- Barksdale Resources Corp. (BRO) receives approval from the United States Forest Service (USFS) for its proposed drill program at the San Antonio Copper Project
- This is the first drill approval received by Barksdale on USFS administered mining claims in the Patagonia district
- It will complete up to a 3,000-metre phase I drilling program at the Cosmos target
- Cosmos is a shallow copper target found in multiple surveys that highlighted anomalies
- Barksdale Resources Corp. (BRO) is unchanged trading at $0.45 per share as of 3:33 p.m. E.T.
Barksdale Resources Corp. (BRO) has received approval for its proposed drill program at the San Antonio Copper Project in Santa Cruz County, Arizona.
The approval came from the United States Forest Service (USFS).
This is the first drill approval received by Barksdale on USFS administered mining claims in the Patagonia district, where the company controls a significant mineral tenure across six properties. It is the first of two drilling approvals being sought by Barksdale.
As a part of the program, Barksdale will complete up to 3,000-metres of drilling at the Cosmos drill target on the property. Cosmos is a shallow copper target that was identified through multiple surveys that highlighted anomalies. The Patagonia mountains are known to host three large, productive, and deep porphyry systems that have been partially defined by previous explorers whereas Cosmos is a very shallow target that has never been drill tested.
Rick Trotman, President and CEO of Barksdale commented on the upcoming drill program.
“I’m very happy to announce this major milestone at San Antonio, a core portfolio holding located a few kilometers southeast of the company’s Sunnyside property. We acquired San Antonio from Teck in 2019 as we saw clear indications of a potentially large porphyry copper system and after several years of diligent effort, we are now excited to drill test the target.”
Barksdale’s team has worked closely with the USFS to avoid project impacts and designed the initial drilling to be a quick and low-cost test with the smallest possible footprint that only operates during daytime hours.
Barksdale Resources Corp. (BRO) is unchanged trading at $0.45 per share as of 3:33 p.m. E.T.