Superior Treasured and Base Metals Properties in Mexico and Arizona

October 4, 2022

1

Drilling has continued to verify and broaden the footprint of the Cerro Verde zone with key outcomes together with 47m of 0.75% copper from 138-185m (SJ21-28) and 39m of 0.61% copper from 21-60m (SJ21-24), and 6m of 0.90% copper from 102-108m (SJ21-14).

Oxide gold intercepts in gap SJ21-29, together with 15m grading 0.73 g/t gold and 8m grading 0.84 g/t gold, have prolonged the gold bearing portion at Cerro Verde by roughly 60m to the south.

Rick Trotman, President and CEO of Barksdale commented, “The drill outcomes proceed to reveal that the Cerro Verde zone has important shallow copper mineralization. The ultimate outcomes from the drilling program, that are primarily step-out holes to the west and south, are anticipated to be launched throughout the subsequent few weeks, at which level we will full our useful resource estimation for Cerro Verde.”

Drill Gap Dialogue

Holes SJ21-27, SJ21-28 and SJ21-29 have been drilled on the identical part (Determine 1) with the objective of offering infill definition between current sections spaced ~100m aside. Gap SJ21-27 intersected 13.5m meters of 0.35% copper oxide mineralization between 45 to 58.5m, at which level the opening was deserted after encountering a 4.5m void from 58.5 to 63m. Gap SJ21-28 intersected in depth enriched and first copper mineralization instantly above and on the supergene / main boundary. The principle copper intercept contained 47m of 0.75% copper from 138 to 185m. Moreover, the higher portion of gap SJ21-28 intersected three slender oxide gold intercepts (with little copper) which included 0.54 g/t gold from 21-24m, 0.58 g/t gold from 36-39m and 0.39 g/t gold from 45-48m. Gap SJ21-29 outcomes embody 4 oxide gold intercepts together with: 15m of 0.73 g/t gold between 21-36m, 9m of 0.41 g/t gold from 39-48m, 9m of 0.84 g/t gold from 51-60m and 3m of 0.58 g/t from 66-69m. These gold intercepts characterize the projected southern extension of gold encountered in SJ21-05 (see the press launch dated October 25, 2021).

Gap SJ21-24 and SJ21-25 have been drilled on the identical part (Determine 2) with the objective of infilling a 125m hole in historic drill knowledge (SJ21-24) in addition to to increase copper mineralization to the east (SJ21-25) in an space the place steep topography didn’t permit for highway development. SJ21-24 intersected 39m grading 0.61% copper from 21-60m comprised of a number of zones of each oxide and sulfide mineralization. SJ21-25 was drilling shallowly to the east and was profitable in extending mineralization by roughly 40m. Intercepts included 27m of 0.26% oxide copper from 24-51m, 12m of oxide copper from 78-90m, 33m of 0.28% blended oxide/sulfide copper from 138-171m and 12m of 0.52% main copper from 183 to the top of the opening.

Determine 1. Drill part highlighting copper and gold assay outcomes from SJ21-27, SJ21-28, and SJ21-29. True widths are roughly 90-100% of drill intercepts.

To view an enhanced model of Determine 1, please go to:
https://orders.newsfilecorp.com/recordsdata/8531/110743_c1f4d13204a8cb1c_002full.jpg

Determine 2. Drill part highlighting copper and gold assay outcomes from SJ21-24 and SJ21-25. True widths are roughly 40-70% of drill intercepts.

To view an enhanced model of Determine 2, please go to:
https://orders.newsfilecorp.com/recordsdata/8531/110743_c1f4d13204a8cb1c_003full.jpg

Determine 3. Plan view of the Cerro Verde zone displaying the historic mineralization footprint, the extent of mapped oxidation at floor, and just lately accomplished drilling by Barksdale. Mineralization stays open to the south, southeast, southwest, and northeast.

To view an enhanced model of Determine 3, please go to:
https://orders.newsfilecorp.com/recordsdata/8531/110743_c1f4d13204a8cb1c_004full.jpg

Desk 1. Vital Drill Gap Outcomes (Copper above 0.20% and/or Gold above 0.20 g/t). True widths range between 40-100% and common 80%.

	From	To	Interval	Cu	Au	Kind of
Gap	(m)	(m)	(m)	(%)	(g/t)	Mineralization
SJ21-14	102	108	6	0.90		Oxide
SJ21-23	12	30	18	0.38		Oxide/Main
Together with	12	21	9	0.36		Oxide
	21	30	9	0.39		Main
SJ21-24	21	60	39	0.61		Oxide/Main
Together with	21	27	6	0.61		Oxide
	27	36	9	0.84		Main
	36	39	3	1.26		Oxide
	39	60	21	0.42		Main
and	69	72	3	0.68		Main
	78	81	3	0.20		Main
	108	111	3	0.26		Main
SJ21-25	24	51	27	0.26		Oxide
Together with	24	27	3	0.46	0.30	Oxide
	33	36	3	0.23	0.25	Oxide
	45	51	6	0.30	0.28	Oxide
	54	60	6	0.06	0.83	Oxide
and	72	75	3	0.22		Oxide
	78	90	12	0.48		Oxide
	129	132	3	0.22		Oxide
	138	171	33	0.28		Oxide / Main
Together with	138	147	9	0.43		Oxide
	147	162	15	0.22		Main
	162	171	9	0.25		Oxide
	183	195	12	0.52		Main
SJ21-26	15	21	6	0.29		Oxide
	27	30	3	0.15	0.39	Oxide
	90	117	27	0.33		Oxide / Main
Together with	90	99	9	0.45		Oxide
	99	117	18	0.28		Main
	105	108	3	0.34	0.50	Main
SJ21-27	15	18	3	0.02	0.80	Oxide
	45	58.5	13.5	0.35		Oxide
	58.5	63	4.5			Void / No Pattern
SJ21-28	21	24	3	0.03	0.54	Oxide
	36	39	3	0.00	0.58	Oxide
	45	48	3	0.03	0.34	Oxide
	138	185	47	0.75		Enriched / Main
together with	138	150	12	1.00		Enriched
	150	162	12	0.36		Main
	162	180	18	0.95		Enriched
	180	185	5	0.41		Main
SJ21-29	21	36	15	0.07	0.73	Oxide
	39	48	9	0.02	0.41	Oxide
	51	60	9	0.02	0.84	Oxide
	66	69	3	0.01	0.58	Oxide

High quality Assurance and High quality Management

Drilling was accomplished utilizing HQ dimension diamond drill core and core was logged by geologic consultants engaged by the Firm. Drill holes have been logged and marked for sampling previous to being sawn in half utilizing a diamond blade noticed, with one half of the sawn core being positioned in a fabric pattern bag, with a novel pattern tag, whereas the second half was returned to the wood core field for storage on web site. Pattern assays are being carried out by Skyline Assayers & Laboratories, an accredited (ISO 9001) laboratory. Core samples are analyzed for complete copper, acid soluble copper, cyanide soluble cooper, in addition to nicely as a multi factor ICP Evaluation.

The analytical work has been and is topic to a QA/QC program that features licensed reference requirements from OREAS North America. These requirements are of comparable composition to the rock varieties at San Javier. A number of completely different requirements are included in every batch of samples submitted to the lab. These controls are tracked to make sure the integrity of the assay knowledge. Outcomes are all inside acceptable limits.

Desk 3. Drill Gap Data

Gap	Easting	Northing	Elevation	Depth	Azimuth	Dip	Standing
SJ21-01	623292	3160798	942	100	0	-90	Metallurgical Gap
SJ21-02	623138	3160631	967	100	0	-90	Metallurgical Gap
SJ21-03	623140	3160622	967	90	180	-45	Metallurgical Gap
SJ21-04	623341	3160588	1007	61	0	-90	Metallurgical Gap
SJ21-04	623341	3160588	1007	201	0	-90	Extension of Met Gap (Beforehand Introduced)
SJ21-05	623258	3160598	1006	260	90	-72	Beforehand Introduced
SJ21-06	623258	3160602	1019	250	45	-50	Beforehand Introduced
SJ21-07	623432	3160791	922	200	90	-70	Beforehand Introduced
SJ21-08	623554	3160599	829	285	270	-50	Beforehand Introduced
SJ21-09	623462	3160563	893	150	270	-55	Beforehand Introduced
SJ21-10	623229	3160482	960	231	45	-50	Beforehand Introduced
SJ21-11	623440	3160641	903	176	0	-90	Beforehand Introduced
SJ21-12	623016	3160344	869	180	90	-51	Beforehand Introduced
SJ21-13	623332	3160401	896	120	0	-90	Beforehand Introduced
SJ21-14	623331	3160401	896	140	270	-55	Introduced on this Launch
SJ21-15	623129	3160534	931	155	90	-59	Beforehand Introduced
SJ21-16	623529	3160750	820	52.5	270	-51	Beforehand Introduced
SJ21-17	623529	3160750	820	55	0	-55	Beforehand Introduced
SJ21-18	623435	3160408	873	60	0	-90	Beforehand Introduced
SJ21-19	623435	3160408	873	80	245	-55	Beforehand Introduced
SJ21-20	623533	3160852	768	170	270	-45	Beforehand Introduced
SJ21-21	623533	3160852	768	30	0	-45	Beforehand Introduced
SJ21-22	623655	3160882	698	30	225	-50	Beforehand Introduced
SJ21-23	623584	3160911	771	30	260	-55	Introduced on this Launch
SJ21-24	623406	3161005	849	120	90	-64	Introduced on this Launch
SJ21-25	623602	3161009	786	195	90	-55	Introduced on this Launch
SJ21-26	623195	3160750	960	120	270	-80	Introduced on this Launch
SJ21-27	623200	3160549	969	63	0	-90	Introduced on this Launch
SJ21-28	623257	3160557	1009	185	0	-90	Introduced on this Launch
SJ21-29	623302	3160553	996	140	0	-90	Introduced on this Launch
SJ21-30	623352	3160556	1003	185	0	-90	Assays Pending
SJ21-31	623311	3160435	920	147	0	-50	Assays Pending
SJ21-32	623138	3160586	951	166.5	0	-90	Assays Pending
SJ21-33	623025	3160500	846	165	270	-60	Assays Pending
SJ21-34	623017	3160600	850	130	270	-60	Assays Pending
SJ21-35	623010	3160650	849	84	270	-60	Assays Pending
SJ21-36	623200	3160000	789	95	0	-90	Assays Pending

Scientific and technical data on this information launch has been reviewed and authorized by Lewis Teal, Senior Guide to the Firm and a ‘Certified Particular person’ as outlined beneath Canadian Nationwide Instrument 43-101.

Barksdale Assets Corp. is a base metallic exploration firm headquartered in Vancouver, B.C., that’s targeted on the acquisition, exploration and development of extremely potential base metallic tasks in North America. Barksdale is presently advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper tasks, each of that are within the Patagonia mining district of southern Arizona, in addition to the San Javier copper-gold venture in central Sonora, Mexico.

ON BEHALF OF Barksdale Assets CORP

Rick Trotman
President, CEO and Director
Rick@barksdaleresources.com

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

For extra data please telephone 778-238-2333, electronic mail data@barksdaleresources.com or go to www.BarksdaleResources.com.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this information launch.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This information launch contains “forward-looking data” beneath relevant securities laws together with, however not restricted to, the flexibility of Barksdale to confirm or substitute historic estimates at San Javier as present assets, the proposed technical and drill program at San Javier and the timing thereof, the potential deposits, targets and mineralization at San Javier and the anticipated receipt and timing of vital governmental or third get together approvals and permits. Such forward-looking data displays administration’s present beliefs and relies on quite a few estimates and assumptions made by and data presently obtainable to the Firm that, whereas thought of cheap, are topic to identified and unknown dangers, uncertainties, and different elements which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking data. Readers are cautioned that such forward-looking data is neither a promise nor assure, and is topic to identified and unknown dangers and uncertainties together with, however not restricted to, delays in acquiring governmental or third get together approvals and permits, precise outcomes of exploration actions, unanticipated geologic formations, buildings and traits, environmental dangers, future costs of base and different metals, working dangers, accidents, labor points, and different dangers within the mining trade in addition to basic enterprise, financial, aggressive, political and social uncertainties, unsure and risky fairness and capital markets and lack of obtainable capital. There aren’t any assurances that the Firm will receive the required permits for and efficiently full the proposed technical and drill program at San Javier as presently contemplated or in any respect. As well as, there’s uncertainty in regards to the unfold of COVID-19 and variants of concern and the affect they may have on the Firm‘s operations, provide chains, capability to entry mineral properties, conduct due diligence or procure tools, contractors and different personnel on a well timed foundation or in any respect and financial exercise on the whole. All forward-looking data contained on this information launch is certified by these cautionary statements and people in our steady disclosure filings obtainable on SEDAR at www.sedar.com. Accordingly, readers mustn’t place undue reliance on forward-looking data. The Firm disclaims any intention or obligation to replace or revise any forward-looking data, whether or not because of new data, future occasions or in any other case, besides as required by legislation.

Corporate Logo