Barksdale Resources Corp. is pleased to report positive results from its first phase of metallurgical test work on copper mineralization at the San Javier copper-gold project located in Sonora, Mexico. A comprehensive testing program was completed in eight column tests utilizing material sourced from four large-diameter diamond core holes that were drilled by Barksdale in August and early September of 2022. The objective [...]
Barksdale Resources Corp. is pleased to announce that it has engaged Independent Mining Consultants Inc. to prepare a resource estimate and NI 43-101 Technical Report for the Cerro Verde copper zone on the San Javier project in Sonora, Mexico. IMC is an independent and internationally recognized mining consulting firm, based in Tucson, Arizona, that specializes in mineral deposit modeling, resource and reserve estimation [...]
Barksdale Resources Corp. is pleased to announce additional assay results from its Phase I, 5,000-meter drilling program at the Cerro Verde zone on the San Javier project in Sonora, Mexico. The latest results from San Javier have expanded the footprint of the Cerro Verde copper zone to the west. Drilling Highlights: Drilling results received from holes SJ21-30, SJ21-32, SJ21-33 and SJ21-34 continue to confirm and expand [...]
Barksdale Resources Corp. announces that it has made an aggregate US$25,000 cash payment and issued 67,736 common shares to Minquest Ltd and Allegiant Gold Corp at a deemed price of C$0.465 per share. This payment confirms Barksdale's intention to continue with its existing option agreement on the 760-acre Four Metals project, located 3km south of the Company's flagship Sunnyside project and 2km west of the 100% owned San [...]
Barksdale Resources Corp. is pleased to announce that the United States Forest Service has approved Barksdale's proposed drill program at the 100% owned San Antonio copper project in Santa Cruz County, Arizona. This is the first drill approval received by Barksdale on USFS administered mining claims in the Patagonia district, where the Company controls a significant mineral tenure across six properties. Highlights [...]
Barksdale Resources Corp. is pleased to announce additional assay results from its Phase I, 5,000-meter drilling program at the Cerro Verde zone on the San Javier project in Sonora, Mexico. These latest results have expanded the footprint of the Cerro Verde copper zone to the south and west. Drilling Highlights: Drilling results received from holes SJ21-31 and SJ21-35 continue to confirm and expand the footprint of the [...]
Barksdale Resources Corp. is pleased to announce additional assay results from its Phase I, 5,000-meter drilling program at the Cerro Verde zone on the San Javier project in Sonora, Mexico. These latest results have expanded the footprint of the Cerro Verde copper zone to the south and west. Drilling Highlights: Drilling results received from holes SJ21-31 and SJ21-35 continue to confirm and expand the footprint of the [...]
Barksdale Resources Corp. is pleased to announce that Regal Resources Inc. has made a cash payment to Barksdale to fully repay its financial obligations. In May 2021, Barksdale acquired two secured Regal loans from an arm's length third party for a purchase price of $1,725,000 , which consisted of $1,000,000 cash and 1,345,310 common shares of Barksdale valued at $0.54/share. The loans accrued interest at 12% per annum [...]
Barksdale Resources Corp. is pleased to announce that it has closed the previously announced non-brokered private placement of $1,750,000 secured convertible debentures arranged through Delbrook Capital Advisors Inc., an existing securityholder of the Company. The Debentures bear interest at 10% per annum and are secured by a general security agreement over all of the present and after-acquired personal property of the [...]
Barksdale Resources Corp. is pleased to announce assay results from 8 additional drill holes from its Phase I, 5,000-meter drilling program at the Cerro Verde zone, San Javier project Sonora. These latest results continue to confirm continuity of drilled mineralization, as well as expansion of the mineralization footprint, including both oxide and sulfide copper. Drilling Highlights: Drilling has continued to confirm and [...]
Barksdale Resources Corp. is pleased to announce a non-brokered private placement of $1,750,000 secured convertible debentures arranged through Delbrook Capital Advisors Inc. , an existing shareholder of the Company. Matthew Zabloski, the Managing Director of Delbrook commented: "Delbrook has been a shareholder of Barksdale since 2017 and subsequently increased its equity position in the Company in 2020. We are excited to [...]
Barksdale Resources Corp. is pleased to announce completion of the Phase I, 5,000-meter drilling program at the Cerro Verde zone, San Javier project Sonora, Mexico as well as the latest assay results from 16 additional drill holes. Importantly, all 36 drill holes from the current program have intersected various concentrations of visually apparent copper mineralization and each of the 16 drill holes discussed in this [...]