SGH

Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to report
the completion of the confirmation drilling phase on its historic Mousseau East
Graphite Deposit. Drilling is now progressing with the expansion and exploration
phases of the Fall 2012 diamond-drilling program.


This program was the first drill program to be carried out on the Mousseau East
Graphite Property since the early 1990s following the original discovery and the
drilling of a historical resource. The aim of Phase I was to replicate a number
of the historical holes to validate the previous dataset and proceed with an
up-to-date resource calculation compliant with the current NI 43-101 norms.


During Phase I, some 12 historical holes were duplicated representing
approximately 20% of the original diamond-drill holes that served to calculate
the historical resource. The confirmation drilling was planned in consultation
with P&E Mining Consultants who will be responsible for the upcoming NI-43-101
Resource Estimate. Preliminary visual observations indicate a strong correlation
between the historic drilling and the recently completed confirmation drilling.
Samples are currently being prepared and will be sent to Act Labs of Ancaster,
Ontario for graphitic carbon assaying. Drilling, logging and sampling are
carried out under the supervision of MRB & Associates of Val-d'Or, Quebec who is
also responsible for the sampling protocol.


Chris Bogart, President and CEO, states: "The confirmation drilling remains a
fundamental step towards rebuilding the resource at Mousseau East and in this,
the ability to use the historical dataset provides a huge advantage allowing us
to save both time and capital."


To view a map of the results please click here:

http://www.standardgraphite.com/i/pdf/twindrilling.pdf

The Mousseau East Property was acquired by Standard Graphite in April of 2012
(see press release April 24, 2012) and is located some 40 kilometres northeast
of the town of Mont-Laurier in northwestern Quebec and within 50 kilometres of
Timcal Canada Inc.'s producing Lac-des-Iles Graphite Mine, which is currently
the larger of the two producing mines in North America.


Antoine Fournier, P.Geo., manages Standard'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 Standard Graphite

Standard Graphite Corp is focused exclusively on the exploration and development
of a large portfolio of flake graphite properties in Canada. The company is
rapidly positioning itself as North America's premier pure-play graphite
exploration company and it controls 100% interest in 13 highly prospective
graphite properties within known graphite districts in both Quebec and Ontario.
An aggressive 2012 exploration strategy has commenced and will be implemented by
a geologic team with the pedigree of a previous world-class graphite discovery.


ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the
future performance of Standard Graphite Corp. Forward-looking statements,
specifically those concerned with future performance are subject to certain
risks and uncertainties, and actual results may differ materially. These risks
and uncertainties are detailed from time to time in Standard Graphite Corp.'s
filings with the appropriate securities commissions.

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