Barksdale Resources Corp. announces that it has agreed to issue up to C$3 million in secured convertible debentures to investment funds managed by Delbrook Capital Advisors Inc. . Barksdale plans to use the first tranche to complete the remaining 3,300 feet of drilling on the Sunnyside Project in Southern Arizona and to make the C$1.0 million payment to Regal Resources USA, Inc. to complete the remaining earn-in [...]
Barksdale Resources Corp. announces that further to its news release dated January 13 and February 4, 2025, the Company has now received TSX Venture Exchange acceptance in connection with the extension of the maturity date by one year until December 31, 2025 and the reduction of the conversion price to $0.12 per common share of the Company of the secured convertible debentures held by Delbrook Resource Opportunities Fund [...]
Barksdale Resources Corp. announces that Rick Trotman, effective February 5, 2025, has resigned from his position as President and Chief Executive Officer of the Company. William Wulftange, who currently serves as a member of the Company's board of directors , has been appointed Chief Executive Officer of the Company and will assume, on an interim basis, all related duties. William has served the Company in his role as [...]
Barksdale Resources Corp. announces that Rick Trotman, effective February 5, 2025, has resigned from his position as President and Chief Executive Officer of the Company. William Wulftange, who currently serves as a member of the Company's board of directors , has been appointed Chief Executive Officer of the Company and will assume, on an interim basis, all related duties. William has served the Company in his role as [...]
Barksdale Resources Corp. announces, further to its news release of January 13, 2025, that it and lender Delbrook Capital Advisors Inc. have agreed to amended terms in connection with the extension of the maturity date and a reduction of the conversion price of the aggregate $1,500,000 principal amount of the secured convertible debentures held by Delbrook that were originally issued on January 25, 2022. In connection [...]
Barksdale Resources Corp. 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 [...]
Barksdale Resources Corp. announces that it is seeking TSX Venture Exchange acceptance for an extension of the maturity date and a reduction of the conversion price of the aggregate $1,500,000 principal amount of the secured convertible debentures held by Delbrook Capital Advisors Inc. that were originally issued on January 25, 2022. Barksdale is also seeking TSXV acceptance to issue an aggregate of 8,000,000 detachable [...]
Barksdale Resources Corp. is pleased to announce that its ongoing exploration drilling program at its Sunnyside project in Arizona has intercepted significant base metal sulfide mineralization at depth. Mineralization is best described by Barksdale's geologists as carbonate replacement deposit style, and the mineralogy of the sulfide assemblage includes copper-rich phases, a possible indication of proximity to a porphyry [...]
Barksdale Resources Corp. is pleased to announce that it has received initial assay results from its ongoing diamond core drilling program at its Sunnyside project in Arizona, indicating both high grade copper-silver and lead-zinc-silver veins as well as broad zones of hypogene chalcocite mineralization. Drill hole SUN24-002 currently underway was designed to target deep, massive to semi-massive, carbonate replacement [...]
Barksdale Resources Corp. announces that that it has entered into a debt settlement agreement to settle an aggregate of CA$41,367 in bona fide debt owing to an arm's-length creditor of the Company by issuing 258,543 common shares in the capital of the Company at a deemed price of CA$0.16 per Debt Settlement Share. The Company has entered into the underlying property agreement to secure a suitable location as close to the [...]
Barksdale Resources Corp. is pleased to announce that it has begun its Phase II drilling program at its Sunnyside project in Arizona. Alford Drilling has started drilling a series of reverse circulation pre-collars ahead of the arrival of a diamond drill that will complete the holes to their ultimate target depths. The Company will provide an additional update next week regarding the progress related to the first [...]
Barksdale Resources Corp. is pleased to announce it has selected two drilling contractors to conduct the upcoming exploration drilling program at the Sunnyside project in Arizona. The drills are expected to mobilize in early- to mid-September 2024. Barksdale's initial strategy for the upcoming program will utilize a reverse-circulation drill to complete an initial hole, which will then be cased with protective steel [...]