October 7th, 2014 No: 14-12
Berkwood Resources Ltd announces AGM Results
Berkwood Resources Ltd. (TSX-V: BKR) (“Berkwood” or “the Company”) held its Annual General Meeting on October 7, 2014, in Vancouver and is pleased to report that all resolutions proposed in the Management Proxy Circular were approved, with votes in favour totaling 99.77% of the 43.9% proxies represented. At the AGM, shareholders voted to re-elect R. Brian Buchanan, Shiraz (Raz) Hussein, George Gorzynski and Brian Hall as directors for the ensuing year.
About Berkwood Resources:
Berkwood holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC. Several areas of gold mineralization have been identified on the 10,871 ha property. The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend. This drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization. The system remains open for expansion and other known zones of gold mineralization have yet to be drilled (see Berkwood news release dated January 25, 2012, for details).
Berkwood has an option to earn a 100%-interest in the recently acquired 5,788 ha Lac Guéret South Graphite Property, located in northeastern Quebec. The Lac Guéret South Graphite Property borders the southern boundary of Mason Graphite’s Lac Guéret Project which has a NI 43-101 compliant mineral resource estimate with measured & indicated mineral resources of 50 million tonnes grading 15.6% Cgr (including 6.6 million tonnes grading 32.4% Cgr). Berkwood also holds a 100% interest in the 2,269 ha Lac Guéret East Graphite Property which is adjacent to the eastern boundary of Mason Graphite’s Lac Guéret Property. Berkwood’s Lac Guéret East and South Graphite Properties share a similar geological environment to Mason Graphite`s Lac Gueret Property including along strike stratigraphic units and structures.
To view details, maps and photos of Berkwood’s properties please click the following link: http://www.berkwoodresources.com.
If you are not currently on the Berkwood Resources email list, please visit our website by clicking here to opt-in to our email distribution list: http://www.berkwoodresources.com/contact.html. The Company will send out regular updates and news releases to everyone who asks to be on the list.
For additional information please contact:
Karim Sayani, Corporate Communications
Tom Steer, Corporate Development
On Behalf of Berkwood Resources
Brian Buchanan, President and CEO
This Berkwood News Release contains certain "forward-looking" statements and information relating to Berkwood that are based on the beliefs of Berkwood's management as well as assumptions made by and information currently available to Berkwood's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement. The Mason Graphite NI 43-101 mineral resource estimate was sourced from the Mason Graphite news release dated July 29, 2014. The Qualified Person has been unable to verify the information contained within the Mason Graphite news release and the mineralization on the Mason Graphite property is not necessarily indicative of the mineralization on the Company’s property.
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.