GPH: Tsx‐v Gphof: OTCQX Alaska Government Officials Recognize Graphite One Project as Significant Infrastructure Project of a “Supply Critical Mineral”
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ALASKA GOVERNMENT OFFICIALS RECOGNIZE GRAPHITE ONE PROJECT AS
SIGNIFICANT INFRASTRUCTURE PROJECT OF A “SUPPLY CRITICAL MINERAL”
April 4, 2017 – Vancouver, B.C. – Graphite One Resources Inc. (GPH: TSX‐V, GPHOF: OTCQB)
("Graphite One", “GPH” or the "Company") notes that its Graphite Creek development project
located near Nome, Alaska was included among the infrastructure projects introduced into
testimony to the U.S. Senate Energy and Natural Resources Committee, at its March 30, 2017
hearing, entitled “The potential for infrastructure improvements to create jobs and reduce the
cost of living through all‐of‐the‐above energy and mineral production in Alaska.“
In written testimony to the Senate Energy and Natural Resources oversight hearing, Alaska’s
State Geologist, Steve Masterman, listed the Graphite Creek Project among the state’s
“significant potential development and infrastructure projects.” Mr. Masterman noted:
“The Graphite Creek Project Located on the Seward Peninsula, approximately 50 miles
from Nome, this is the largest graphite deposit in the United States and could supply the
nation’s graphite needs for decades. Natural graphite is a “Supply Critical Mineral”, and
currently there is no domestic production. Infrastructure needed for the project is
anticipated to include a 16‐mile, all‐season access road and a power generating facility.
In addition, the project is exploring opportunities to locate their graphite reprocessing
facility in Alaska, which, with infrastructure and financing support, would be an
additional boost for local employment and economics.”
Joy Baker, Port of Nome director, testified that her agency includes the Graphite One project
among its infrastructure priorities:
“The world‐class Graphite Creek prospect near Nome has attracted significant interest
and it has been characterized as the largest and highest grade large flake graphite
deposit in the U.S. Its development is very close and the Port of Nome will play a key
role in both in supporting its development, and exporting the raw material for refining in
Alaska or in the Lower 48.”
“We are pleased to see Alaska state officials include our project in their infrastructure plans as
outlined to the U.S. Senate,” said Anthony Huston, CEO of Graphite One. “Graphite Creek has
the potential to provide a secure U.S. source of a material critical to high‐tech, green‐tech and
national security applications.”
The Senate hearing and written testimony can be found at:
https://www.energy.senate.gov/public/index.cfm/hearings‐and‐business‐
meetings?ID=0293C1AE‐DB44‐42B1‐8EFB‐B14AEFAD57E1
OTCQB Listing
Effective April 3, 2017, the Company will be listed on the OTCQB.
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GPH: TSX‐V GPHOF: OTCQX
ABOUT GRAPHITE ONE RESOURCES INC.
GRAPHITE ONE RESOURCES INC. (GPH: TSX‐V; GPHOF: OTCQX) continues to develop its Graphite One
Project (the “Project”), whereby the Company could potentially become the dominant American producer
of high grade Coated Spherical Graphite (“CSG”) that is integrated with a domestic graphite resource. The
Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade CSG
primarily for the lithium‐ion electric vehicle battery market. As set forth in the Company’s Preliminary
Economic Assessment, potential graphite mineralization mined fr om the Company’s Graphite Creek
Property, is expected to be processed into concentrate at a graphite processing plant. The proposed
processing plant would be located on the Graphite Creek Property situated on the Seward Peninsula about
6 0 k i l o m e t e r s n o r t h o f N o m e , A l a s k a . C S G a n d o t h e r v a l u e ‐ a d d e d g r a p h i t e p r o d u c t s , w o u l d l i k e l y b e
manufactured from the concentrate at the Company’s proposed graphite product manufacturing facility,
the location of which is the subject of further study and analysis. The Company intends to make a
production decision on the Project once a feasibility study is completed.
ON BEHALF OF THE BOARD OF DIRECTORS
“ANTHONY HUSTON” (SIGNED)
For more information on Graphite One Resources Inc. please visit the Company’s website,
www.GraphiteOneResources.com or contact:
Anthony Huston
CEO, President & Director
Tel: (604) 697‐2862
Email: [email protected]
Investor Relations Contact
1‐604‐684‐6730
CAUTIONARY STATEMENT
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that are deemed to be forward‐looking statements. All statements
in this release, other than statements that are clearly historical in nature, are forward‐looking statements.
Generally, forward‐looking information can be identified by the use of forward‐looking terminology such
as “proposes”, “expects”, or “is expected”, “scheduled”, “estimates”, “projects”, “intends”, “assumes”,
“believes”, “indicates” or variations of such words and phrases that state that certain actions, events or
results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
Forward‐looking information in this release includes, but is not limited to, statements regarding the stage
and progress of development of the Graphite Creek Project including the ability to create jobs and reduce
the cost of living in Alaska, to supply graphite needs for deca des, the ability to provide a secure source of
graphite to certain industries, the anticipated applications of graphite in high‐tech, clean tech, energy
storage and national security applications, are all forward‐loo king statements. Although the Company
believes the expectations expressed in such forward‐looking sta tements are based on reasonable
a s s u m p t i o n s , s u c h s t a t e m e n t s a r e n o t g u a r a n t e e s o f f u t u r e p e r f ormance and actual results or
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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: (i) volatile stock
price, (ii) the results of the p roduct development test work ma y not be indicative of the advancement of
the project as anticipated, or at all, (iii) market prices, (iv) exploitation and exploration successes, (v)
continuity of mineralization, (vi) uncertainties related to the ability to obtain necessary permits, licenses
and title and delays due to third party opposition, (vii) chang es in government policies regarding mining
and natural resource exploration and exploitation, (viii) compe tition faced in securing experienced
personnel, access to adequate infrastructure to support mining, processing, development and exploration
activities and continued availability of capital and financing, and (ix) 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.