Business
Berkwood Resources Completes Phase 3 Definition Drilling At Lac Gueret South, QC
VANCOUVER, B.C. / TheNewswire / March 16, 2018 - Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) ("Berkwood" or the "Company") is pleased to announc
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"VANCOUVER, B.C. / TheNewswire / March 16, 2018 - Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (\"Berkwood\" or the \"Company\") is pleased to announce that it has successfully completed its 9-hole Phase 3 definition drilling program on Zone 1 at the Company's 100% owned Lac Gueret South Project (refer NR of March 5th). The Program was designed to constrain the southwestern and southern margins of mineralization, and to probe aspects of the structural (fold) model being developed for western Zone 1. Drilling continued to intersect substantial graphite (\"Cgr\"), with all nine holes hitting graphite and eight of the holes returning significant intercepts of Cgr. \"So we begin the exciting but painstaking work required to unravel the structural and geological disposition of the Lac Gueret South Zone 1 graphite deposit, as Berkwood endeavours to chart a focussed and efficient program to define the potential for an economically mineable resource there. Field crews have been on site at Lac Gueret since early February to perform detailed structural logging and analysis of previous drill core - and we are increasing our structural capabilities through new collaboration with Terrane Geosciences. We are making progress in stages, and continue with each successive Phase to build on the great results we have enjoyed since discovery,\" states Tom Yingling, President and CEO. \"Critically, the exploration potential for a significant graphite deposit continues to be supported by the Phase 3 campaign\". The 1,500m program continued to use oriented core techniques, and Tony Gilman of Terrane Geosciences was stationed at site at the start of Phase 3 to review structures in Phase 2 and 3 oriented core and to train the field team for detailed structural data collection. Terrane Geosciences will be merging these structural data with existing geology logs in preparation for Phase 4 work planning. The continued testing of the western end of Zone 1 supports a model for the graphite horizons probably being folded at the western end of the geophysical anomaly. Several other examples of similar folding in the basement rocks that are observed within an 8-kilometer radius of the deposit show that arcuate fold patterns on the scale of the Zone 1 occurrence are common in the area. Further drill testing is required to continue to define the cont...