The Company’s ownership percentage of Arizona Standard LLC (“Arizona Standard“), holding company of the Sunnyside Property located in the Patagonia mining district of southern Arizona, has increased from 51% to 67.5% and Great Basin’s ownership has decreased from 49% to 32.5%…
Beyond the Headline
Barksdale reported that the Phase II earn-in has been completed and its Sunnyside interest has increased from 51% to 67.5%, with Great Basin retaining 32.5%. Barksdale chairs the management committee.
The next proposed program includes Fall 2026 diamond drilling plus airborne ZTEM, subject to JV approval. Meanwhile, at San Javier, all required payments for the 100% acquisition have been made and title transfer is underway. Metallurgical work on the newly recognized gold component is the next important step towards a possible maiden gold resource.