Berkwood Metallurgical Tests Yield 97.8% Graphite in Concentrate Grade

News Release Video: https://youtu.be/DXWCpr3G1-c

February 7, 2019, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has received exceptional, positive test results from initial metallurgical testing undertaken to evaluate whether the Lac Guéret South deposit is amenable to processing for the ready separation of graphite from the host rock.  The work was carried out on two composite samples, each typical of a principal mineralogical association in the graphite bearing geological formations of the Gagnon Group.  Metallurgical tests have demonstrated two highly desirable and advantageous features in the graphite concentrates produced. The first advantage is the high abundance of coarse graphite flakes recovered intact, and the second is high graphitic carbon grade of the concentrate produced.

Tom Yingling President and CEO states, “We are very happy with the superb results from our metallurgical test work. We now have confirmed that we can produce highest-grade graphite concentrates containing a high percentage of large flake product. With these positive metallurgical results, I now look forward to integrating our recently completed fourth drill program data into our geologic model: this work is expected to underpin an evaluation of requirements for the preparation of a mineral resource estimate for publication. Berkwood is fully funded to complete the required resource model, including any requirement for further drilling.”

Berkwood’s metallurgy program is being overseen by Technical Team Member Mr. Michel Robert, B.A., B.A.Sc (Hons), M.A.Sc (Hons). Michel is a metallurgist and mining engineer with over 40 years of diverse technical management experience in the mining industry, from production foreman through president for various companies involved in the base and precious metals, industrial minerals, iron ore and niobium sectors.

Michel served for nine years at Teck Corporation as corporate metallurgist, lead engineer, production superintendent and start-up manager. He was also a director of SNC (now SNC Lavalin Group Inc.) and one of three founders of Simons Mining Group (now AMEC Foster Wheeler).

As Senior Vice President for Pan American Silver Corp. from 1995 to 2001, Michel managed operations in Latin America and was responsible for the identification, purchase and turnaround of numerous mines still running today.

Of significance to Berkwood’s Lac Guéret South Project is the fact that Michel was cofounder, developer and metallurgist involved in the early stages of Quinto Exploration’s Graphite discovery now being put into production by Mason Graphite (TSX-LLG). Berkwood’s Lac Guéret South Graphite Project is located eight kilometers south of Mason Graphite’s project and shares an analogous geological environment, in an area where graphitic horizons range up to 40% Cgr (averaging 20.4% at Mason Graphite’s Lac Guéret Deposit) and flakes of up to 5 mm in diameter are exhibited. Large flake graphite is considered to be represented by flakes 0.3 mm in diameter and above.

Michel Robert states, “Even when compared against a global suite of Graphite prospects, projects and mines, it is extremely rare to see graphite concentrates that are readily processed to yield both an abundance of large flakes AND high graphitic carbon grade. Berkwood’s initial Graphite process samples have, to date, delivered on both these highly desirable and therefore potentially valuable characteristics.”


Samples from our test, ready to be shipped to potential off take and project development partners

Berkwood retained the services of MET-SOLVE Laboratories Inc. to carry out initial mineral processing testing program in mid 2018. This work comprised follow-up justified by the compelling results achieved in the first Graphite Characterization Testing program performed in late 2017 early 2018 by MET-SOLVE.

Based on experience on similar projects gained by the professional team involved, it has been possible to achieve significant early confirmation of excellent indicative metallurgical characteristics featuring high recoveries of Cgr into concentrates of unusually high grade. The work was carried out on two composite samples together comprising about 400 kg of material from 41 samples taken from six drill holes. In total, thirty-six tests were carried out, including bulk tests, to perform either calibration steps in the process design, or to run the complete chain of selected processes. The process developed involves coarse grinding to nominal 20 US mesh (840 microns), classification, rougher-cleaner flotation, and gravity separation polishing. Flotation reagents conditions were chosen to assure consistent results and simplicity. The procedure was then tested on a 45 kg sample to produce concentrate samples for potential off-takers.

Two definite advantages of the graphite concentrates produced are a preponderance of coarse flakes and high graphitic carbon grade as shown in the following table giving the results of the final bulk test.  Although test results are early stage, Berkwood’s results are very promising, and compare favourably with similar published industry information, including projects that have been subject to substantial process optimisation.


Sized fractions of metallurgical test concentrate

The results presented in this News Release provide the Berkwood Management with the confidence to continue to drive the Lac Gueret Extension project forward with increased focus and dedication. The Company anticipates receiving grade assay results from its Phase 4 drill program (completed late December 2018) in the course of Q1, 2019 (refer News Release of Jan. 16, 2018 “Berkwood Discovers 3 Large Graphite Outcrops and Completes Phase 4 drilling”).

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.

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 200 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 1-604-343-7740     www.berkwoodresources.com

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.

Neither 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 release.

View News in PDF Format

Posted in Uncategorised | Leave a comment

Berkwood buys-back its position from Progressive Planet Solutions on the Lac Guéret South Graphite Project

January 29, 2019, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has exercised its right to buy-back the 5% interest acquired by Progressive Planet Solutions Inc. (PLAN-TSX:V) (“Progressive”) in October, 2018. Berkwood issued 1,750,000 units to Progressive, each unit consisted of one common one share and one-half warrant, with a whole warrant exercisable into an additional common share at an exercise price of $0.15 per share for two years. (Berkwood is currently trading at $0.75 to $0.09 Cents.) The securities have been issued with the required four month plus one day hold period.

The Lac Guéret South project is located directly south of Mason Graphite’s (TSX-LLG) advanced Lac Guéret Project. With a market capitalisation of over $120 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. The Berkwood Lac Guéret South project is broadly analogous to the Mason Graphite deposit. The project comprises 288 Claims which cover a total area of 15,552 hectares. During the Phase 4 program Berkwood drilled sixteen (16) new NQ diameter diamond core holes for 2,078 m of newly acquired, to bring the total drilling at Zone 1 to 5,940 m over 43 drill holes. While moving the drill from one drill pad to another, three large Graphitic outcrops were discovered, one of them over 60 meters in length. The Company collected saw-cut surface channel samples on two of these outcrops to enhance the geological model. (refer to the Company’s press release dated January 16, 2019 filed on SEDAR). Prior to commencement of the current phase 4 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date. Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that occur over a two kilometer strike length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) that includes graphite mineralization.

PLAN’s Stephen Harpur comments. “We are looking forward to being shareholders of Berkwood. Our company is currently doing research and development in developing cement blends using both zeolite and graphite as additives to make stronger cement while reducing its overall carbon footprint. Our dealings with Berkwood have been excellent and we look forward to watching this project progress.”

Tom Yingling, President and CEO. States: “PLAN is a good strategic partner and we are also very happy to exchange at a price that is over market, giving our shareholder added value.”

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.

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. The Company is particularly pleased to have partnered with QC-focussed entities for the financial support of the Lac Guéret South Project.

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 1-604-343-7740 www.berkwoodresources.com

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.

Neither 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 release.

View News in PDF Format

Posted in Uncategorised | Leave a comment

Berkwood Discovers 3 Large Graphite Outcrops and Completes Phase 4 drilling

January 16th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that drilling at its Phase 4 definition drilling program on Zone 1 at the Company’s 100% owned Lac Guéret South Project is complete. The Program was designed to extend eastward, and to infill drill portions of the current mineralization model.  During the Phase 4 program Berkwood has drilled sixteen (16) new NQ diameter diamond core holes for 2,078 m of newly acquired, to bring the total drilling at Zone 1 to 5,940 m over 43 drill holes. The Company is very pleased to announce that while moving the drill from one drill pad to another three large Graphitic outcrops were discovered, one of them over 60 meters in length. The Company collected saw-cut surface channel samples on two of these outcrops to enhance the geological model.

To view a NEW Video of the Phase 4 drill program please visit : https://player.vimeo.com/video/311334010


Figure #1 Aerial view of Lac Gueret and three large Graphite outcrops

Figure #2 view of Graphite outcrop, measured over 60m long

Figure #3 Clearing snow off outcrop 1 for channel sampling

Figure #4 Graphite Rock Sample

Berkwood has completed the logging, and the sampling and storage of core. Four hundred fifty eight (458) samples (approximately 2,050 kg), including the outcrop channel samples, have been received by MS Analytical Laboratories in Langley, BC for analyses using the same analytical procedures applied to the samples from previous programs. The Company has continued its practise of inserting field duplicate and blank samples. No certified reference standards were inserted in the field. The laboratory routinely uses a variety of graphite and sulphide standards whose grades and matrix mineralogy are similar to the sampled materials. Each sample during both the crushing and pulverizing preparation phases will be subjected to barren material cleaning between samples to reduce any potential for cross-contamination.

The Phase 4 program benefitted from the Mise-Á-La-Masse (“MALM”) geophysical program as described in a News Release of December 13th, 2018.

We’re pleased to have completed Phase 4 by the start of 2019 and even more pleased to have exposed 3 very Large Graphite outcrops.  Having Graphite at surface improves the economics significantly as it means that if we go into production the very first shovel in the ground makes money without the expensive and timely need to remove large amounts of waste rock, ” states Tom Yingling, President and CEO. “I want to wish all our supporters and shareholders a prosperous New Year, and to thank them for their support through 2018. The Phase 4 campaign will enable our deposit model to be improved to support preparation of a preliminary resource statement.  In the event that we require more drilling to achieve this goal, we are fully financed to complete another drill program.”

The Phase 4 drill program was supported by QC-based drilling and project management companies, and project and camp support personnel from the Project area. The drill program was updated with near-real time interactive updates to the geology, structure, and mineralization model by frequent data transmission to Tony Gilman of Terrane Geosciences (structural modeling) and Michael Waldegger of MFW Geosciences (resource estimate), to ensure that the Phase 4 work informed real time model evolution and maximised the effectiveness of drill targeting.

The Integrated Team will utilize the Phase 4 data to extend and improve the geological model with a view to constraining Mineral Resource estimation requirements in the near term.

Lac Gueret South, Zone 1

Lac Gueret South is located in Cote Nord, eastern Quebec, a three-hour drive north from Baie-Comeau in an area with very good infrastructure. The Project lies directly south of Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest medium- to high-grade graphite deposits in the world.

The project comprises 288 Claims which cover a total area of 15,552 hectares. Prior to commencement of the current Phase 4 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date. Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that occur over a two kilometer strike length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) that includes graphite mineralization.

To view virtual reality video from earlier drill programs and to view the geological model as visualised following the completion of the Phase 3 drill program, please follow the link at the bottom of our home page http://www.berkwoodresources.com and to view project pictures please visit: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/ .

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and he 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.

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. The Company is particularly pleased to have partnered with QC-focussed entities for the financial support of the Lac Guéret South Project.

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 1-604-343-7740     www.berkwoodresources.com

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.

Neither TSX Venture Exchange (“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 release.

View News in PDF Format

Posted in Uncategorised | Leave a comment

Berkwood concludes $125,000 Project Finance Agreement with Intact Gold Corp. to advance the Lac Guéret South Graphite Project.

December 31, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that an agreement to finance has been concluded with Intact Gold Corp. (ITG-TSX:V) (“Intact”).  The Terms of the agreement allow Intact to earn a 2.5% interest to the Lac Guéret South Graphite property in exchange for expenditure of $125,000 on the project by December 31st, 2018.   During a period of 6 months, either party will have the right to execute a buy-back scenario in which Berkwood would purchase the 2.5% back by paying to Intact 875,000 units in Berkwood.   Each unit will entitle Intact to receive one share and one half warrant of the Company.  This transaction is subject to Exchange approval.

Tom Yingling, President and CEO states, “I am very pleased to have Intact partnered with our near-term advancement of our Lac Guéret South discovery.  We are determined to advance the project toward a Preliminary Economic Assessment as soon as is practical, and we are thrilled to have the financial support and technical endorsement of Intact as we prepare to drive the Project forward.”  

To view Pictures: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/

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

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.Neither TSX Venture Exchange (“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 release.

Posted in Uncategorised | Leave a comment

Berkwood Resources Ltd. Closes 3rd Tranche of Flow-Through Private Placement for Additional Funds of $186,800.04

Berkwood Resources Ltd. has received regulatory approval, and has closed its third and final tranche of flow-through financing offered as to an additional $186,800.04, and has issued 2,075,556 units at nine cents each. Each unit comprised one flow-through common share and one-half warrant, with each whole warrant exercisable into one common share at a price of 15 cents for a period of two years. All securities have been issued with a hold period expiring April 28, 2019.

A finder’s fee has also been agreed to be paid in accordance with the policies of the TSX Venture Exchange.

Proceeds of the private placement will be used to develop the company’s properties located in Quebec.

We seek Safe Harbor.

Posted in Uncategorised | Leave a comment

Berkwood Resources Ltd. Closes 2nd Tranche of Flow-Through Private Placement for Additional Funds of $224,460

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood” or the “Company”) (TSX-V:  BKR) announces it will apply to the TSX Venture Exchange and will close its final tranche of flow-through financing offered as to an additional $224,460 and will issue 2,494,000 units at $0.09.  Each unit will be comprised of one flow-through common share and one-half warrant, with each whole warrant exercisable into one common share at a price of $0.15 for a period of two years from closing.  All securities will be subject to a four-month plus one day hold period from closing.

A finder’s fee has also been agreed to be paid to EMD Financial Inc., pursuant to the policies.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec.

The issuance of the securities and the finder’s fee are subject to the final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Thomas Yingling,
President and Director

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.

Neither 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 release.

Posted in Uncategorised | Leave a comment

Berkwood drills 90m of graphite during ongoing Phase 4 drilling and provides an overview of Mise-Á-La-Masse geophysical results at the Lac Guéret South Graphite Project.

December 14th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that drilling at its Phase 4 definition drilling program on Zone 1 at the Company’s 100% owned Lac Guéret South Project is continuing. The Program is designed to extend eastward, and to infill drill portions of, the current mineralization model: to date Berkwood has drilled nine (9) new holes for 1,080m of newly acquired core on Phase 4, to bring the total drilling at Zone 1 to 5,086m over 36 drill holes. In hole BK1-35-18, drilling intersected 102.45 m (not a true width) of continuous graphite (“Cgr”) mineralization. The Company is also engaged in the collection of selected surface channel samples above the drill hole trace to assist with enhancing the geological model.

The Phase 4 program is benefitting from the Mise-Á-La-Masse (“MALM”) geophysical program undertaken during the recent fall season. The MALM program charged known graphite intercepts located in hole BK1-27-18 at grounding points located within two Cgr intercepts respectively located at 130m and 170m downhole. A surface survey grid consisting of 9 N/S lines arranged 100m apart, with lengths ranging between 525m and 750m was established over the western portion of the historic airborne and ground-delineated EM conductive resistivity anomaly (refer figures at https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/). Reference stations along the lines were located every 25m along each line. The surveys from both Cgr horizons confirmed a surface expression of conductivity of some 250 to 500 m wide N/S that extends over 800 in an ENE direction, and is likely unconstrained to the ENE. The result indicates that these two graphite-rich beds are electrically interconnected, the current diffusing from one to the other when grounded. This current diffusion could result from background Cgr or connective structures between these mineralized horizons. It is also possible that the current spread through faults to highlight another graphitic bed located at a shallower depth. In each case, a north trend (zone) and south trend (zone) is identified within the broader conductive feature, as is delineated in the Figure below.

We’re pleased to share the MALM results with the public,” states Tom Yingling, President and CEO. “The Phase 4 campaign integrates our deposit model generated through drilling Phases 1 to 3 with the MALM data to drill with the purpose of assembling sufficient information for the preparation of a preliminary resource statement.”

The Phase 4 drill program is supported by QC-based drilling and project management companies, and project and camp support personnel from the Project area. The drill program is being updated with near-real time interactive updates to the geology, structure, and mineralization model by frequent data transmission to Tony Gilman of Terrane Geosciences (structural modeling) and Michael Waldegger of MFW Geosciences (resource estimate), to ensure that the Phase 4 work informs real time model evolution and maximises the effectiveness of drill targeting.

Figure. Surficial MALM Interpretation @ 130m down-hole BKI-27-18 (upper Cgr intercept)

Lac Gueret South, Zone 1

Lac Gueret South is located in Cote Nord, eastern Quebec, a three-hour drive north from Baie-Comeau in an area with very good infrastructure. The Project lies directly south of Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest medium- to high-grade graphite deposits in the world.

The project comprises 288 Claims which cover a total area of 15,552 hectares. Prior to commencement of the current Phase 4 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date. Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that occur over a two kilometer strike length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) that includes graphite mineralization.

To view virtual reality video from earlier drill programs and to view the geological model as visualised following the completion of the Phase 3 drill program, please follow the link at the bottom of our home page http://www.berkwoodresources.com and to view current pictures of the fourth drill program please visit: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/.

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and he 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.

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. The Company is particularly pleased to have partnered with QC-focussed entities for the financial support of the Lac Guéret South Project.

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

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.

Neither TSX Venture Exchange (“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 release.

Posted in Uncategorised | Leave a comment

Berkwood Resources Ltd. Private Placement ($352,641.96 Hard Dollars)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood” or the “Company”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close a private placement as to $352,641.96 and will issue 3,918,244 units at $0.09. Each unit will be comprised of one common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.15 for a period of two years from closing. All securities will be subject to a four-month plus one day hold period from closing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and working capital.

The issuance of the securities is subject to the final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Thomas Yingling,
President and Director

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.

Neither 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 release.

Posted in Uncategorised | Leave a comment

Berkwood commences Phase 4 drilling at the Lac Guéret South Graphite Project.

December 7th, 2018, 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 its Phase 4 definition drilling program on Zone 1 at the Company’s 100% owned Lac Guéret South Project. The Program is designed to extend eastward, and to infill drill portions of, the current mineralization model. The present model was developed from data in drill program Phases 1 through 3, including an initial structural model based on oriented core logged geology in early 2018, and has been refined by the Mise-Á-La-Masse (“MALM”) geophysical program models derived from the ground survey conducted in the fall of 2018 (refer NR of October 24th, 2018).

Prior to the commencement of the current Phase 4 program, the Company has drilled 27 holes on Zone 1 that totals 4,006m of drilling: the Phase 4 program continues to rely upon the oriented core techniques developed in Phase 2, and is intended to comprise upward of 2,000m of core drilling aimed at developing our knowledge of the mineralization to a point sufficient to support the development of a preliminary mineral resource estimate.

The carefully staged approach to improving our mineral occurrence knowledge at the Project continues with each successive Phase to build on the great results we have enjoyed since discovery,” states Tom Yingling, President and CEO. “Critically, the Phase 4 campaign is intended to allow the learning from our initial metallurgical tests to be integrated with our deposit model and MALM data to drill with the purpose of assembling sufficient information for the preparation of a preliminary resource statement: we remain thrilled with our steady, cost effective progress toward this next critical milestone”.

The Phase 4 drill program is supported by QC-based drilling and project management companies, and project and camp support personnel from the Project area. The drill program is being updated with near-real time interactive updates to the geology, structure, and mineralization model by frequent data transmission to Tony Gilman of Terrane Geosciences (structural modeling) and Michael Waldegger of MFW Geosciences (resource estimate), to ensure that the Phase 4 work informs real time model evolution and maximises the effectiveness of drill targeting.

Sawn core samples from Phase 4 drilling will be shipped to MS Analytical Laboratories in Langley, BC for the same analytical procedures applied to the samples from previous programs.

Lac Gueret South, Zone 1

Lac Gueret South is located in Cote Nord, eastern Quebec, a three-hour drive north from Baie-Comeau in an area with very good infrastructure. The Project lies directly south of Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest medium- to high-grade graphite deposits in the world.

The project comprises 288 Claims which cover a total area of 15,552 hectares. Prior to commencement of the current Phase 4 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date. Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that occur over a two kilometer strike length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) that includes graphite mineralization.

To view virtual reality video from earlier drill programs and to view the geological model as visualised following the completion of the Phase 3 drill program, please follow the link at the bottom of our home page http://www.berkwoodresources.com and to view project pictures please visit: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/ .

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and he 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.

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. The Company is particularly pleased to have partnered with QC-focussed entities for the financial support of the Lac Guéret South Project.

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

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.

Neither TSX Venture Exchange (“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 release.

Posted in Uncategorised | Leave a comment

Berkwood Resources Ltd. Closes 1st Tranche of Flow-Through Private Placement ($534,070.08)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood” or the “Company”) (TSX-V:  BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close a 1st tranche of a flow-through private placement as to $534,070.08 and will issue 5,934,112 units at $0.09.  Each unit will be comprised of one flow-through common share and one-half warrant, with each whole warrant exercisable into one common share at a price of $0.15 for a period of two years from closing.  All securities will be subject to a four-month plus one day hold period from closing.  

A finder’s fee has also been agreed to be paid, pursuant to the policies.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec.

The issuance of the securities and the finder’s fee are subject to the final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

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.

Neither 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 release.

Posted in Uncategorised | Leave a comment

Berkwood concludes $250,000 Project Finance Agreement with Progressive Planet Solutions Inc. to advance the Lac Guéret South Graphite Project.

October 30th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that an agreement to finance has been concluded between Progressive Planet Solutions Inc. (PLAN-TSX:V) (“Progressive Planet” or “PLAN”). The Terms of the agreement allow Progressive Planet to earn a 5% interest to the Lac Guéret South Graphite property in exchange for expenditure of $250,000 on the project by December 31st, 2018.  During a period of 6 months, either party will have the right to execute a buy-back scenario in which Berkwood would purchase the 5% back by paying to Progressive Planet 1,750,000 Units in Berkwood.   Each unit will entitle PLAN to receive one share, and one half warrant of the Company, which at the time of signing this agreement constitutes 5% of the Issued and Outstanding Shares of Berkwood.  This transaction is subject to Exchange approval.

The Lac Guéret South project is located directly south of Mason Graphite’s (TSX-LLG) advanced Lac Guéret Project. With a market capitalisation of over $120 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. The Berkwood Lac Guéret South project is broadly analogous to the Mason Graphite deposit, The project comprises 288 Claims which cover a total area of 15,552 hectares.  Three drill programs have been completed to date with 27 holes drilled recovering over 4,000m of drill core.  Of the holes drilled, 26 of the 27 had significant graphite intersections (Hole 25 intersected 130.55 m averaging 17.37 Cgr).  Assays have confirmed average grades in the range of 14.39% to 25.52% Cgr and true thicknesses ranging 22.1 to 90 meters.  The graphite lies near surface to open-pit mineable depths similar to the depths drilled by Mason Graphite for its planned open pit development, and includes significant intervals of modal large flake mineralogy.

The Company is progressing a Mise-Á-La-Masse geophysical program that is intended to inform a drill program that is scheduled to mobilize in late November.

Tom Yingling, President and CEO states, “I am very pleased to have Progressive Planet partnered with our near-term advancement of our Lac Guéret South discovery. We are determined to advance the project toward a Preliminary Economic Assessment as soon as is practical, and we are thrilled to have the financial support and technical endorsement of PLAN as we prepare to drive the Project forward.”

To view Pictures: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/

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.

About Progressive Planet: Progressive Planet is a Canadian based mineral exploration company with a flagship Zeolite Mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec. PLAN features a strong technical team that recognises promising resource discoveries in the industrial mineral space.

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

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.

Neither TSX Venture Exchange (“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 release.

 

Posted in Uncategorised | Leave a comment

Berkwood Mobilizes a Mise-Á-La-Masse program at its Lac Gueret Graphite Project

October 24th, 2018 / 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 for the execution of a Mise-Á-La-Masse (“MALM”) geophysical program. The primary contractor for execution of the survey is TMC Geophysics of Val-d’Or, QC, supported by people who were hired from the Manicouagan River area to help with the project. The program is utilising cut-lines prepared on the property in late September early October, 2018: the program is continuing in snowy conditions, but benefits from the excellent access previously prepared.

MALM is an older EM technique that operates by placing a DC current electrode in a known, readily chargeable (conductive) horizon from a downhole location and tracing the electric current distribution via either on-surface or in-drillhole placed receivers. The survey being undertaken by Berkwood will charge several known conductive horizons from selected graphite intersections in the existing drill-holes, and will seek to trace the surface expression of current pathway(s) using surface based receivers. The MALM work is intended to improve the Company’s understanding of how the graphite mineralization at its Lac Gueret Zone 1 discovery is distributed, and to help in extending the existing geological model (see 3D Model on home page www.berkwoodresources.com). The improved geological model is intended to inform targeting for a drill campaign that will enable the extension of the present model and the preparation of a resource report appropriate for public release.

The existing trails prepared for drilling and the extensions to cut-lines previously released are being used to provide the access through the forest.

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, such that the property is accessible by road year-round. The Project lies directly south of  Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. With a market capitalisation of over $120 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.

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.

Three separate drill programs have been executed on Berkwood’s Zone 1 Graphite Body for a total of over 4,000m completed. All 27 holes have mineralization and 26 holes of these have intersected significant graphite. These intercepts support an evolving structural model of multiple recumbently folded horizon(s) hosting thicker and more consistent graphitic intervals of high grade and wide true thicknesses that suggests strong continuity in the system. On our airborne EM anomaly (see map below of the Airborne EM Anomaly), we have drilled an area about 300m by 300m, leaving a large anomalous area that is as yet untested by drilling.

Airborne EM Anomaly, showing the area as yet explored by drilling. It is anticipated that the MALM survey will refine the definition of the conductive horizons to the east and north-east of the existing drilling.

The inclined holes were drilled to maximum lengths of about 190 meters. The graphite lies near surface to open-pit mineable depths similar to the depths drilled by Mason Graphite for its planned open pit development.

Edward Lyons, P.Geo (BC, QC, NL) states, “The application of MALM as a tool for mapping the extension of our known lithologies of greatest interest is based upon its past application in similar circumstances: the Company looks forward to the results of the survey with great interest and anticipation.”

Tom Yingling, President and CEO states, “I am very pleased to have mobilizing the MALM survey: this application of geophysics is targeted specifically to inform what we hope is the fourth and last drill program required for the Company to prepare a resource model that will enable the Berkwood to undertake a Preliminary Economic Assessment of Lac Gueret. We are focussed on advancing the Zone 1 discovery with maximum efficiency, and the MALM survey is a key tool in our quest to most effectively model the mineralization.”

To view Pictures: https://berkwoodresources.com/projects/lac-gueret-extensions-graphite-project-quebec-canada/

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.

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

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.

Neither 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 release.

Posted in Uncategorised | Leave a comment

Berkwood Announces Completion of 3D model

September 27, 2018, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has released for public review its three dimensional (“3D”) rendering of a Preliminary Geological Model (the “Model”) for its Lac Gueret Zone 1 graphite discovery. The Preliminary Model is based upon 4006m of wireline core drilling undertaken over three campaigns of work by the Company in 2017 and 2018. The Model has been constructed to assist the Company with planning for a Mise-a-la Masse (“MALM”) electromagnetic (EM) geophysical survey and a campaign of further drilling with a view to extending the known mineralization and geological constraints at Lac Gueret Zone 1. The Company anticipates and intends for the next campaign of drilling to furnish the data and knowledge required for the preparation of a reportable graphite resource report. The Company is targeting a reportable resource sufficient for the preparation of a Preliminary Economic Assessment (“PEA”) report.

The Preliminary model may be viewed as part of a narrated review presentation by the Company’s CEO, Tom Yingling, at:

View 3D Graphite Model

Viewers should note that the Model is as still open to the east and north-east of the Zone 1 area of discovery, and the Company anticipates that modest extension of the know mineralization along strike on the easterly and northeasterly directions. The Company has completed preparation for its MALM surveys (refer News Release of August 23rd, 2018) for which the field component is presently expected to complete by mid-October.

CEO Tom Yingling states …..

“We hope shareholders will review the Model video presentation and will be as buoyed with the evident potential of the Zone 1 discovery as we are! The Company is focussed on maximising the predictive aspects of the work thus far to ensure that the next campaigns of work will be as efficient as possible in bringing us to a reportable resource that is underpinned and guided by our metallurgical learning as well as the MALM and drill-bit generated data.”

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.

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

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.

Neither 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 release.

Posted in Uncategorised | Leave a comment

Annual Meeting Results

August 10, 2018, VANCOUVER, B.C. – Berkwood Resources Ltd. (“Berkwood” or the “Company”) is pleased to announce that on July 26, 2018 it held its annual general meeting of shareholders (the “Meeting”).  A total of 4,564,186 common shares (approximately 12.49% of the outstanding common shares) were represented at the Meeting in person or proxy.

  1. Election of Directors

Each of the following individuals were elected as directors of the Company as approved by a vote by ballot, for a term expiring at the conclusion of the next annual meeting of shareholders of the Company or until their successors are elected or appointed, as follows:

  1. Appointment of Auditor

The appointment of Smythe LLP, Chartered Professional Accountants, as the auditor of the Company, to hold office until the next annual meeting of shareholders of the Company, and the authorization of the directors of the Company to fix the auditor’s remuneration, was approved by a resolution passed by a vote by ballot, with 4,557,486 (100%) total votes cast “FOR” and 10 “WITHHELD/ABSTAIN”.

  1. Stock Option Plan

The Stock Option Incentive Plan resolution was approved by a resolution passed by a vote by ballot, with 3,443,317 (75.55%) total votes cast “FOR” and 1,114,169 (24.45%) total votes cast “Against”.

Immediately following the annual meeting, the directors convened and the following were appointed offices for the ensuing year:

Thomas Yingling – President and CEO
Binny Jassal – Chief Financial Officer

Stock Options

The Company announces that it has granted stock option agreements to its directors, officers and consultants for the right to purchase up to 885,000 common shares of the Company, exercisable at the price of $0.10 per share for five years, subject to regulatory approval.   The option agreements to be issued will be granted in accordance with the Company’s Stock Option Plan and will be subject to the TSX-V four (4) month hold period.

On Behalf of the Board of Directors
Berkwood Resources Ltd.

Signed: “Thomas Yingling”

Thomas Yingling,
President, CEO & Director

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.

Posted in Uncategorised | Leave a comment

Berkwood Resources Ltd. Closes Private Placement ($320,000 Hard Dollars)

Berkwood Resources Ltd. (“Berkwood” or the “Company”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close a private placement as to $320,000 and will issue 3,200,000 units at $0.10. Each unit will be comprised of one common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.13 for a period of two years from closing. All securities will be subject to a four-month plus one day hold period from closing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

The issuance of the securities is subject to the final approval of the TSX Venture Exchange.

SIDEX and Fonds de solidarité FTQ participated in an amount of $100,000 each through FIELD-ACTION 2018, an initiative designed to encourage junior mining companies to perform field work in Québec while at the same time supporting their working capital.

About SIDEX

SIDEX is an initiative of the Québec government and the Fonds de solidarité FTQ whose mission is to invest in companies engaged in mineral exploration in Québec in order to diversify the province’s mineral base, promote innovation and new entrepreneurs.

About Fonds de solidarité FTQ

The Fonds de solidarité FTQ is a development capital investment fund that channels the savings of Quebecers into investments. As at May 31, 2018, the organization had $14.3 billion in net assets, and through its current portfolio of investments has helped create and protect 194,746 jobs. The Fonds is a partner in 2,839 companies and has 667,417 shareholder-savers.

ON BEHALF OF THE BOARD

Thomas Yingling,
President and Director

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.

Neither 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 release.

View News Release in PDF Format

Posted in Uncategorised | Leave a comment