Standard Graphite Corp. (TSX VENTURE:SGH)(OTCQX:DARDF) (the "Company") is
pleased to report the results from the expansion drilling performed during the
summer 2012 diamond drilling program on its Mousseau East Deposit. The expansion
drilling aimed primarily at tracing the historical mineralization towards the
southwest along a well-defined conductor.


The expansion drilling marked the second phase of the program completed
following the validation drilling for which results were announced earlier (see
press release 21 November 2012) and are highlighted below:




Validation drilling results include:

--  M12-01: 52.9m of 7.5% Cg
    Including 22.9m of 12.9% Cg 
--  M12-03: 18.9m of 9.7% Cg 
--  M12-04: 29.9m of 8.3% Cg 
--  M12-06: 24.6m of 10.6% Cg 
--  M12-07: 15.5m of 11.2% Cg 
--  M12-10: 15.3m of 11.6% Cg



M12-01 was implanted in a previously undrilled section directly south of the
Main zone and confirmed that the mineralization extends beyond the historical
resource. The expansion drill holes were emplaced towards the southwest from
M12-01 along the trace of the EM conductor outlined by an airborne EM survey
flown in the summer 2012. Drilling further confirmed the continuity of the
graphitic horizon along the entire conductor. A series of widely spaced diamond
drill holes successfully traced the extension of the graphite-bearing horizon to
the western edge of the property for an approximate 500m of additional strike
length. A compilation of composite assays from the core produced the following
results.




Expansion Drilling Results

----------------------------------------------------------------------------
                              Depth                                         
                     -----------------------    Intersection        Graphite
Drill Hole           FROM (m)          TO (m)          (i)(m)           Cg %
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
M12-13                 18.00           34.10            16.1            2.01
----------------------------------------------------------------------------
                       67.00           78.70            11.7            2.40
----------------------------------------------------------------------------
M12-14                 51.00           56.40             5.4            4.30
----------------------------------------------------------------------------
                       75.80           82.70             6.9            5.67
----------------------------------------------------------------------------
                      123.00          126.10             3.1            1.94
----------------------------------------------------------------------------
M12-16                 30.30           38.30             8.0            5.77
----------------------------------------------------------------------------
M12-18                 48.40           51.70             3.3            4.49
----------------------------------------------------------------------------
M12-22                 36.40           41.50             5.1            1.65
----------------------------------------------------------------------------
                       46.90           50.20             3.3            1.55
----------------------------------------------------------------------------
M12-23                 40.00           50.00            10.0            2.41
----------------------------------------------------------------------------
M12-25                 40.00           44.40             4.4            1.48
----------------------------------------------------------------------------
M12-27                 45.50           56.10            10.6            6.96
----------------------------------------------------------------------------
(i) Measured intercept along core axis not necessarily representative of    
    true width.                                                             
----------------------------------------------------------------------------



The results obtained appear highly promising and will require additional
drilling along the wider and richer intercepts to define some potential
additional resources. The company is currently preparing this additional phase
of diamond drilling.


During the expansion phase of the program, some 10 widely spaced holes were
drilled to cover a well-defined EM target. The expansion drilling was planned in
consultation with MRB & Associates who was responsible for the supervision of
the drilling operations, the logging and sampling of the core. Sampling
including the addition standardized reference material and blanks according to a
strict QA/QC protocol was carried out in their Val-d'Or facility and half split
core samples were shipped to Act Labs of Ancaster, Ontario for graphitic carbon
assaying.


To view a map of the results please click here:

http://www.standardgraphite.com/i/pdf/w-mousseau.pdf

Chris Bogart, President and CEO, explains: "Expansion drilling confirmed that
there is still room for additional resources on Mousseau East. These results are
also evidence that every conductor on the property will need to be
systematically explored to fully characterize the potential of the project." 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Standard Graphite Corporation
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
info@standardgraphite.com
www.standardgraphite.com

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