Coordinated Project Plan Fast-41 Permitting

VANCOUVER - Graphite One Inc. reported that the Company moves into the FAST-41 permitting process's 60-day period to develop Graphite Creek's Coordinated Project Plan ("CPP") and detailed permitting timetable. Administered by the Federal Permitting Improvements Steering Council (FPISC), the FAST-41 timetable includes intermediate and final completion dates for each required federal environmental review and authorization. The project's lead Federal agency – in the case of Graphite One, the U.S. Army Corps of Engineers – must work with other cooperating agencies to develop project-specific plans to document the steps they will take to coordinate public and tribal participation and complete the required environmental reviews and authorizations.

As the FPISC has reported: "…on average, projects supported through FAST-41 achieved Record of Decision faster than those that did not leverage FAST-41 by nearly 25%."

Graphite Creek is the first Alaska mining project to be listed on the FAST-41 Federal Dashboard, and the 5th mining project overall. The FAST-41 Dashboard will mark its 10th year since being established by federal law on December 3, 2015.