VANCOUVER, British Columbia,
Feb. 14, 2012 /PRNewswire/
-- Berkwood Resources Ltd. (TSX-V SYMBOL: BKR) ("Berkwood") is
pleased to provide an update on its 100% owned Cimandiri Gold
Project in West Java, Indonesia,
with new developments on the previously reported soil sampling
program.
Soil sampling continues on the Cimandiri Property, utilising two
sampling teams. Recent ridge and spur soil sampling in the
Lubang Prospect area has returned anomalous gold in soil
values and has expanded the previously reported Lubang Prospect
area. This is in addition to grab sampling in the area that
returned a result of 5.4g/t (see news release dated January 31st
2012).
The Indonesian exploration team, headed by senior geologist
Andri Subandrio, has devised and is now commencing the next phase
of the soil-sampling program, which will focus specifically in the
Lubang Prospect area. A grid system has been developed,
which consists of 7 soil lines at 50m spacing and 10 soils per
line, at 25m spacing for a total coverage area of 6.75 Ha. The area
of concentration is located in the central region of the Lubang
Prospect, centered between the Cipetir Prospect and
Cisaru Prospect (see map on website). The current phase of
soil grid sampling is expected to be completed in the next 30 days
and results will be released when received by the company.
Johannes Erasmus, associate geologist of Micromine Pty Ltd, a
Qualified Person as defined by National Instrument 43-101, reviewed
and approved the content of this News Release.
About Berkwood Resources
Berkwood now holds a 100% interest in the Prospect Valley
Gold Property near Merritt,
BC. To date, several areas of gold mineralization
have been identified on the 107 km2 property. The majority of
historic drilling has taken place in the centre of the claim block
along a prominent north-northeast trending linear zone. This
drilling outlined NI43-101 compliant Mineral Resources totaling
166,000 ounces grading 0.511 g/t gold, 10,077,000
metric tonnes above a cut-off of 0.30g/t gold (see news
release dated January 25th 2012) at the combined Discovery
South and Discovery North Zones. The zones remain open for
expansion and other known zones of gold mineralization have yet to
be drilled.
Berkwood has a 100% interest in the Cimandiri Gold Property
in Indonesia, located 120km
south of Jakarta, approximately 3
hours driving time. Railway lines are nearby, with the
closest rail station located only 8km from the property. The
project is located 9km southwest of the Cikondang Gold mine.
Berkwood has carried out initial mapping and geochemical sampling
during the first phase of exploration and will continue to report
material results as they are received.
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For additional information please contact:
Karim Sayani, Corporate
Communications
Tel: (604) 662-7455 E-mail: karim@berkwoodresources.com
Tom Steer, Media Relations
Manager
Tel: (604) 681-5556 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 limitations,
competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the
interest rate environment, 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. 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.