Graphite One Inc. announced the appointment of mining veteran Mike Schaffner as Senior Vice President, Mining of the Company's wholly–owned Alaskan subsidiary, Graphite One (Alaska) Inc.,effective July 1, 2022. Prior to joining G1, Mr. Schaffner worked at Ambler Mining, where he oversaw engineering work for the Arctic pre-feasibility study and managed the metallurgical test work program for the company's drilling program. He joined Ambler after 15 years with Newmont Mining, rising through positions of increasing responsibility to the level of General Manager at the Carlin Gold Mine, Cripple Creek and Victor Mines, managing operating budgets in excess of $750 million and a workforce of 1200 employees.

Mr. Schaffner began his mining career with Echo Bay Mining and Coeur Mining at operations in Nevada. Mr. Schaffner's operations are three-time winners of the National Mining Association's Sentinels of Safety award, recognizing the U.S.'s safest mines for continuous injury-free operations. He holds two patents related to bio-oxidation heap leaching.

He received his bachelor's degree in Geologic Engineering from the Montana College of Mineral Science and Technology. The Company also announces that Stan Foo, COO of Graphite One (Alaska) Inc., will retire, effective July 1, 2022.