Wkn: A110N3 March 16 Th, 2018 Berkwood Completes Phase 3 Definition Drilling at LAC Gueret South, QC
1
TSX‐V: BKR
FSE: BR2
WKN: A110N3 March 16 th, 2018
BERKWOOD COMPLETES PHASE 3 DEFINITION DRILLING AT LAC GUERET SOUTH, QC
March 16th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FS E: BK2, WKN: A110N3)
(“Berkwood” or the “Company”) is pleased to announce that it has successfully completed its 9-hole Phase 3
definition drilling program on Zone 1 at the Company's 100% own ed Lac Gueret South Project (refer NR of March
5th). The Program was designed to constrain the southwestern and s outhern margins of mineralization, and to probe
aspects of the structural (fold) model being developed for west ern Zone 1. Drilling continued to intersect substantial
graphite (“Cgr”), with all nine holes hitting graphite and eight of the holes returning significant intercepts of Cgr.
“So we begin the exciting but painstaking work required to unravel the structural and geological disposition of the
Lac Gueret Sout h Zone 1 graphite deposit, as Berkwood endeavours to chart a focussed and efficient program to
define the potential for an economically mineable resource th ere. Field crews have been on site at Lac Gueret since
early February to perform detailed structural logging and analysis of previous drill core – and we are increasing our
structural capabilities through new collaboration with Terra ne Geosciences. We are maki ng progress in stages, and
continue with each successive Phase to build on the great results we have enjoyed since discovery, ” states Tom
Yingling, President and CEO. “ Critically, the exploration potential for a significant graphite deposit continues to be
supported by the Phase 3 campaign”.
The 1,500m program continued to use oriented core techniques, a nd Tony Gilman of Terrane Geosciences was
stationed at site at the start of Phase 3 to review structures in Phase 2 and 3 oriented core and to train the field team for
detailed structural data collection. Terrane Geosciences will b e merging these structural d ata with existing geology
logs in preparation for Phase 4 work planning.
The continued testing of the western end of Zone 1 supports a m odel for the graphite horizons probably being folded
at the western end of the geophy sical anomaly. Several other ex amples of similar folding in the basement rocks that
are observed within an 8-kilometer radius of the deposit show t hat arcuate fold patterns on the scale of the Zone 1
occurrence are common in the area. Further drill testing is req uired to continue to define the continuity and structural
disposition of the mineralised intervals. In addition to drilli ng, and when snow conditions permit, the Company is
considering an in-hole / intra-hole electromagnetic survey (mis e a la masse, “MALM”) that charges specific graphite
horizons which can then be traced between holes and on the surface.
Sampling: Some 258 sawn core samples from Phase 3 drilling are to be shipped to MS Analytical Laboratories in
Langley, BC for treatment under the same analytical procedures applied to the samples from previous programs. Of
the 258 samples, 201 were graphite-bearing rock; 47 were bracke t (boundary) samples with very low to no observed
graphite; and 10 were field-introduced QA/QC materials including duplicate and blank samples. No certified reference
standards were inserted in the field. The laboratory routinely uses a variety of graphite and sulphide standards whose
grades and matrix mineralogy are similar to the sampled materia ls. Each sample during both the crushing and
pulverizing preparation phases will be subjected to quartz sand cleaning between samples to reduce any potential for
cross-contamination. Assay results for Phase 3 samples are expected after the middle of April.
Ongoing mineral characterization: Berkwood has retained the ser vices of Met-Solve Laboratories Inc. of Langley,
British Columbia to initiate mineral processing tests on a suit e of graphite mineral samples. This work is required for
metallurgical testing for process design following the positive initial flake sizing results announced on March 8 th,
2018, when the Company announced that testing had revealed tha t a large portion of the graphite flakes in a
representative suite of samples 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). First results should be available around mid-May, 2018.
2
Lac Gueret South Zone 1
Lac Gueret South is located in Co te Nord, Quebec, a three-hour drive 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.
Including the Phase 3 campaign, the Company has drilled 27 hole s on Zone 1 that totals 4,006m. The Company is
pleased to announce it has inters ected visual Graphite in every hole drilled to date, with significant Cgr intercepts
being observed in 26 holes. Succes s in these drill programs con firms that a significant component of the distinct
electromagnetic conductors that o ccur over a two kilometer stri k e l e n g t h a n d 5 0 m e t e r s t o 6 0 0 m e t e r s i n w i d t h a s
defined by airborne EM geophysics (see the Berkwood news releas e dated February 10, 2015) includes graphite
mineralization.
To view a virtual reality video of the autumn Phase 1 Zone 1 dr ill program as well as the most recent winter Phase 2
drill program, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com .
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 re lease. Ed has worked exten sively 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 ena ble the modern revolution in
essential technologies. These t echnologies are dependent upon t he ethical mining and supply of naturally occurring
elements and minerals that enhanc e the performance of energy st orage systems and permit the development and
miniaturization of new electronics and structural components fo r the new suite of innovative tools. The Company is
led by a team with collectively over 100 years experience and w hose 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
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined i n the policies of the TSX Vent ure 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 statemen ts, which reflect the expectations of management. Forward-looki ng statements
consist of statements that are not pure ly historical, including any statements re garding beliefs, plans, expectations or intent ions regarding the
future. Such statements are subject to risks and uncertainties t hat may cause actual results, performance or developments to d iffer materially from
those contained in the statements. No assurance can be given t hat any of the events anticipated by the forward-looking stateme nts 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.