Graphite One Resources Inc. provided operational guidance for 2015 on its 100% owned Graphite Creek Project located near Nome, Alaska. Graphite One completed its 2014 drill program in October, with 22 holes totaling 2,296.6 meters, in preparation for a revised NI 43-101 compliant resource estimate. The program focused on infill drilling between holes utilized in the 2014 inferred resource, serving to increase confidence in the continuity and distribution of the graphite mineralization over a 1,000m strike length of the 4.8km long Graphite Creek deposit. Final results from the Graphite One 2014 drilling program are expected in mid-February 2015 and will be incorporated in an updated 43-101 compliant resource estimate.

Graphite One released an updated mineral resource estimate in January 2014 totaling 186.9 Million Tonnes ("Mt") of 5.5% Graphitic Carbon using a cut-off grade of 3%, and 95.9 Mt of 7.2% Cg at a 5% cutoff grade. Graphite One remains on schedule to publish its inaugural Preliminary Economic Assessment ("PEA") on the Graphite Creek Project in second quarter 2015, incorporating its 2014 drill results and the upcoming revised 43-101 compliant mineral resource estimate.