Berkwood Resources Ltd. (TSXV:BKR) is a Canadian junior exploration company, engaged in the exploration for graphite, cobalt, and lithium – key metals demanded by the batteries and energy storage industries. The Company owns the Lac Guéret Extensions Graphite Project, the Cobalt Ford Project, and the Delbreuil Lithium Project, assets all located within the mining-rich area of Quebec, Canada.
The company released recent Equity Research Report giving prominence to their Investment Highlights and Financial outlook!
- Berkwood’s Lac Guéret graphite property borders Mason Graphite’s (TSXV:LLG) property on the north and south. Mason’s property, having a ~75mm tonne high-grade flake graphite deposit, shares similar geological traits to that of Lac Guéret. An airborne geophysical survey identified several large anomalous zones, and ground sampling confirmed the presence of extremely high grade graphite at surface on the Lac Guéret property.
- A 1,500m-2,000m fully-funded drill program is scheduled to commence at the beginning of August 2017. Berkwood has mobilized crews at Lac Guéret Extensions to clear roads and build drill pads for the planned dill program, which is anticipated to test the area for close-to-surface graphite mineralization.
- Management has over 100 years of collective experience in the resource sector. The Company’s CEO, Thomas Yingling, has 23 years of management experience. Most notably, Mr. Yingling has served as President of Brahma Communications Corp. since July 1993.
- Recently acquired Cobalt Ford Property and the Delbreuil Lithium Property hold great potential. Previous rock samplings at Cobalt Ford indicated cobalt values of 904ppm – 1,480ppm; while the Delbreuil Lithium Property hosts historic data indicating lithium values of 1,290ppm, with tantalum and rare earth elements as by-products.