Mr. Brian Buchanan reports
BERKWOOD ADVANCES FIELD WORK AND BULK SAMPLING AT PETER LAKE
Berkwood Resources Ltd. has commenced advanced fieldwork and bulk sampling preparation at its Peter Lake copper property, located 90 kilometres north of Mont-Laurier, Que. Recently, six check grab samples were collected from the two main mineralized zones at Peter Lake, and returned assays ranging from 0.42 per cent to 22.83 per cent copper and 0.13 per cent to 0.73 per cent nickel as well as elevated gold, silver and cobalt values (for details, see Berkwood's news release dated Oct. 10, 2012). Based on these encouraging results and the geological potential of the property, a two-phase exploration program is planned.
The planned phase 1 fieldwork will focus on the Peter Lake showings area. Systematic channel sampling along the two zones extending 1.2 kilometres will be carried out to provide assays over the width and length of the zones. Flotation tests and bulk samples from the zones will be prepared (about 2,000 tonnes) for metallurgical testing and to determine bulk copper and nickel grades for comparison with mean channel sampling grades to guide future work. Significant efforts will also be made to prospect and sample along the trend of the known showings. The results from the phase 1 program will be released when received and interpreted. The work program will be performed by EarthMetrix of Montreal, QC.
The company then intends to follow with a phase 2 program consisting of a minimum of 3,500 metres of core drilling, geological compilation and the construction of a 3-D model to understand the structure of the mineralization at depth, subject to the successful completion of phase 1. Work on numerous other showings that have been uncovered by prospecting is also planned to test the economic potential of the outlying areas.
The Peter Lake copper property:
The Peter Lake copper property consists of 24 claims totalling 1,403 hectares, located in the Mont-Laurier terrane in central Grenville province, Quebec. The property lies within a sequence of metasedimentary rocks, felsic intrusives and gabbros. Copper-nickel mineralization in the area has been traced by prospecting for more than two kilometres within late gabbroic dikes along northeast controlling structures.
This news release has been reviewed and approved by Alain Moreau, PGeo, who supervised the preparation of the technical information in this news release. Mr. Moreau is a qualified person as defined by National Instrument 43-101.
To view maps and photos of the Peter Lake copper property, please go to Berkwood's website.
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