Lac Guéret East Graphite Property
The Lac Guéret East Graphite Property is located within the exploration friendly jurisdiction of Quebec, in the Manicouagan Regional County Municipality, three hours driving time from the city of Baie-Comeau. The property consists of 71 contiguous claims covering 3837 Ha and is prospective for Graphite. Berkwood holds a 100% interest in the property.
Easy access is provided via a major secondary road and numerous tertiary and forest roads that traverse the property. The property is situated in the geological Grenville Province and part of the Plan Nord region, Quebec’s highly regarded sustainable development initiative.
The Lac Guéret East Graphite Property is adjacent to the eastern edge of Mason Graphite’s significant Lac Guéret Deposit. Mason Graphite’s advanced Lac Guéret Project has an NI 43-101 compliant mineral resource estimate with measured & indicated mineral resources of 50 million tonnes grading 15.6% Cgr (Carbon as Graphite), inlcuding 6.6 million tonnes grading 32.4% Cgr.
The Lac Guéret East Graphite Property shares a similar prospective geological environment as Mason Graphite’s Lac Guéret Property (located adjacent and to the west), including along strike stratigraphic units and structures. The Lac Guéret East Property lies within the Parautochtonous Gagnon Terrane (Paleoproterozoic), characterized by minor and old granitic gneiss as well as dominant and younger metasediments of the Gagnon Group, a unit fertile for graphite imbedded in biotite / garnet / sillimanite / graphite paragneisses, dolomitic marbles. Graphite in the vicinity ranges from 3% to 40% Cg (averaging 20.4% at Mason Graphite’s Lac Guéret Deposit) and exhibits flakes of up to 5 mm in diameter. Large flake graphite is 0.2 mm and above.
Fieldwork has commenced on the property. The objective of the Phase 1 work program is to delineate prospective Graphite zones.
During prospecting the first Graphite bearing zone on the Property has been discovered. The Graphite bearing zone, which is traceable at surface extends a minimum of 55 metres, has a mean true width of 4-5 metres and is trending NE. Graphite occurs as flake crystals. Rock Samples have been sent to AGAT Labs for assays. Results of the assays from prospecting and other fieldwork will be released when received and interpreted by the company.
Berkwood intends to follow Phase 1 with a Phase 2 work program, consisting of an Electromagnetic Survey and field prospecting of anomalies, stripping, trenching and sampling. The objective of Phases 1 and 2 is to generate targets for drill testing in a potential Phase 3 work program, as timing and funds permit.
In July 2013 Berkwood acquired 4 additional claims (216 ha total) located to the north, and adjacent to the original Lac Guéret East Graphite property. The claims cover a reported (MRNQ, 2013_031) graphite showing discovered in 2011 during geological mapping by Géologie Québec government geologists. They describe the showing as a metre-thick, graphite paragneiss interlayered with calc-silicates and pyroxenite in a graphite-garnet paragneiss. The graphite mineralization is described as massive with elevated Cgr (Carbon as Graphite) values.