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

Berkwood Reports its 3rd Drill Program Produced Continued High Grade Graphite Assays with 17.37% Cgr Over 130.55m

May 2, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce the assay results from the Phase 3 drilling program on the Zone 1 Graphite Body at the Company’s 100% owned Lac Gueret South Project. A total of nine HQ diamond drill holes were drilled in the Phase 3 drill program with every hole intersecting visible Graphite (as per the news release dated April 26th, 2018). Of the nine holes drilled, eight of them intersected significant mineralization with one hole having 17.37% Cgr over 130.55m with a true thickness of 87.5m. As per the table below Graphite assay grades have been returned as high as 33.88%. This combined with BK1-15-17 from Phase 1 drilling of 72.10m at 13.64% Cgr and multiple other wide intersections indicates a large unique discovery.

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 attached map), we have drilled an area about 300m by 300m, leaving an large anomalous area that is still as yet untested by 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, PGeo (BC, QC, NL) states, “With the 130m intercept near surface and a length-weighted composite grade of 17.37% Cgr, the Phase 3 drill program represents a success. The importance of the thinner intersections is that they can mark the edges of thicker beds of graphite. Industry and metallurgical experience in highly metamorphic graphitic rocks has shown that the medium and lower graphite grade material can yield higher percentages of coarse flake graphite recovery, making these units potentially of similar economic value. The true widths and persistence of graphite in almost all of Berkwood’s drill holes to date show the potential of the Zone 1 anomaly.”

The discovery is eight kilometers southwest of Mason Graphite’s deposit, which has an NI 43-101 Feasibility Study. We share a similar structure with one of the highest grade graphite deposits in the world. Mason is concluding its permitting process to start development in 2018. This benefits Berkwood’s project as all the infrastructure is, or should be in place, once our neighbour goes into production.

Tom Yingling, President and CEO, notes that the increasing demand for graphite is reflected in part by the following:

  • Governments are mandating that automobile manufactures build and sell electric vehicles. This is good news for the EV industry and keeps the demand high for elements that go into batteries.  Graphite is commonly the most prolific element in a battery.
  • China is pushing for aggressive new ZEV mandate: 8% of new cars to be electric by the end 2018 and 12% by 2020.
  • France, Britain, Germany, Norway, Austria, Denmark, Ireland, Japan, Netherlands, Portugal, Korea and Spain have set official targets for electric car sales. The United States doesn’t have a federal policy, but at least eight states have set out goals. (California, Colorado, Illinois, Massachusetts, New Mexico, New York, Vermont and Washington)
  • A global shift away from fossil fuels is contributing to graphite’s success as it is acritical constituaent part of the expanding lithium-ion battery sector
  • With graphite as an integral material in the construction of everything from nuclear power plants to smartphones, the material’s viability as an investment has never been clearer.

 BK1-23-18 was drilled across the margin of the anomaly to test the limits of graphite mineralisation. No graphite was encountered. Deposit definition will require some tests of the margins in order for us to design a more efficiently drill program. This is typical exploration testing.

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

Including the Phase 3 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, with significant Cgrr intercepts being observed in 26 holes. 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) includes graphite mineralization.

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, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com .

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

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.

View News Release in PDF Format

Posted in Uncategorised | Leave a comment

Berkwood Resources Announces Over 130.55 Meter Visual Graphite Intersection From Phase 3 Drilling

April 26th, 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 intersected significant intersections of visual graphite during its phase 3 drill program, including one drill hole that has a 130.55-meter intersection with a 87.5 meter true thickness. The nine completed holes totalled 1,481.4 metres (m) of HQ core to objective depths. Eight of the nine holes contained significant graphite intervals as listed on the table below.

“I am very pleased to announce the successful completion of the third phase of drilling with all three phases combined totalling over 4000 metres now.  The Berkwood team is also pleased to announce that we have drilled a 130.55 metre intersection of graphite with a true thickness of 87.5 metres.  We are continuing to unravel the structural and geological disposition of the Lac Gueret South Zone 1 graphite body.  So we continue the exciting but painstaking work required as Berkwood endeavours to chart a focussed and efficient program to define the potential for an economically mineable resource. Field crews performed detailed structural logging and analysis of previous drill core – and we are increasing our structural capabilities through new collaboration with Terrane Geosciences. Once complete we will have a 3D model of our graphite body providing a clearer more detailed picture of the size and geometry of our Zone 1 graphite body.  We are making progress in stages, and continue with each successive Phase to build on the great results we have enjoyed since discovery,” states Tom Yingling, President and CEO. “Critically, the exploration potential for a significant graphite deposit has continued to be supported by the Phase 3 campaign”.

[Key:  LO-GR = 3 to 5% Cgr; MED-GR = 5 to 25% Cgr; HIG = +25% Cgr]

Edward Lyons, PGeo (BC, QC. NL) states, “The drilling in Phase 3 focused on expanding knowledge in and adjacent to the previously drilled areas. One outcome is increased recognition of intervals of lower grade graphite interlayered with high-grade material. Some relatively narrow true width intervals with lower grades may represent lateral extensions of thicker zones. Industry and metallurgical experience in highly metamorphic graphitic rocks has shown that the medium and lower graphite grade material can yield higher percentages of coarse flake graphite recovery, making these units potentially of similar economic value. The true widths and persistence of graphite in almost all of Berkwood’s drillholes to date show the potential of the Zone 1 anomaly. Planned geophysical studies ahead of Phase 4 will refine our geological and structural model to guide drill placement.”

BK1-23-18 was drilled across the margin of the anomaly to test the limits of graphite mineralisation. No graphite was encountered. Deposit definition will require some tests of the margins in order for us to design a more efficiently drill program. This is typical exploration testing.

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

Including the Phase 3 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, with significant Cgr intercepts being observed in 26 holes. 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) includes graphite mineralization.

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, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com.

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

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.

Posted in Uncategorised | Leave a comment

Berkwood Completes Phase 3 Definition Drilling at Lac Gueret South, QC

March 16th, 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 successfully completed its 9-hole Phase 3 definition drilling program on Zone 1 at the Company’s 100% owned Lac Gueret South Project (refer NR of March 5th). The Program was designed to constrain the southwestern and southern margins of mineralization, and to probe aspects of the structural (fold) model being developed for western Zone 1. Drilling continued to intersect substantial graphite (“Cgr”), with all nine holes hitting graphite and eight of the holes returning significant intercepts of Cgr.

So we begin the exciting but painstaking work required to unravel the structural and geological disposition of the Lac Gueret South Zone 1 graphite deposit, as Berkwood endeavours to chart a focussed and efficient program to define the potential for an economically mineable resource there. Field crews have been on site at Lac Gueret since early February to perform detailed structural logging and analysis of previous drill core – and we are increasing our structural capabilities through new collaboration with Terrane Geosciences. We are making progress in stages, and continue with each successive Phase to build on the great results we have enjoyed since discovery,” states Tom Yingling, President and CEO. “Critically, the exploration potential for a significant graphite deposit continues to be supported by the Phase 3 campaign”.

The 1,500m program continued to use oriented core techniques, and Tony Gilman of Terrane Geosciences was stationed at site at the start of Phase 3 to review structures in Phase 2 and 3 oriented core and to train the field team for detailed structural data collection. Terrane Geosciences will be merging these structural data with existing geology logs in preparation for Phase 4 work planning.

The continued testing of the western end of Zone 1 supports a model for the graphite horizons probably being folded at the western end of the geophysical anomaly. Several other examples of similar folding in the basement rocks that are observed within an 8-kilometer radius of the deposit show that arcuate fold patterns on the scale of the Zone 1 occurrence are common in the area. Further drill testing is required to continue to define the continuity and structural disposition of the mineralised intervals. In addition to drilling, and when snow conditions permit, the Company is considering an in-hole / intra-hole electromagnetic survey (mise a la masse, “MALM”) that charges specific graphite horizons which can then be traced between holes and on the surface.

Sampling: Some 258 sawn core samples from Phase 3 drilling are to be shipped to MS Analytical Laboratories in Langley, BC for treatment under the same analytical procedures applied to the samples from previous programs. Of the 258 samples, 201 were graphite-bearing rock; 47 were bracket (boundary) samples with very low to no observed graphite; and 10 were field-introduced QA/QC materials including 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 quartz sand cleaning between samples to reduce any potential for cross-contamination. Assay results for Phase 3 samples are expected after the middle of April.

Ongoing mineral characterization: Berkwood has retained the services of Met-Solve Laboratories Inc. of Langley, British Columbia to initiate mineral processing tests on a suite of graphite mineral samples. This work is required for metallurgical testing for process design following the positive initial flake sizing results announced on March 8th, 2018, when the Company announced that  testing had revealed that a large portion of the graphite flakes in a representative suite of samples 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). First results should be available around mid-May, 2018.

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

Including the Phase 3 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, with significant Cgr intercepts being observed in 26 holes. 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) includes graphite mineralization.

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, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com .

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 1-604-343-7740     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.

Posted in Uncategorised | Leave a comment

Berkwood Announces Large Graphite Flake Charactization Results at Lac Gueret Project, Quebec

March 8 2018 / TheNewswire / VANCOUVER, B.C.   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 5th, 2018).

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.

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.

Posted in Uncategorised | Leave a comment

Berkwood Resumes Resource Expansion And Definition Drilling At Lac Gueret South, QC

March 5th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce the immediate resumption of resource expansion and definition drilling on Zone 1 at the Company’s 100% owned Lac Gueret Project.

The Phase 3 program is currently underway and includes a planned 1,500m of drilling in nine HQ diamond drill holes to further test for strike continuity of mineralization along the target regional conductor, to improve our understanding of the orientation of the mineralized horizons, and to further define graphite mineralization at the Zone 1 Graphite Prospect.  The Company is focused on Zone 1 because all 18 holes drilled to date have returned significant graphite intervals.

Tom Yingling, President and CEO states, “Field crews have been on site at Lac Gueret since early February and have been performing detailed structural logging and analysis of previous drill core. This was deemed a critical step to best define how we continue to build on the exciting results from our 2017 drill programs with this next phase of drilling on Zone 1.

The Company is engaged with certain work dedicated to characterization of features of the mineralization relevant to its suitability for entry to the global graphite market: initial findings will be made available to the public in the very near term.

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

During the recently completed 18-hole Phase 1 and 2 drill programs on Zone 1 that totalled 2,525m, the Company is pleased to announce it has intersected visual Graphite in every hole drilled to date. (See news releases of assay results dated December 17th, 2017 and February 15th, 2018.) 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) includes graphite mineralization.

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, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com . For those attending the PDAC Convention in Toronto, please visit Booth No 2103 to view core samples and experience the VR ‘trip’ first hand.

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

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.

Posted in Uncategorised | Leave a comment

Berkwood Increases Landholding At Lac Gueret Project

February 27, 2018 -VANCOUVER, B.C. Berkwood Resources Ltd. (BKR)(wkn:A110N3) (“Berkwood” or the “Company”) is pleased to announce a significant increase in landholding at the Company’s 100% owned Lac Gueret Project through the acquisition of 1137794 B.C. Ltd., a private BC company,   The acquisition is an arm’s-length transaction in which the Company will issue 2,800,000 common shares by way of a share exchange agreement and a cash payment of $25,000.  The issuance of the acquisition is subject to TSX Venture Exchange approval.

The recent acquisition takes Berkwood’s Lac Gueret land package to 25,180 ha, by far the largest in the region. Additionally, the recently acquired land includes coverage of an electromagnetic anomaly that is associated with Mason Graphite’s Lac Gueret project, as seen in the map below:

As previously reported, Berkwood is currently proceeding with phase 3 drilling. The drilling continues to develop and define the ‘Zone 1’ graphite zone.

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

Edward Lyons P.Geo (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. He has worked extensively on the Lac Gueret Property, now owned by Mason, and neighbouring graphite properties since 2000.

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.

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 1-604-343-7740 or visit us at  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.

Posted in Uncategorised | Leave a comment

Berkwood reports continued high grade Graphite assays with large true thickness intersections up to 71.1 m on the Phase 2 drill program on Zone 1 Graphite Body, and world class grades of up to 37.68% over 27.11m

February 21st, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BR2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce the assay results from the Phase 2 drilling program on the Zone 1 Graphite Body at the Company’s 100% owned Lac Gueret South Project. Five HQ diamond drill holes were drilled in this program with every hole intersecting visible Graphite. Saw-cut samples of the drill core were sent for assay, and we are pleased to confirm high grade Graphite with average grades in the range of 13.64 to 21.86% Cgr and true thicknesses ranging from 20.9 to 71.1 m with shorter high grade interior graphite intervals.

Mr. Edward Lyons PGeo (BC, QC, NL) states “The Phase 2 drilling intersected thick intervals on two short lines of holes perpendicular across Section 3000E. These intercepts support an evolving structural model of multiple recumbently folded horizon(s) hosting thicker and more consistent graphitic intervals. Use of oriented core adds rigour to the interpretation. The Phase 3 drill program will continue to define and evaluate this geometry. The grades and true thickness suggests strong continuity in the system.”

The Zone 1 target is a conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width in plan view. It shows two parallel zones, which may reflect a large-scale fold. The Zone 1 drill program has intersected graphite in each of the 18 holes drilled to date on the western extent of the Zone. Preliminary metallurgical assessment is in progress.

Certificate of Analyses # YVR1800133 reports the analytical results for all samples taken in the five HQ diamond drill holes comprising Phase 2 drilling on Zone 1 Graphite Body. The holes were drilled from three sites with the drill holes oriented east and west across Section 3000E with inclinations of – 45° to -75°. The sites are located on a cut grid and are spaced about 70m apart. Significant results are described below:

Significant Drill Intersections

DDH ID

From (m)

To (m)

Cgr%
avg

Sample
length (m)

True thickness
(m) **

 

 

 

 

 

 

BK1-14-17

19.40

84.09

20.95

64.69

20.9

includes

53.99

79.55

37.68

27.11

 

 

 

 

 

 

 

BK1-15-17

47.21

129.53

13.64

74.75

71.10

includes

47.21

56.43

27.20

9.22

 

includes

67.41

81.75

27.52

14.34

 

 

 

 

 

 

 

BK1-16-17

18.32

46.66

21.86

28.34

26.61

includes

18.32

39.08

29.84

20.76

 

 

 

 

 

 

 

BK1-16-17

50.79

125.38

17.34

74.59

38.48

includes

50.79

57.91

32.00

10.17

 

& includes

69.75

87.02

30.75

17.27

 

 

 

 

 

 

 

BK1-17-17

47.74

104.32

16.23

56.58

43.30

includes

59.90

78.81

26.33

18.91

 

 

 

 

 

 

 

BK1-18-17

57.31

70.24

18.58

12.93

8.01

True thickness was estimated based on foliation to core axis in oriented core and on the present structural interpretation

The drillholes were completed on two short sections crossing Section 3000E near sites 2 and 3 described in the news release of November 27, 2017. Several narrower intervals with graphite greater than 10% Cgr occur, but are not listed above. An updated map of drill hole locations by Phase of the Program is posted to the website at http://berkwoodresources.com/lac-gueret-extensions-graphite-project-quebec-canada/

Evaluation of the oriented core and on-site data collection procedures was supervised by Tony Gilman of Terrane Geosciences Inc supports the working model. The thicker intersections along Section 3000E geology suggest an asymmetrically east dipping and shallowly north-plunging synform that includes a relatively thick band (or bands) of graphite schist on the limbs with average grades as reported here and in the November 27, 2017 news release. There are few outcrops in the heavily forested area. The Company is exploring the possibility of testing the specific horizon by electromagnetic charging of the horizon in a borehole and mapping the traces of the unit on surface to constrain interpretations. This “mise a la masse” EM (MALM) technique successfully demonstrated that the two main Quinto/Mason’s Lac Gueret showings were connected during the Qualified Person’s work there in 2002. The west-dipping topography area along section 3000E has the potential to could keep the horizon closer to the present surface. The MALM survey will be better undertaken when the present snow cover is reduced.

Tom Yingling, President and CEO states, “I am pleased we have succeeded in demonstrating significant graphite in large true thicknesses in our continuing exploration and evaluation program. Having had success in every one of the 18 holes drilled to date on Zone 1 is very exciting. On the basis of the announced results, we are proceeding immediately with Stage 3 of the Drill Program, and we are expediting preliminary metallurgical assessment. There is substantial as-yet untested strike length as defined geophysically at Zone 1. The field project continues to be managed by the same team that made Berkwood’s Zone 1 discovery.”

Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive 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.

Success in this drill program confirms that a significant component of the distinct electromagnetic conductors that 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) includes graphite.

Sampling & Analytical Procedures

Sample intervals were marked based on the presence of graphite-bearing lithology and significant visual changes in graphite appearance and range from 0.75 to 3.2 m in length. Most were between 1.1 to 2.2 m. Bracket samples to a maximum of 3.0 m length of unmineralised or very low grade (visually < 3% Cgr) mineralisation were taken to join groups of narrower graphite intersections for continuous data for future resource calculations. The samples were cut lengthwise with a diamond bladed rock saw perpendicular to the foliation. One half was placed in plastic bags with numbered tags and arranged in sequence of collection. The other half has been retained in core trays on site.

Field QA/QC materials consisted of granitic gneiss rock with no observable graphite and sulphide as blank material and quarter-cut drill core for duplicate samples. No standards or certified reference material (CRM) were used in the field. Visual inspection of blank material analyses showed the expected nil values for blank rock, which indicated no contamination from prior samples. Duplicate samples showed the close but not exact correlation with the original half-core samples as is typical of layered material. The laboratory includes five QA/QC materials, including blank material and Certified Reference Materials appropriate to the expected grade ranges in each batch of 35 client samples.

Sampling of sawn drill core was completed, weighed, and packed in rice bags under supervision by the QP, and was shipped from Baie-Comeau, QC by truck on pallets to MS Analytical Laboratories in Langley, BC. Comparisons of field weights, with the received sample weights taken at the laboratory, show a good correlation. The field weights are of use in packaging samples and estimating shipping weight.

Standard sample preparation included crushing and pulverising with silica sand “wash” prior to each sample at both stages on all samples to reduce contamination. The pulps of all samples were analyzed by MS Analytical’s SPM-140 method for graphitic carbon by ashing the sample followed by an acid digestion to eliminate carbonate and SPM-210 for total sulphur by oxidation in a LECO furnace. The standard SPM-140 analyses method of carbon as graphite (Cgr) is valid to a maximum grade of 50% Cgr. It can be increased to 100% graphite by changing oxygen flow parameters and rerun, however with our results, this has not proved necessary. Total Sulfur has no upper interference level. Density (core-in-water) measurements were done on every 10th sample in the batch. Rejects and pulps are presently stored at the MS Analytical warehouse for future metallurgical tests.

Discussion of Results

The analyses show that the thick unit on Section 3100E as well as shorter intervals showed a similar range of grades that occurs at Mason Graphite’s Lac Gueret deposit nearby. The cut-off grade used to define the intervals was the same 5% Cgr level used for Mason’s Lac Gueret resource and reserve estimations with a denser data set, published on SEDAR. One difference is that the highest grades found in one area at Lac Gueret, just over 60% Cgr, have not been matched here. Another is that the population of analyses around 5% Cgr constitute a small proportion of samples; the data are generally significantly higher or lower. Three levels of graphite concentration were codified in the field based on local estimations and follows the known data from Lac Gueret: graphite-bearing schist less than 5% (to 3%) Cgr as low grade; graphite schist with grades between 5% and 25% Cgr as medium grade; and high grade (HiG) material where the sample grades exceeded 25% Cgr and makes visual estimation is impossible in core.

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. He has worked extensively on the Lac Gueret Property, now owned by Mason, and neighbouring graphite properties since 2000.

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

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 1-604-343-7740 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.

Posted in Uncategorised | Leave a comment