Mr. Thomas Yingling reports

BERKWOOD COMMENCES PHASE 4 DRILLING AT THE LAC GUERET SOUTH GRAPHITE PROJECT

Berkwood Resources Ltd. has mobilized its phase 4 definition drilling program on zone 1 at the company's 100-per-cent-owned Lac Gueret 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-A-La-Masse (MALM) geophysical program models derived from the ground survey conducted in the fall of 2018 (refer to news release of Oct. 24, 2018).

Prior to the commencement of the current phase 4 program, the company has drilled 27 holes on zone 1 that total 4,006 metres 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 2,000 m of core drilling aimed at developing the company's 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," stated Tom Yingling, president and chief executive officer.

"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 Quebec-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 modelling) and Michael Waldegger of MFW Geosciences (resource estimate), to ensure that the phase 4 work informs real-time model evolution and maximizes the effectiveness of drill targeting.

Sawn core samples from phase 4 drilling will be shipped to MS Analytical Laboratories in Langley, B.C., 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 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 total 4,006 m. 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-kilometre strike length and 50 metres to 600 metres in width as defined by airborne EM (electromagnetic) geophysics (see the Berkwood news release dated Feb. 10, 2015) that includes graphite mineralization.

Edward Lyons, PGeo (B.C., Quebec, Newfoundland), is a qualified person under the definition of Canadian National Instrument 43-101, and he 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 Resources 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. Berkwood Resources is led by a team with collectively over 100 years experience and whose members have been involved with the discovery of several producing mines.

We seek Safe Harbor.