Barksdale Resources Corp. Intersects High- Grade Sulfide "Exhaust" from a Larger "Engine"
Barksdale Resources Corp. Intersects High-
Grade Sulfide "Exhaust" from a Larger
"Engine"
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2025) - Barksdale Resources Corp. (TSXV:
BRO) (OTCQX: BRKCF) (FSE: 2NZ) ("
Barksdale
" or the "
Company
") is pleased to announce that
assay results confirm high-grade polymetallic sulfide mineralization in drill hole SUN24-002B, as
introduced in Barksdale's news release dated
December 12, 2024
. The results show impressive grades
of up to 3.1% copper, 842 g/t silver, 5.5% zinc, and 7.6% lead, in a series of stacked sulfide-rich
horizons.
Polymetallic sulfide mineralization and pervasive siderite alteration spans a broad zone of approximately
100 metres, from a depth of 1270.8m to 1371.4m (100.6m) where the hole was lost (see news release
of
December 12, 2024
, and below). The high-grade horizons vary in width from less than 1 metre to over
10 metres, showcasing the potential for significant mineralization at the Sunnyside Project (see Table 1:
SUN24-002B significant intercepts). Chalcopyrite, galena, and sphalerite are the major components of
the semi-massive sulfides, with notable amounts of silver and bismuth also present.
"The high-grade polymetallic mineralization and pervasive alteration looks like the exhaust stream from
the kind of major, very long-lived carbonate replacement deposit (CRD) system we know sits next door
and probably right below where the hole was lost," said Dr. Peter Megaw, Exploration Advisor to
Barksdale. "The broad, repeatedly activated structure channeled astonishing amounts of mineralizing
fluids and should be followed a little deeper into what we know to be the most favourable carbonate
sequence in Arizona."
Table 1: SUN24-002B significant intercepts
From
To
Interval
Ag
Cu
Pb
Zn
Fe
Mn
ft
m
ft
m
ft
m
ppm
%
%
%
%
%
4169.3
1270.8
4177.8
1273.4
8.5
2.6
15
0.11
1.2
2.1
7.7
1.0
incl
4171
1271.3
4173
1271.9
2.0
0.6
28
0.24
3.0
4.0
11.7
0.7
4224
1287.5
4499.2
1371.4
275.2
83.9
31
0.09
0.4
0.4
8.9
3.6
incl
4224
1287.5
4251
1295.6
26.8
8.2
29
0.02
0.4
0.9
12.6
5.4
4224
1287.5
4230
1289.3
6.0
1.8
28
0.4
2.0
16.4
7.9
4227
1288.4
4233
1290.2
6.0
1.8
23
0.4
1.7
18.7
11.8
4242
1293.0
4247
1294.5
5.0
1.5
75
1.0
0.3
8.7
2.8
4247
1294.5
4251
1295.6
3.8
1.2
99
1.5
17.9
7.6
4264
1299.7
4270.3
1301.6
6.3
1.9
3
0.2
29.5
10.5
4421.9
1347.8
4456.5
1358.3
34.6
10.5
253
0.80
2.7
1.6
15.9
6.9
4421.9
1347.8
4428.3
1349.7
6.4
2.0
707
2.71
7.5
1.1
9.0
6.1
4421.9
1347.8
4425.1
1348.8
3.2
1.0
571
3.07
6.7
1.8
11.9
4.3
4440.3
1353.4
4447.9
1355.7
7.6
2.3
6
0.1
0.9
27.6
12.6
4447.9
1355.7
4450.1
1356.4
2.2
0.7
568
2.88
7.6
5.5
13.7
4.7
Note: the blank areas on this table do not represent assays deemed insignificant in terms of grade.
Depths reported are downhole drill depths and not true widths. Drill hole ended at 1,373m (4,507ft).
Photo 1. Chalcopyrite (copper sulfide) and galena (lead sulfide) in a carbonate breccia.
Drill
core is HQ-sized (2.5 inches in diameter) and the shown interval is from 4422 foot depth.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/237989_45b4d5ec64291a42_002full.jpg
Drill hole SUN24-002B was lost at a depth of 1,374m (4,507ft) when the rods became stuck, and the
hole had to be abandoned. Just before becoming stuck, it cut greater than 80m of pervasive
manganiferous siderite (iron-manganese carbonate), both above and below the Jurassic-Triassic and
Paleozoic carbonate contact, coincident with a major, repeatedly activated northwest trending fault. This
siderite alteration is cut by the multi-stage high-grade sulfides, suggesting that the alteration and
mineralization mark "exhaust" that followed the fault away from the underlying source of the hydrothermal
system. Barksdale geologists believe that that source is a major mineral deposit, the "engine" that
produced that exhaust. Had the drill hole continued to the target depth of 5,000ft, or more, Barksdale is
confident that the hole would have gotten closer to that target mineral deposit in the most favourable
Paleozoic rock section known in Arizona.
"The size and scale of the alteration and mineralization indicates a very large hydrothermal system
operating at depth and simply put, SUN24-002B was lost short of that target and Barksdale is committed
to continuing exploration to reach it," commented Alan Roberts, Vice President of Exploration. "The
Sunnyside Project exploration results demonstrate that the potential is real for a major deposit discovery
and we are bullish on its continuing success".
Photo 2. Chalcopyrite-galena mineralization within a carbonate breccia from 4,449ft depth
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/237989_45b4d5ec64291a42_003full.jpg
Figure 1: Plan view - Sunnyside Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/237989_45b4d5ec64291a42_004full.jpg
Figure 2: North-south section across the plain of current drilling - Cu-Ag
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/237989_45b4d5ec64291a42_005full.jpg
Figure 3: North-south section across the plain of current drilling - Pb-Zn
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8531/237989_45b4d5ec64291a42_006full.jpg
Scientific and technical information in this news release has been reviewed and approved by Alan
Roberts, Vice President of Exploration of the Company and 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.
Rick Trotman
President, CEO and Director
Terri Anne Welyki
Vice President of Communications
778-238-2333
For more information please phone 778-558-7145, 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 diamond core drilling program, results therefrom and impact thereof, and the potential of the
Sunnyside Project 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, and other risks in the mining industry. All forward-looking statements
contained in this news release is 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/237989