Barksdale Meets Technical Milestones for Phase II Earn-In and Updates SUN26-013R Assay Result of 65.5 Metres of 0.47% Cu and 1.24 g/t Ag, Including 7.6 Metres of 1.93% Cu and 1.96 g/t Ag
Barksdale Meets Technical Milestones for
Phase II Earn-In and Updates SUN26-013R
Assay Result of 65.5 Metres of 0.47% Cu and
1.24 g/t Ag, Including 7.6 Metres of 1.93% Cu
and 1.96 g/t Ag
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2026) - Barksdale Resources Corp. (TSXV:
BRO) (OTCQB: BRKCF) (FSE: 2NZ) ("
Barksdale
" or the "
Company
") is pleased to announce the
2026 drill program at its 51% owned Sunnyside property has exceeded the required 25,000 ft drill
requirement stipulated in the Company's joint venture agreement with Great Basin Metals ("
GBM
",
formerly Regal Resources) paving the way for the Company to increase its ownership to 67.5%.
Barksdale has now met all spend and drilling requirements as outlined in the JV Agreement and expects
to release the final C$550,000 cash and 4,900,000 share payments upon written confirmation by GBM
that all Phase II earn-in requirements have been met.
Barksdale CEO William Wulftange comments, "Achieving the Phase II drill footage requirement is a
major milestone for the company, nearly nine years in the making". Wulftange continues, "Barksdale
could not have achieved this goal without the unwavering support of shareholders, our Board of
Directors, Exploration staff and support personnel. Thank you!"
SUN26-013R Drill Results Update
The overlimit portion (>10,000 ppm) of four assays from hole SUN26-013R stated as 25 ft of 1.93% Cu
from 615 ft to 640 ft were not included in the 615ft to 870ft, 255 ft interval average grade calculations in
the July 20, 2026, press release. The updated intervals and average grade calculations are highlighted
in Table 1 below.
Table 1. Updated assay results with additional (>10,000 ppm) overlimit values included.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/306610_barksdaltable1.jpg
Alan Roberts, Barksdale's Vice President of Explorations, says, "The results from the drill hole SUN26-
013R are consistent with those that were observed in holes SUN26-001R, -002R and -003R (Press
release dated May 04, 2026). The Company's geologists, including myself, believe that these four holes
taken together likely connect a large zone of copper lode vein mineralization that is continuous over
greater than 600m of strike and continues to depths of up to 1,000m.
The working hypothesis we have is
that the Copper lode veins follow a northwest-southeast structural trend that controls their distribution,
and that they are proximally sourced from a much larger porphyry Copper-Molybdenum (Cu-Mo) mineral
deposit."
The Copper mineralization reported here is hosted in sericitic to advanced argillic-altered quartz
monzonite to monzonite porphyry. Alteration is pervasive and intense, consisting mainly of sericite and
quartz, overprinted by pyrophyllite, quartz, barite, and locally by later epithermal silicification with quartz
veins and veinlets. This alteration assemblage places the mineralized zone within the upper portion of a
porphyry-style mineral deposit.
In summary, results received to date, combined with historical data, indicate that the high-grade
hypogene copper mineralization, occurring as primary copper sulfides, is part of a porphyry copper
system with no apparent supergene enrichment zone or blanket. The results reported here further define
a broad, low-grade chalcocite zone surrounding the porphyry and suggest that the high-grade sulfide
veins represent the upper expression of deeper Cu-Mo porphyry-style mineralization.
Sampling and QAQC
Reverse circulation chip samples are placed in bar coded samples bags at the drill rig; samples
averaging 5kgs are collected from the drill site by Barksdale representatives and transported to a
locked, gated compound where they are dried prior to shipping. Dried samples are then placed in large
totes and transferred to a Skyline Assayers truck for transport to the assay laboratory in Tucson Arizona.
All samples for this drill program are being submitted for multi-element and gold analysis at Skyline
Assayers & Laboratories of Tucson, Arizona. Samples are primary crushed to >75% passing -10 mesh
(2000 microns) and then pulverized to >95% passing -150 mesh (100 microns). Gold is then analyzed by
fire assay AAS using a 30g charge. Multi-element analysis was conducted using Aqua Regia digestion
with ICP-OES analysis for 31 elements. All pulps and coarse rejects will be retained and returned to the
Company for long-term storage.
Quality assurance & Quality Control (QAQC) samples were inserted into the sample stream at a 6%
overall ratio comprising 2% certified reference materials or standards, 2% blank material, and 2% field
duplicates that are collected at the drill. Results from the QAQC program are reviewed by the Qualified
Person (QP) for the Company to assure assay result accuracy and precision prior to any data being
released to the market.
Scientific and technical information in this news release has been reviewed and approved by Alan
Roberts, Vice President of Exploration of the Company, a Certified Professional Geologist (CPG) with
the American Institute of Professional Geologist (AIPG # 11260) and is a "Qualified Person" as defined
in National Instrument 43-101.
Barksdale Resources Corp.
, a 2023 OTCQX BEST 50 Company, 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.
William Wulftange
Chief Executive Officer and Director
For more information, please phone 604-398-5385, 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 STATEMENTS: This news release
contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-
looking statements") within the meaning of applicable securities legislation. Forward-looking statements
are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends",
"estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or
results "will", "may", "could", or" should" occur or be achieved. All statements, other than statements of
historical fact, included herein, without limitation, statements relating to the ongoing drilling program,
results therefrom and impact thereof, the potential of the Sunnyside Project, the satisfaction of Phase II
earn-in requirements under the joint venture agreement with Great Basin Metals ("
GBM
"), the anticipated
release of the escrowed cash payment of C$550,000 and 4,900,000 shares, and the anticipated
increase in the Company's ownership interest in the Sunnyside property to 67.5%, are forward-looking
statements. There can be no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such statements. Forward-looking
statements reflect the beliefs, opinions and projections on the date the statements are made and are
based upon a number of assumptions and estimates that, while considered reasonable by Barksdale,
are inherently subject to significant business, economic, competitive, political and social uncertainties
and contingencies. Many factors, both known and unknown, could cause actual results, performance or
achievements to be materially different from the results, performance or achievements that are or may be
expressed or implied by such forward-looking statements and the Company has made assumptions and
estimates based on or related to many of these factors. Such factors include, without limitation, general
business, economic, competitive, political and social uncertainties, uncertain and volatile equity and
capital markets, lack of available capital, actual results of exploration activities, environmental risks,
future prices of base metals, operating risks, accidents, labor issues, delays in obtaining governmental
approvals and permits, the risk that GBM may not provide written confirmation that all Phase II earn-in
requirements under the joint venture agreement have been satisfied, or may dispute satisfaction of such
requirements, such that the escrowed cash and share payments are not released and/or the anticipated
increase in the Company's ownership interest does not occur as anticipated or at all, and other risks in
the mining industry. All forward-looking statements contained in this news release are qualified by these
cautionary statements and those in the Company's continuous disclosure filings available on SEDAR+ at
www.sedarplus.ca
. Readers should not place undue reliance on the forward-looking statements
contained in this news release concerning these items. Barksdale does not assume any obligation to
update the forward-looking statements of beliefs, opinions, projections, or other factors, should they
change, except as required by applicable securities laws.
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https://www.newsfilecorp.com/release/306610