Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Granted permission by the Ejido to complete exploration work for five years in exchange for drilling a water well for the San Javier community.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Water supply issues during drilling.
• Old tailings on site that will need to be characterized and managed.

Mitigation Strategies

• Water supply issues mitigated by use of high-pressure hoses.
• Further studies needed to characterize and manage old tailings.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: NI 43-101

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources and no operating revenues.
• Only generated losses to date and will require additional funds to further explore its properties.
• Mineral exploration is subject to a high degree of risk.
• Barksdale activities are subject to the risks normally encountered in the mining exploration business.
• Some of the Company’s mining properties may be subject to the rights or asserted rights of various community stakeholders, including indigenous peoples.
• The mining industry is capital intensive and subject to fluctuations in metal prices, market sentiment, foreign exchange and interest rates.
• The Company’s success and viability depends, in large part, on its ability to attract and maintain qualified key management personnel.
• Certain of Barksdale’s directors and officers also serve as directors or officers of other public and private resource companies, and to the extent that such other companies may participate in ventures in which Barksdale may participate, such directors and officers of Barksdale may have a conflict of interest.
• Barksdale must comply with environmental laws and regulations governing air and water quality and land disturbance and provide for reclamation and closure costs in addition to securing the necessary permits to advance exploration activities at its mineral properties.
• Global financial markets are experiencing increased volatility due to, inter alia, the lingering impact of the COVID-19 pandemic, Russia’s war with Ukraine, elevated inflation and interest rates and recent bank failures in the United States and Europe and global financial conditions have been subject to increased instability impacting many industries, including mining.
• Extreme weather events (such as prolonged drought, increased frequency and intensity of storms, flooding, landslides and wildfires) have the potential to disrupt the Company's operations and the transportation routes that the Company uses.
• The Company’s operations depend, in part, upon information technology systems to securely process, maintain and transmit information and data critical to the Company’s business.

Mitigation Strategies

• The Company is currently considering a number of different financing options.
• The Company will continue to rely on its ability to obtain adequate equity financing in the future.
• Although the Company obtains insurance to address certain of these risks, such insurance has limitations on liability and may not be sufficient to cover the full extent of such liabilities.
• The Company provides its key personnel with long-term incentive compensation including stock options which is designed to retain these employees and align their interests with those of the Company’s shareholders.
• The Company employs security measures in respect of its information and data including implementing systems to monitor and detect potential threats, the performance of periodic audits, and penetration testing.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• prolonged drought, increased frequency and intensity of storms, flooding, landslides and wildfires

Transition Risks

• climate change legislation and treaties at the international, national, state/provincial and local levels regulating, among other things, emission levels (such as carbon taxes) and energy efficiency are becoming more stringent

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited financial resources and no operating revenues.
• High degree of risk in mineral exploration.
• Risks associated with mining exploration business (geology, safety, etc.).
• Potential conflicts with community stakeholders.
• Need for licenses and permits from governmental authorities.
• Fluctuations in metal prices, market sentiment, and exchange rates.
• Dependence on qualified key management personnel.
• Compliance with environmental laws and regulations.
• Political instability and uncertainties in Mexico.
• Extreme weather events and climate change legislation.
• Risks related to information technology systems and data security.

Mitigation Strategies

• Seeking equity financing.
• Obtaining insurance to address certain risks.
• Working with community stakeholders.
• Applying for necessary licenses and permits.
• Monitoring metal prices and market conditions.
• Providing long-term incentive compensation to key personnel.
• Implementing security measures for information technology systems.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Prolonged drought, increased frequency and intensity of storms, flooding, landslides, and wildfires

Transition Risks

• Climate change legislation and treaties regulating emission levels and energy efficiency