Company Highlights

• Company recently sold 200 tons of amorphous graphite, mined from the Company's Nuevo San Pedro mine and additional feed mines located in Sonora Mexico, to a customer within Mexico
• Commenced a program of test mining/bulk sampling at the Nuevo San Pedro amorphous graphite project
• Program is aimed at testing the existing active and inactive workings, as was recommended as the next phase of exploration at the Nuevo San Pedro Project
• Recently released NI 43-101 technical report.

Sonora Mexico Amorphous Graphite Project

Big North Graphite Corp's Sonora Mexico Graphite Projects are prospective for industrial graphite deposits, specifically amorphous graphite. The project consists of two concessions, the 11.11 hectare Nuevo San Pedro concession, 67 kilometres southeast of Hermosillo, Mexico and the 144.60 hectare Akiwiki concession, 72 kilometres southeast of Hermosillo. Both concessions are road accessible from Hermosillo.

Big North acquired all of the issued and outstanding shares of Grafito La Barranca SA de CV, which holds a 50% interest in the Nuevo San Pedro concession and a 100% interest in the Akiwiki concession. There is a 3% Net Smelter Return Royalty associated with the Akiwiki concession, while there is no Royalty associated with the Nuevo San Pedro concession.

The Nuevo San Pedro Project workings consist of a cross cut adit, then a drift along the graphite seam largely to the west. There is a shaft with three sub-levels established to the east. The main graphite seam varies in dip and pinches and swells along strike. There has been some stoping above the adit level, but there is only an estimated 20 metres to surface. Some underhand stoping has been completed below the adit level as well. On the adit level the vein dips at approximately 60 degrees.

The Company recently sold 200 tons of amorphous graphite, mined from the Company's Nuevo San Pedro mine and additional feed mines located in Sonora Mexico, to a customer within Mexico. The graphite sold was a mine run, semi-processed product, consisting of a 3/4 inch minus size, yielding an average grade of 68% Cg. The mined graphite was processed at Big North's processing facility located near the town of La Colorada, Mexico.

The Company commenced test mining at the Nuevo San Pedro project in May of this year and in July announced that it had mined, shipped and stockpiled 160 tons of graphite, leading to the sale of product this month.

Why Invest In Graphite

• Critical supply industrial metal
• One of two natural carbon polymers (diamonds)
• Light weight with highest natural strength and stiffness of any material
• Conductor of heat/electricity
• Corrosion and heat resistant
• High natural lubricity
• Steel and automotive Industries largest users of graphite with demand growing 5-7% annually
• Automotive industry uses:
  • Brake linings, gaskets, clutch materials
• Steel industry uses:
  • liner for ladles, crucibles, component in bricks which line furnaces and to increase carbon content of steel
• Used in portable consumer devices
  • laptops, cell phones, MP3 players, digital cameras, power tools
• Lithium Ion Batteries
• Pencils, lubricants, fire retardants and reinforcements in plastics
• Industrial demand growing 5% per annum over last 10 years due to industrialization of emerging economies such as China and India

What is graphite used for?

Graphite Demand Distribution

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(Range of +80 mesh, 94-97% graphite (US$/tonne)

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