significant value for our shareholders.”

The Technical Report was prepared by SGS Canada Inc., and APEX Geoscience Ltd., following the guidelines of the Canadian Securities Administrations National Instrument 43-101 and Form 43-101F1.�� The report titled “TECHNICAL REPORT, MAIDEN INFERRED RESOURCE ESTIMATE OF THE GRAPHITE CREEK PROPERTY, ALASKA USA”, is filed on SEDAR and can be viewed on the SEDAR website, www.sedar.com, and Graphite One’s website, www.graphiteoneresources.com.

The deposit remains open along strike to both the east and west, and down dip. The drilling program and inferred resource confirm that near surface graphite mineralization exists in an area that is now over 2.2 kilometres in length. The deposit exists along the north dip slope of the Kigluaik Mountains and the graphite bearing rocks along North 61 degrees dip at approximately 60 degrees to the north with good continuity between drill holes.� The graphitic mineralization is outcropping on the hill side with a very low waste to ore ratio envisaged, considering an open cut surface mining operation.

The mineral resources were estimated using analytical data from 17 of 18 recent surface drill holes for which 3,913 samples were assayed for Graphitic Carbon (Cg) using the LECO analytical method (composite to 2 m).� Drill holes were spaced up to 320 metres apart initially with some infill drilling at 50 metre spacing. �Interpretation and modeling of five 3D wireframe envelopes were completed to outline the mineralized graphitic horizons. A block model of 5 m (E-W) by 2 m (N-S) by 5 m (vertical) was interpolated using inverse square of the distance using a maximum of 6 composites to estimate each block within the mineralized envelope(s).� The specific gravity (S.G.) was fixed to 2.7 kg/m3 and is based on core measurements.� The base case cut-off grade of 3% Cg is based on a conservative approach with 80% recovery for a 95% Graphite concentrate and an average selling price of $1,200/tonne.

The independent QP (Mr. Duplessis, Eng.) took in situ samples and confirmed extremely high grade near surface graphite-bearing rocks with analyses ranging from 5.09% to 62.20% Cg. These control samples were analyzed at SGS Lakefield.

Additional Mineral Potential at Graphite Creek (Western Extension):

As demonstrated by the step out drill hole (12GCH008), which is 2.2 km west of the inferred resource area (see press release dated October 2, 2012); significant upside potential exists for the resource to increase as the deposit remains open at depth and along strike.

Graphite One Potential Resource*
	Tonnage (Million)	Graphite % (Cg) by LECO	In situ Graphite (Metric Tonnes)
Western Extension	235 to 492	4.2 to 7.9	9,870,000 to 38,868,000

*The potential quantity and grade is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

The approximate tonnages and grades have been determined by taking the results from drill hole 12GCH008 (52m of 6.02% Cg) plus or minus 30 per cent grade and considering the strike extent from the existing inferred resource considering that airborne geophysics, surface mapping and sampling has shown continuity of the mineralized rocks on surface, at depth and along strike.�

About Graphite Creek

Graphite One uses Actlabs, an ISO/IEC 17025 accredited analytical laboratory.� The technique used for determining graphitic carbon is by LECO, whereby the pulp is either digested with hydrochloric and perchloric acids, or subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.�

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (TSX-V: GPH, OTCQX: GPHOF) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property.

The information in this release related to the Technical Report has been approved by Claude Duplessis, Eng., of SGS Canada Inc., and by D. Roy Eccles, M. Sc., P.Geol., and Steven Nicholls, BA.Sc., MAIG, both of APEX Geoscience Ltd. whom are independent Qualified Persons as defined under National Instrument 43-101.� Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com�

Graphite One Resources Inc. is a member of the Gilden Group of companies, for more information on the group please visit the company’s website: www.gildengroup.com.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

The mineral resource estimates reported in this press release were prepared in accordance with Canadian National Instrument 43-101Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities.� For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in the classification of mineralization. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms.� Canadian standards differ significantly from the requirements of the SEC. �Investors are cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral resources, except in rare cases.

Graphite One Maiden Inferred Resource Of 164.5mt At 4.61% Graphite And Potential Resources Of 235 To 492 Mt Of 4.2 To 7.9% Graphite

2012-12-03 12:35:00

December 3, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce its maiden resource for its Graphite Creek Property in the mining friendly state of Alaska, USA, only 3 km from tide water. The resource for the Graphite Creek Project is based on the results from the 2012, 18 hole, 4,248 meter drilling program.

Graphite One Inferred Resource
Cut-Off Grade (% Cg^a) by LECO	Tonnage (Million)	Graphite % (Cg) by LECO	In Situ Graphite (Metric Tonnes)
2	164.5	4.61	7,583,450
3b	107.2	5.78	6,196,160
5	54.98	7.66	4,211,468
7	25.44	9.69	2,465,136
10	7.8	13.49	1,052,220

a:Cg – Graphitic Carbon – b: 3% COG being the base case

The maiden mineral resource estimate was prepared by Claude Duplessis, Eng., consultant for SGS Canada Inc., and he is an independent Qualified Person under NI 43-101, using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves, Definitions and Guidelines. Dean Besserer, P.Geol., Vice President of Exploration for the Company and a “Qualified Person” under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release. A NI 43-101 compliant Technical Report describing the resource will be filed on the Company’s website and on SEDAR within 45 days.

The deposit remains open along strike to both the east and west, and down dip. The drilling program and resource estimate confirm that near surface graphite mineralization exists in an area that is now over 2.2 kilometer in length. The deposit exists along the north dip slope of the Kigluaik Mountains and the graphite bearing rocks along North 61 degrees dip at approximately 58 degrees to the north with good continuity between holes. The graphitic mineralization is outcropping on the hill side and a very low waste to ore ratio envisaged, considering an open cut surface potential operation.

The mineral resources were estimated using analytical data from 17 of 18 recent surface drill holes for which 3913 samples were assayed for Cg using the LECO analytical method (composite to 2m). Drill holes were spaced 250m apart with some infill drilling at 50m spacing. Interpretation and modeling of five 3D wireframe envelopes were completed to outline the mineralized graphitic horizons. A block model of 5 m (E-W) by 2 m (N-S) by 5 m (vertical) was interpolated using inverse square of the distance using a maximum of 6 composite to estimate each block within the mineralized envelope(s). The specific gravity (S.G.) was fixed to 2.7 kg/m3 and is based on core measurements. The base case cut-off grade of 3% Cg is based on a conservative approach of resource recovery of 80% for a 95% Graphite concentrate with average selling price of $1200 /tonne.

The independent QP took in situ samples and confirms extremely high grade near surface ranging from 5.09 % to 60.2% Cg, these control samples were analysed at SGS Lakefield facilities.

“Based on the size of the resource, flake content and potential, we believe this to be the largest reported Flake Graphite Deposit in the world, and look to take an aggressive approach in 2013 to advancing the project towards production in the near future” stated Anthony Huston, President of Graphite One. “….and it doesn’t consider the South or Araujo trend”.

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska. The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario. This ensures Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results. Graphite One expects timely receipt of ongoing results. Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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.

Additional Mineral Potential at Graphite Creek (Western Extension):

As demonstrated by the step out drillhole (Drill Hole 12GCH008), which is 2.2km west of the inferred resource (see press release dated October 2, 2012); surface grab samples and the airborne geophysical survey signature brings significant upside potential for resource increase as the deposit remains open at depth and along strike.

Graphite One Potential Target*
	Tonnage (Million)	Graphite % (Cg) by LECO	Insitu Graphite (Metric Tonnes)
Western Extension	235 to 492	4.2 to 7.9	9,870,000 to 38,868,000

The approximate tonnages and grades have been determined by taking the results from drillhole 12GCH008 (52m of 6.09% Cg) plus or minus 30 per cent grade and considering the strike extent from the existing inferred resource considering that airborne geophysics, surface mapping and sampling has shown continuity of the mineralized rocks on surface, at depth and along strike.

About Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek property is characterized by coarse crystalline (large-flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). The host schist(s) is continuous over 18 kilometres of strike length, based on mapping and geophysics.

Graphite One uses Actlabs (Ancaster, Ontario), an ISO/IEC 17025 accredited analytical laboratory. The technique used for determining graphitic carbon is by LECO whereby the pulp is either digested with hydrochloric and perchloric acids, or subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

The mineral resource estimates reported in this press release were prepared in accordance with Canadian National Instrument 43-101Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities. For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in the classification of mineralization. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral resources, except in rare cases.

Graphite One Announces Stock Option Grants

2012-10-30 15:14:00

Not for distribution in the United States or through U.S. newswire services

October 30, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") announces that the Board has approved the grant of 1,355,000 incentive stock options, exercisable at CDN$0.20 per share over a five-year period of which 1,175,000 are issued to Directors and Officers. These options will vest immediately.

About Graphite Creek

Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface. The mineralization where drilling occurred during 2012, covers an area of at least 5.5 square kilometers (which only represents 12% of the total strike length). The width and depth of mineralization that has been confirmed by drilling are in excess of 250 metres. Therefore, there could be a potential deposit size of 120-175 million tonnes at average grades between 5.1 and 7.3% graphite (Cg) and not include results from the 2.2 km step out drill hole (12GCH008). Graphite One has now reported the results for all of the 2012 drill holes.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.

The potential quantity and grade of the Graphite Creek deposit is conceptual in nature and the Company hopes to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that the Graphite Creek deposit will be defined as a mineral resource. The potential quantity and grade of the deposit is being determined through the progression of exploration and the assays received. Rock grab samples are selective by nature and are unlikely to represent average grades of the deposit. To date, the company’s exploration activities include airborne geophysical surveys, mapping, drilling, prospecting and rock grab and channel sampling. The deposit target range is primarily based on drilling results obtained to date.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Drills 83.55m Of 6.03% Graphite Including 21.55m Of 11.0% Graphite

2012-10-22 13:44:00

October 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.�

Hole 12GC010: 216.67 metres of 3.13% including 83.55 metres of 6.03%, 21.55 metres of 11.0% Graphite

Analytical 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.

"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."

�- Anthony Huston, President and Director of Graphite One Resources

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GCH007(hole 16 of 18)	160	-50	8.46	177.39	168.93	2.94%
��including			8.46	41.00	32.54	5.78%
��including			9.0	31.00	22.00	7.05%
12GC009(hole 17 of 18)	160	-50	42.0	233.17	190.17	3.37%
��including			42.0	150.00	108.00	5.01%
��including			55.0	79.00	24.00	7.02%
��including			94.31	111.54	17.23	9.35%
12GC010(hole 18 of 18)	160	-50	13.45	230.12	216.67	3.13%
��including			13.45	35.00	21.55	11.00%
��including			13.45	97.00	83.55	6.03%

*Cg � Graphitic Carbon; C � Total Carbon (see cross-sections 12GCH007, 12GC009, and 010 attached)

The drill holes were drilled at -50 degree dip to test true thickness of mineralization.� The graphite bearing rocks dip at approximately 60 degrees and are exposed at surface along the dip slope which would be ideal with respect to an open pit mining operation and low strip ratio.

During 2011, Graphite One tested 3 samples from surface at the Graphite Creek area (where the 2012 drilling was focused) for flake size analysis.� The samples analyzed included: (1) high grade rock grab samples (assayed 56.9%C); (2) mixed grade rock grab samples (disseminated and high grade material mixed (assayed 14.5%C)); and (3) rock grab samples with disseminated graphite (assayed 8.2% C).� From these samples, 84.3%; 93.6% and 76.5% of graphite recovered are large flakes respectively (greater than 80 mesh).� Specifically, the majority of the recovered graphite in the samples is considered to be large flake.� Furthermore, the majority of the large flake graphite is greater than 40 mesh (64.8%, 65.8% and 73.3%, respectively) and is considered Jumbo Flake. �The analytical work was conducted at Hazen Laboratories, Co, USA.� Also during 2011, Graphite One tested one sample for recoveries.� Subsequently, using a combination of Gravity Separation and Floatation, recoveries of the 40-80 mesh graphite only, resulted in graphite recoveries from 86.8 to 92% Cg.� The analytical work was conducted at Hazen Laboratories, Co, USA.� Currently, Graphite One has 5 composite drill core samples at both Hazen Laboratories and Actlabs.� The samples are to be analyzed first for flake size.� Secondly, they will be utilized to develop preliminary bench scale tests for creating a marketable graphite concentration.��

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska.� The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario.� This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results.� Graphite One expects timely receipt of ongoing results.� Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek

Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface.� The mineralization where drilling occurred during 2012, covers an area of at least 5.5 square kilometers (which only represents 12% of the total strike length).� The width and depth of mineralization that has been confirmed by drilling are in excess of 250 metres. Therefore, there could be a potential deposit size of 120-175 million tonnes at average grades between 5.1 and 7.3% graphite (Cg) and not include results from the 2.2 km step out drill hole (12GCH008).� Graphite One has now reported the results for all of the 2012 drill holes.

Graphite One uses Actlabs (Ancaster, Ontario), an ISO/IEC 17025 accredited analytical laboratory.� The technique used for determining graphitic carbon is by LECO whereby the pulp is either digested with hydrochloric and perchloric acids, or subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.�

About Graphite One Resources Inc.

The potential quantity and grade of the Graphite Creek deposit is conceptual in nature and the Company hopes to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that the Graphite Creek deposit will be defined as a mineral resource. The potential quantity and grade of the deposit is being determined through the progression of exploration and the assays received. �Rock grab samples are selective by nature and are unlikely to represent average grades of the deposit.� To date, the company’s exploration activities include airborne geophysical surveys, mapping, drilling, prospecting and rock grab and channel sampling. The deposit target range is primarily based on drilling results obtained to date.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com�

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Extends EM Conductor To 18 Km Strike Length And Samples 80.9% Graphite In Rock Grab Samples

2012-10-16 15:36:00

October 16, 2012 - Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce it has received the extension of the airborne geophysical survey data and all the rock grab sample results.� �Graphite One has extended the EM conductor to the east and it is now approximately 18km long and is directly related to wide scale, high grade, graphite mineralization. The airborne geophysical survey (999 line kilometres) was conducted by SkyTEM Canada Inc. (“SkyTEM”) which comprised both magnetics and electromagnetics (SkyTEMs’ Dual-Moment, Time-Domain Electromagnetic (“TDEM”) System).�

Analytical results from all 591 rock grab samples collected throughout the Property during mapping have now been received.� The results further confirm that graphite mineralization exposed at surface extends across the Property (see sample result map attached).� Mapping and Sampling was focused to those areas where outcrop was exposed along both the 18 km long conductor (the main trend) and the Araujo trend (the southern trend).

Of the 591 rock grab samples, 314 contains greater than 1% Cg (Graphitic Carbon) and 73 of those contain greater than 5% Cg of which 47 samples contain greater than 10% Cg (with samples up to 80.9% Cg; see rock grab sample result map attached).� It should also be noted that seven of the rock grab samples which contain greater than 10% Cg come from the southern trend, which at this point is under-explored.

“The rock grab samples continue to re-iterate the presence of high grade graphite mineralization along both the main trend and the southern trend.� The newly discovered southern trend has seen very little exploration.� Now that the main trend is over 18 km in strike length we have only drill tested 12% of the trend in detail which further builds to our story as we continue to work towards a resource” stated Anthony Huston, President and Director for Graphite One Resources.

During 2011, Graphite One tested 3 samples from surface at the Graphite Creek area (where the 2012 drilling was focused) for flake size analysis.� The samples analyzed included: (1) high grade rock grabs (assayed 56.9%C); (2) mixed grade rock grabs (disseminated and high grade material mixed (assayed 14.5%C)); and (3) rock grabs with disseminated graphite (assayed 8.2% C).� From these samples 84.3%; 93.6% and 76.5% of graphite recovered are large flakes respectively (greater than 80 mesh).� Specifically, the majority of the recovered graphite in the samples is considered to be large flake.� Furthermore, the majority of the large flake graphite is greater than 40 mesh (64.8%, 65.8% and 73.3%, respectively) and is considered Jumbo Flake. �The analytical work was conducted at Hazen Laboratories, Co, USA.� Also during 2011, Graphite One tested one sample for recoveries.� Subsequently, using a combination of Gravity Separation and Floatation, recoveries of the 40-80 mesh graphite only, resulted in graphite recoveries from 86.8 to 92% Cg.� The analytical work was conducted at Hazen Laboratories, Co, USA.� Currently, Graphite One has 5 composite drill core samples at Hazen Laboratories and Actlabs.� The samples are to be analyzed first for flake size.� Secondly, they will be utilized to develop preliminary bench scale tests for creating a marketable graphite concentration.��

About Graphite Creek

Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface.� The mineralization where drilling occurred during 2012, covers an area of 5.5 square kilometres (which only represents 12% of the total strike length).� The width and depth of mineralization that has been confirmed by drilling are in excess of 250 metres. Therefore, there could be a potential deposit size of 120-175 million tonnes at average grades between 5.1 and 7.3% graphite (Cg).� This would only consider 12% of the total strike length and not include results from the 2.2km step out drill hole (12GCH008). �Graphite One has now reported 15 of its 18 drill holes, and will continue to report assay results as received.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.�

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V, GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource. The potential quantity and grade of the Graphite Creek deposit is conceptual in nature and there has been insufficient assay data received at this time to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that further exploration will result in the Graphite Creek deposit being defined as a mineral resource. The potential quantity and grade of the deposit is being determined through the progression of exploration and the assays received. �Rock grab samples are selective by nature and are unlikely to represent average grades of the deposit.� To date, the company’s exploration activities include airborne geophysical surveys, mapping, drilling, prospecting and rock grab and channel sampling. The deposit target range is primarily based on drilling results obtained to date.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com�

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Drills 177.0m Of 3.0% Graphite Including 52m Of 6.02% And 30.59m Of 7.07% Graphite In Step-Out Hole 2.2km West

2012-10-02 05:30:00

October 2, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce drill results on a 2.2 km step out diamond drill hole for its Graphite Creek Property.

Results include:

Hole 12GCH008 (Hole 15 of 18): 177.0 metres of 3.0% including 52.0 metres of 6.02%, and 30.59 metres of 7.07% Cg

Analytical results from diamond drill hole 12GCH008 have been received. In total, 15 of the 18 drill hole results have now been released. Now, a 4.4 km section of the known 16 km long EM Conductor has been tested (see drill hole map attached; see Table below).

“The step-out hole shows the high-grade mineralization is continuous for more than 4.4 km as confirmed by drilling.” stated Anthony Huston, President and Director for Graphite One Resources.

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GCH008 (hole 15 of 18)	160	-50	6.0	183.0	177.0	3.0%
……including			6.0	58.00	52.0	6.02%
……including			19.41	50.0	30.59	7.07%

*Cg – Graphitic Carbon; C – Total Carbon (see cross-section 12GCH008 attached)

The drill hole was drilled at -50 degree dip to test true thickness of mineralization. The graphite bearing rocks dip at approximately 60 degrees and are exposed at surface along the dip slope which would be ideal with respect to an open pit mining operation and low strip ratio.

During 2011, Graphite One tested 3 samples from surface at the Graphite Creek area (where the 2012 drilling was focused) for flake size analysis. The samples analyzed included: (1) high grade rock grabs (assayed 56.9%C); (2) mixed grade rock grabs (disseminated and high grade material mixed (assayed 14.5%C)); and (3) rock grabs with disseminated graphite (assayed 8.2% C). From these samples 84.3%; 93.6% and 76.5% of graphite recovered are large flakes respectively (greater than 80 mesh). Specifically, the majority of the recovered graphite in the samples is considered to be large flake. Furthermore, the majority of the large flake graphite is greater than 40 mesh (64.8%, 65.8% and 73.3%, respectively) and is considered Jumbo Flake. The analytical work was conducted at Hazen Laboratories, Co, USA. Also during 2011, Graphite One tested one sample for recoveries. Subsequently, using a combination of Gravity Separation and Floatation, recoveries of the 40-80 mesh graphite only, resulted in graphite recoveries from 86.8 to 92% Cg. The analytical work was conducted at Hazen Laboratories, Co, USA. Currently, Graphite One has 5 composite drill core samples at Hazen Laboratories and Actlabs. The samples are to be analyzed first for flake size. Secondly, they will be utilized to develop preliminary bench scale tests for creating a marketable graphite concentration.

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska. The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario. This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results. Graphite One expects timely receipt of ongoing results. Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek property is characterized by coarse crystalline (large-flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping and geophysics.

Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface. The mineralization where drilling occurred during 2012, covers an area of 5.5 square kilometres (which only represents 14% of the total strike length). The width and depth of mineralization that has been confirmed by drilling are in excess of 250 metres. Therefore, there could be a potential deposit size of 120-175 million tonnes at average grades between 5.1 and 7.3% graphite (Cg). This would only consider 14% of the total strike length and not include results from the 2.2km step out drill hole (12GCH008). Graphite One has now reported 15 of its 18 drill holes, and will continue to report assay results as received.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V, GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource. The potential quantity and grade of the Graphite Creek deposit is conceptual in nature and there has been insufficient assay data received at this time to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that further exploration will result in the Graphite Creek deposit being defined as a mineral resource. The potential quantity and grade of the deposit is being determined through the progression of exploration and the assays received. Rock grab samples are selective by nature and are unlikely to represent average grades of the deposit. To date, the company’s exploration activities include airborne geophysical surveys, mapping, drilling, prospecting and rock grab and channel sampling. The deposit target range is primarily based on drilling results obtained to date.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Drills 172.79m Of 5.39% Graphite Including 54.87m Of 10.03% And 42m Of 12.01% Graphite And Stakes Additional Claims

2012-09-25 07:28:00

September 25, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce drill results for holes 11 thru 14 for its Graphite Creek Property. Graphite One has verified the 16km long EM conductor is directly related to wide scale, high-grade graphite mineralization and reiterates an abundance of large flake graphite.

Exceptional results include:

Hole 12GCH005: 172.79m of 5.39% including 54.87m of 10.03%, and 42.0m of 12.01% Cg
and
Hole 12GCH006: 146.77m of 4.0% including 57.77m of 6.56%, and 31.77m of 10.14% Cg

Analytical results from diamond drill holes 12GC008, 12GCH004, 005 and 006 have been received. In total, 14 of the 18 drill hole results have now been released. 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.

“These are outstanding results and clearly represent a strong continuity of high grade and large flake graphite bearing rocks both on the down dip and along strike,” stated Anthony Huston, President and Director for Graphite One Resources. "Our exploration team continues to be successful in unlocking value at Graphite Creek and they should be congratulated for their efforts" continued Mr. Huston.

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GC008 (hole 11 of 18)	160	-50	41.19	169.00	127.81	4.02%
……including			41.19	70.48	29.29	6.32%
……including			108.00	135.00	27.00	5.02%
12GCH004(hole 12 of 18)	160	-50	5.97	118.00	112.03	4.26%
……including			5.97	54.81	48.84	6.09%
……including			5.97	35.18	29.21	8.06%
12GCH005(hole 13 of 18)	147	-87	6.13	178.92	172.79	5.39%
……including			6.13	61.00	54.87	10.03%
……including			8.00	50.00	42.00	12.01%
12GCH006(hole 14 of 18)	160	-50	12.23	159.00	146.77	4.00%
……including			12.23	70.00	57.77	6.56%
……including			12.23	44.00	31.77	10.14%

*Cg – Graphitic Carbon; C – Total Carbon (see cross-sections 12GC008, 12GCH004, 005, and 006, attached)

The drill holes were drilled at -50 degree dip to test true thickness of mineralization with the exception of drill hole 12GCH005, which was drill at -87 degree dip to test the downward continuity of the graphite mineralization. The graphite bearing rocks dip at approximately 60 degrees and are exposed at surface along the dip slope, which would be ideal with respect to an open-pit mining operation and low strip ratio.

During 2011, Graphite One tested 3 samples from surface at the Graphite Creek area (where the 2012 drilling was focused) for flake size analysis. The samples analyzed included: (1) high grade rock grabs (assayed 56.9%C); (2) mixed grade rock grabs (disseminated and high grade material mixed (assayed 14.5%C)); and (3) rock grabs with disseminated graphite (assayed 8.2% C). From these samples 84.3%; 93.6% and 76.5% of graphite recovered are large flakes respectively (greater than 80 mesh). Specifically, the majority of the recovered graphite in the samples is considered to be large flake. Furthermore, the majority of the large flake graphite is greater than 40 mesh (64.8%, 65.8% and 73.3%, respectively) and is considered Jumbo Flake. The analytical work was conducted at Hazen Laboratories, Co, USA. Also during 2011, Graphite One tested one sample for recoveries. Subsequently, using a combination of Gravity Separation and Floatation, recoveries of the 40-80 mesh graphite only, resulted in graphite recoveries from 86.8 to 92% Cg. The analytical work was conducted at Hazen Laboratories, Co, USA. Currently, Graphite One has 5 composite drill core samples at both Hazen Laboratories and Actlabs. The samples are to be analyzed first for flake size. Secondly, they will be utilized to develop preliminary bench scale tests for creating a marketable graphite concentration.

Recently, Graphite One staked 40 additional claims totaling 2,590 Hectares to further cover known graphite mineralization at surface both along the main trend and the south trend (Araujo Zone). The Graphite Creek Property now comprises 129 claims totaling 6,799 hectares.

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska. The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario. This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results. Graphite One expects timely receipt of ongoing results. Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek

The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek property is characterized by coarse crystalline (large-flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping and geophysics.

Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface. The mineralization where drilling occurred during 2012, covers an area of 5.5 square kilometres (which only represents 14% of the total strike length). The width and depth of mineralization that has been confirmed by drilling are in excess of 250 metres. Therefore, there could be a potential deposit size of 120-175 million tonnes at average grades between 5.1 and 7.3% graphite (Cg). This would only consider 14% of the total strike length. Graphite One has now reported 14 of its 18 drill holes, and will continue to report assay results as received.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V, GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource. The potential quantity and grade of the Graphite Creek deposit is conceptual in nature and there has been insufficient assay data received at this time to properly define a mineral resource in accordance with NI 43-101 requirements. Although the Company sees no reason why a compliant mineral resource could not be defined, there is no guarantee that further exploration will result in the Graphite Creek deposit being defined as a mineral resource. The potential quantity and grade of the deposit is being determined through the progression of exploration and the assays received. Rock grab samples are selective by nature and are unlikely to represent average grades of the deposit. To date, the company’s exploration activities include airborne geophysical surveys, mapping, drilling, prospecting and rock grab and channel sampling. The deposit target range is primarily based on drilling results obtained to date.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

Map of Drill Results Announced To Date

Drill Hole 12GC008

Drill Hole 12GCH004

Drill Hole 12GCH005

Drill Hole 12GCH006

Graphite One Drills 47.0M Of 6.02% And 166.62M Of 4.01% Graphite

2012-09-12 13:57:00

September 12, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce drill results for its Graphite Creek Property. Graphite One has verified that the 16km long EM conductor is directly related to wide scale, high-grade and large-flake graphite mineralization.

Hole GCH001: 128.0 metres of 3.79% including 47.0 metres of 6.02%, and 18.0 metres of 6.1% graphite

Hole 12GC007: 166.62 metres of 4.01% including 30.62 metres of 7.01% and 25.77 metres of 8.14% graphite

“The results from this year’s program continue to be exciting as they show us the continuity of this high grade, large flake graphite ore body. We drilled over 2.2km of strike length, which is only 14% of the total strike length identified by our airborne electromagnetic survey. And it's important to understand that this doesn't include the newly discovered Araujo and South Zones,” stated Anthony Huston, President and Director for Graphite One Resources. “This year’s results continue to demonstrate the significant size and quality potential for this ore body.”

Analytical results from diamond drill holes 12GCH001, 002 and 003 and 12GC006 and 007 have been received. The results further confirm that graphite mineralization exposed at surface extends to vertical depths of over 200 metres (see drill hole map attached; see Table below). All drill holes will be used to produce a NI 43-101 compliant graphite resource, anticipated in Q1 2013.

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GCH001	160	-50	7.0	135.0	128.0	3.79%
……including			7.0	54.0	47.0	6.02%
……including			72.0	90.0	18.0	6.1%
12GCH002	160	-50	3.93	124.0	120.07	3.95%
……including			3.93	37.0	33.07	6.09%
……including			9.0	29.0	20.0	7.95%
……including			57.06	100.87	43.81	5.31%
12GCH003	160	-50	3.94	169.77	165.83	2.96%
……including			3.94	33.25	29.31	8.0%
……including			3.94	21.0	17.06	11.07%
……including			63.0	101.95	38.95	4.09%
12GC006	160	-50	13.97	211.0	197.03	2.21%
……including			13.97	70.0	56.03	3.69%
……including			33.0	53.0	20.0	5.08%
12GC007	160	-50	59.38	226.0	166.62	4.01%
……including			59.38	90.0	30.62	7.01%
……including			119.0	144.77	25.77	8.14%

*Cg – Graphitic Carbon (see cross-sections 12GCH001, 002 and 003, GC006, 007 attached)

The drill holes were drilled at -50 degree dip to test true thickness of mineralization. The graphite bearing rocks dip at approximately 60 degrees and are exposed at surface along the dip slope which would be ideal with respect to an open pit mining operation and low strip ratio.

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska. The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario. This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results. Graphite One expects timely receipt of ongoing results. Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek

The Graphite Creek property comprises 89 claims totalling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek property is characterized by coarse crystalline (large-flake) graphite (more than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness in excess of 250 metres, and is exposed down dip 200 to 250 metres, thus indicating the potential for more than 250 million tonnes of graphite-bearing rock. The estimate of potential tonnage is based on the company's geological mapping in 2011/12 and drilling during 2012. The potential size and grade of the mineralization at the Graphite Creek Property are conceptual in nature as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in discovery of a mineral resource. The property is three kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and three kilometres from an airstrip to the southeast.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Graphite One Collects Rock Samples With Up To 63% Graphite and Completes 2012 Exploration Program

2012-09-06 11:17:00

September 6, 2012 - Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce rock grab sample results for its Graphite Creek Property.� Graphite One has verified that the 16km long EM conductor is directly related to wide scale, high grade, graphite mineralization and continues to build on that.

Analytical results from 506 of 591 rock grab samples collected throughout the property during mapping have now been received. �The results further confirm that graphite mineralization exposed at surface extends across the property (see sample result map attached).� Mapping and Sampling was focused to those areas where outcrop was exposed along both the 16km long conductor (the main trend) and the Araujo trend (the southern trend).

Of the 506 samples, 264 contains greater than 1% Cg (Graphitic Carbon) and 63 of those contain greater than 5% Cg of which 37 samples contain greater than 10% Cg (with samples up to 63.5% Cg).

“The rock grab sample results further re-iterate the presence of high grade graphite mineralization along both the main trend and the Araujo trend (28% Cg).� These results continue to demonstrate that this will be one of the most significant, coarse flake graphite resources in the world” stated Anthony Huston, President and Director for Graphite One Resources.

The field program is now complete and Graphite One Resources has now:

Completed a total of 18 diamond drill holes with over 4,248 metres drilled.� These drill holes tested the surface graphite mineralization at the Graphite Creek area along the high priority EM conductor;
Collected 591 rock grab samples and mapped along the known EM conductor(s) to test the strike extent and grade of graphite mineralization exposed at surface;
Completed 3 surface mini-bulk samples for mineralogy and metallurgical testing which total approximately 10.5 metric tonnes;
Completed 32 metres of surface channel samples;
Staked additional claims and flown an additional 506 line-kilometres of airborne geophysics (now totaling 1,505 line-kilometres).

Furthermore, “At this point we feel that we have achieved our goals which were set earlier in 2012 and look forward to the completion of our NI-43-101 compliant resource by early 2013. We are confident the resource will be significant.” stated Anthony Huston.

Please Click Here for a link to the Figure

About Graphite Creek
The Graphite Creek Property comprises 89 claims totaling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome.� Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large-flake) graphite (>80mesh) within graphite-bearing schist(s).� Graphite mineralization is exposed at surface.� The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). �The host schist(s) is continuous over 16 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness in excess of 250 metres, and is exposed down dip 200 to 250 metres, thus indicating the potential for more than 250 million tonnes of graphite-bearing rock.� The estimate of potential tonnage is based on the Company’s geological mapping in 2011/12 and drilling during 2012.� The potential size and grade of the mineralization at the Graphite Creek Property is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.� The Property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the southeast.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.
GRAPHITE ONE RESOURCES INC. (GPH: TSX-V, GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com�

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Drills 1.7km Step-Out With 136.58m Of 4.0% And 40.58m Of 6.35% Graphite

2012-08-16 15:46:00

August 16, 2012 - Calgary, Alberta � Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce more drill results for its Graphite Creek Property.� Graphite One has verified that the 16km long EM conductor is directly related to wide scale, high grade, graphite mineralization.�

Hole 4: 237.75 metres of 2.66% including 136.58 metres of 4.00%, and 40.58 metres of 6.35% graphite

“The step-out drill results are significant in that they verify continuity of the graphite bearing rocks across 1.7km” stated Anthony Huston, President and Director for Graphite One Resources, “and the EM Conductor is getting stronger as we go east”.

Analytical results from diamond drill holes 12GC003, 004 and 005 have been received. Drill holes 12GC003 and 12GC004 are over 1,700m apart. The results further 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.

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GC003	160	-50	30.13	265.83	234.83	2.18%
....including			30.13	93.00	61.87	3.52%
....including			30.13	44.00	13.00	5.30%
....including			73.29	92.00	18.71	7.01%
....including			112.00	154.00	42.00	2.52%
....including			120.00	124.00	4.00	8.75%
12GC004	160	-50	20.42	258.17	237.75	2.66%
....including			20.42	157.00	136.58	4.00%
....including			20.42	61.00	40.58	6.35%
....including			20.42	38.00	17.58	9.36%
....including			85.30	133.00	47.70	4.59%
12GC005	160	-50	32.61	252.07	219.46	2.24%
....including			32.61	103.52	70.91	3.59%
....including			32.61	49.00	16.39	6.02%
....including			84.00	103.52	19.52	6.04%
....including			136.43	186.20	49.77	3.00%

*Cg � Graphitic Carbon (see cross-sections 12GC003, 004 and 005 attached)

Graphite One Resources has now:

Completed drill holes 12GC001 to 12GC008 and 12GCH001 to 12GCH006, to total 14 diamond drill holes finalized with over 3,392 metres drilled to date.� These drill holes tested the surface graphite mineralization at the Graphite Creek area along the high priority EM conductor.� Please see Map on page 4.
Collected 570 rock grab samples and mapped along the known EM conductor(s) to test the strike extent and grade of graphite mineralization exposed at surface.
Completed 3 surface mini-bulk samples for mineralogy and metallurgical testing which total approximately 10.5 metric tonnes.��

About Graphite Creek

The Graphite Creek Property comprises 89 claims totaling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome.� Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large-flake) graphite (>80mesh) within graphite-bearing schist(s).� Graphite mineralization is exposed at surface.� The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness of 100 metres, and is exposed down dip 100 to 200 metres, thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock.� The estimate of potential tonnage is based on the Company’s geological mapping in 2011.� Two samples were collected during 2011 of the graphite-bearing schist contain 9.1 to 21.8% graphite, respectively.� A sample collected within a high-grade lense within the schist contained 56.9% graphite.� A historical composite chip sample across a 16 metre outcrop of graphite-bearing schist contained 8.36% graphite.� Other schists in the area contain 2 to 6% graphite.� The potential size and grade of the mineralization at the Graphite Creek Property is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource.� The Property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the southeast.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed)

"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com�

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Graphite One Drills 165.3m Of 4.23% Graphite Including 46.4m Of 6.6%, 14.3m Of 10.1% And 21m Of 10.1% Graphite

2012-08-07 09:12:00

August 7, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce its initial drill results and an exploration update for its Graphite Creek Property. Graphite One has verified that the 16km long EM conductor is directly related to wide scale, high grade, graphite mineralization.

Hole 1: 411.7 metres of 2.1% including 127.9 metres of 4.1%, and 41.73 metres of 6.7% graphite

Hole 2: 353 metres of 2.7% graphite including 165.3 metres of 4.23%, 46.4 metres of 6.6% and 21 metres of 10.1% graphite

“The initial drill results represent drilling along only 4% of our 16km long conductor. These exceptional results demonstrate that this will be one of the most significant, coarse flake graphite resources in the world” stated Anthony Huston, President and Director for Graphite One Resources. "These early stage results are very encouraging and in-line with our expectations and goal of producing a new and substantial NI 43-101 graphite resource based on this year's exploration program" continued Mr. Huston.

Analytical results from the first 2 diamond drill holes have been received. Drill holes 12GC001 and 12GC002 (300m apart), tested graphite mineralization at the Graphite Creek area. The results 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.

Drill Hole	Azimuth	Dip	Depth		Intersection (m)	Graphite (% Cg)*
Drill Hole	Azimuth	Dip	From (m)	To (m)	Intersection (m)	Graphite (% Cg)*
12GC001	160	-50	17.13	428.85	411.72	2.1%
……including			17.13	145.0	127.87	4.1%
……including			17.13	58.86	41.73	6.67%
……including			76.02	96	19.98	6.18%
……including			110.91	153.22	42.31	3.01%
12GC002	160	-50	26.7	380.09	353.39	2.67%
……including			26.7	192	165.3	4.23%
……including			26.7	73.11	46.41	6.6%
……including			26.7	41.0	14.3	10.1%
……including			86.0	192.0	106.0	3.68%
……including			122.0	143.0	21.0	10.06%

*Cg – Graphitic Carbon (see cross-sections 12GC001 and 12GC002 attached)

Graphite One Resources has now:

Completed drill holes 12GC001 to 12GC006 and 12GCH001 to 12GCH003, to total 10 diamond drill holes finalized with over 2,387 metres drilled to date. These drill holes tested the surface graphite mineralization at the Graphite Creek area along the high priority EM conductor. Please see Map on page 4
Collected 543 rock grab samples and mapped along the known EM conductor(s) to test the strike extent and grade of graphite mineralization exposed at surface.
Completed 3 surface mini-bulk samples for mineralogy and metallurgical testing which total approximately 10.5 metric tonnes.

Graphite One has its own core logging and sample preparation laboratory/ facility in Nome, Alaska. The sample preparation laboratory was installed, and is being managed by Actlabs, Ancaster, Ontario. This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results. Graphite One expects timely receipt of ongoing results. Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek
The Graphite Creek Property comprises 89 claims totaling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large-flake) graphite (>80mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness of 100 metres, and is exposed down dip 100 to 200 metres, thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock. The estimate of potential tonnage is based on the Company’s geological mapping in 2011. Two samples were collected during 2011 of the graphite-bearing schist contain 9.1 to 21.8% graphite, respectively. A sample collected within a high-grade lense within the schist contained 56.9% graphite. A historical composite chip sample across a 16 meter outcrop of graphite-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% graphite. The potential size and grade of the mineralization at the Graphite Creek Property is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource. The Property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the southeast.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

About Graphite One Resources Inc.
GRAPHITE ONE RESOURCES INC. (GPH: TSX-V, GPHOF: OTCQX) is a mineral exploration company with extensive experience in the state of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Map of Graphite Creek Property

Cross Section For Hole 12GC001

Cross Section For Hole 12GC002

Cross Section For Hole 12GC003

Graphite One Exploration Update

2012-07-12 15:14:00

July 12, 2012 - Calgary, Alberta – Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One" or the "Company") is pleased to announce an exploration update for its Graphite Creek Property.

Graphite One has: (1) collected 307 rock grab samples and mapped along the known EM conductor(s) to test strike extent and grade of graphite mineralization on surface; (2) Completed drill holes 12GC001 and 12GC002 which tested surface graphite showings near Graphite Creek coincident with a high priority EM conductor. Drill hole 12GC001 was drilled to 428.85m and drill hole 12GC002 to 380.1m respectively; and (3) completed 3 surface mini-bulk samples for mineralogy and metallurgical testing which total approximately 10.5 metric tonnes. To date, over 800 metres of drilling has been completed at the Graphite Creek Property.

Graphite One has now installed its core logging and sample preparation laboratory/facility in Nome, Alaska. The sample preparation laboratory will be managed by Actlabs, in Ancaster, Ontario. This will ensure Graphite One maintains the highest level of QA/QC and ensures timely receipt of analytical results.

“Our exploration program has commenced with great success. We have extended the depths of the initial drill holes significantly more than originally planned due to continued mineralization. The initial drill logs are very encouraging with the intercepts being well mineralized over long intervals” stated Anthony Huston, President and Director for Graphite One Resources. “Assays are pending and we are eager to confirm our initial findings” Mr. Huston continued.

Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One'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 Graphite Creek
The Graphite Creek Property comprises 89 claims totaling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large-flake) graphite (>80mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s). The host schist(s) is continuous over 16 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness of 100 metres, and is exposed down dip 100 to 200 metres, thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock. The estimate of potential tonnage is based on the Company’s geological mapping in 2011. Two samples were collected during 2011 of the graphite-bearing schist contain 9.1 to 21.8% graphite, respectively. A sample collected within a high-grade lense within the schist contained 56.9% graphite. A historical composite chip sample across a 16 metre outcrop of graphite-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% graphite. The potential size and grade of the mineralization at the Graphite Creek Property is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource. The Property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the southeast.

Graphite One Resources is committed to a regimented QA/QC program including utilizing standards, blanks and duplicates as per normal industry standards.

The graphite market is only beginning to open up as green technology takes more precedence in the world today. Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses. Graphite has been named a "supply critical mineral" and a "strategic mineral" by the USA and European Union as more demand is being created that surpasses the supply threshold. This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.

ON BEHALF OF THE BOARD OF DIRECTORS
(signed)
"Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com