(via Thenewswire.ca)
Vancouver, British Columbia, Berkwood Resources Ltd. (âBerkwood") TSX.V. ("BKR.V") the "Company", through its Indonesian subsidiary, PT. Berkwood Resources Indonesia, is pleased to announce that is has retained Micromine Consulting Services to provide NI 43-101 oversight for its newly acquired Cimandiri Gold Property is located in West Java Indonesia.
Micromine Consulting Services (MCS) provides geological and mining consulting services to mineral resource companies in Russia, China, Mongolia, Indonesia, Europe, Central Asia and neighbouring Countries. MCS consultants are experienced geologists, mining engineers, metallurgists, surveyors, database managers and GIS specialists with extensive experience in metals, energy and construction. MCS is a division of Micromine Pty Ltd, the award-winning Australian technology and software solutions provider to the exploration and mining industry. Through its parent company, MCS serves its clients through a network of existing offices located within key regions and at major mining centres around the World. MCS can complete studies to local and International reporting standards including JORC, N143-101, SAMREC, SEHK (Chapter 18), AIM, China MLR, Russian, Ukraine and Central Asian GKZ (State Commission on Mineral Reserves) and PERC (Pan-European Reserves and Resources Reporting Committee) standards.
About Berkwood Resources Ltd.
The Company is dedicated to the acquisition, exploration and development of gold, silver and other mineral deposits in North America, and South East Asia. The Company is developing two North American properties; one of the properties is a large Epithermal Gold Property in British Columbia and the other grass roots Lithium property.
The Cimandiri Gold Property is located approximately 120 Km south of Jakarta, approximately 3 hours driving time. The property sits at an elevation ranging from 700-900m above sea level. Railway lines are nearby, with the closest rail station located only 8 Km from the property. The project is located approximately 9 Km southwest of the open pit Cikondang gold mine.
The Company currently holds a 100% interest in the Prospect Valley Gold Property in Merritt, BC. and has optioned the property to Altair Ventures Incorporated (TSX-V: AVX) of Vancouver, BC. who can earn up to 70% on expenditures of $6 million and issuing 7 million shares over four years. The 10,790 hectare property contains several bulk tonnage gold targets and is only 30km south of the world class Highland Valley Copper Mine. In this complex geological environment, the property has the potential to host a significant gold mineralizing system and is viewed as a low grade, bulk mineable epithermal gold target. To date, over 13 target areas have been identified in the claim block. The majority of the targets are located in the centre of the claim block along a prominent north-northeast trending linear zone that includes the Discovery South Zone, the Discovery North Zone, the Ridgeline Target, the South East Target, the Crown Target, the NW Dome and NE Extension Zone. The project is currently in advanced stages of exploration.
Berkwood also has a 100% interest in the Fox Creek Lithium Property in an area outlined by the Alberta Research Council and Alberta Geological Survey as having potential for a large resource of lithium within the formation waters. The Company acquired mineral claims totalling 164,072 contiguous acres in an area prospective for lithium Based upon the concentrations of lithium in formation waters in the Leduc aquifers, further exploration could be warranted for lithium-bearing brines underlying the property. Based upon the concentrations of Lithium in formation waters in the Leduc aquifers, further staged exploration is warranted for Lithium bearing brines underlying the Property.
If you are not currently on the Berkwood Resources updates list, please contact Karim Sayani, Corporate Communications at 604-662-7455 or Jamie Hyland, Tribeca Capital partners at 604-998-4730. For additional information, visit the Berkwood website at www.berkwoodresources.com.
ON BEHALF OF THE BOARD
Brian Buchanan
President and 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 news release.
For more information, please contact
Berkwood Resources Ltd.
Karim Sayani
Corporate Communications
(604) 662-7455
(604) 683-1055 (FAX)
karim@berkwoodresources.com
www.berkwoodresources.com
or
Tribeca Capital Partners Inc.
Jamie Hyland
(604) 998-4730
(604) 634-3659 (FAX)
jamie@tribecacap.com
www.tribecacap.com
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
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