- Business
- Barksdale Resources Corp. (TSX-V: BRO; OTCQB: BRKCF; FSE: 2NZ) engages in the acquisition, exploration, and advancement of base and precious metal projects focused on copper, zinc, lead, silver, and gold in North America. Incorporated in 1981 and headquartered in Vancouver, British Columbia, Canada, the company holds interests in multiple projects in the prolific Patagonia mining district of southern Arizona, USA, including the flagship Sunnyside copper-zinc-lead-silver property comprising 286 unpatented mining claims over approximately 5,224 acres in the Patagonia Mountains; the San Antonio porphyry copper project; the Four Metals polymetallic property; the early-stage Goat Canyon copper-molybdenum project; and the Canelo project; as well as the San Javier copper-gold property consisting of twelve mineral concessions totaling 1,184 hectares in central Sonora, Mexico. Barksdale targets critical minerals essential to the energy transition and infrastructure, operating in world-class jurisdictions with district-scale land positions that offer pathways to discovery, joint ventures, or development. In September 2025, the company completed Phase I earn-in requirements at Sunnyside by making a C$1 million cash payment and issuing 5 million shares to Regal Resources (now Great Basin Minerals), securing a permanent 51% joint venture interest after fulfilling 7,620 meters of drilling and C$6 million in expenditures; it now pursues Phase II to increase ownership to 67.5% through an additional 7,260 meters of drilling, C$550,000 cash, and 4.9 million shares. Recent activities include closing a C$6.325 million private placement financing in multiple tranches during 2025 to fund drilling and option payments; finalizing an option agreement for San Javier with initial payments; completing acquisition of 100% interest in the Four Metals project; appointing William Wulftange as CEO in February 2025 following a management transition; issuing secured convertible debentures totaling C$3 million to Delbrook Capital Advisors in May 2025 maturing December 2027; releasing high-grade assay results from Sunnyside and San Javier drilling programs confirming copper-silver-lead-zinc sulfide mineralization; and advancing permitting and Phase II drilling at Sunnyside adjacent to South32's Taylor deposit.