viewBerkwood Resources Ltd

Berkwood Resources planning drone survey over Cobalt Ford property

At Cobalt Ford, Berkwood has already carried out a preliminary review of historic exploration, it said

The firm is planning a drone survey

Berkwood Resources Ltd (CVE:BKR) told investors it was designing an exploration program for its Cobalt Ford property in Quebec.

It comes after last month, the group unveiled more positive drill results from the Lac Gueret South project, where it hit one intercept more than 107 meters thick.

At Cobalt Ford, which lies 180km northwest of Baie Comeau,  Berkwood has already carried out a preliminary review of historic exploration and is now mulling  a detailed unmanned aerial vehicle magnetometer survey (UAV-MAG) offered by Pioneer Aerial Surveys Ltd.

This is expected to offer high-quality data for less cost than conventional magnetics, the company said.

The 2,176-hectare Cobalt ford property was historically explored for base metals targeting mafic and ultramafic rocks.

A drill program was carried out in 2006 by Quinto Technology Inc, which focused on the western half and identified sulphide mineralization as disseminated and stringer occurrences.

The highest values reported by Quinto were 4.64% nickel, 2.37% copper, 0.12% cobalt, 19 parts per billion (ppb) platinum, 110 ppb palladium and 168 ppb gold, over an undisclosed interval.

"Two thousand seventeen was an exceptional year for Berkwood and its shareholders," said Tom Yingling, Berkwood's president and chief executive, who went on to refer to its Lac Gueret project.

"Having hit graphite in each of the 18 holes drilled on our zone 1 graphite body is very exciting and we plan on continuing to drill on the zone 1 graphite body to determine tonnage and the geometry of the deposit.

"I am excited to get started working on our Cobalt Ford property as well.

"As we explore for advanced technology minerals like cobalt, graphite, lithium and vanadium, it is indeed elegant that we will be employing new drone technology that is entirely enabled by new high-tech batteries that themselves are enabled by the minerals we seek."

Berkwood Resources shares dropped 7% in Toronto at C$0.32 each.

Quick facts: Berkwood Resources Ltd

Price: 0.02 CAD

Market: TSX-V
Market Cap: $1.4 m

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