Berkwood Resources Ltd. (TSX-V: BKR) ("Berkwood") is pleased to announce that it is in the process of completing a compilation and review of all available historical data on its Lac Gueret East Graphite Property, located approximately 290 km north of Baie-Comeau, Quebec, in preparation for developing a 2013 Field Work program with the objective to delineate prospective graphite zones.
During prospecting in October 2012 the first graphite bearing zone on the Property was discovered. The graphite bearing zone, which is traceable at surface extends a minimum of 55 metres, has a mean true width of 4-5 metres and trends northeast. (see Berkwood news release dated October 29, 2012 for details).
Plans for the 2013 Field Work program, subject to interpretation of historical data and the geological potential of the property, may consist of mapping, sampling, airborne and ground geophysics stripping and trenching, with the objective of generating targets for drill testing.
The Lac Gueret East Graphite Property consists of 59 claims totalling 3186 Ha and is adjacent to the eastern edge of Mason Graphite's advanced Lac Gueret Property which has NI 43-101 compliant measured & indicated mineral resources of 7.6 million tonnes grading 20.40% Cgr. The Lac Gueret East Graphite Property shares a similar geological environment as Mason Graphite's Lac Gueret Property including on strike stratigraphic units and structures. It lies within the Parautochtonous Gagnon Terrane (Paleoproterozoic), characterized by minor granitic gneiss as well as dominant and younger metasediments of the Gagnon Group, a unit fertile for graphite which is imbedded in biotite / garnet / sillimanite / graphite paragneisses and dolomitic marbles. Graphite in the area is present in marbles and in contact with or within paragneisses and ranges from 3% to 40% Cg (Carbon Graphite) exhibiting flakes up to 5 mm in diameter. Large flake graphite is generally considered from 0.2 mm or more in size.
To view photos and maps of the Lac Gueret East Graphite Property, click the following link: http://www.berkwoodresources.com/lac-gueret-east.html.
George Gorzynski, P.Eng., a Director of Berkwood and a Qualified Person under the definition of Canadian National Instrument 43-101, approved the technical information in this new release and is monitoring the field programs.
About Berkwood Resources:
Berkwood also holds a 100% interest in the Prospect Valley Gold Property located near Merritt, BC. Several areas of gold mineralization have been identified on the 10,871 Ha property. The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend. This drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization. The system remains open for expansion and other known zones of gold mineralization have yet to be drilled (see Berkwood news release dated January 25, 2012 for details).
Berkwood recently acquired an option to earn a 100% interest in the Peter Lake Copper Property. The property consists of 87 claims totalling 5086 Ha and is located in the Mont-Laurier Terrane, in the Central Grenville Province, Quebec. Recently six check grab samples were collected from the two main mineralized zones at Peter Lake and returned assays ranging from 0.42% to 22.83% Copper and 0.13% to 0.73% Nickel as well as elevated gold, silver and cobalt values.
To view details, maps and photos of Berkwood's properties please click the following link: http://www.berkwoodresources.com/properties.html.
If you are not currently on the Berkwood Resources news and updates list, you can opt-in via the Berkwood website by the following link http://www.berkwoodresources.com/contact.html. News Releases and exploration updates are emailed to list members who wish to keep up to date with Berkwood Resources and our projects.
On Behalf of Berkwood Resources
"Brian Buchanan"
Brian Buchanan, President and Director
For additional information please contact:
Karim Sayani, Corporate Communications
Tel: (604) 662-7455 E-mail: [email protected]
Tom Steer, Media Relations Manager
Tel: (604) 681-5566 E-mail: [email protected]
Forward Looking Statements
This Berkwood News Release may contain certain "forward-looking" statements and information relating to Berkwood that are based on the beliefs of Berkwood's management as well as assumptions made by and information currently available to Berkwood's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement.
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.
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