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File: 2018-04-26 BKR Phase 3 Drill - visual v2-EL.docx

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 TSX-V: BKR
 
 
 
 FSE: BR2
 
 
 
 WKN: A110N3
 April 26th, 2018
 
 BERKWOOD RESOURCES ANNOUNCES OVER 130.55 METER VISUAL GRAPHITE INTERSECTION FROM PHASE 3 DRILLING.
April 26th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) ("Berkwood" or the "Comp
--->any") is pleased to announce that it has intersected significant intersections of visual graphite during its phase 3 d
--->rill program, including one drill hole that has a 130.55123.93 meter intersectation with a 87.53 meter true thickness.
--->   The nine completed holes totalled 1,481.4 metres (m) of HQ core to objective depths. Eight of the nine holes contai
--->ned significant graphite intervals as listed on the table below.
"I am very pleased to announce the successful completion of the third phase of drilling with all three phases combined
---> totalling over 4000 metres now.  The Berkwood team is also pleased to announce that we have drilled a 123 124 metre i
--->ntersection of graphite with a true thickness of 87.5 metres.  We are continuing to unravel the structural and geologi
--->cal disposition of the Lac Gueret South Zone 1 graphite body.  So we continue the exciting but painstaking work requir
--->ed as Berkwood endeavours to chart a focussed and efficient program to define the potential for an economically mineab
--->le resource. Field crews performed detailed structural logging and analysis of previous drill core - and we are increa
--->sing our structural capabilities through new collaboration with Terrane Geosciences. Once complete we will have a 3D m
--->odel of our graphite body providing a clearer more detailed picture of the size and geometry of our Zone 1 graphite bo
--->dy.  We are making progress in stages, and continue with each successive Phase to build on the great results we have e
--->njoyed since discovery," states Tom Yingling, President and CEO. "Critically, the exploration potential for a signific
--->ant graphite deposit has continued to be supported by the Phase 3 campaign".
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[Key:  LO-GR = 3 to 5% Cgr; MED-GR = 5 to 25% Cgr; HIG = +25% Cgr]

Edward Lyons, PGeo (BC, QC. NL) states, "The drilling in Phase 3 focused on expanding knowledge in and adjacent to the
---> previously drilled areas. One outcome is increased recognition of intervals of lower grade graphite interlayered with
---> high-grade material. Some relatively narrow true width intervals with lower grades may represent lateral extensions o
--->f thicker zones. Industry and metallurgical experience in highly metamorphic graphitic rocks has shown that the medium
---> and lower graphite grade material can yield higher percentages of coarse flake graphite recovery, making these units 
--->potentially of similar economic value. The true widths and persistence of graphite in almost all of Berkwood's drillho
--->les to date show the potential of the Zone 1 anomaly. Planned geophysical studies ahead of Phase 4 will refine our geo
--->logical and structural model to guide drill placement."
BK1-23-18 was drilled across the margin of the anomaly to test the limits of graphite mineralisation. No graphite was 
--->encountered. Deposit definition will require some tests of the margins in order for us to design a more efficiently dr
--->ill program. This is typical exploration testing.
Lac Gueret South Zone 1

Lac Gueret South is located in Cote Nord, Quebec, a three-hour drive from Baie-Comeau in an area with very good infras
--->tructure. The Project lies directly south of Mason Graphite's (TSX-LLG) advanced Lac Gueret Project. Mason is developi
--->ng one of the largest medium to high-grade graphite deposits in the world.

Including the Phase 3 campaign, the Company has drilled 27 holes on Zone 1 that totals 4,006m. The Company is pleased 
--->to announce it has intersected visual Graphite in every hole drilled to date, with significant Cgr intercepts being ob
--->served in 26 holes. Success in these drill programs confirms that a significant component of the distinct electromagne
--->tic conductors that occur over a two kilometer strike length and 50 meters to 600 meters in width as defined by airbor
--->ne EM geophysics (see the Berkwood news release dated February 10, 2015) includes graphite mineralization. 

To view a virtual reality video of the autumn Phase 1 Zone 1 drill program as well as the most recent winter Phase 2 d
--->rill program, please follow the link at the bottom of our home page at: http://www.berkwoodresources.com . 

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. Ed has worked extensively on the Lac Gueret Property, now
---> owned by Mason, and neighbouring graphite properties since 2000. 

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 the ethical mining and supply of naturally occurring elements a
--->nd minerals that enhance the performance of energy storage systems and permit the development and miniaturization of n
--->ew electronics and structural components for the new suite of innovative tools.  The Company is led by a team with col
--->lectively over 100 years experience and whose members have been involved with the discovery of several 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 news release.
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.