Barksdale Intercepts 47m of 0.75% Copper and 39m of 0.61% Copper at San Javier in Sonora, Mexico
Barksdale Intercepts 47m of 0.75% Copper and
39m of 0.61% Copper at San Javier in Sonora,
Mexico
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
Hole
Easting
Northing
Elevation
Depth
Azimuth
Dip
Status
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
Terri Anne Welyki
Vice President of Communications
778-238-2333
For more information please phone 778-238-2333, email
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