August 16th, 2019 Berkwood Resources Ltd. (TSX-V: BKR; FSE: BR2N) is pleased to announce that it will be attending the International Graphite 2019 Conference in Berlin September 10 – 11, 2019. This is a very significant, and highly attended conference as it connects producers with purchasers and consumers from across the natural and synthetic graphite markets. Its attendees are some of the world’s largest buyers, consumers and traders of Graphite. In addition, Berkwood’s management will hold a speech to the attendees from all over the world to showcase the Company’s recently announced 43-101 resource estimate for the Lac Gueret graphite deposit in Northern Quebec, Canada.
Berkwood is pleased to announce at the conference that, to date, we have 549,200 tonnes of contained Graphite, as to Indicated 299,200 tonnes and Inferred 250,000 tonnes with an estimated market value of U.S. $1,500 per tonne as used in the NI 43-101 mineral resource estimate. The Company has only explored about 20 percent of the Zone 1 anomaly and has recently added numerous additional historical high-grade graphite outcrops to add to its land package which are currently being resampled.
Please follow the link below for more details on the conference:
Berkwood has a high-grade graphite NI 43-101 resource located in Quebec, Canada and is now looking for a joint venture partner and/or offtake agreement(s). The company has made this significant graphite discovery right next door to Mason Graphite’s mine which is currently being built. Berkwood Resources was successful in hiring members of the technical team that were responsible for developing Mason’s project and so far the team is repeating this success on Berkwood’s lands. The company is led by a team with collectively over 200 years of experience and whose members have been involved with the discovery, development, construction and operation of several producing mines. Berkwood’s management plans on partnering up with a key partner(s) to do it again.
The Company is undertaking a non-brokered financing of up to $100,000 with shares to be issued at $0.05. The financing is subject to TSXV approval. Proceeds of the Placement will be used for general working capital. Finder’s fees may be payable subject to exchange approval.
About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon the ethical mining and supply of naturally occurring elements and minerals that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components for the new suite of innovative tools. The Company is led by a team with collectively over 200 years’ experience and whose members have been involved with the discovery of several producing mines.
Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101 and has approved the technical information in this news release. Ed has worked extensively on the Lac Guéret Property, now owned by Mason, and neighbouring graphite properties since 2000.
On Behalf of the Board of Directors
Berkwood Resources Ltd.
President, CEO & Director
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.
Neither 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 release.