Barksdale Resources Corp. is pleased to announce the appointment of Dr. Quinton Hennigh to its Board of Directors. Dr. Hennigh commented: "I am delighted to join the board of Barksdale. The large potential of the Sunnyside Project is one of the most compelling exploration stories I have seen in my career. A $2B mine is under construction at the Taylor deposit next door, and that huge orebody is snuggled up against [...]
Barksdale Resources Corp. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement offering of units of the Company with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche of the non-brokered private placement offering comprising 27,325,317 Units for gross proceeds of $4,098,798 closed on June 27, 2024 . The Units [...]
Barksdale Resources Corp. is pleased to announce a second increase to its previously announced non-brokered private placement offering of units of the Company at a price of $0.15 per Unit . Each Unit consists of one common share of Barksdale and one Common Share purchase warrant , whereby each Warrant entitles the holder to acquire one Common Share at a price of $0.23 for a period of three years from the date of issuance [...]
Barksdale Resources Corp. is pleased to announce the appointment of Mr. Alan Roberts, MSc, CPG, as Vice President of Exploration. Concurrently, Mr. Thomas Simpson, SVP Exploration and Mr. Andrew Pooler, SVP Development, are retiring from the Company. Rick Trotman, President and CEO states, "On behalf of Barksdale's Board and management team I would like to express sincere thanks to Tom and Andy, both of whom made valuable [...]
Barksdale Resources Corp. announces that further to its news releases of June 5, 2024, and June 11, 2024, regarding its non-brokered private placement financing of up to 37,500,000 units at a price of $0.15 per Unit for gross proceeds to the Company of up to $5,625,000 , it has closed the first tranche of the Offering. Under the First Tranche, the Company has issued 27,325,317 Units for gross proceeds of $4,098,798. Each [...]
Barksdale Resources Corp. is pleased to announce an increase in the previously announced non-brokered private placement financing of 26,666,667 units to 37,500,000 units at a price of $0.15 per Unit for gross proceeds to the Company of $5,625,000 due to significant demand. The remainder of the terms of the Offering are unchanged. Each Unit will consist of one common share of Barksdale and one Common Share purchase warrant [...]
Barksdale Resources Corp. announces a non-brokered private placement financing of 26,666,667 units at a price of $0.15 per Unit for gross proceeds to the Company of $4,000,000 . Each Unit will consist of one common share of Barksdale and one Common Share purchase warrant . Each Warrant shall entitle the holder to acquire one Common Share at a price of $0.23 for a period of three years from the date of issuance. Several [...]
Barksdale Resources Corp. is pleased to announce that the United States Court of Appeals for the Ninth Circuit has affirmed the decision by the United States District Court for the District of Arizona denying the plaintiffs' motion for a preliminary injunction to prevent drilling at the Company's Sunnyside Project in Arizona. Rick Trotman, President and CEO of Barksdale, comments, "The Ninth Circuit's decision is great [...]
Barksdale Resources Corp. is pleased to announce the positive results of a Preliminary Economic Assessment completed on the San Javier oxide copper-gold project located in Sonora, Mexico. The PEA envisions a modest capital cost project utilizing conventional open-pit mining with a solvent-extraction and electrowinning plant to produce LME-grade copper cathodes on-site. A copy of the PEA, prepared in accordance with the [...]
Barksdale Resources Corp. is pleased to provide assays from the lower portion of the SUN-003 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. HIGHLIGHTS Barksdale has intercepted multiple intervals of carbonate replacement style mineralization in SUN-003, including assays released previously . Additional assays from the lower zones [...]
Barksdale Resources Corp. announces that it is transitioning away from the current drilling contractor at the Sunnyside project and that the Company has initiated a search for a new drilling partner with the expertise necessary to effectively carry out the envisioned wedging/directional drilling program. Rick Trotman, President and CEO states, "After much consideration, the decision was made to suspend the current [...]
Barksdale Resources Corp. is pleased to provide an update on the SUN-003 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. Barksdale has intercepted multiple intervals of carbonate replacement style mineralization at Sunnyside, extending the footprint of previously known mineralization approximately 90m to the northeast of historic [...]