Barksdale Intercepts 48m of 0.54% Copper and 36m of 1.11 g/t Gold at San Javier in Sonora, Mexico
Barksdale Intercepts 48m of 0.54% Copper and
36m of 1.11 g/t Gold at San Javier in Sonora,
Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) - Barksdale Resources Corp. (TSXV:
BRO) (OTCQX: BRKCF) ("
Barksdale
" or the "
Company
") 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 Cerro Verde zone. Key results include
48 meters of 0.54% copper
from 90-135
meters (SJ21-31) and
15 meters of 0.35% copper
from 45-60 meters (SJ21-35).
Additionally, hole SJ21-31 intercepted a thick interval of oxide gold mineralization
36 meters
grading 1.11 g/t gold
from 27-63 meters depth,
including 15 meters grading 1.71 g/t
gold from
30-45 meters depth. These results have extended the gold bearing portion at Cerro Verde by
approximately 70 meters to the south.
Rick Trotman, President and CEO of Barksdale commented: "The additional holes from the Phase I
drilling program continue to yield impressive copper and gold intercepts.
The step out hole on the
western flank of Cerro Verde has extended mineralization to the west and the SJ21-36 confirms that the
copper zone extends to the south. Additionally, the oxide gold zone was extended to the south by SJ21-
31, which encountered a very encouraging oxide gold intercept.
Delivering these results in this copper
and gold environment is very exciting and we look forward to continuing to push this asset forward."
Drill Hole Discussion
Hole SJ21-31 (Figure 1) was designed to test the extension of high-grade gold and/or copper
mineralization encountered in hole SJ21-04 and SJ21-29 (
see the press release dated October 25,
2021
).
The drill hole successfully intercepted a shallow oxide gold interval consisting of 36 meters
grading 1.11 g/t gold, beginning at 27 meters.
This extends the gold zone by approximately 70 meters to
the south.
Hole SJ21-31 also intercepted a thick copper oxide interval containing 0.54% copper over 48
meters from 90 meters depth.
The hole ended in sulfide mineralization grading 0.54% copper over the
final 3-meters of the hole from 144 meters depth.
After reviewing the data, the Company has determined
that hole SJ21-29, which is on the same section as SJ21-31, was likely ended too soon and should have
been extended another 50-75 meters to intercept the copper zone.
This hole is a prime candidate for
extension during subsequent drilling programs.
Hole SJ21-35 (Figure 2) was designed to test the western extension of copper mineralization at Cerro
Verde.
The drill hole intersected multiple intervals that successfully extended mineralization to the west
by approximately 50 meters, including: 15 meters grading 0.35% copper, 12 meters grading 0.22%
copper, and 6 meters grading 0.24% copper.
Further extensions of the deposit at Cerro Verde to the
west will require construction of additional drill road access. This is currently being requested via an
amendment to the current exploration permit.
Hole SJ21-36 was designed to test the potential for copper mineralization south of the Cerro Verde
zone.
The hole was collared approximately 75 meters south of the known copper oxide footprint and
encountered a broad interval of lower grade copper oxide mineralization (0.11% copper over the first 42
meters).
This included 3 meters of 0.24% copper from surface.
Additional drilling to the south and
southwest will likely be completed once permit amendments have been received.
Figure 1. Drill section highlighting copper and gold assay results from SJ21-31. True widths are
approximately 70% of drill intercepts.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8531/116221_587cf848a43f08e5_002full.jpg
Figure 2. Drill section highlighting copper assay results from SJ21-35. Note that SJ21-02 was a
metallurgical PQ-sized hole that is being preserved for future metallurgical and geotechnical
studies - only one 11m interval was sampled/assayed as part of the ongoing column leach
metallurgical testing program. True widths are approximately 70% of drill intercepts.
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/8531/116221_587cf848a43f08e5_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/8531/116221_587cf848a43f08e5_004full.jpg
Table 1. Significant Drill Hole Results (Copper above 0.20% and/or Gold above 0.20 g/t). True
widths vary between 70-90%.
From
To
Interval
Cu
Au
Type of
Hole
(m)
(m)
(m)
(%)
(g/t)
Mineralization
SJ21-31
12
18
6
0.06%
0.28
Oxide
27
63
36
0.05%
1.11
Oxide
including
27
42
15
0.03%
1.71
Oxide
and
54
57
3
0.06%
1.89
Oxide
90
138
48
0.54%
Oxide / Enriched
including
132
138
6
1.35%
Enriched
144
147
3
0.54%
Sulfide
SJ21-35
9
15
6
0.24%
Mixed
27
39
12
0.22%
Mixed
45
60
15
0.35%
Mixed
SJ21-36
0
3
3
0.24%
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 2. 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
Previously Announced
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
Previously Announced
SJ21-24
623406
3161005
849
120
90
-64
Previously Announced
SJ21-25
623602
3161009
786
195
90
-55
Previously Announced
SJ21-26
623195
3160750
960
120
270
-80
Previously Announced
SJ21-27
623200
3160549
969
63
0
-90
Previously Announced
SJ21-28
623257
3160557
1009
185
0
-90
Previously Announced
SJ21-29
623302
3160553
996
140
0
-90
Previously Announced
SJ21-30
623352
3160556
1003
185
0
-90
Assays Pending
SJ21-31
623311
3160435
920
147
0
-50
Announced in This Release
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
Announced in This Release
SJ21-36
623200
3160000
789
95
0
-90
Announced in This Release
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 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/116221