International Graphite announced the results of a further 13 RC exploration holes from drilling at the Springdale Graphite Project ("Springdale" or the "Project"), near Hopetoun and 25km south of Ravensthorpe in Western Australia. A total of 32 exploration RC holes (2,558m) have been completed in this drilling campaign at Springdale. Thirteen of these holes were drilled in the area previously identified as SDW_5, and now known as Springdale Central, which is located within 200m of the existing Mineral Resource.

Assay results have been received for the thirteen RC holes. Stand out results include: 17m @ 13.3% TGC from 28m downhole, including 4m @ 22.0% TGC from 32m down hole (SGRC0010); 12m @ 13.7% TGC from 20m downhole, including 2m @ 20.6% TGC from 22m and 2m @ 28.8% TGC from 27m down hole (SGRC0016); 8m @ 11.0% TGC from 16m downhole, including 1m @ 45.0% TGC from 20m downhole (SGRC0011); 22m @ 20.7% TGC from 38m downhole, including 9m @ 36.2% TGC from 40m down hole (SGRC0018).