Sunnyside Permitting Reaches Final Phase

Sunnyside Permitting Reaches Final Phase

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") is pleased to announce significant permitting progress related to the proposed Sunnyside copper-lead-zinc-silver exploration program in Arizona. The United States Forest Service ("USFS") has informed the Company that it intends to publish a draft Decision Memorandum ("DN") and Finding of No Significant Impacts ("FONSI") for Barksdale's proposed seven-year exploration drilling program at its Sunnyside project in Arizona on January 25, 2023. This is a major milestone for Barksdale and allows the USFS to initiate the final step of the National Environmental Policy Act ("NEPA") permitting process which will culminate with the approval of Barksdale's Plan of Operations ("PoO").

"Today's announcement is the consummation of four years of hard work and perseverance by our team. We've reached the home stretch with respect to permitting, which paves the way for Barksdale to have a large and exciting exploration program at Sunnyside in 2023," stated Rick Trotman, President and CEO of Barksdale. "As the USFS completes its process our team is busy working on our environmental bonding, securing contracts for drill rigs, and staffing up our geologic team ahead of our first drilling program."

Permit Process

Barksdale submitted its initial PoO to drill at Sunnyside in April 2018. The PoO was deemed as substantively complete by the USFS in February 2019 and a 45-day public scoping period was completed in September 2019. Additionally, public comment periods for both the USFS process and Army Corp of Engineers ("USACE") process were completed in April 2021. A vast array of work as part of the USFS's environmental assessment process has been completed by the Company, including multiple years' sensitive species (fauna) monitoring, sensitive species mapping (flora), cultural resource review, noise attenuation studies, 100-year flood plain mapping, wetland resources mapping, and traffic monitoring.

In total, four separate approvals are needed to begin drilling at Sunnyside: 1) Sign off of the Company's PoO by the USFS after receipt of the DN and FONSI, 2) a Section 404 Individual Permit from the USACE, 3) an approved Storm Water Pollution Protection Plan ("SWPPP") from the Arizona department of Environmental Quality ("ADEQ"), and 4) a CWA Section 401 Water Quality Certification ("401 Certification") from ADEQ. Barksdale has already received the SWPPP and 401 Certification from the state of Arizona as well as the Section 404 Individual Permit from the USACE.

The USFS will initiate a formal 45-day Objection Period on January 25, 2023. If any objections are received, the USFS and its third-party independent consulting firm will have up to 45-days to respond and clear objections with the potential for a single 30-day extension, if necessary. Following these two statutory review periods, the USFS will finalize the DM and FONSI and approve the Company's PoO. The Company will initiate its drilling program as soon as the PoO is signed, and the requisite environmental surety bond is in place.

Sunnyside Permitting Review
Agency Permit/ApprovalCompleted
Yes/No
Estimated Completion
FEDERAL
U.S. Forest Service (USFS)Draft Decision Memorandum and Draft Finding of No Significant Impacts YesComplete.
Approval of Plan of Operations NoMay / June 2023
U.S. Army Corps of Engineers (USACE)Section 404 Individual PermitYesComplete.
STATE
Arizona Department of Environmental Quality (ADEQ) CWA Section 401 Water Quality CertificationYesComplete.
Arizona Department of Environmental Quality (ADEQ) SWPPP and Arizona Pollutant Discharge Elimination System (AZPDES) Industrial Stormwater Multi-Sector General Permit (MSGP)YesComplete.

 

Barksdale's team has worked closely with the USFS, the USACE, the US Fish and Wildlife Service, and the ADEQ to avoid project impacts and designed the Sunnyside drilling program to allow for maximum flexibility with the smallest possible footprint and disturbance levels. The total allowable disturbance is 11 acres, over half of which includes the rehabilitation of 20 kilometers of existing roads (~6 acres), demonstrating the extremely small footprint of this program. Once approved, Barksdale will be able to utilize up to two drill rigs (reverse circulation and/or diamond) over the course of a seven-year drilling period. Barksdale will complete concurrent reclamation as the drilling program progresses and will also complete five years of additional monitoring once drilling has been completed to assure the best possible outcomes on reclamation of the disturbed sites.

Barksdale's PoO will utilize floating versus fixed drill pad locations, which provide additional flexibility in determining optimal drilling locations based on results of the exploration program. Drill pads can be sited on or adjacent to existing or newly constructed drilling roads and laydown yards throughout the permitted area.

Three drilling areas have been outlined and will allow Barksdale to test drilling targets over a 12 square kilometer portion of the Sunnyside property. Each drill area is accessed via distinct assess roads that are already in place. Additional roads may be built in certain areas to provide secondary access to the property and/or additional drill sites. Seasonal drilling restrictions will occur within a quarter mile (400 meter) radius of a nesting site of the Mexican Spotted Owl located within the permit area. The seasonal shutdown will only affect a small portion of the project area and will have very minor affects to the ultimate drilling program.

Scientific and technical information in this news release has been reviewed and approved by Lew Teal, a senior technical consultant to the Company and a 'Qualified Person' as defined under Canadian National Instrument 43-101.

Barksdale Resources Corp. 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
Rick@barksdaleresources.com

Terri Anne Welyki
Vice President of Communications
778-238-2333
TerriAnne@barksdaleresources.com

For more information please phone 778-558-7145, email info@barksdaleresources.com or visit www.BarksdaleResources.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes "forward-looking information" under applicable Canadian securities legislation including, but not limited to, the expected publication and timing of the DN and FONSI by the USFS and estimated timing and approval of the Company's PoO for the Sunnyside copper-lead-zinc-silver project; the proposed nature, size, timing, targets and impact of the Company's planned drilling program on the Sunnyside project following approval of the PoO and the ability of the Company to obtain the requisite staffing, bonding and financing therefor; and the potential impact of seasonal drilling restrictions on the ability of the Company to effectively carry out such program. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees, and are subject to known and unknown risks and uncertainties including, but not limited to, 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. There are no assurances that the Company's PoO for the Sunnyside property will be approved by the USFS on the basis currently contemplated or at all. In addition, the Company's proposed drilling program at Sunnyside is an exploratory search for commercial quantities of ore, the discovery of which cannot be assured. There are currently no NI 43-101 resources or reserves on the Sunnyside property. There is also uncertainty about the continued spread and severity of COVID-19, the ongoing war in Ukraine and rising inflation and interest rates and the impact they will have on the Company's operations, supply chains, ability to access mining projects or procure equipment, supplies, contractors and other personnel on a timely basis or at all and economic activity in general. All forward-looking information contained in this news release is qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/152238

News Provided by Newsfile via QuoteMedia

BRO:CA
The Conversation (0)
Barksdale Resources Corp. Invites You to Join Us at the Deutsche Goldmesse Fall 2023 in Frankfurt

Barksdale Resources Corp. Invites You to Join Us at the Deutsche Goldmesse Fall 2023 in Frankfurt

Barksdale Resources Corp. (TSXV: BRO), Barksdale Resources Corp. ("Barksdale" or the "Company"), a base metal exploration company headquartered in Vancouver, B.C., will be participating in the Deutsche Goldmesse Fall Conference, which will take place on November 24 and 25 at The Westin Grand Frankfurt.

Members of the Barksdale Resources Corp. management team will be taking meetings throughout the day, and will also present at 11:00AM CET on November 24th to an audience of European investors.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Barksdale Provides Sunnyside Drilling Update

Barksdale Provides Sunnyside Drilling Update

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") is providing an update on the ongoing drilling program at its Sunnyside copper-lead-zinc-silver exploration project in Arizona. This weekend the SUN-001 hole encountered a 20-meter void (karst) as it transitioned from volcanics into the targeted carbonate horizon. The decision was taken to start a new hole from surface.

Rick Trotman, President and CEO of Barksdale, states, "Our geologic and drilling teams have decades of experience in similar drilling conditions, including next door at the Hermosa project. After hitting the void and assessing our options, we made the decision to start a new hole from surface, which will allow us to push HQ rods (89mm or 3.5" diameter) to the target depth and gives us the capability of reducing to NQ (70mm or 2.75" diameter) should we encounter voids going forward (using the HQ rods as an outer casing to cross any voids). This is a small speed bump on our way to drilling a great target. The drill hole and geology were behaving as planned and the bottom of the volcanic sequence was very exciting - strong silicification, actinolite/tremolite veining, and disseminated sulfides including pyrite, galena and sphalerite. Drilling rates are the fastest near surface so we'll be back at that depth in a few weeks."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Second Drill Arrives at Barksdale's Sunnyside Project

Second Drill Arrives at Barksdale's Sunnyside Project

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") is pleased to announce the arrival of a second drill rig at its Sunnyside copper-lead-zinc-silver exploration project in Arizona. Drilling has commenced at the South Canyon zone, where multiple targets are being tested in the first hole.

Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Barksdale Resources to Present at the Metals and Mining Virtual Investor Conference October 4th, 2023

Barksdale Resources to Present at the Metals and Mining Virtual Investor Conference October 4th, 2023

Barksdale Resources Corp (OTCQX:BRKCF TSXV: BRO), based in Vancouver BC, focused on exploration in Arizona, today announced that Rick Trotman, President and CEO, will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 4th 2023.

DATE : October 4 th ,12023
TIME: 11:30am EST
LINK: https://bit.ly/44FOnTd
Available for 1x1 meetings: October 4 th , 5 th , 6 th , 9 th

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Barksdale is Drilling at Sunnyside

Barksdale is Drilling at Sunnyside

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") is pleased to announce that it has commenced drilling at its Sunnyside copper-lead-zinc-silver exploration project in Arizona, with the first hole currently at approximately 765 meters depth. Additionally, the Company is happy to report that the Ninth Circuit Court of Appeals has denied the Plaintiff's motion for an injunction during the appeal process.

The Company's Plan of Operations for the Sunnyside drilling program was recently approved by the United States Forest Service. This program will test our high-grade exploration targets, within a district scale mineral system, for up to seven years. The current Phase I drill program is focused on extending known carbonate replacement mineralization ("CRD") from the eastern claim boundary west towards the Sunnyside copper-molybdenum-silver porphyry.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Northern Dynasty Makes Annual Filings

Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company") announces that it has filed its audited Financial Statements, Management Discussion and Analysis, Annual Information Form and Annual Report on Form 40F for the year ending December 31, 2023. The Company also advises that, consistent with previous years, its audited consolidated financial statements for the fiscal year ended December 31, 2023 included in the Company's Annual Report on Form 40F, contained an audit report from its independent registered public accounting firm with a going concern emphasis of matter. Release of this information is required by Section 610(b) of the NYSE American Company Guide. It does not represent any change or amendment to any of the Company's filings for the fiscal year ended December 31, 2023

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Awalé Announces Update for Shareholder Participation Right

Awalé Announces Update for Shareholder Participation Right

Further to the news release of April 17, 2024, Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") announces further details and an increase regarding the participation right of its current shareholder. The shareholder has the right to maintain its percentage holding post offering. In order to account for the full ‎Underwritten Offering (including the Underwriter Option), a maximum of approximately 3,989,323 Units (as defined herein) at a price of $0.62 ‎per Unit may be issued to this shareholder for proceeds of approximately ‎‎$2,473,380, which is an increase of 1,021,403 ‎Units from the April 17, 2024 news release.‎ There is no assurance the shareholder will exercise the full participation right.‎ The Units are identical to those announced in the April 17, 2024 news release.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Tinka Resources

Couloir Capital is pleased to announce it has initiated research coverage on Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) (BVL: TK) ("TK" or "Company"). The new report is titled "Advancing One of the Largest Undeveloped Zinc Assets in the World."

Report excerpt: "Tinka's flagship property and current focus is one of the largest zinc deposits held by a junior mining company. The 2024 updated PEA further strengthens Ayawilca's potential to become a top-10 global zinc producer. The mine proposal outlines a 21-year operation processing 2 million tonnes of silver, zinc, and lead per year, with an additional tin component for 15 years at a rate of 0.3 million tonnes per year. The updated PEA highlights robust project economics with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
AWALÉ ANNOUNCES C$10 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

AWALÉ ANNOUNCES C$10 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation (the "Units") at a price of C$0.62 per Unit (the "Offering Price") for gross proceeds of C$10,000,600 (the "Underwritten Offering").

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Vizsla Copper Completes Acquisition of Universal Copper

Vizsla Copper Completes Acquisition of Universal Copper

Vizsla Copper Corp. (TSXV: VCU) (" Vizsla Copper ") and Universal Copper Ltd. (TSXV: UNV) (" Universal Copper ") are pleased to announce the completion of the plan of arrangement under the Business Corporations Act ( British Columbia ) (the " Arrangement "), as previously disclosed on February 14, 2024 . Pursuant to the terms of the Arrangement, among other things, (i) Vizsla Copper acquired 100% of the issued and outstanding common shares in the capital of Universal Copper (the " UNV Shares ") in exchange for the issuance of 0.23 common shares in the capital of Vizsla Copper (each whole common share, a " Vizsla Copper Share ") to shareholders of Universal Copper (" Shareholders ") in exchange for each UNV Share (the " Exchange Ratio "), (ii) Universal Copper's outstanding stock options (" Options ") were exchanged for options of Vizsla Copper, and (iii) Universal Copper's outstanding warrants became exercisable to acquire Vizsla Copper Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Grid Battery Announces Record Date and Effective Date for Spin-Out of AC/DC Battery Shares

Grid Battery Announces Record Date and Effective Date for Spin-Out of AC/DC Battery Shares

(TheNewswire)

Grid Battery Metals Inc..
  • Grid Battery Metals Inc. sets April 25, 2024 as the record date for the distribution to its shareholders of AC/DC shares

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×