Berkwood plans a Surface Sampling program at its Lac Gueret Graphite Project mineralised extensions.

July 9th, 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 planned for mobilization of field crews extension projects, located adjacent to its Lac Gueret South Graphite Project located in Quebec for the immediate collection of surface graphite exposure samples, and for the collection of near surface conductor distribution data by beep-mat. The Company has determined that a long-term graphite production strategy is best served by evaluating multiple proximally located podiform graphite deposits (comparable to its centrally located Zone 1 project) to feed a future, centrally located processing facility. The model is amenable to graphite production from multiple shallow, low strip ratio open pit mining locations surrounding the Company’s existing project.

To advance the current project model the Company has, in the context of resource learning acquired from the evaluation of its drilled Zone 1 occurrence, further assessed the historic sampling of known graphite exposure on ground currently held. The review has isolated a number of high priority targets, some of which have returned high grade samples during previous workers. The presently planned sampling campaign will target five identified areas (including the eastern extension of Zone 1).

The sampling and shallow geochemistry program will focus on five (5) high priority locations where previous workers have previously reported multiple high-grade samples at surface. The five target zones will be prospected, sampled and surveyed on the strength of historic sampling exercises, airborne geophysical anomalies (2003 regional GeoTEM time domain EM data, locally a 2014 TDEM survey flown by the Company, and 2012 airborne magnetics flown by government entities respectively), ease of access and proximity to the core Zone 1 project.

The planned program will access the projects using existing roads and forest trails but will not include further access development as part of the present program. Preparations for mobilization are presently being expedited, and mobilization will be affected mid-July.

Lac Gueret South Property, Quebec

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project directly borders Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project to the South.   With a market capitalisation of over $250 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 some 50 meters in width further to the east.

Four separate drill programs have been executed on the western extent of Berkwood’s Zone 1 Graphite Body for a total of 44 holes and 6,006m completed. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date, with significant Cgr intercepts being observed in 41 holes. These programs have provided the data and assays for a resource estimation program that is presently in process.

Tom Yingling, President and CEO states, Berkwood is in the process of demonstrating a viable conceptual hub resource location at its Zone 1, Lac Gueret South prospect location. The coarse nature of the naturally occurring graphite, and the compelling in situ grades, has stimulated our determination to rapidly locate and evaluate certain nearby zones of Zone 1 lookalike graphite occurrences. These occurrences are of interest as they could support our emerging hub-and-spoke mining feed model, which envisions an integrated graphite production scenario that depends upon shallow production from multiple podiform deposits. The model would offer maximum optionality in production scheduling and extended resource life. The existence of a number of nearby known high grade occurrences and some geophysical Zone 1 lookalike targets has motivated Berkwood to galvanise this rapid sampling and shallow geophysical initiative so as to expedite definition of proximal feed sources: these will compliment the potential of the Zone 1 prospect, where we intend to shortly report a resource.”  

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

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.

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Berkwood Resources Ltd. Private Placement ($231,000 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 $231,000 and will issue 3,850,000 units at $0.06. 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 $0.10 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./p>

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.

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Berkwood Resources Ltd. buys back its position from Intact Gold Corp. on the Lac Guéret South Graphite Project

April 18, 2019, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BR2N (WKN: A2DNV4) (“Berkwood” or the “Company”) is pleased to announce that it has exercised its right to buy-back the 2.5% interest acquired by Intact Gold Corp. (ITG-TSX:V) (“Intact”) in December, 2018. Berkwood issued 875,000 units to Intact, 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 $0.07). The securities have been issued with the required four month plus one day hold period.

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.

Signed: “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.

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Berkwood Retains Consulting Firm

April 16, 2019, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BR2N (WKN: A2DNV4) (“Berkwood” or the “Company”) is pleased to announce that it has retained Hoewler International Investor Relations and Consulting (Inh. Dipl.-Kfm. Maurice Hoewler) based in Oyten, Germany to conduct Investor Relations Services on behalf of the Company pursuant to a three month contract.

Maurice Hoewler lives near Bremen, Germany and has founded his Investor Relations agency in May 2009. He owns a German diploma in business economics from the University of Osnabrueck (Banking and Finance, International Accounting, Economic Policy). With his Investor Relations agency he has collected almost 10 years of experience in the resource industry. From Oct. 2010 – Oct. 2011, Mr. Hoewler was Vice President, Manager of Investor Relations in Europe of Lexam VG Gold Inc. Among his loyal clients in Canada are TSX-V and CSE listed exploration and development companies involved in the base and precious metals, as well as key battery materials sectors. Mr. Hoewler is very well connected with the investment community in Central Europe.

Maurice Hoewler stated “We are experiencing exciting times in Europe: In my view, the powerful German automotive industry has recently made significant strategic decisions with a clear new focus on the development of electric vehicles. After some wasted years with endless political debates on consequences of the diesel emissions scandal and about driving bans as a result of exceeding nitrogen oxide limits in numerous German cities, Germany has decided to step into the fast-growing, several hundred billion Euros large electromobility market with the goal to secure thousands of jobs in the automotive sector, but also to win an ongoing race – it is the race for the best electric vehicles and next-generation solid-state batteries in the world. I believe that in these days natural graphite is highly underrated among the key battery ingredients. Against this background, I am very pleased to support Berkwood Resources Ltd. with my Investor Relations Services in the heart of Europe and look forward to a good collaboration!”

Mr. Hoewler will receive a monthly compensation of C$3,900 plus applicable taxes.  German contract law is applicable.  Maurice Hoewler also reports that he currently owns an aggregate of 20,000 common shares of Berkwood Resources Ltd., directly and indirectly.  The above mentioned transaction is subject to the approval of the regulatory authorities.

For further information, please contact:
Hoewler International Investor Relations and Consulting – Finanzkommunikation und Unternehmensberatung – Inh. Dipl.-Kfm. Maurice Hoewler Bergstr. 28
28876 Oyten, Germany
Phone.: +49 (0) 4207 6022447 (Office hours: Monday – Thursday 3:00 – 6:00 pm CET)
Email: hoewler2000@yahoo.de
XING Profile: https://www.xing.com/profile/Maurice_Hoewler
German column at ariva.de: http://www.ariva.de/news/kolumnen/autoren/Maurice-Hoewler-Hoewler-International-Investor-Relations-and-Consulting-1004

On Behalf of the Board of Directors
Berkwood Resources Ltd.

Signed: “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.

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Berkwood Reports its 4th Drill Program has Returned Continued High Grade Graphite Assays with 22.22% Cgr over 102.45m and 43m in Surface Outcrop Channel Graphite Sample Assaying 24.17%.

March 11th, 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 positive assay results from the Phase 4 drilling program completed in December, 2018. The program was designed to test areas around the western fold nose of Zone 1, and to extend and infill areas of known mineralization with a view to expanding and improving the existing geological model and to prepare for an initial mineral resource estimate. The 16 inclined NQ holes totalled 2,078.3 m at the end of the program. Samples were shipped to MS Analytical Laboratories (Langley, BC) for analysis, following the protocols applied to assay samples for Phases 1 through 3 from late 2017 through 2018. The drill program was carried out by Forage Gyllis of Saint-Jérôme, Quebec, a Ron Thibault company.

During the program several shallow subcrops of highly graphitic bedrock were exposed and channel sampled. A channel sample composite over 43m taken normal to strike returned an average grade of 24.17% graphite. The composite sample results for drilling and channel sampling during Phase 4 are listed in Table 1, below.

Table 1: Results from Phase 4 Drilling (with Channel Sampling)

DDH ID From (m) To (m) Sample Length
(m)
Cgr
%

BK1-30-18

64.9 111.1 46.23 23.76
includes 64.9 74.23 9.33 25.21
includes 87.83 110.1  22.27 30.93

BK1-33-18

3 65.51  62.51 20.83
includes 3 30.63 27.63 33.93

BK1-34-18

55.65 61.42 5.77 21.12

BK1-35-18

3 105.5 102.45 22.22
includes 3 13.32 10.32 37.29
includes 28.61 39  10.39 29.71
includes 59.6 73.1 13.5 28.09

BK1-36-18

57.14 71.44 14.3 10.63

BK1-37-18

61.19 67.14 5.95 9.14

BK1-38-18

63 68.85 5.85 9.81

BK1-39-18

66.06 70.44 4.38 8.25

BK1-41-18

49.85 80.78 30.93 8.75

BK1-42-18

20.18 178.3 158.12 14.05
includes 24.44 58.42 33.98 28.71
and 115.1 120 4.9 26.69

BK1-43-18

23.43 35.3 11.87 8.44
and 56.84 112.3 55.46 22.56
includes 56.84 86.7 29.86 28.62

BK1-44-18

50.52 55.22 4.7 16.9
and 79.93 84.4 4.47 9.14

BK1-45-18

10.72 16.43 5.71 8.44
and 56.66 91.17 34.51 11.31
Channel-1 17 60 43 24.17
Channel-2 2 17 15 27.87

Of the 16 holes drilled, 13 intersected significant mineralization with one hole having 22.22% Cgr over 102.45m, with a high sample grade of 33.88%. The intersection of multiple wide intercepts (for example the BK1-15-17 intercept of 72.10m at 13.64% Cgr from Phase 1 drilling, among others) continue to encourage the Berkwood team to advance the Lac Guéret South project as rapidly as possible.

Tom Yingling, President and CEO, states: “I am very pleased to announce the successful completion of the fourth phase of drilling with all four phases combined totalling over 6,000 metres now.  The Berkwood team is also pleased to announce that we have drilled a 158.13 metre intersection of graphite mineralization in hole 42 and 102.45 meters in hole 35.  We are continuing to unravel the structural and geological disposition of the Lac Guéret 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 economic resource. Field crews performed detailed structural logging and analysis of previous drill core.  Once complete we will add this information to our 3D model of our graphite body providing a clearer, more detailed picture of the size and geometry of the southwestern portion 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.” 

Edward Lyons, P.Geo (BC, QC. NL) states: The drilling in Phase 4 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 recoverable coarse flake graphite, making these units potentially of similar economic value to higher grade intervals. The true widths and persistence of graphite in almost all of Berkwood’s drillholes to date show the potential of the Zone 1 anomaly.”

BK1-31-18 and BK1-32-18 were drilled across the margin of the western edge of the anomaly to test the limits of graphite mineralisation. No significant graphite was encountered. Deposit definition will require some tests at the deposit margins for the company to fully define mineralization. This is typical of exploration testing.
Including the Phase 4 campaign, the Company has drilled 44 holes on Zone 1 that totals 6,006m. The Company is pleased to announce it has intersected visual Graphite in every hole drilled to date, with significant Cgr intercepts being observed in 41 holes. Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that have been detected over a two-kilometer strike length and 50 meters to 600 meters in width by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) includes graphite mineralization. The Company presents the following consolidated summary of drill results (refer Table 2) for stakeholder review.

Table 2: Summary of significant graphite (Cgr) intercepts from drilling and channel sampling

DDH / Trench ID

From
(m)

To
(m)

Sample
Length
(m)

True
thickness
(m)**

Cgr
Ave
(%)

Phase 1 Drill Program

       

BK1-01-17

40.23

45.00

4.77

4.48

28.61

99.48

137.77

38.29

36.00

14.68

includes

101.98

110.19

 8.21

9.20

29.17

BK1-02-17

43.05

46.38

3.33

9.75

15.16

 

60.85

80.45

19.60

15.50

24.01

includes

64.38

74.40

10.02

6.40

32.95

BK1-03-17

20.79

47.69

26.90

26.90

24.40

includes

24.28

26.94

2.66

2.60

31.08

includes

34.69

44.06

9.37

9.30

35.34

BK1-03-17

93.40

99.38

5.98

5.98

13.11

BK1-04-17

26.68

79.24

52.56

40.30

21.01

includes

26.68

54.55

27.87

21.40

28.38

includes

69.19

71.71

2.52

1.90

31.72

BK1-05-17

31.40

43.86

12.46

8.80

20.72

includes

36.21

39.41

3.20

1.40

33.69

BK1-06-17

16.39

28.34

11.95

22.10

25.52

BK1-07-17

112.75

118.61

5.95

4.40

10.83

BK1-08-17

139.42

160.63

 21.21

16.40

20.04

includes

150.37

155.83

5.46

4.50

31.19

 

169.83

177.04

7.11

6.20

28.02

BK1-09-17

114.25

142.34

 28.09

18.50

12.27

BK1-10-17

133.98

148.75

 14.77

14.10

9.10

BK1-11-17

19.84

24.17

4.33

3.80

11.39

BK1-12-17

30.62

33.93

3.31

2.70

11.23

BK1-13-17

38.44

46.59

8.15

6.90

19.20

 

99.64

105.57

5.93

4.90

18.84

 

117.60

120.13

2.53

2.00

18.52

Phase 2 Drill Program

       

BK1-14-17

19.40

84.09

64.69

20.90

20.95

includes

53.99

79.55

 25.56

 

37.68

BK1-15-17

47.21

129.53

 82.32

71.10

13.64

includes

47.21

56.43

9.22

 

27.20

includes

67.41

81.75

14.34

 

27.52

BK1-16-17

18.32

46.66

28.34

26.61

21.86

includes

18.32

39.08

20.76

 

29.84

BK1-16-17

50.79

125.38

74.59

38.48

17.34

includes

50.79

57.91

 7.12

 

32.00

& includes

69.75

87.02

17.27

 

30.75

BK1-17-17

47.74

104.32

56.58

43.30

16.23

includes

59.90

78.81

18.91

 

26.33

BK1-18-17

57.31

70.24

12.93

8.01

18.58

Phase 3 Drill Program

       

BK1-19-18

35.20

44.60

9.68

9.10

24.85

BK1-20-18

15.20

43.43

28.23

3.80

5.04

 

43.43

62.33

18.90

14.50

14.28

 

62.33

99.93

37.60

19.90

4.28

BK1-21-18

74.20

112.92

38.72

26.50

17.58

BK1-22-18

21.34

50.15

28.80

16.50

17.85

BK1-23-18

0.00

0.00

0.00

0.00

0.00

BK1-24-18

64.93

70.45

5.52

1.90

13.18

BK1-25-18

18.24

148.79

130.55

87.50

17.37

Includes

18.24

47.14

28.90

20.20

24.67

Includes

47.14

71.60

24.46

15.70

9.03

Includes

71.60

88.39

16.79

13.80

33.88

includes

88.39

113.31

24.92

12.50

18.52

includes

113.31

148.79

35.48

25.30

6.79

BK1-26-18

67.91

76.30

8.39

4.20

14.70

 

128.07

148.08

 20.01

9.00

18.37

BK1-27-18

43.55

48.87

5.32

1.80

4.58

 

57.71

72.49

14.78

6.20

6.82

 

119.10

134.11

15.01

11.50

20.58

 

141.21

147.13

5.92

4,50

26.70

 

161.00

182.89

21.89

10.00

4.76

Phase 4 Drill / Channel Program

       

BK1-30-18

64.9

111.1

46.23

 

23.76

Includes

64.9

74.23

9.33

 

25.21

Includes

87.83

110.1

23.3

 

30.93

BK1-33-18

3

65.51

 62.51

 

20.83

Includes

3

30.63

27.63

 

33.93

BK1-34-18

55.65

61.42

5.77

 

21.12

BK1-35-18

3

105.5

102.45

 

22.22

Includes

3

13.32

10.32

 

37.29

Includes

28.61

39

 10.39

 

29.71

Includes

59.6

73.1

13.5

 

28.09

BK1-36-18

57.14

71.44

14.3

 

10.63

BK1-37-18

61.19

67.14

5.95

 

9.14

BK1-38-18

63

68.85

5.85

 

9.81

BK1-39-18

66.06

70.44

4.38

 

8.25

BK1-41-18

49.85

80.78

30.93

 

8.75

BK1-42-18

20.18

178.3

158.12

 

14.05

Includes

24.44

58.42

33.98

 

28.71

Includes

115.1

120

4.9

 

26.69

BK1-43-18

23.43

35.3

11.87

 

8.44

 

56.84

112.3

55.46

 

22.56

includes

56.84

86.7

29.86

 

28.62

BK1-44-18

50.52

55.22

4.7

 

16.9

 

79.93

84.4

4.47

 

9.14

BK1-45-18

10.72

16.43

5.71

 

8.44

 

56.66

91.17

34.51

 

11.31

           

Channel-1

17

60

43

 

24.17

Channel-2

2

17

15

 

27.87

** True thickness was estimated based on foliation to core axis and the initial interpretation of unit attitudes from geology modelling.

Edward Lyons, the company’s QP, explains that the determination of true width at Lac Guéret is complicated by two principal phases of folding. The probability of multiple folds within graphite horizons, such as has been observed at Mason Graphite’s adjacent Lac Guéret deposit, can result in thickening of graphitic units. The estimation parameters will be principally constrained by the modelled geology and structure (interpreted with the assistance of Terrane Geosciences Inc. of Halifax, NS). The latest results will be assessed in a 3D model, with plans to commence an initial mineral resource estimate in Q2. Lyons notes that the extensive high-grade graphite in subcrop, as well as a number of high assayed grades at relatively shallow depth are factors that may have positive impacts on ultimate strip ratios for mining.

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.  Ed has worked extensively on Mason’s Lac Guéret Property, and neighbouring graphite properties since 2000.


Photo:  Channel Sampling of graphite from outcrop 2 on Lac Guéret.

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.

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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

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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