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Berkwood Resources Ltd.
Summary
| Project: | Lac Gueret South | |
|---|---|---|
| Deposit: | Zone 1 | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 2/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-2-2018: Berkwood Resources Ltd. announces an Exploration/Drilling Update report for its Zone 1 deposit at the Lac Gueret South project. Drilling results incl. 71.10m @ avg. 13.64% Cgr from 47.21m. February 21st, 2018, VANCOUVER, B.C. Berkwood Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Edward Lyons (Not stated) | |
| ABSTRACT: | February 21st, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BR2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce the assay results from the Phase 2 drilling program on the Zone 1 Graphite Body at the Company’s 100% owned Lac Gueret South Project. Five HQ diamond drill holes were drilled in this program with every hole intersecting visible Graphite. Saw-cut samples of the drill core were sent for assay, and we are pleased to confirm high grade Graphite with average grades in the range of 13.64 to 21.86% Cgr and true thicknesses ranging from 20.9 to 71.1 m with shorter high grade interior graphite intervals. Mr. Edward Lyons PGeo (BC, QC, NL) states “The Phase 2 drilling intersected thick intervals on two short lines of holes perpendicular across Section 3000E. These intercepts support an evolving structural model of multiple recumbently folded horizon(s) hosting thicker and more consistent graphitic intervals. Use of oriented core adds rigour to the interpretation. The Phase 3 drill program will continue to define and evaluate this geometry. The grades and true thickness suggests strong continuity in the system.” The Zone 1 target is a conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width in plan view. It shows two parallel zones, which may reflect a large-scale fold. The Zone 1 drill program has intersected graphite in each of the 18 holes drilled to date on the western extent of the Zone. Preliminary metallurgical assessment is in progress. | |
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