Graphite One Resources Inc. announced that the company has updated the management team and Board of Directors to better reflect the goals and priorities of the company as of March 22, 2012. Charles Chebry would like to announce his resignation as President of Graphite One Resources as Anthony Huston assumes this position. Mr. Chebry will remain as Chairman, CEO and Director of the company. Anthony Huston will continue to remain on the board as a Director along with assuming the position as President of the company. Mr. Budd has an extensive management background with over 20 years of entrepreneurial and sales leadership experience having owned companies in real estate development and managed sales teams for two major software companies: Business Objects and SAP. He has developed and executed comprehensive business plans, corporate communication programs and strategies for both the resource and high-tech sectors. Mr. Budd has been with North Country Gold serving as a Director and VP of Corporate Development. His duties included company public relations, financing and corporate development. Along with his current role as VP of Corporate Development, Mr. Budd serves as Corporate Secretary for North Country Gold Corp.