Jun 08, 2012 — Vancouuver, B.C., June 8, 2012 – BIG NORTH GRAPHITE CORP. CA:NRT -15.00% (the “Company” or “Big North”), announces that the high resolution electromagnetic airborne surveying, utilizing the Impulse system of Aeroquest Limited, has been completed on both the Griffith and Brougham properties, located in southeastern Ontario.
In total 1,187 line kilometres were flown, with flight lines 100m apart, allowing for detailed mapping of stratigraphy and conductive features. The Company expects to be in possession of final data next week. Inspection of preliminary data by the Company’s consultants suggests that both properties have conductors present, including coincident features to the known graphite showings. The results of the EM survey will be used to direct a field program of ground geophysics, mapping and sampling. The details of the next phase of exploration will be announced once finalized by the Company.
Mr. Bill Brereton, P.Eng., a Qualified Person as defined by National Instrument 43-101, independent of Big North, and an Optionor of the Property, has reviewed and approved the technical content of this release.
Investor Relations Agreement
Big North Graphite also announces that the investor relations agreement with Trident Financial, previously announced on April 19, 2012, has been terminated.
For further information concerning this press release, please contact Spiro Kletas at (604) 629-8220.
ON BEHALF OF THE BOARD
“Spiro Kletas” Spiro Kletas President and Chief Executive Officer
Neither 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.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
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