Canada Carbon Completes Geophysical Work and Begins Trenching Anomalies on E1 Target

Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) announces that following
the completion of ground TDEM (PhiSpy) and IP surveys on its priority target E1
(See news release dated May 20th, 2014), it has identified areas with conductive
anomalies associated with IP chargeability. While graphite was discovered in
outcrops as the ground geophysical surveys were being conducted, a trenching
campaign which began on June 18th, 2014 is being utilized to investigate the
subcropping anomalies. Veins of graphite were discovered in the newly exposed
bedrock. A drill phase will follow, contingent upon the results of the trenching
campaign. 


IP Survey: http://www.canadacarbon.com/reports-maps-data 

The geophysical surveys were completed over priority target E1 which was
selected from the airborne VTEM survey because of its extensive size (180 m by
100 m), its close location to the Miller Mine (750 m north of the pit) and the
presence of structural features interpreted from airborne magnetic maps. 


The PhiSpy survey was completed on a 320 by 320 m grid covering the E1 target,
and resulted in the identification of seven anomalies, ranging in size from a
few meters up to 25 m. The near-surface anomalies are primarily located on the
southwest part of the grid, whereas the structural features and airborne
anomalies are located toward the northeast part of the grid. Prospecting and
trenching will be used to investigate those anomalies. 


The IP survey consisted of four 480 m lines oriented in a SW-NE direction that
covered an area of 500 by 150 m. The spacing between the grid lines was 50 m and
the distance between pole and dipole was 12.5 meters to obtain optimal
resolution and depth of penetration. The survey results show interpreted models
of conductivity and chargeability. A total of 8 IP anomalies located in close
proximity to the interpreted structural features were identified, of which 4 are
of particular interest (E1-4, E1-6, E1-7 and E1-8). Anomaly E1-4 is centered
over the airborne VTEM anomaly, suggesting that its source could be common to
both anomalies. Both the VTEM and the IP anomaly are located within a marble
unit which is of interest since both the historic Miller Mine and the VN3
showing are hosted in marble. This anomaly connects at depth, with other
anomalies present, and extends for the width of the entire grid (150 m) in a
NW-SE direction. Initial trenching has revealed small graphite veins in the
exposed bedrock surface. Anomaly E1-6 seems to come close to surface on line
L150. This anomaly lies on the contact between marble and paragneiss units. The
contact will be the focus of trenching since an identical contact hosts the VN1
and VN2 showings. This anomaly follows the structural feature over the width of
the whole grid (150 m). Both anomaly E1-7 and E1-8 are located in paragneiss
outcrops, where graphite exposures were observed. Anomaly E1-7 is strong on
lines L0 and L100, and seems to be subcropping on line 100, but appears to lie
at greater depth on line L0. Anomaly E1-8 is also of interest, but is only
poorly defined since it is at the edge of the surveyed grid and its size is
currently undefined. Maps of the chargeability models and interpretation can be
found on Canada Carbon's website (http://www.canadacarbon.com). 


A trenching program commenced on June 18th, 2014 to work on the defined PhiSpy
and IP anomalies. Local trenching will allow for observation of bedrock
mineralization and geological context over the anomalies. Cleaning of the
trenches will utilize water pressure pumps and will be followed by channel
sampling to measure the quantity of graphite in any interesting mineralization
found. Upon completion of trenching and evaluation of results, a drilling
program will commence to test geophysical anomalies at depths ranging from 10 to
30 metres below the surface, to further investigate the conductive and
chargeability responses. 


Executive Chairman and CEO Mr. R. Bruce Duncan stated, "The Company intends to
proceed with similar systematic ground geophysical surveys over its previously
defined priority targets (See news release dated May 8th, 2014). Additional
targets on the west and east claim blocks are currently being evaluated by
prospecting along with beep-mat surveys. This systematic exploration program
enables the Company to define very detailed targets in a cost effective manner
while further exploring its 100 km2 land package." 


Qualified Person 

Dr. Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants
s.e.n.c.) is an Independent Qualified Person under National Instrument 43-101,
and has reviewed and approved the technical information provided in this news
release.


About Canada Carbon Inc. 

Canada Carbon Inc. is engaged in the acquisition, exploration and evaluation of
mineral properties. The Company holds a 100 % interest in four graphite
properties located in Ontario and Quebec, including two past-producing graphite
mines, the Miller and the Asbury.


CANADA CARBON INC.

R. Bruce Duncan, CEO and Director 

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."


FORWARD LOOKING STATEMENTS: This news release contains forward-looking
statements, which relate to future events or future performance and reflect
management's current expectations and assumptions. Such forward-looking
statements reflect management's current beliefs and are based on assumptions
made by and information currently available to the Company. Investors are
cautioned that these forward looking statements are neither promises nor
guarantees, and are subject to risks and uncertainties that may cause future
results to differ materially from those expected. These forward-looking
statements are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any obligation to
update or revise them to reflect new events or circumstances. All of the
forward-looking statements made in this press release are qualified by these
cautionary statements and by those made in our filings with SEDAR in Canada
(available at www.sedar.com). 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Corporate Video: http://www.canadacarbon.com/miller-video
(604) 638-0971
(604) 638-0973 (FAX)
info@canadacarbon.com
Canada Carbon (TSXV:CCB)
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