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Berkwood Resources Ltd.
Summary
| Project: | Lac Gueret South | |
|---|---|---|
| Deposit: | Lac Gueret South | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 7/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-7-2019: Berkwood Resources Ltd. announces a Resource Estimation report for its Lac Gueret South deposit at the Lac Gueret South project. Initial mineral resource estimate for project. Vancouver, July 16th, 2019 --Berkwood Resources Ltd. (TSX-V: BKR) is | |
| Resources: | (Resource): 1.76Mt @ 17.00% Cg (Ind.) and 1.53Mt @ 16.4% Cg (Inf.) | |
| CP/QP: | [Resources]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | Vancouver, July 16th, 2019 --Berkwood Resources Ltd. (TSX-V: BKR) is pleased to announce the results of a pit-constrained Mineral Resource Estimate regarding its Lac Guéret South Project. This maiden Mineral Resource Estimate for Lac Guéret South, Zone 1, is summarized in Table 1 (with annotation). The Mineral Resource Estimate is based on drilling campaigns in 2017 and 2018 totalling 6,232.49 meters and surface trench samples over 77 meters. Tom Yingling President and CEO states: “Berkwood has reached a significant milestone at our lac Guéret South project with the definition of significant pit constrained mineral resource. With this new data Berkwood has started the process of the permitting in order to permit forest logging in the area of the resource to allow for stripping and bulk sampling at surface. This resource presents sufficient size and grade for the Company to move forward with immediate next step plans, as this maiden resource compares favourably with other developed and in-development projects. We are confident Lac Guéret South will figure into the emerging Lac Guéret graphite production camp in the near future. Our exploration and metallurgical work has received enthusiastic support of our investors and financiers, and we will immediately embark upon a program of resource expansion in the local area. We will immediately refine our current resource and increase our knowledge on the quality and size of the deposit(s) we can expect for eventual customers.” | |
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