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File: 081617-BKR commences drilling Lac Gueret.docx
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TSX-V: BKR
FSE: BR2
WKN: A110N3
August 16thth, 2017
Berkwood Commences Drill Program at Lac Gueret South Graphite Project
August 16th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) ("Berkwood" or the "Com
--->pany") is pleased to announce that drilling has commenced on its Lac Gueret South Graphite Project located in Quebec.
--->The Company has completed certain access development for its initial group of targets, and drill pads have been prepar
--->ed for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 1 area (refer location descripti
--->ons below). The Company anticipates completing up to 18 inclined drill holes (of between 60m and 120m in length) in th
--->is initial phase of work. The amended exploration permit approval to start drilling on 16 August has been received. A
--->drill is on site ready to commence on that date. The amended permit allows for a multiphase exploration program withou
--->t delays at each stage.
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 infrastr
--->ucture. The Project lies directly south of Mason Graphite's (TSX-LLG) advanced Lac Gueret Project. Mason is developing
---> one of the largest high grade graphite deposits in the world.
In 2014, Berkwood conducted an electromagnetic ("EM") airborne geophysical survey over its South Lac Gueret Property a
--->nd successfully identified several anomalous zones of high conductivity. Several of these anomalies were downgraded as
---> they are considered too small or too deep to represent economic graphite deposits. However, the Zone 1 and Zone 2 ano
--->malies are of significantly larger size and are considered high priority targets for immediate exploration by drilling
---> and trenching. These large anomalous conducive areas are almost entirely covered by muskeg and till with few bedrock
--->outcrops available property-wide.
Lac Gueret South Zone 1
Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to 600 meters in wid
--->th as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015). The western part of t
--->his zone was further defined by ground VLF and EM surveys: four VLF and 22 contiguous PhiSpy EM conductors have been d
--->etected over an apparent 800 meters length and up to a 300 meters width. This western area is interpreted as a potenti
--->al bulk graphite zone interlayered within the hinge of a complex fold. The limbs thin to 50 meters in width as the Zon
--->e extends eastward.
A total of 11 rock grab samples were collected in the vicinity of the Zone 1 anomaly: three of these samples contained
---> 36.3%, 14.4%, and 1.04% Cgr(Carbon as Graphite) respectively. The presence of significant values of Carbon as Graphit
--->e found in the vicinity of these mainly covered large geophysical anomalies is interpreted to indicate that the anomal
--->ies are probably large graphite zones.
Lac Gueret South Zone 2
Zone 2 is contiguous with the southern limit of the Mason Graphite claim boundary and along strike from the graphite z
--->ones of Mason Graphite. A total of two VLF-EM and 15 PhiSpy ground geophysical anomalies confirm the occurrence of two
---> parallel east-west conductors. The larger conductor extends 1 kilometer in length and 60 meters in width.
To view details, maps and photos of Berkwood's properties please click the following link: http://www.berkwoodresource
--->s.com/properties.html. The program is being undertaken subject to two current drilling permits issued by regulators in
---> Quebec.
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. He has worked extensively on the Lac Gueret Property, now
---> owned by Mason, and neighbouring graphite properties since 2000. The Cgr analyses were carried out and certified by A
--->GAT Laboratories of Mississauga, Ontario using a LECO furnace and an infrared detector.
Tom Yingling, President and CEO states, "I am pleased we have embarked upon our planned drill program. This test has
--->targets an extensive and very compelling conductive zone, in a district in which the world class Mason graphite deposi
--->t is now in development."
About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essenti
--->al technologies. These technologies are dependent upon materials that enhance the performance of energy storage system
--->s and permit the development and miniaturization of new electronics and structural components in the new suite of inno
--->vative tools. The Company is led by a team with collectively over 100 years experience and have been involved with nu
--->merous discoveries of 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
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
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forw
--->ard-looking statements consist of statements that are not purely historical, including any statements regarding belief
--->s, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties tha
--->t 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 curr
--->ent views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.
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