Vancouver, BC / ACCESSWIRE / July 23 2014 / Berkwood Resources (TSX-V:BKR) is pleased to announce that a ground geophysics survey has commenced on its Prospect Valley Gold Property, near Merritt, British Columbia, Canada.
The Ground Magnetics survey grid will consist of 20 lines at lengths varying from 700 m to 1100 m per line and a 50 m spacing with readings taken at 12.5 m intervals, located south of the previous geophysical grid. The results of this ground geophysics program will be compiled with results from previous geochemistry programs and together will be used to define drill targets in preparation for drilling planned for later this year. The drilling is planned to test for potentially higher grade gold mineralization on the southern extension of the Discovery Trend epithermal system.
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To date, several areas of gold mineralization have been identified on the 10,871 Ha Prospect Valley Gold 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). The 2014 drill program is planned to test the southern extension of the gold system into an area of deeper overburden where no drilling has been carried out before.
To view details, maps and photos of the Prospect Valley Gold Property please click the following link: http://www.berkwoodresources.com/prospect-valley-property.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 Lac Gueret East Graphite Property, located in northeastern Quebec. The 3,837 Ha Lac Gueret East Graphite Property consists of 71 claims and is adjacent to the eastern boundary of Mason Graphite's advanced Lac Gueret Project.
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On behalf of Berkwood Resources
Brian Buchanan, President and Director
For additional information please contact:
Karim Sayani, Corporate Communications
Tel: (604) 662-7455 E-mail: [email protected]
Tom Steer, Corporate Development
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 and forward-looking information may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement or forward-looking information.
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SOURCE: Berkwood Resources