WKN: A110N3 July 26thth, 2017 Berkwood Mobilizes in preparation for Drill Program at Lac Gueret South Graphite Project
TSX-V: BKR
FSE: BR2
WKN: A110N3 July 26thth, 2017
Berkwood Mobilizes in preparation for Drill Program at Lac Gueret South Graphite Project
July 26th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX -V: BKR, FSE: BK2, WKN: A110N3)
(“Berkwood” or the “Company”) is pleased to announce that it has mobilized crews to its Lac Gueret
South Graphite Project located in Quebec. In early July Berkwood’s technical team visited the Lac Gueret
South property and conducted a detailed survey of the selected drill locations in order to determine the
best roads and trails to be used or opened, and to locate appropriate sources for water for the drill
program. Ov er the next few days crews will return to the property , and will be clearing roads and
building drill pads for the commencement of the drill program which is planned to commence in the first
part of August. The Company anticipates completing some 1,500 to 2,000 meters of drilling in this initial
phase of work.
Lac Gueret South Property, Quebec
Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie -Comeau in an area of
very good infrastructure. The Project directly borders Mason Graphite’s (TSX -LLG) advanced Lac Gueret
Project to the South . With a market capitalisation of over $200 million Mason owns one of the largest
high grade graphite deposits in the world , and is planning on building a new graphite mine and
processing plant.
In 2014 Berkwood conducted an electromagnetic (“EM”) airborne geophysical survey over its Lac Gueret
Property and successfully identified several anomalous zones of high conductivity. Several of these
anomalies have been downgraded as they are considered too small or too deep to rep resent economic
graphite deposits : however, the Zone 1 and Zone 2 anomalies are of significantly larger size and are
therefore considered high priority targets for immediate exploration by drilling and trenching. These
large anomalous conducive areas are almost entirely covered by muskeg and till with few bedrock
outcrops available property-wide.
Lac Gueret South’s Zone 1
Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to
600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated
February 10, 2015). The western part of this zone was further defined by ground VLF and EM surveys:
four VLF and 22 contiguous PhiSpy EM conductors have been detected over an apparent 800 meters
length and up to a 300 meters width. This western area is interpreted as a potential bulk graphite zone
interlayered within the hinge of a complex fold. The limbs thin to 50 meters in width further to the east.
A total of 11 rock grab samples were collected in the vicinity of the Zone 1 anomaly : three of these
samples contained 36.3%, 14.4%, and 1.04% Cgr(Carbon as Graphite) respectively. The presence of
significant values of Carbon as Graphite found in the vicinity of these mainly covered large geophysical
anomalies is interpreted to indicate that the anomalies are probably large graphite zones.
Lac Gueret South’s Zone 2
Zone 2 lies immediately south of the Mason Graphite claim boundary and along strike from the graphite
zones of Mason Graphite. A t otal of two VLF -EM and 15 PhiSpy ground geophysical anomalies confirm
the occurrence of two parallel east-west conductors. The larger conductor extends 1 kilometer in length
and 60 meters in width.
To view details, maps and photos of Berkwood’s properties please click the following link:
http://www.berkwoodresources.com/properties.html.
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 rel ease. The Cgr analyses
were carried out and certified by AGAT Laboratories of Mississauga, Ontario using a LECO furnace and
an infrared detector.
Tom Yingling, President and CEO states, “I am very pleased to be mobilizing ground crews for preparing
for the drill program. This drill program has been years in the making and I look forward to the drill
turning early August. With only approximately 15 million shares outstanding, success at the drill bit
could have significant impact on our share price. In add ition to this drill program commencing we are
pleased to announce that we are designing the exploration program for our Cobalt and Lithium
properties as well.”
About the Company: Berkwood is engaged in exploration for the commodities that enable the modern
revolution in essential technologies. These technologies are dependent upon materials that enhance the
performance of energy storage systems and permit the development and miniaturization of new
electronics and structural components in the new suite of in novative tools. The Company is led by a
team with collectively over 100 years experience and have been involved with numerous discoveries of
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
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.