Berkwood drills 90m of graphite during ongoing Phase 4 drilling and provides an overview of Mise-Á-La-Masse geophysical results at the Lac Guéret South Graphite Project.
Suite 3204 – 610 Granville Street
Vancouver B.C. V6C 3T3
Phone: (604) 343-7740
email: [email protected]
Website: www.berkwoodresources.com
Berkwood drills 90m of graphite during ongoing Phase 4 drilling and provides
an overview of Mise-Á-La-Masse geophysical results at the Lac Guéret South
Graphite Project.
December 14th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2,
WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that drilling at its Phase 4
definition drilling program on Zone 1 at the Company's 100% owned Lac Guéret South Project is
continuing. The Program is designed to extend eastward, and to infill drill portions of, the current
mineralization model: to date Berkwood has drilled nine (9) new holes for 1,080m of newly acquired core
on Phase 4, to bring the total drilling at Zone 1 to 5,086m over 36 drill holes. In hole BK1-35-18, drilling
intersected 102.45 m ( not a true width) of continuous graphite ( “Cgr”) mineralization. The Company is
also engaged in the collection of selected surface channel samples above the drill hole trace to assist with
enhancing the geological model.
The Phase 4 program is benefitting fr om the Mise- Á-La-Masse (“MALM”) geophysical program
undertaken during the recent fall season. The MALM program charged known graphite intercepts located
in hole BK1-27-18 at grounding points located within two Cgr intercepts respectively located at 130m and
170m downhole. A surface survey grid consisting of 9 N/S lines arranged 100m apart, with lengths ranging
between 525m and 750m was established over the western portion of the historic airborne and ground-
delineated EM conductive resistivity anomaly (refer figures at https://berkwoodresources.com/projects/lac-
gueret-extensions-graphite-project-quebec-canada/). Reference stations along the lines were located every
25m along each line. The surveys from both Cgr horizons confirmed a surface expression of conductivity
of some 250 to 500 m wide N/S that extends over 800 in an ENE direction, and is likely unconstrained to
the ENE. The result indicates that these two graphite-rich beds are electrically interconnected, the current
diffusing from one to the other when grounded. This current diffusion could result from background Cgr or
connective structures between these mineralized horizons. It is also possible that the current spread through
faults to highlight another graphitic bed located at a shallower depth. In each case, a north trend (zone) and
south trend (zone) is identified within the broader conductive feature, as is delineated in the Figure below.
“We’re pleased to share the MALM results with the public,” states Tom Yingling, President and CEO. “The
Phase 4 campaign integrates our deposit model generated through drilling Phases 1 to 3 with the MALM
data to drill with the purpose of assembling sufficient information for the preparation of a preliminary
resource statement.”
The Phase 4 drill program is supported by QC -based drilling and project management companies, and
project and camp support personnel from the Project area. The drill program is being updat ed with near-
real time interactive updates to the geology, structure , and mineralization model by frequent data
transmission to Tony Gilman of Terrane Geosciences (structural modeling) and Michael Waldegger of
MFW Geosciences (resource estimate), to ensure that the Phase 4 work informs real time model evolution
and maximises the effectiveness of drill targeting.
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Figure. Surficial MALM Interpretation @ 130m down-hole BKI-27-18 (upper Cgr intercept)
Lac Gueret South, Zone 1
Lac Gueret South is located in Cote Nord, eastern Quebec, a three-hour drive north from Baie-Comeau in
an area with very good infrastructure. The Project lies directly south of Mason Graphite's (TSX -LLG)
advanced Lac Gueret Project. Mason is developing one of the largest medium - to high -grade graphite
deposits in the world.
The project comprises 288 Claims which cover a total area of 15,552 hectares. Prior to commencement of
the current Phase 4 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company
is pleased to announce it has intersected visual Graphite in every hole drilled to date. Success in these drill
programs confirms that a significant component of the distinct electromagnetic conductors that occur over
a two kilometer strike length and 50 meters to 600 meters in widt h as defined by airborne EM geophysics
(see the Berkwood news release dated February 10, 2015) that includes graphite mineralization.
To view virtual reality video from earlier drill programs and to view the geological model as visualised
following the completion of the Phase 3 drill program, please follow the link at the bottom of our home
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page http://www.berkwoodresources.com and to view current pictures of the fourth drill program please
visit: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/ .
Edward Lyons PGeo (BC, QC, NL ) is a Qualified Person under the definition of Canadian National
Instrument 43-101, and he 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.
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. The Company is particularly
pleased to have partnered with QC -focussed entities for the financial support of the Lac Guéret South
Project.
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
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.
Neither TSX Venture Exchange (“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.