01:39:12 EDT Sat 12 Jul 2025
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Barksdale Resources Corp
Symbol BRO
Shares Issued 133,871,622
Close 2024-12-11 C$ 0.20
Market Cap C$ 26,774,324
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Barksdale intercepts sulphide at Sunnyside

2024-12-12 16:01 ET - News Release

Mr. Rick Trotman reports

BARKSDALE INTERCEPTS COPPER-RICH CRD SULFIDE MINERALIZATION

Barksdale Resources Corp.'s continuing exploration drilling program at its Sunnyside project in Arizona has intercepted significant base metal sulphide mineralization at depth. Mineralization is best described by Barksdale's geologists as carbonate replacement deposit (CRD) style, and the mineralogy of the sulphide assemblage includes copper-rich phases, a possible indication of proximity to a porphyry source.

Rick Trotman, president and chief executive officer of Barksdale, comments: "We are thrilled that the top of the Paleozoic carbonate section is highly altered and has already given us a great approximately 10-metre intersection of copper-dominant semi-massive sulphides. We are confident in our geologic model and are continuing the hole to depth. It is exciting to see what comes next as we get deeper into the carbonates."

Drill hole SUN24-002B, still in progress, was designed to test multiple targets, including known near-surface copper-silver mineralization as well as deep extensions of massive to semi-massive lead-zinc-silver-copper CRD mineralization found elsewhere in the district including the nearby Taylor deposit, currently being developed by Australian mining company South32.

Thus far drilling has encountered approximately 93 metres (305 feet) of intensely altered and variably mineralized Triassic-Jurassic volcaniclastic tuffs and breccias, that overlie intensely altered and mineralized carbonate rocks that are typically converted to silicified marble and calc-silicate skarn. The unconformable contact between the volcanic rocks and underlying carbonate units occurs at a down hole depth of 1,305 m (4,281 ft). Given the intensity of alteration and overprinting mineralization, the protolith carbonate stratigraphic units are difficult to ascertain because none of their original characteristics have been preserved.

Mineralization within altered volcanic and carbonate lithologies from 1,265 to 1,358 m (4,150 ft to 4,455 ft) comprised intervals of semi-massive to stockwork textured sulphide mineralization containing up to 50 per cent sulphide composed of coarse grained, chalcopyrite and galena with accessory sphalerite and chalcocite. Over a 9.75 m (32 ft) interval of semi-massive sulphides, from 1,348 to 1,358 m (4,423 to 4,455 ft), Barksdale's geologists believe that early stage calcite veins were removed leaving a dense network of open spaces that were subsequently filled by coarse-grained base metal sulphides.

As of the date of this press release, drilling is progressing at 1,370 m (4,492 ft). Barksdale's geologic model projects additional targeted zones of mineralization deeper in the carbonate section.

While the company finds these visual results to be encouraging, it cautions that the significance of the observations reported here will not be known until assays are received and reviewed. Samples for assay are currently being prepared and will be delivered to ALS Global's preparatory laboratory in Tucson, Ariz., as soon as possible.

Scientific and technical information in this news release has been reviewed and approved by Alan Roberts, vice-president of exploration of the company and a qualified person as defined in National Instrument 43-101.

About Barksdale Resources Corp.

Barksdale Resources is a base metal exploration company headquartered in Vancouver, B.C., that is focused on the acquisition, exploration and advancement of highly prospective base metal projects in North America. Barksdale is currently advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper projects, both of which are in the Patagonia mining district of southern Arizona, as well as the San Javier copper-gold project in central Sonora, Mexico.

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