Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) provides the
following update to its guidance with respect to the timing of the release of
the results of the bankable feasibility study ("FS") for its 100% owned Bissett
Creek graphite deposit. All work and analysis relating to the FS has now been
completed and it is in the final stages of compilation and review. The Company
expects to issue a press release announcing the results of the FS during the
week of July 9, 2012. A National Instrument 43-101 technical report relating to
the FS will be filed on SEDAR within 45 days thereafter.


The Company will schedule a conference call to discuss the FS results on the day
that they are issued.


This press release contains forward-looking statements, which can be identified
by the use of statements that include words such as "could", "potential",
"believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other
similar words or phrases. These statements are only current predictions and are
subject to known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity, performance or
achievements to be materially different from those anticipated by the
forward-looking statements. The Company does not intend, and does not assume any
obligation, to update forward-looking statements, whether as a result of new
information, future events or otherwise, unless otherwise required by applicable
securities laws. Readers should not place undue reliance on forward-looking
statements.
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