1. The proximity of the Sunnyside and Four Metals projects to Arizona Mining’s Taylor -Hermosa deposit is not necessarily indicative of mineralization within Sunnyside or Four Metals. Sunnyside 2018 Exploration Program Underway
1. The proximity of the Sunnyside and Four Metals projects to Arizona Mining’s Taylor -Hermosa deposit is not necessarily indicative of
mineralization within Sunnyside or Four Metals.
Sunnyside 2018 Exploration Program Underway
July 10, 2018 – Vancouver, B.C. – Barksdale Capital Corp. (TSX -V: BRO) (OTCQB: BRKCF)
(“Barksdale” or the “ Company”) is pleased to announce the start of its 2018 exploration program at its
Sunnyside and Four Metals projects, located in Santa Cruz County, Arizona. Barksdale has options to earn
up to 100% of the Four Metals property and 67.5% at Sunnyside. The Sunnyside claim block occurs
immediately adjacent to Arizona Mining Inc.’s (TSX: AZ) (“AZ” or “Arizona Mining”) Taylor-Hermosa
project, which has recently (July 2018) received a formal acquisition offer from South32 Inc. (ASX: S32),
consisting of a cash bid of approximately C$2.1 billion1.
Rick Trotman, President and CEO of Barksdale commented: “The Taylor zinc-lead-silver-copper deposit
is a world-class discovery and the C$2.1 billion offer by South32 is not only a validation of the Taylor
discovery, but speaks to the greater district-scale potential that the Barksdale team identified as an
opportunity last year which led to the option agreement at Sunnyside. From historical drilling completed
on the property by ASARCO in the 1970’s,
Barksdale believes that the mineralizing
system at Sunnysi de is the source of the
Taylor deposit . Our exploration team is
currently in the field working to identify
subtle surface expression s of bur ied
mineralization that can be used as a targeting
tool for our future drilling programs”
The 2018 exploration objectives at
Sunnyside are threefold: 1) further define
extensions of the Taylor zinc -lead-silver-
copper discovery on Barksdale ground , 2)
continue exploration activities across the
entire Sunnyside and Four Metals claim
blocks with the purpose of building a
prioritized inventory of all porphyry copper,
breccia pipe, skarn, vein and manto targets,
and 3) continue to advance strategic
property acquisitions opportunities within
the greater district.
Building an inventory of drill tar gets will
require Barksdale’s exploration team, under
the mentorship of Dr. Peter Megaw, to
complete systematic geologic mapping over the entire property, relog all existing core holes from the
historic ASARCO drilling programs, and undertake geophysical surveys, including audio magetonotellurics
(“AMT”). The goal of these integrated activities is to build a 3-D geology model with the purpose of
defining the subsurface geometries of the ore fluid pathways that may indicate potential extensions of
known mineralization and new discoveries at depth. Additional geophysical surveys options are currently
being reviewed and will largely depend on results from characterization samples that are being analyzed by
our geophysical consultants.
The 2018 field program will generate additional data needed to build and refine drill targets across the
Sunnyside and Four Metals properties. As the results from these programs become available, Barksdale
investors will be updated regularly by way of new s release s as well as on the corporate website:
www.BARKSDALECAPITAL.com.
Lewis Teal, Barksdale’s project manager and a “qualified person” as defined by NI 43 -101, Standards of
Disclosure for Mineral Proje cts is responsible for approving the scientific and technical information
regarding Four Metals contained in this news release.
ABOUT BARKSDALE CAPITAL CORP. – Barksdale Capital Corp. is focused on the acquisition and
exploration of highly prospective precious and base metal projects in the United States.
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.
On behalf of the Board of Directors of Barksdale Capital Corp.,
“Rick Trotman”
Rick Trotman
President and Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Rick Trotman, President and Chief Executive Officer
Tel: 720-447-7705
Email: [email protected]
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news release
includes certain “forward -looking information” under applicable Canadian securities legislation
including, but not limited to, the Company’s exploration plans for Sunnyside and Four Metals and that the
mineralizing system at Sunnyside is the source of the Taylor deposit. In addition, the proximity of Four
Metals and the Company’s Sunnyside property to Arizona Mining’s Taylor deposit is not necessarily
indicative of the mineralization within Four Metals or Sunnyside. Forward-looking information is
necessarily based upon several estimates and assumptions 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 express ed or implied by such forward -looking
information. 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.