Berkwood Reports its 4 th Drill Program has Returned Continued High Grade Graphite Assays with 22.22 % Cgr over 102.45m and 43m in Surface Outcrop Channel Graphite Sample Assaying 24.17%. March 11 th, 2019, VANCOUVER, B.C. - Berkwood Resources Ltd. (TSX -V: BKR, FSE:
2200 – 1250 Rene Levesque Blvd. Montreal QC H3B 4W8
Phone: (438) 469-0705
2410 – 610 Granville Street Vancouver BC V6C 3T3
Phone: (604) 343-7740
email: [email protected]
Website: www.berkwoodresources.com
Berkwood Reports its 4 th Drill Program has Returned Continued High Grade
Graphite Assays with 22.22 % Cgr over 102.45m and 43m in Surface Outcrop
Channel Graphite Sample Assaying 24.17%.
March 11 th, 2019, VANCOUVER, B.C. - Berkwood Resources Ltd. (TSX -V: BKR, FSE:
BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has
received positive assay results from the Phase 4 drilling program completed in December, 2018.
The program was designed to test areas around the western fold nose of Zone 1, and to extend and
infill areas of known mineralization with a view to expanding and improving the existing
geological model and to prepare for an initial mineral resource estimate. The 16 inclined NQ holes
totalled 2,078.3 m at the end of the program. Samples were shipped to MS Analytical Laboratories
(Langley, BC) for analysis, following the protocols applied to assay samples for Phases 1 through
3 from late 2017 through 2018. The drill program was carried ou t b y Forage Gyllis of Saint-
Jérôme, Quebec, a Ron Thibault company.
During the program several shallow subcrops of highly graphitic bedrock were exposed and
channel sampled. A channel sample composite over 43m taken normal to strike returned an
average grade of 24.17% graphite. The composite sample results for drilling and channel sampling
during Phase 4 are listed in Table 1, below.
Table 1: Results from Phase 4 Drilling (with Channel Sampling)
DDH ID From (m) To (m) Sample Length
(m)
Cgr
%
BK1-30-18 64.9 111.1 46.23 23.76
includes 64.9 74.23 9.33 25.21
includes 87.83 110.1 22.27 30.93
BK1-33-18 3 65.51 62.51 20.83
includes 3 30.63 27.63 33.93
BK1-34-18 55.65 61.42 5.77 21.12
BK1-35-18 3 105.5 102.45 22.22
includes 3 13.32 10.32 37.29
includes 28.61 39 10.39 29.71
includes 59.6 73.1 13.5 28.09
BK1-36-18 57.14 71.44 14.3 10.63
BK1-37-18 61.19 67.14 5.95 9.14
BK1-38-18 63 68.85 5.85 9.81
BK1-39-18 66.06 70.44 4.38 8.25
TSX-V: BKR
FSE: BK2
WKN: A110N3
DDH ID From (m) To (m) Sample Length
(m)
Cgr
%
BK1-41-18 49.85 80.78 30.93 8.75
BK1-42-18 20.18 178.3 158.12 14.05
includes 24.44 58.42 33.98 28.71
and 115.1 120 4.9 26.69
BK1-43-18 23.43 35.3 11.87 8.44
and 56.84 112.3 55.46 22.56
includes 56.84 86.7 29.86 28.62
BK1-44-18 50.52 55.22 4.7 16.9
and 79.93 84.4 4.47 9.14
BK1-45-18 10.72 16.43 5.71 8.44
and 56.66 91.17 34.51 11.31
Channel-1 17 60 43 24.17
Channel-2 2 17 15 27.87
Of the 16 holes drilled, 13 intersected significant mineralization with one hole having 22.22% Cgr
over 102.45m, with a high sample grade of 33.88%. The intersection of multiple wide intercepts
(for example the BK1-15-17 intercept of 72.10m at 13.64% Cgr from Phase 1 drilling, among
others) continue to encourage the Berkwood team to advance the Lac Guéret South project as
rapidly as possible.
Tom Yingling, President and CEO , states: “I am very pleased to announce the successful
completion of the fourth phase of drilling with all four phases combined totalling over 6,000 metres
now. The Berkwood team is also pleased to announce that we have drilled a 158.13 metre
intersection of graphite mineralization in hole 42 and 102.45 meters in hole 35. We are continuing
to unravel the structural and geological disposition of the Lac Guéret South Zone 1 graphite
body. So we continue the exciting but painstaking work required as Berkwood endeavours to chart
a focussed and efficient program to define the potential for an economic resource. Field crews
performed detailed structural logging and analysis of previous drill core. Once complete we will
add this information to our 3D model of our graphite body providing a clearer, more detailed
picture of the size and geometry of the southwestern portion of our Zone 1 graphite body. We are
making progress in stages and continue with each successive Phase to build on the great results
we have enjoyed since discovery.”
Edward Lyons, P .Geo (BC, QC. NL) states : “The drilling in Phase 4 focused on expanding
knowledge in and adjacent to the previously drilled areas. One outcome is increased recognition
of intervals of lower grade graphite interlayered with high-grade material. Some relatively narrow
true width intervals with lower grades may represent lateral extensions of thicker zones. Industry
and metallurgical experience in highly metamorphic graphitic rocks has shown that the medium
and lower graphite grade material can yield higher percentages of recoverable coarse flake
graphite, making these units potentially of similar economic value to higher grade intervals. The
true widths and persistence of graphite in almost all of Berkwood’s drillholes to date show the
potential of the Zone 1 anomaly.”
BK1-31-18 and BK1-32-18 were drilled across the margin of the western edge of the anomaly to
test the limits of graphite mineralisation. No significant graphite was encountered. Deposit
definition will require some tests at the deposit margins for the company to fully define
mineralization. This is typical of exploration testing.
Including the Phase 4 campaign, the Company has drilled 44 holes on Zone 1 that totals 6,006m.
The Company is pleased to announce it has intersected visual Graphite in ever y hole drilled to
date, with significant Cgr intercepts being observed in 41 holes. Success in these drill programs
confirms that a significant component of the distinct electromagnetic conductor s that have been
detected over a two-kilometer strike length and 50 meters to 600 meters in width by airborne EM
geophysics (see the Berkwood news release dated February 10, 2015) includes graphite
mineralization. The Company presents the following consolidated summary of drill results (refer
Table 2) for stakeholder review.
Table 2: Summary of significant graphite (Cgr) intercepts from drilling and channel sampling
DDH / Trench ID From (m) To (m) Sample
Length (m)
True
thickness
(m)**
Cgr Ave
(%)
Phase 1 Drill Program
BK1-01-17 40.23 45.00 4.77 4.48 28.61
99.48 137.77 38.29 36.00 14.68
includes 101.98 110.19 8.21 9.20 29.17
BK1-02-17 43.05 46.38 3.33 9.75 15.16
60.85 80.45 19.60 15.50 24.01
includes 64.38 74.40 10.02 6.40 32.95
BK1-03-17 20.79 47.69 26.90 26.90 24.40
includes 24.28 26.94 2.66 2.60 31.08
includes 34.69 44.06 9.37 9.30 35.34
BK1-03-17 93.40 99.38 5.98 5.98 13.11
BK1-04-17 26.68 79.24 52.56 40.30 21.01
includes 26.68 54.55 27.87 21.40 28.38
includes 69.19 71.71 2.52 1.90 31.72
BK1-05-17 31.40 43.86 12.46 8.80 20.72
includes 36.21 39.41 3.20 1.40 33.69
BK1-06-17 16.39 28.34 11.95 22.10 25.52
BK1-07-17 112.75 118.61 5.95 4.40 10.83
BK1-08-17 139.42 160.63 21.21 16.40 20.04
includes 150.37 155.83 5.46 4.50 31.19
169.83 177.04 7.11 6.20 28.02
BK1-09-17 114.25 142.34 28.09 18.50 12.27
BK1-10-17 133.98 148.75 14.77 14.10 9.10
BK1-11-17 19.84 24.17 4.33 3.80 11.39
BK1-12-17 30.62 33.93 3.31 2.70 11.23
BK1-13-17 38.44 46.59 8.15 6.90 19.20
99.64 105.57 5.93 4.90 18.84
DDH / Trench ID From (m) To (m) Sample
Length (m)
True
thickness
(m)**
Cgr Ave
(%)
117.60 120.13 2.53 2.00 18.52
Phase 2 Drill Program
BK1-14-17 19.40 84.09 64.69 20.90 20.95
includes 53.99 79.55 25.56
37.68
BK1-15-17 47.21 129.53 82.32 71.10 13.64
includes 47.21 56.43 9.22
27.20
includes 67.41 81.75 14.34
27.52
BK1-16-17 18.32 46.66 28.34 26.61 21.86
includes 18.32 39.08 20.76
29.84
BK1-16-17 50.79 125.38 74.59 38.48 17.34
includes 50.79 57.91 7.12
32.00
& includes 69.75 87.02 17.27
30.75
BK1-17-17 47.74 104.32 56.58 43.30 16.23
includes 59.90 78.81 18.91
26.33
BK1-18-17 57.31 70.24 12.93 8.01 18.58
Phase 3 Drill Program
BK1-19-18 35.20 44.60 9.68 9.10 24.85
BK1-20-18 15.20 43.43 28.23 3.80 5.04
43.43 62.33 18.90 14.50 14.28
62.33 99.93 37.60 19.90 4.28
BK1-21-18 74.20 112.92 38.72 26.50 17.58
BK1-22-18 21.34 50.15 28.80 16.50 17.85
BK1-23-18 0.00 0.00 0.00 0.00 0.00
BK1-24-18 64.93 70.45 5.52 1.90 13.18
BK1-25-18 18.24 148.79 130.55 87.50 17.37
Includes 18.24 47.14 28.90 20.20 24.67
Includes 47.14 71.60 24.46 15.70 9.03
Includes 71.60 88.39 16.79 13.80 33.88
includes 88.39 113.31 24.92 12.50 18.52
includes 113.31 148.79 35.48 25.30 6.79
BK1-26-18 67.91 76.30 8.39 4.20 14.70
128.07 148.08 20.01 9.00 18.37
BK1-27-18 43.55 48.87 5.32 1.80 4.58
57.71 72.49 14.78 6.20 6.82
119.10 134.11 15.01 11.50 20.58
141.21 147.13 5.92 4,50 26.70
161.00 182.89 21.89 10.00 4.76
Phase 4 Drill / Channel Program
BK1-30-18 64.9 111.1 46.23
23.76
Includes 64.9 74.23 9.33
25.21
Includes 87.83 110.1 23.3
30.93
DDH / Trench ID From (m) To (m) Sample
Length (m)
True
thickness
(m)**
Cgr Ave
(%)
BK1-33-18 3 65.51 62.51
20.83
Includes 3 30.63 27.63
33.93
BK1-34-18 55.65 61.42 5.77
21.12
BK1-35-18 3 105.5 102.45
22.22
Includes 3 13.32 10.32
37.29
Includes 28.61 39 10.39
29.71
Includes 59.6 73.1 13.5
28.09
BK1-36-18 57.14 71.44 14.3
10.63
BK1-37-18 61.19 67.14 5.95
9.14
BK1-38-18 63 68.85 5.85
9.81
BK1-39-18 66.06 70.44 4.38
8.25
BK1-41-18 49.85 80.78 30.93
8.75
BK1-42-18 20.18 178.3 158.12
14.05
Includes 24.44 58.42 33.98
28.71
Includes 115.1 120 4.9
26.69
BK1-43-18 23.43 35.3 11.87
8.44
56.84 112.3 55.46
22.56
includes 56.84 86.7 29.86
28.62
BK1-44-18 50.52 55.22 4.7
16.9
79.93 84.4 4.47
9.14
BK1-45-18 10.72 16.43 5.71
8.44
56.66 91.17 34.51
11.31
Channel-1 17 60 43
24.17
Channel-2 2 17 15
27.87
** True thickness was estimated based on foliation to core axis and the initial interpretation of unit
attitudes from geology modelling.
Edward Lyons, the company’s QP, explains that the determination of true width at Lac Guéret
is complicated by two principal phases of folding. The probability of multiple folds within graphite
horizons, such as has been observed at Mason Graphit e’s adjacent Lac Guéret deposit, can result
in thickening of graphitic units. The estimation parameters will be principally constrained by the
modelled geology and structure (interpreted with the assistance of Terrane Geosciences Inc. of
Halifax, NS). The latest results will be assessed in a 3D model, with plans to commence an initial
mineral resource estimate in Q2. Lyons notes that the extensive high-grade graphite in subcrop, as
well as a number of high assayed grades at relatively shallow depth are fact ors that may have
positive impacts on ultimate strip ratios for mining.
Edward Lyons P .Geo (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 Mason’s Lac Guéret Property, and neighbouring graphite properties
since 2000.
Photo: Channel Sampling of graphite from outcrop 2 on Lac Guéret.
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 200 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 1-604-343-7740 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.
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responsibility for the adequacy or accuracy of this release.