ELKO, NV -- (Marketwire) -- 01/16/13 -- Graphite Corp. (OTCQB: GRPH) ("Graphite Corp." or the "Company"), an exploration stage company focused on the evaluation, acquisition and development of domestic graphite mining opportunities, is pleased to announce the engagement of Minetech USA, LLC ("Minetech"), a private engineering firm based in Elko, Nevada.
The Principal Mine Engineer and owner of Minetech is Robert H. "Chip" Todd, P.E., who brings over 30 years' experience in the mining industry. His expertise includes mine and mine facilities engineering, mine operations and construction management. His personal background includes terms as an Engineering General Manager, Operations General Manager, and Technical Services Manager with direct responsibility for the safety, environmental security and profitability of several mine and project sites.
"Graphite is commanding a lot of interest in the industry right now and we are looking forward to working with Graphite Corp. as we believe their initial acquisitions and future plans are well considered and offer tangible potential," stated Minetech owner R.H. 'Chip' Todd.
Minetech will also provide the services of a Geotechnical Engineer, and a Landman. As part of the contract, Graphite Corp. aims to deploy Minetech for long term general engineering consulting in regards to exploring and developing Company properties to most efficiently mesh with small mine planning and graphite extraction. Near term goals will employ their Landman services to evaluate Graphite Corp. land positions including future acquisitions.
Company President Brian Goss states, "We are very pleased to have the expert services of Chip and his team at this juncture of our growth. Minetech has an excellent reputation and relations in the industry and as a smaller firm they offer flexibility and a level of service, commitment and team integration we are very appreciative of. We are certain they understand our needs and feel their services will prove beneficial to our aims."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at www.graphite-corp.com and ensure you view our corporate video at: http://www.graphite-corp.com/investors/presentations.
About Graphite Corp. (OTCQB: GRPH)
Graphite Corp. is a publicly traded Elko, Nevada-based resource exploration stage company focused on the evaluation and development of graphite based deposits within the United States. The Company is positioning itself to emerge as a leading pure-play exploration company through the development of its current strategic land positions in Alabama and Montana straddling the heartland of America's most significant graphite resources. The Company's experienced geological team continues to pursue additional prospective graphite, precious metal, and rare earth opportunities to advance and develop into strategic assets that increase shareholder value. For more information, visit our website at www.graphite-corp.com.
Note Regarding Forward-Looking Statements
This release contains forward-looking statements that reflect the Company's plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "probable," "believe," "forecast," "objective," "plan," "goal" and similar expressions including references to historic data are used to identify forward-looking statements representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.