(via Thenewswire.ca)
Berkwood Resources Ltd. (TSX-V: BKR) ( "Berkwood") is pleased to announce that the 2012 Summer Field Work Program has begun on the Prospect Valley Gold Property near Merritt, British Columbia.
The primary objective of this summer's initial field program is to extend the Discovery Trend mineralized zones northward and laterally from the North Discovery Zone. The initial program will comprise surface work, including prospecting, trenching, test pitting, rock sampling and soil sampling. This initial phase of work will see the soil grid extended 1km northeast along the projected Discovery Trend, a prominent north-northeast linear marked by zones of gold mineralization. Part of the overall program this summer will also include the NIC zone, a separate gold vein system in the northeastern part of the property. Work at NIC will also include prospecting, trenching, test pitting, rock sampling and soil sampling. As timing and funds permit, plans are to follow up on this early summer exploration with a drill program later in the field season to expand the known resource.
Berkwood holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC. To date, several areas of gold mineralization have been identified on the 107 km? property. The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend. To date this drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization (see Berkwood news release dated January 25, 2012 for details). The zones remain open for expansion and other known zones of gold mineralization have yet to be drilled. To view maps of the Prospect Valley Gold Property please click here.
George Gorzynski, P.Eng., a Director of Berkwood and a Qualified Person under the definition of Canadian National Instrument 43-101, is responsible for the technical information in this new release and will monitor the field program.
About Berkwood Resources:
Berkwood also recently acquired an option to earn a 100% interest in the Lac Gueret East Graphite Property in Quebec. The 3,186 Ha property borders the eastern boundary of Mason Graphite's advanced Lac Gueret Graphite Project. A 2009 technical report by Tekhne Research which covered 17% of Mason Graphite's Lac Gueret Property estimated a resource of 8.9 million tonnes grading 20.8% Graphite.
Berkwood's Lac Gueret East Graphite Property lies within the same prospective geological environment as Mason Graphite's Lac Gueret Property. Graphite in the area is present in marbles and associated with paragneisses and ranges from 3% to 40% Cg (Carbon Graphite) exhibiting flakes up to 5 mm in diameter. The Lac Gueret East Graphite Property is within three hours of Baie-Comeau by road and is easily accessible via numerous tertiary and forest roads. Property maps and details are available on the Berkwood website, please click here.
Berkwood also has a 100% interest in the Cimandiri Gold Property in Indonesia, located 120km south of Jakarta, approximately 3 hours driving time. The project is located 9km southwest of the Cikondang Gold open pit mine. Prospecting, soil sampling, induced polarization geophysics and geological mapping have been carried out on the property to date leading to the discovery of new zones of gold mineralization. For property details and maps click here.
If you are not currently on the Berkwood Resources news and updates list, you can opt-in via the Berkwood website by clicking here. 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: karim@berkwoodresources.com
Tom Steer, Media Relations Manager
Tel: (604) 681-5556 E-mail: tomsteer@berkwoodresources.com
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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