Berkwood Resources reports strong results from its 4th drill program in Québec

March 18, 2019

Vancouver-based Berkwood Resources (TSX-V: BKR, FSE: BK2, WKN: A110N3) reported positive assay results from its Phase 4 drilling program completed in December, 2018. Results from their Lac Gueret South deposit in Quebec have shown continued high grade graphite assays with 22.22% Cgr over 102.45m and 43m in surface outcrop channel graphite sample assaying 24.17%.

Located in Cote Nord, eastern Quebec, Lac Gueret South comprises 288 claims, which cover a total area of 15,552 hectares.

The program was designed to test areas around the western fold nose of Zone 1, and to extend and infill areas of known mineralization with a view to expanding and improving the existing geological model and to prepare for an initial mineral resource estimate. The 16 inclined NQ holes totalled 2,078.3 m at the end of the program. Samples were shipped to MS Analytical Laboratories (Langley, BC) for analysis, following the protocols applied to assay samples for Phases 1 through 3 from late 2017 through 2018.

During the program several shallow subcrops of highly graphitic bedrock were exposed and channel sampled. A channel sample composite over 43m taken normal to strike returned an average grade of 24.17% graphite.

Of the 16 holes drilled, 13 intersected significant mineralization with one hole having 22.22% Cgr over 102.45m, with a high sample grade of 33.88%.

“We continue the exciting but painstaking work required”

In a statement, Tom Yingling, President and CEO commented:
“I am very pleased to announce the successful completion of the fourth phase of drilling with all four phases combined totalling over 6,000 metres now. The Berkwood team is also pleased to announce that we have drilled a 158.13 metre intersection of graphite mineralization in hole 42 and 102.45 meters in hole 35. We are continuing to unravel the structural and geological disposition of the Lac Guéret South Zone 1 graphite body. So we continue the exciting but painstaking work required as Berkwood endeavours to chart a focussed and efficient program to define the potential for an economic resource.”

The intersection of multiple wide intercepts (for example the BK1-15-17 intercept of 72.10m at 13.64% Cgr from Phase 1 drilling, among others) continue to encourage the Berkwood team to advance the Lac Guéret South project as rapidly as possible.

Next steps

Commenting on the next steps involved, Yingling continued: ” Field crews performed detailed structural logging and analysis of previous drill core. Once complete we will add this information to our 3D model of our graphite body providing a clearer, more detailed picture of the size and geometry of the southwestern portion of our Zone 1 graphite body. We are making progress in stages and continue with each successive Phase to build on the great results we have enjoyed since discovery.”

You can find out more about Berkwood Resources on their website , follow them on Twitter @BerkwoodBKR and connect with them on Facebook and LinkedIn.

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MiningIR hosts a variety of articles from a range of sources. Our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.
James Hyland, MiningIR