Berkwood Resources Ltd. (
TSX: V.BKR,
CZSVF,
Forum) said Tuesday it is designing an exploration program on its wholly-owned Cobalt Ford property, located approximately 180 kilometres northeast of Baie Comeau, Quebec.
The company has conducted a preliminary review of historic exploration and is currently designing an exploration program that is considering a detailed unmanned aerial vechicle magnetometer survey offered by Pioneer Aerial Surveys Ltd.
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Berkwood was also in the news recently when it said that according to data compiled by Markets and Markets, the global market for Graphite is projected to reach $29.05 by 2022 at a CAGR of 5.2 per cent from 2017 to 2022.
The company also announced assay results from the drill program on the Zone 1 geophysical prospect at the company’s 100 per cent owned Lac Gueret Project in Quebec.
Berkwood said at the time it is targeting airborne and ground conductive anomalies at Lac Gueret South’s Zone 1 location as part of this initial program, where two distinct electromagnetic conductors appear to occur over a two kilometre strike length.
FULL DISCLOSURE: Berkwood Resources Ltd. is a paid client of Stockhouse Publishing.