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Berkwood Announces Large Graphite Flake Charactization Results at LAC Gueret Project, Quebec

Corporate Updates

TSX-V: BKR

FSE: BR2

WKN: A110N3 March 8th, 2018

BERKWOOD ANNOUNCES LARGE GRAPHITE FLAKE CHARACTIZATION RESULTS AT

LAC GUERET PROJECT, QUEBEC

March 8, 2018 / TheNewswire / VANCOUVER, B.C. Berkwood Resources Ltd. (BKR)

(wkn:A110N3) ("Berkwood" or the "Company") is pleased to announce positive preliminary

characterization results of graphite composite samples from its wholly owned Lac Gueret South

property in northeastern Quebec.

Results show that a large portion of the graphite flakes are coarse large flake (20 mesh to 100

mesh) and easily concentrated by simple inverse gravity process (the light portion being the

valuable product), with only a small percentage of the graphite being finer than 100 mesh (100

mesh); the latter might prove to be recoverable as a lower value product once more detailed studies

are completed.

Table 1: Results of characterization work on six samples from Zone 1 highlighting the coarse

graphite (“Cgr”) composition of each sample.

Composite Sample Summary A B C D E F

Head Grade Carbon as

Graphite (% Cgr) 33.8% 10.4% 32.2% 12.3% 36.6% 16.0%

Coarse Graphite Component

(>100 mesh) (%) 22% 32% 20% 31% 34% 42%

Coarse Graphite Grade (% Cgr) 7.4% 3.3% 6.4% 3.8% 12.4% 6.7%

Met-Solve Laboratories Inc. of Langley, British Columbia was retained to carry out basic

characterization tests on six composites derived from selected Phase 1 drill-program core samples

bearing graphite recovered from Zone 1 at the Lac Gueret South proper ty. This characterization

work will be used to inform the further design of a proposed metallurgical program: this larger

program will include sampled from all of the drilling undertaken through to the completion of the

Phase 3 program presently in progress (refer NR of March 5th, 2018).

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Figure 1. Graphite concentrate E with 12.4% Cgr at >100 mesh from 36.6% Cgr head grade.

The six composites prepared from the drill holes cores, representative of the geology outlined

through the completion of the earlier drill programs, featured graphite contents from a low of 10.4%

Cgr to a high of 36.6% Cgr.

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It is worth noting that the high-grade material of Composite E with 36.6% Cgr yielded a coarse large

flake concentrate (20 mesh x 50 mesh) grading 93.5% C graphite.

Tom Yingling, President and CEO states, “These positive results from initial characterization

work show a large portion of coarse large flake within the sampled intervals of Zone 1 graphite

intercepts. This demonstrates that the deposit has a significant component of coarse large flake

graphite, a higher value product. Further metallurgical testing will be needed to design an efficient

graphite concentration process which will be critical to the project economics as we continue to

develop this exciting opportunity. Further metallurgical studies will build on these initial results.

Samples from Phase 2 and 3 drilling will be used.

To view a virtual reality video of the autumn Phase 1 Zone 1 drill program as well as the most

recent winter Phase 2 drill program, visit the bottom of our home page

at: http://www.berkwoodresources.com

The characterization program was supervised for the Company by Michel Robert, P.Eng., a

metallurgist with extensive experience. Edward Lyons PGeo (BC, QC, NL) is a Qualified Person

under the definition of Canadian National Instrument 43 -101, and has approved the technical

information in this news release. Ed has worked extensively on the Lac Gueret Property, now

owned by Mason, and neighbouring graphite properties since 2000.

Other

The Company also announces that it has cancelled its private placement announced January 23,

2018 with intentions to raise up to $1,500,000.

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About the Company: Berkwood is engaged in exploration for the commodities that enable the

modern revolution in essential technologies. These technologies are dependent upon the ethical

mining and supply of naturally occurring elements and minerals that enhance the performance of

energy storage systems and permit the development and miniaturization of new electronics and

structural components for the new suite of innovative tools. The Company is led by a team with

collectively over 100 years experience and whose members have been involved with the discovery

of several producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:

[email protected] or 1-778-945-2935 www.berkwoodresources.com

Neither the 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 news release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward -looking statements, which reflect the expectations of

management. Forward-looking statements consist of statements that are not purely historical, including any

statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to

risks and uncertainties that may cause actual results, performance or developments to differ materially from those

contained in the statements. No assurance can be given that any of the events anticipated by the forward -looking

statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking

statements reflect management’s current views and are based on certain expectations, estimates and assumptions,

which may prove to be incorrect.