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Berkwood Resources Ltd (3)
Symbol BKR
Shares Issued 39,744,794
Close 2018-09-27 C$ 0.07
Market Cap C$ 2,782,136
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Berkwood releases 3-D rendering of Lac Gueret zone 1

2018-09-27 10:08 ET - News Release

Mr. Thomas Yingling reports

BERKWOOD ANNOUNCES COMPLETION OF 3D MODEL

Berkwood Resources Ltd. has released for public reviewing its 3-D rendering of a preliminary geological model for its Lac Gueret zone 1 graphite discovery. The preliminary model is based upon 4,006 metres 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 chief executive officer, Tom Yingling.

Viewers should note that the model is as still open to the east and northeast 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 to the news release of Aug. 23, 2018) for which the field component is presently expected to complete by mid-October.

Chief executive officer 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 focused on maximizing 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 (British Columbia, Quebec, Newfoundland), is a qualified person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release. Mr. Lyons has worked extensively on the Lac Gueret property, now owned by Mason, and neighbouring graphite properties since 2000.

About Berkwood Resources Ltd.

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.

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