Barksdale Begins Phase II Earn-In Drill Program at Sunnyside

Core Viewpoint - Barksdale Resources Corp. has initiated its Phase II earn-in drill program at the Sunnyside Property in Arizona, focusing on copper and gold exploration, with the program expected to last three to four months [1][2][3]. Exploration and Drilling Activities - The Phase II drill program aims to test near-surface chalcocite occurrences and other mineral anomalies identified in previous studies, including those by ASARCO in the 1990s and Big Rock Exploration in 2019 [2]. - The program will also explore geophysical targets generated by NSAMT surveys conducted in 2018 [2]. - Barksdale's drilling results and historical data indicate that the Taylor deposit may extend into the Sunnyside area, as reported by South32 Limited [3]. Financial and Operational Details - The Phase II earn-in requirements include drilling 25,000 feet and spending CAD 6 million, along with payments of CAD 550,000 and issuing 4.9 million shares to increase ownership from 51% to 67.5% [9]. - Previous expenditures from the Phase I program can be applied to meet the Phase II requirements, allowing for a more efficient funding structure [10]. Project and Resource Focus - Barksdale is committed to exploring and expanding its known metal endowment, particularly focusing on copper, gold, and other critical minerals essential for modern infrastructure and energy transition [4][12]. - The company is also reviewing historic core drill samples for gold content at the San Javier project, which has shown promising intercepts of gold values [5].