Berkwood Announces 2014 Prospect Valley Gold Property Field Program Plans
05 6월 2014 - 6:59PM
Access Wire
Vancouver, BC / ACCESSWIRE / June 5, 2014
/ Berkwood Resources
Ltd. (TSX-V: BKR) (the "Company"
or "Berkwood") is pleased to announce plans for summer fieldwork on
the Prospect
Valley Gold Property near Merritt,
British Columbia, Canada.
In 2013
geochemical sampling work on the property confirmed the continuity
of the main soil anomaly and extended its length to 5000 metres
indicating the large extent of the mineralizing system. Click here
to view the updated geochemistry map:
http://www.berkwoodresources.com/prospect-valley-maps.html.
To date, several areas of gold mineralization have been identified
on the 10,871 Ha Prospect Valley Gold
Property. The majority of historic
drilling has taken place in the centre of the claim block, along
the Discovery Trend. This drilling has outlined an extensive low
grade epithermal gold system with indications of potential for
additional and higher grade mineralization. The system remains open
for expansion and other known zones of gold mineralization have yet
to be drilled (see Berkwood news release dated January 25, 2012 for
details).
Click Image To View Full Size
The focus
of this year's work will be in preparation for a drill program to
test potentially higher grade gold mineralization within the core
of the Discovery Trend epithermal system. Although subject to
financing, current market conditions have reduced drill contract
rates and as such Berkwood feels this drilling can be carried out
in a low cost, effective manner. Berkwood field crews will be
visiting the property in the coming days to assess the condition of
access roads, field equipment, company vehicles and the field base
camp.
Brian
Buchanan, CEO and Director
of the Company states: "We are pleased to be in a position to
conduct fieldwork at Prospect Valley. This is an important project
in regards to Berkwood's growth and Management is very optimistic
about what this year's work program could provide, given the large
extent of the gold system defined to date."
George Gorzynski, P.Eng., a
Director of Berkwood and a Qualified Person under the definition of
Canadian National Instrument 43-101, approved the technical
information in this new release and is monitoring the field
programs.
About Berkwood
Resources:
Berkwood also holds a 100% interest
in the Lac Gueret East Graphite
Property, located in northeastern Quebec. The 3,837 Ha Lac Gueret East Graphite Property
consists of 71 claims and is adjacent to the eastern boundary of
Mason Graphite's advanced Lac Gueret Project.
If you are not currently on
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clicking here to opt-in to the list:
http://www.berkwoodresources.com/contact.html.
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For
additional information please contact:
Karim Sayani, Corporate
Communications
Tel: (604) 662-7455
E-mail: karim@berkwoodresources.com
Tom Steer, Corporate
Development
Tel: (604) 681-7455
E-mail: tomsteer@berkwoodresources.com
On Behalf of Berkwood Resources
Brian Buchanan, President and
Director
This
Berkwood News Release contains certain "forward-looking" statements
and information relating to Berkwood that are based on the
beliefs of Berkwood's management
as well as assumptions made by and information currently available
to Berkwood's management. Such statements reflect the current risks, uncertainties
and assumptions related to certain factors including, without
limitation, competitive factors, general economic conditions, relationships with
strategic partners, governmental regulation and supervision, seasonality,
technological change, changes in industry practices, and one-time
events. Should any one or more of these risks or uncertainties materialize, or should
any underlying assumptions prove incorrect, actual results and
forward-looking statements may vary materially from those described
herein. Except as required by law, Berkwood does not assume the
obligation to update any forward-looking statement.
Neither the 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 news release.
SOURCE: Berkwood Resources Ltd.
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