Issue link: http://resourceworld.uberflip.com/i/882975
56 www.resourceworld.com O C T O B E R / N O V E M B E R 2 0 1 7 Berkwood drilling intersects graphite at Lac Gueret South BERKWOOD RESOURCES LTD. [BKR- TSXV; CZSVF-OTC; BK2-FSE] has reported that as of late August seven drill holes completed on its Lac Gueret South graph- ite project have intersected visual graphite at depths consistent with conductive units detected using electromagnetic (EM) geo- physical techniques. The project is located in Côte Nord, about three hours' drive from Baie Comeau, Québec, along the southern boundary of the Mason Graphite Inc. [LLG-TSXV; MGPHF-OTCQX] property where that company plans to build a graphite mine and processing plant. Berkwood anticipates completing up to 9 further drill holes in this initial phase of work. The initial holes were located on the southern margin of the SW extent of a large airborne and ground EM and magnetic anomalous area in order to confirm the modeled dip direction of the large structure and to test for the presence of graphite. UPDATE OF PHASE 1 DRILLING AND VISUALIZATION OF GRAPHITE: The drill program has seen completion of seven drill holes BK1-01-17 to BK1-07-17 on four sites for a total of 851.7 metres. The visual graphite intercepts for the first two drill holes on site No.1, were reported August 22. Holes BK1-03-17 and BK1-04-17 are located at site No.2 about 110 m north of site No.1. In hole BK1-03- 17 (168.25 m length) visible graphite is observed over the intervals of 20.8-49.0 (28.2 m), 125.4-137.25 (11.85 m), 89.11- 87.65 (1.46 m), 93.4-96.6 (3.2 m), 97.8-99.4 ((1.6 m), 104.65-107.4 (2.75 m) and 158.0- 159.7 (1.7 m)). In hole BK1-04-17 (79.24 m), visible graphite is recorded continu- ously from 26.7 to 79.24 m, in variable amounts and styles. Site No.3 is about 65 m north of site No.2 and is the focus of BK1-05-17 and BK1-06-17. In hole BK1-05-17 (160.63 m) visible graphite is recorded 29.74-43.86 (14.12 m), 58.93-63.93 (5.0 m), 70.99-80.63 (9.64 m) and 93.49-96.69 (3.2 m), while in hole BK1-06-17 (81.38 m) graphite is recog- nized 15.12-28.34 (13.22 m) and 53.2-54.34 (1.14 m). Site No. 4 is about 87 m east of cut line 3,100E that hosts sites No.1 to No.3. It is the focus of BK1-07-17. This hole has not been logged, though an interval of visible graph- ite is reported 112.75-118.69 (5.94 m). Tom Yingling, President and CEO, said, "I am pleased to provide continuing con- firmation that we have intersected graphite in all of the first seven holes in our first drill program and have commenced plans to expand our work program. The elec- tromagnetic conductors have proven very effective in identifying mineralized targets for drilling." Berkwood also has the Cobalt Fold property in the Côte Nord area and the Delbreuil lithium property 78 km south- west of Val-D'Or, Québec. n MINING