EDITOR: | July 18th, 2013

Berkwood Graphite and the Lac Gueret advantage

| July 18, 2013 | No Comments
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Graphite is in the spotlightBerkwood Resources Ltd. (‘Berkwood’, TSXV: BKR) has announced the additional acquisition of four blocks in areas immediately contiguous to its Lac Guéret East Graphite property in northeastern Quebec. Berkwood discovered graphite, traceable at surface level, at the property during the fall 2012 exploration program. Last October, Berkwood identified “the graphite bearing zone, which is traceable at surface extending a minimum of 55 meters. The Quebec geological department (Géologie Québec) discovered graphite mineralization in these zones in 2011, describing the find as having a massive graphitic carbon value.

Berkwood is now ready to start developing its graphite project in Lac Gueret. One of the most relevant aspects of the project and its potential is that the property is adjacent to Mason Graphite, which has uncovered impressive results.  Mason Graphite Inc. (“Mason”, TSX.V: LLG) has already proven that it sits on one of the most abundant crystalline/flake graphite regions in the world. The mineralization highlights from Mason’s property include intersections ranging from an average 17.1% to 26.1% (Cgr), with peaks of 37.3% and 33.9%, confirming the value of the resource. Mason has also published an NI 43-101 compliant resource estimate with  measured & indicated mineral resources of approximately 7.6 million tonnes grading 20.40% Cgr. Berkwood’s Lac Guéret East Graphite Property evidently has demonstrated comparable geology such that graphite discovered in its area has shown carbon content ranging from 3% to 40% with large flakes, measuring up to 5 mm in diameter.

This is significant because large flake graphite, which is cheaper to process than the amorphous variety, has seen sharply rising demand, accounting for a fivefold price increase from USD$ 500/ton to USD$ 2,500/ton since 2005 with the steepest price increases occurring over the past two years.

The next phase of exploration may include an airborne electromagnetic survey and other surface work aiming to identify the best drill testing targets.  The graphitic carbon contents noted at the Berkwood property and the tremendous potential suggested by the quality of the graphite found at the adjacent Mason property suggest that quality mineralization extends far beyond the current resource boundaries.  Grade is a crucial factor of success; it gives the miner the ability to attract more and higher customers while also offering lower production costs; the higher the ore’s grade the less amount of graphite needs to be processed to achieve the desired specification product.

Berkwood’s resource promises to be especially rich in the kind of graphite that is need to meet applications in clean energy, lighter and more powerful batteries, super capacitors for wind turbines and pebble-bed nuclear reactors. Quebec itself, moreover, offers tremendous value to Berkwood. Quebec has decades of experience in graphite mining and production and it offers unparalleled potential for the identification of the right professional expertise and the best logistics.


Editor:


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