Mr. Rick Trotman reports
BARKSDALE INITIATES PHASE II DRILL PROGRAM
Barksdale Resources Corp. has begun a phase 2 drilling program at its Sunnyside project in Arizona. Alford Drilling has started drilling a series of reverse circulation precollars ahead of the arrival of a diamond drill that will complete the holes to their ultimate target depths. The company will provide an additional update next week regarding the progress related to the first precollar hole.
Rick Trotman, president and chief executive officer of Barksdale, said: "We are very excited to kick off the second phase of exploration drilling at Sunnyside. The new program will seek to find the extensions of the high-grade, deep, carbonate-hosted mineralization. Utilizing a reverse circulation rig to complete the initial precollars should allow us to significantly cut down on the amount of time necessary to hit the target carbonate host rocks and could also aid in cutting down on the cost of completing the overall program. We look forward to providing regular updates going forward on the overall progress of the drilling campaign."
Additionally, the company has completed the first-year obligations related to the Sunnyside option agreement dated Aug. 10, 2017. Pursuant to the agreement, Barksdale has made a cash payment of $717,071 and released 3.85 million escrowed common shares of the company to Regal Resources, a non-public reporting issuer. Additionally, the company's obligation to complete $3-million of work expenditures on the project has been met.
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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