(TheNewswire)
VANCOUVER, B.C. / TheNewswire / March 8 2018 - Berkwood Resources Ltd. (BKR) (wkn:A110N3) ("Berkwood" or the "Company") is pleased to announce
positive preliminary characterization results of graphite composite samples from its wholly owned Lac Gueret South property in
northeastern Quebec.
Results show that a large portion of the graphite flakes 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); the latter might prove to be recoverable as a lower value product once more
detailed studies are completed.
Table 1 : Results of characterization work on six
samples from Zone 1 highlighting the coarse graphite (“Cgr”) composition of each sample.
|
Composite Sample Summary
|
A
|
B
|
C
|
D
|
E
|
F
|
|
Head Grade Carbon as Graphite (% Cgr)
|
33.8%
|
10.4%
|
32.2%
|
12.3%
|
36.6%
|
16.0%
|
|
Coarse Graphite Component
(>100 mesh) (%)
|
22%
|
32%
|
20%
|
31%
|
34%
|
42%
|
|
Coarse Graphite Grade (% Cgr)
|
7.4%
|
3.3%
|
6.4%
|
3.8%
|
12.4%
|
6.7%
|
Met-Solve Laboratories Inc. of Langley, British Columbia was retained to carry out basic characterization tests
on six composites derived from selected Phase 1 drill-program core samples bearing graphite recovered from Zone 1 at the Lac Gueret
South property. This characterization work will be used to inform the further design of a proposed metallurgical program: this
larger program will include sampled from all of the drilling undertaken through to the completion of the Phase 3 program presently
in progress (refer NR of March 5 th , 2018).
Click Image To View Full Size
Figure 1. Graphite concentrate E with 12.4% Cgr at >100 mesh from
36.6% Cgr head grade.
The six composites prepared from the drill holes cores, representative of the geology outlined through the
completion of the earlier drill programs, featured graphite contents from a low of 10.4% Cgr to a high of 36.6% Cgr.
Click Image To View Full Size
Click Image To View Full Size
It is worth noting that the high-grade material of Composite E with 36.6% Cgr yielded a coarse large flake
concentrate (20 mesh x 50 mesh) grading 93.5% C graphite.
Tom Yingling, President and CEO states, “ These positive results from initial characterization work show a large portion of coarse large
flake within the sampled intervals of Zone 1 graphite intercepts. This demonstrates that the deposit has a significant component of
coarse large flake graphite, a higher value product. Further metallurgical testing will be needed to design an efficient
graphite concentration process which will be critical to the project economics as we continue to develop this exciting opportunity.
Further metallurgical studies will build on these initial results. Samples from Phase 2 and 3 drilling will be used.
To view a virtual reality video of the autumn Phase 1 Zone 1 drill program as well as the most
recent winter Phase 2 drill program, visit the bottom of our home page at: http://www.berkwoodresources.com
The characterization program was supervised for the Company by Michel Robert, P.Eng., a
metallurgist with extensive experience. 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. Ed has worked extensively on
the Lac Gueret Property, now owned by Mason, and neighbouring graphite properties since 2000.
Other
The Company also announces that it has cancelled its private placement announced January 23, 2018 with
intentions to raise up to $1,500,000.
About the Company: Berkwood is engaged in exploration for the commodities that enable
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 electronics and structural components for the new suite of innovative tools. The Company is led by a
team with collectively over 100 years experience and whose 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:
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 news release.
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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