(TheNewswire)
July 26 th , 2017 / TheNewswire / 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. Over 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 represent 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 total 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 release. 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 addition 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
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:
info@berkwoodresources.com 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.
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