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Berkwood Resources Commences Drill Program at Lac Gueret South Graphite Project
August 16th, 2017 / TheNewswire / VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) ("Berkwood" or the "Company") is pleased to announ
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"August 16th, 2017 / TheNewswire / VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (\"Berkwood\" or the \"Company\") is pleased to announce that drilling has commenced on its Lac Gueret South Graphite Project located in Quebec. The Company has completed certain access development for its initial group of targets, and drill pads have been prepared for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 1 area (refer location descriptions below). The Company anticipates completing up to 18 inclined drill holes (of between 60m and 120m in length) in this initial phase of work. The amended exploration permit approval to start drilling on 16 August has been received. A drill is on site ready to commence on that date. The amended permit allows for a multiphase exploration program without delays at each stage. Lac Gueret South Property, Quebec Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project lies directly south of Mason Graphite's (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest high grade graphite deposits in the world. In 2014, Berkwood conducted an electromagnetic (\"EM\") airborne geophysical survey over its South Lac Gueret Property and successfully identified several anomalous zones of high conductivity. Several of these anomalies were downgraded as they are considered too small or too deep to represent economic graphite deposits. However, the Zone 1 and Zone 2 anomalies are of significantly larger size and are considered high priority targets for immediate exploration by drilling and trenching. These large anomalous conducive areas are almost entirely covered by muskeg and till with few bedrock outcrops available property-wide. Lac Gueret South Zone 1 Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015). The western part of this zone was further defined by ground VLF and EM surveys: four VLF and 22 contiguous PhiSpy EM conductors have been detected over an apparent 800 meters length and up to a 300 meters width. This western area is interpreted as a potential bulk graphite zone interlayered within the ...