NewsGRAPHITE ONE RECOGNIZED IN U.S. SENATE CRITICAL MINERAL HEARING
The testimony, before the Senate’s Energy and Natural Resources Committee, was delivered by Edmund Fogels, Deputy Commissioner of the Alaska Department of Natural Resources (“DNR”). In the context of a discussion of critical and strategic minerals, Mr. Fogels called the Graphite One deposit (along with Ucore Rare Metal's rare earth deposit) one of two “exciting projects that the Committee should be aware of,” noting that the U.S. has had no graphite production since 1991. “We are gratified that our project was cited during the Senate’s deliberations on a new national critical minerals policy,” said Anthony Huston, President & CEO of Graphite One. “We are focused on developing our deposit as a source of high-quality graphite to meet growing domestic and global demand.” In his testimony, Commissioner Fogels cited Alaska's unique range of known mineral resources, ranging beyond graphite to a total of 16 critical and strategic minerals. “As the United States strives to further advance high-tech manufacturing,” Mr. Fogels told the Senate Committee, “secure supplies of these inputs become even more important to our nation’s economic and national security.” Supporting documents provided by Mr. Fogels show that graphite is one of 6 critical and strategic minerals for which the U.S. is presently 100% import-dependent. Mr. Fogels full testimony can be read at the U.S. Senate Energy and Natural Resources Committee site: http://www.energy.senate.gov/public/index.cfm/files/serve?File_id=863857df-210f-4f99-821b-793db9ae0a4a.
As previously announced in the Company’s April 13, 2015 media release, on March 22, 2015, Graphite One Advisory Board Member Dan McGroarty was interviewed in a CBS "60 Minutes" segment titled: “Modern Life's Devices Under China's Grip.” The segment highlighted the dangers of foreign dependency on elements essential to green technologies, high technologies and advanced weapons systems. The CBS "60 Minutes" segment can be viewed at http://www.cbsnews.com/news/rare-earth-elements-china-monopoly-60-minutes-lesley-stahl/. About Graphite One Resources Inc. GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 miles north of Nome. The Project is progressing from the exploration to the evaluation phase. Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity. The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products. ON BEHALF OF THE BOARD OF DIRECTORS For more information on Graphite One Resources Inc. please visit the Company’s website, Anthony Huston Investor Relations Contact 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. |
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