NRC Nations Royalty Corporation

Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) announces that the
National Research Council of Canada ("NRC") has successfully completed the first
phase of testing of "spherical graphite" produced from the Company's Bissett
Creek deposit. Spherical graphite is an upgraded product, made from the
concentrates produced by the mine, and used to make the anodes for lithium ion
batteries. NRC reported that the electrochemical performance of the uncoated
samples provided by Northern performed very well compared to commercial coated
synthetic samples, especially considering their early stage of development. The
most promising samples for use in lithium-ion battery applications will undergo
further testing to optimize and refine their performance. 


The overall objectives of the program were to evaluate, quantify and compare the
performance of six different samples of uncoated spherical graphite provided by
Northern to each other and to two commercial, coated synthetic reference
samples. Initial testing was carried out on uncoated samples from Northern to
evaluate them at an early stage, identify any potential issues and identify
opportunities to continue optimizing and improving their performance.  


The Northern samples were derived from flotation concentrate produced from the
Bissett Creek project and they were micronized and rounded at commercial
facilities in the US and Japan. Northern has achieved spherical graphite yields
of up to 70% on rounding when starting with its large flake. Almost all
non-synthetic spherical graphite is made from small -100 mesh flake in China and
yields are only about 30%. Different size fractions were produced for testing
and they were purified both by Northern's proprietary process and by a
commercial industry process. 


The work done at NRC focused largely on characterizing and comparing each sample
in terms of the numerous properties that affect the performance of lithium ion
batteries. NRC's battery research laboratory is fully equipped to produce
lithium ion cells to industry standards.


Electrochemical Analysis: Lithium batteries were constructed from the six
samples and the two reference materials. Cycle life and rate capability tests
were performed. Three of the Northern samples showed a slightly higher
irreversible capacity, 28 mAh/g, than the synthetic reference sample at 25mAh/g.
This is very promising for uncoated graphite as performance could be improved by
coating which is standard industry practice for natural graphite.


Northern's uncoated graphite had 24% higher capacity after 50 charge/discharge
cycles then either of the commercial coated synthetic anode materials. After 100
cycles, NGC uncoated graphite had 12% higher capacity than one commercial coated
synthetic graphite and slightly lower than the other. 


Surface Area: In general, the two synthetic reference samples had a lower
surface area than the Northern samples which is desirable to minimize
irreversible capacity loss, maximize electrode density and lower thermal
reactivity. However, the surface area could be improved by a coating procedure
and this will be a second stage of testing at NRC.


Tap Density: Three of the Northern samples had a Tap Density greater than.8
which is better than one reference sample but lower than the other. Tap Density
provides an indication as to how well the materials pack together as there must
be sufficient packing to get high energy density but sufficient porosity to
provide access to the electrolyte. Tap Density can also be improved through
coating. 


X-ray Structural Analysis: The x-ray analysis of the Northern material shows a
diffraction pattern that is characteristic of natural graphite with well
organized diffraction peaks indicating a highly organized graphitic structure,
especially when compared with the synthetic reference material. There was no
evidence of impurities that might affect battery performance in five of the
samples. The sixth sample, which was purified using a commercial process, showed
evidence of a silicate or iron based impurity. Overall, samples purified with
Northern's proprietary process performed better than those purified with the
commercial process.


Next Steps: NRC has recommended continued testing of two or three select
samples, experimentation with different formulations and in particular,
developing and testing a coating procedure which will likely improve
performance.


The Graphite Market 

Graphite demand and prices have increased substantially over the past few years
due to the ongoing modernization of China and other emerging economies which has
resulted in strong demand from traditional steel and automotive markets. In
addition, new applications such as lithium ion batteries, vanadium redox
batteries, fuel cells and nuclear power have the potential to create significant
incremental demand growth. 


China currently produces 70% of the world's graphite and an export tax and a
licensing system have been instituted to restrict exports and encourage value
added processing in China. Recently, the Chinese government proposed a new set
of rules and standards for graphite mines which will make them much more
difficult to operate and build. The recent proposals on new mines are the third
major Chinese graphite supply related announcement this year and follow calls
for REE type protection from the largest Chinese graphite producer and the
formation of a state owned amorphous graphite monopoly. No new graphite mines
were built during the recent economic cycle and the supply situation will become
more acute as Chinese restrictions increase and economies recover. Both the EU
and the US have declared graphite a supply critical mineral.


Northern Graphite Corporation 

Northern Graphite Corporation is a Canadian company that has a 100% interest in
the Bissett Creek graphite deposit located in eastern Ontario and is well
positioned to benefit from this compelling supply/demand dynamic. Northern is
the only graphite company to have completed a bankable Feasibility Study and has
a large flake, high purity, scalable deposit that is located close to
infrastructure with very competitive operating costs. Additional information is
available under the Company's profile on SEDAR at www.sedar.com and on the
Company's website at www.northerngraphite.com or please contact:


This press release has been reviewed and approved by Don Baxter, P.Eng,
President of the Company and a non-independent "Qualified Person" under NI
43-101. 


This press release contains forward-looking statements, which can be identified
by the use of statements that include words such as "could", "potential",
"believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other
similar words or phrases. These statements are only current predictions and are
subject to known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity, performance or
achievements to be materially different from those anticipated by the
forward-looking statements. The Company does not intend, and does not assume any
obligation, to update forward-looking statements, whether as a result of new
information, future events or otherwise, unless otherwise required by applicable
securities laws. Readers should not place undue reliance on forward-looking
statements.

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