WKN: A110N3 October 17 th, 2017 Berkwood intersects graphite in every hole drilled and completes 13 hole drill program
TSX‐V: BKR
FSE: BR2N
WKN: A110N3 October 17 th, 2017
Berkwood intersects graphite in every hole drilled and completes 13 hole drill program
October 17th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX‐V: BKR, FSE: BR2N, WKN:
A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has completed Phase 1 of the
drill program on its Lac Gueret Project (the “Project”). A tot al of 13 planned diamond drill holes were
completed from nine (9) separate drill sites for a total of 1,806.54m drilled. Targeted graphite (“Cgr”) was
intersected in every hole drilled. The project, which includes extensions, announced on September 6 th,
totals 19,884Ha covered by 368 claims surrounding a planned‐to‐be producing graphite deposit.
Shareholders can view two videos , one of them in virtual realit y, shot on location during Phase 1 of the
drill program by visiting the Company’s website. Both videos a re located on Berkwood’s home page at
the bottom: www.berkwoodresources.com.
This release documents significant intervals and ideas arising from work on Section 3300E, the
easternmost section drilled thus far. The final three drill hol es were each drilled from a separate
prepared drill site located abou t 100m apart: each hole was ali gned on a 360° azimuth and inclined at
about ‐45°. Hole BK1‐11‐17 (144.78m in length to End of Hole (“EOH”) intersected 2 short graphite schist
intercepts between 19.88 and 24.17m (4.29m) and 86.27 – 89.06m (2.84m). Hole BK1‐12‐17 (150.88m
to EOH) returned five C gr intercepts between 25.32 – 33.93m (8.61m), 54.71 – 56.39m (1.6 8m), 83.38 –
84.74m (1.35m), 97.22 – 98.96m (1.74m) and 137.59 – 144.23m (11 .67m). Hole BK1‐13‐17 (150.88 m to
EOH) returned five Cgr intercepts between 7.47 – 8.29m (0.82m), 37.47 – 49.91m (12.44m), 97.76 –
109.38m (11.62m), 117.60 ‐ 124.38m (11.78m) and 124.38 – 141.79m (17.41m). Drilling on Section
3300E is of lower hole density than on Sections 3200E and 3100E previously reported, with drilling being
undertaken subject to two current drilling permits issued by regulators in Quebec.
The Company has submitted 381 samples (comprising 263 graphite samples, 98 bracket samples, and 10
each of duplicate core samples and field blank QA/QC material) to MS Analytical Laboratories in Langley,
BC. The samples were shipped as a single shipment comprising two batches under a single chain of
custody protocol.
The Lac Gueret Project is located in Côte‐Nord, Quebec, a three hour drive from Baie‐Comeau in an area
o f v e r y g o o d i n f r a s t r u c t u r e . T h e P r o j e c t d i r e c t l y b o r d e r s M a s o n Graphite’s (TSX‐LLG) advanced Lac
Gueret Project to the South. Berkwood is targeting airborne an d ground conductive anomalies at the
L a c G u e r e t S o u t h ’ s Z o n e 1 l o c a t i o n a s p a r t o f t h i s i n i t i a l p r o gram, where two distinct electromagnetic
conductors appear to occur over a two kilometer strike length. The extent of the conductors and certain
historic grab samples that returned visible graphite corroborate d b y l a b o r a t o r y a s s a y s m o t i v a t e d t h e
present drilling program. The Company also has well developed targets at Lac Gueret South’s Zone 2,
which is located immediately south of the Mason Graphite claim boundary and along strike from the
graphite zones of Mason Graphite. Zone 2 has not been dr illed yet but is fully permitted and drilling is
planned for the upcoming Phase 2 drill program. Shareholders can view the Company’s entire land
position in relation to Mason Graphite and other landholders at the Company’s website, (refer
2
http://berkwoodresources.com/wp‐content/uploads/2017/08/2017‐Berkwood‐Location‐and‐
Neighbours‐Map‐Topo.pdf ).
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.
Tom Yingling, President and CEO states, “I am pleased to provide confirmation that we have intersected
graphite in all of the thirteen holes in our first drill program. The electromagnetic conductors have
proven very effective in identifying mineralized targets for drilling, and I would like to again recognise the
discovery team, including Ed Lyons (our project lead and QP), J ames Rogers (Longford Exploration) and
our advisor Mr. Michel Robert. I look forward to moving the dr ill over to our Zone 2 target and
commencing drilling on it. In addition I look forward to our team developing an effective exploration
strategy on Berkwood’s recently acquired Vanadium property as w ell as continuing work on our Cobalt
and Lithium projects as well.”
About the Company: Berkwood is engaged in exploration for the commodities that ena ble 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 e lectronics and structural components
for the new suite of innovative 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 n o r i t s R e g u l a t i o n S e r v i c e s P rov id e r ( a s th a t ter m is de fin e d in th e po lic ie s o f th e T S X Ve nture 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-looki ng statements
consist of statements that are not purel y historical, including any statements regar ding beliefs, plans, expectations or intent ions regarding the
future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to d iffer materially
from those contained in the statements. No assurance can be gi ven that any of the events antici pated by the forward-looking st atements will
occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect manageme nt’s current
views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.