Alabama Graphite Reports Results from Sonic Drilling at Coosa

Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announced assay results from this past summer’s sonic drilling program at its Alabama-based Coosa graphite project. The program consisted of 24 holes.

Highlights include:

• Holes AGC-14-10S and AGC-14-11S intercepted weathered graphitic schist at the surface to depths of 55’ and 60’ with average grades of C(g) = 3.65% and 3.27%, respectively, in new target areas identified by both geophysics and channel sampling.

• Holes AGC-12S, and AGC-14-13S intercepted weathered graphitic schist at the surface to depths of 55’ and 53’ with average grades of C(g) = 2.84% and 2.89% respectively, within the inferred resource area of the 2012 Northern Strat Section.

Dr. Douglas Oliver, vice president of exploration at Alabama, commented:

We are encouraged with the results of the sonic drill program. The higher average grades seen in several new targets are worthy of follow-up testing and drilling.  Based on the sonic drill results from both the northern strat section and to the southeast of the grid, we have the potential to expand the footprint of the existing oxidized resource.  Coupled with the unique low work-hardness index of the oxidized zone and the Coosa Project’s proximity to infrastructure, increases to the average grade of the resource are anticipated to have a positive impact on our Coosa project’s economics.  In particular, we look forward to initiating a PEA later this year where we can quantify the CAPEX and OPEX advantages of the Coosa Project compared to other North American graphite deposits.

Click here to read the full Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) press release.