Barksdale Intercepts 47m of 0.75% Copper and 39m of 0.61% Copper at San Javier in Sonora, Mexico

·9 min read

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2022) - Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") 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 expand the footprint of the Cerro Verde zone with key results including 47m of 0.75% copper from 138-185m (SJ21-28) and 39m of 0.61% copper from 21-60m (SJ21-24), and 6m of 0.90% copper from 102-108m (SJ21-14).

  • Oxide gold intercepts in hole SJ21-29, including 15m grading 0.73 g/t gold and 8m grading 0.84 g/t gold, have extended the gold bearing portion at Cerro Verde by approximately 60m to the south.

Rick Trotman, President and CEO of Barksdale commented, "The drill results continue to demonstrate that the Cerro Verde zone has significant shallow copper mineralization. The final results from the drilling program, which are primarily step-out holes to the west and south, are expected to be released within the next few weeks, at which point we can complete our resource estimation for Cerro Verde."

Drill Hole Discussion

Holes SJ21-27, SJ21-28 and SJ21-29 were drilled on the same section (Figure 1) with the goal of providing infill definition between existing sections spaced ~100m apart. Hole SJ21-27 intersected 13.5m meters of 0.35% copper oxide mineralization between 45 to 58.5m, at which point the hole was abandoned after encountering a 4.5m void from 58.5 to 63m. Hole SJ21-28 intersected extensive enriched and primary copper mineralization immediately above and at the supergene / primary boundary. The main copper intercept contained 47m of 0.75% copper from 138 to 185m. Additionally, the upper portion of hole SJ21-28 intersected three narrow oxide gold intercepts (with little copper) which included 0.54 g/t gold from 21-24m, 0.58 g/t gold from 36-39m and 0.39 g/t gold from 45-48m. Hole SJ21-29 results include four oxide gold intercepts including: 15m of 0.73 g/t gold between 21-36m, 9m of 0.41 g/t gold from 39-48m, 9m of 0.84 g/t gold from 51-60m and 3m of 0.58 g/t from 66-69m. These gold intercepts represent the projected southern extension of gold encountered in SJ21-05 (see the press release dated October 25, 2021).

Hole SJ21-24 and SJ21-25 were drilled on the same section (Figure 2) with the goal of infilling a 125m gap in historic drill data (SJ21-24) as well as to extend copper mineralization to the east (SJ21-25) in an area where steep topography did not allow for road construction. SJ21-24 intersected 39m grading 0.61% copper from 21-60m comprised of multiple zones of both oxide and sulfide mineralization. SJ21-25 was drilling shallowly to the east and was successful in extending mineralization by approximately 40m. Intercepts included 27m of 0.26% oxide copper from 24-51m, 12m of oxide copper from 78-90m, 33m of 0.28% mixed oxide/sulfide copper from 138-171m and 12m of 0.52% primary copper from 183 to the end of the hole.



Figure 1. Drill section highlighting copper and gold assay results from SJ21-27, SJ21-28, and SJ21-29. True widths are approximately 90-100% of drill intercepts.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8531/110743_c1f4d13204a8cb1c_002full.jpg



Figure 2. Drill section highlighting copper and gold assay results from SJ21-24 and SJ21-25. True widths are approximately 40-70% of drill intercepts.

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/8531/110743_c1f4d13204a8cb1c_003full.jpg



Figure 3. Plan view of the Cerro Verde zone showing the historic mineralization footprint, the extent of mapped oxidation at surface, and recently completed drilling by Barksdale. Mineralization remains open to the south, southeast, southwest, and northeast.

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/8531/110743_c1f4d13204a8cb1c_004full.jpg

Table 1. Significant Drill Hole Results (Copper above 0.20% and/or Gold above 0.20 g/t). True widths vary between 40-100% and average 80%.

From

To

Interval

Cu

Au

Type of

Hole

(m)

(m)

(m)

(%)

(g/t)

Mineralization

SJ21-14

102

108

6

0.90

Oxide

SJ21-23

12

30

18

0.38

Oxide/Primary

Including

12

21

9

0.36

Oxide

21

30

9

0.39

Primary

SJ21-24

21

60

39

0.61

Oxide/Primary

Including

21

27

6

0.61

Oxide

27

36

9

0.84

Primary

36

39

3

1.26

Oxide

39

60

21

0.42

Primary

and

69

72

3

0.68

Primary

78

81

3

0.20

Primary

108

111

3

0.26

Primary

SJ21-25

24

51

27

0.26

Oxide

Including

24

27

3

0.46

0.30

Oxide

33

36

3

0.23

0.25

Oxide

45

51

6

0.30

0.28

Oxide

54

60

6

0.06

0.83

Oxide

and

72

75

3

0.22

Oxide

78

90

12

0.48

Oxide

129

132

3

0.22

Oxide

138

171

33

0.28

Oxide / Primary

Including

138

147

9

0.43

Oxide

147

162

15

0.22

Primary

162

171

9

0.25

Oxide

183

195

12

0.52

Primary

SJ21-26

15

21

6

0.29

Oxide

27

30

3

0.15

0.39

Oxide

90

117

27

0.33

Oxide / Primary

Including

90

99

9

0.45

Oxide

99

117

18

0.28

Primary

105

108

3

0.34

0.50

Primary

SJ21-27

15

18

3

0.02

0.80

Oxide

45

58.5

13.5

0.35

Oxide

58.5

63

4.5

Void / No Sample

SJ21-28

21

24

3

0.03

0.54

Oxide

36

39

3

0.00

0.58

Oxide

45

48

3

0.03

0.34

Oxide

138

185

47

0.75

Enriched / Primary

including

138

150

12

1.00

Enriched

150

162

12

0.36

Primary

162

180

18

0.95

Enriched

180

185

5

0.41

Primary

SJ21-29

21

36

15

0.07

0.73

Oxide

39

48

9

0.02

0.41

Oxide

51

60

9

0.02

0.84

Oxide

66

69

3

0.01

0.58

Oxide

Quality Assurance and Quality Control

Drilling was completed using HQ size diamond drill core and core was logged by geologic consultants engaged by the Company. Drill holes were logged and marked for sampling prior to being sawn in half using a diamond blade saw, with one half of the sawn core being placed in a cloth sample bag, with a unique sample tag, while the second half was returned to the wooden core box for storage on site. Sample assays are being performed by Skyline Assayers & Laboratories, an accredited (ISO 9001) laboratory. Core samples are analyzed for total copper, acid soluble copper, cyanide soluble cooper, as well as well as a multi element ICP Analysis.

The analytical work has been and is subject to a QA/QC program that includes certified reference standards from OREAS North America. These standards are of similar composition to the rock types at San Javier. Several different standards are included in each batch of samples submitted to the lab. These controls are tracked to ensure the integrity of the assay data. Results are all within acceptable limits.

Table 3. Drill Hole Information

Hole

Easting

Northing

Elevation

Depth

Azimuth

Dip

Status

SJ21-01

623292

3160798

942

100

0

-90

Metallurgical Hole

SJ21-02

623138

3160631

967

100

0

-90

Metallurgical Hole

SJ21-03

623140

3160622

967

90

180

-45

Metallurgical Hole

SJ21-04

623341

3160588

1007

61

0

-90

Metallurgical Hole

SJ21-04

623341

3160588

1007

201

0

-90

Extension of Met Hole (Previously Announced)

SJ21-05

623258

3160598

1006

260

90

-72

Previously Announced

SJ21-06

623258

3160602

1019

250

45

-50

Previously Announced

SJ21-07

623432

3160791

922

200

90

-70

Previously Announced

SJ21-08

623554

3160599

829

285

270

-50

Previously Announced

SJ21-09

623462

3160563

893

150

270

-55

Previously Announced

SJ21-10

623229

3160482

960

231

45

-50

Previously Announced

SJ21-11

623440

3160641

903

176

0

-90

Previously Announced

SJ21-12

623016

3160344

869

180

90

-51

Previously Announced

SJ21-13

623332

3160401

896

120

0

-90

Previously Announced

SJ21-14

623331

3160401

896

140

270

-55

Announced in this Release

SJ21-15

623129

3160534

931

155

90

-59

Previously Announced

SJ21-16

623529

3160750

820

52.5

270

-51

Previously Announced

SJ21-17

623529

3160750

820

55

0

-55

Previously Announced

SJ21-18

623435

3160408

873

60

0

-90

Previously Announced

SJ21-19

623435

3160408

873

80

245

-55

Previously Announced

SJ21-20

623533

3160852

768

170

270

-45

Previously Announced

SJ21-21

623533

3160852

768

30

0

-45

Previously Announced

SJ21-22

623655

3160882

698

30

225

-50

Previously Announced

SJ21-23

623584

3160911

771

30

260

-55

Announced in this Release

SJ21-24

623406

3161005

849

120

90

-64

Announced in this Release

SJ21-25

623602

3161009

786

195

90

-55

Announced in this Release

SJ21-26

623195

3160750

960

120

270

-80

Announced in this Release

SJ21-27

623200

3160549

969

63

0

-90

Announced in this Release

SJ21-28

623257

3160557

1009

185

0

-90

Announced in this Release

SJ21-29

623302

3160553

996

140

0

-90

Announced in this Release

SJ21-30

623352

3160556

1003

185

0

-90

Assays Pending

SJ21-31

623311

3160435

920

147

0

-50

Assays Pending

SJ21-32

623138

3160586

951

166.5

0

-90

Assays Pending

SJ21-33

623025

3160500

846

165

270

-60

Assays Pending

SJ21-34

623017

3160600

850

130

270

-60

Assays Pending

SJ21-35

623010

3160650

849

84

270

-60

Assays Pending

SJ21-36

623200

3160000

789

95

0

-90

Assays Pending

Scientific and technical information in this news release has been reviewed and approved by Lewis Teal, Senior Consultant to the Company and a 'Qualified Person' as defined under Canadian National Instrument 43-101.

Barksdale Resources Corp. 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.

ON BEHALF OF BARKSDALE RESOURCES CORP

Rick Trotman
President, CEO and Director
Rick@barksdaleresources.com

Terri Anne Welyki
Vice President of Communications
778-238-2333
TerriAnne@barksdaleresources.com

For more information please phone 778-238-2333, email info@barksdaleresources.com or visit www.BarksdaleResources.com.

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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes "forward-looking information" under applicable securities legislation including, but not limited to, the ability of Barksdale to verify or replace historic estimates at San Javier as current resources, the proposed technical and drill program at San Javier and the timing thereof, the prospective deposits, targets and mineralization at San Javier and the anticipated receipt and timing of necessary governmental or third party approvals and permits. Such forward-looking information reflects management's current beliefs and is based on a number of estimates and assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information is neither a promise nor guarantee, and is subject to known and unknown risks and uncertainties including, but not limited to, delays in obtaining governmental or third party approvals and permits, actual results of exploration activities, unanticipated geologic formations, structures and characteristics, environmental risks, future prices of base and other metals, operating risks, accidents, labor issues, and other risks in the mining industry as well as general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets and lack of available capital. There are no assurances that the Company will obtain the necessary permits for and successfully complete the proposed technical and drill program at San Javier as currently contemplated or at all. In addition, there is uncertainty about the spread of COVID-19 and variants of concern and the impact they will have on the Company's operations, supply chains, ability to access mineral properties, conduct due diligence or procure equipment, contractors and other personnel on a timely basis or at all and economic activity in general. All forward-looking information contained in this news release is qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110743

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting