Sunnyside Cu-Zn-Pb-Au Exploration Program Update

VANCOUVER - Barksdale Resources Corp. the proposed Sunnyside copper-zinc-lead-silver exploration program in Arizona. Barksdale is currently gearing up for its initial drilling program at Sunnyside, which will commence as soon as possible once all the requisite approvals have been provided by the USFS. Drilling could begin as early as June. In preparation for this campaign the Company has received multiple bids from licensed drilling companies to complete an initial ~16,500-meter drilling program (~50,000 feet). Final drill contractor selection will occur shortly, with final selection focused on the best mix of drilling crew quality, rig availability, and costs. Additionally, to initiate work at Sunnyside, the Company will be required to post an environmental performance bond with the USFS. Discussions are underway with an insurance company willing to provide a surety policy to cover a portion of Barksdale's costs.

The United States Forest Service (USFS) completed the 45-day objection period, which represented the final opportunity for public input into the permitting process for the Sunnyside project. Two objections were filed during the objection period and the USFS is currently working on providing detailed responses, which will be sent to the respective parties in due course. The USFS has informed the Company that it will utilize the 30-day extension to the 45-day objection response period. As such, the USFS currently forecasts completion of the objection response period on or before May 29, 2023.

"We moved through the objection period better than expected and are now gearing up to drill," stated Rick Trotman, President and CEO. "We're roughly two months away from kicking off our first drilling program at Sunnyside, where we are targeting a very large carbonate replacement system that has shown itself to contain high grade copper-zinc-lead-silver mineralization."