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Barksdale Resources announced that the U.S. Court of Appeals for the Ninth Circuit upheld a District Court decision denying a preliminary injunction that would have halted drilling at their Sunnyside Project in Arizona. This decision confirms the thorough permitting process for the project. President and CEO Rick Trotman praised the legal team and noted that the challenge continues in district court, with a final decision expected by year-end 2024. Barksdale, recognized as a 2023 OTCQX BEST 50 Company, focuses on base metal exploration in North America, including projects in Arizona and Mexico.
Barksdale Resources Corp. announces positive results of a Preliminary Economic Assessment on the San Javier oxide copper-gold project in Mexico. The PEA shows robust economics with a 13-year mine life producing 209 million pounds of cathode copper, low cash costs, and promising NPVs and IRRs. Rick Trotman, President and CEO, highlights the project's simplicity and growth potential. The project aims for resource expansion, gold recovery, and run of mine processing.