Durango Resources Expands Land Position at Babine South Mineral Project, Targets Critical Metals
TL;DR
Durango Resources Inc. expands Babine South project, increasing land position for potential advantage in critical metals exploration.
Durango strategically expands 100%-owned Babine South project following positive assay results, increasing total size to approximately 1,070 hectares.
Durango's focus on critical metals aligns with global demand, contributing to sustainable mineral supply for a better tomorrow.
Durango invites you to PDAC, the leading mineral exploration convention, offering educational programming, networking events, and business opportunities.
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Durango Resources Inc. has expanded its land position at the Babine South gold-silver-copper-zinc project in British Columbia, increasing the property's total size to approximately 1,070 hectares across four mineral claims. The strategic land acquisition follows recent positive assay results and reflects the company's commitment to exploring critical metals.
The Babine South project, located in the Babine Porphyry Belt north of Smithers, sits on geological terrain with historical mineral production. Previous trenching activities in the 1920s and 1930s produced 94 kilograms of silver, and recent sampling has revealed promising mineral values, including up to 3.39 grams per tonne gold, 3,430 grams per tonne silver, 8.86% zinc, and 1% copper.
The expansion is particularly significant given the current global focus on critical metals. Both the United States and Canada have identified specific minerals as strategically important for economic and national security. Recent geopolitical tensions, including China's mineral export restrictions, have underscored the need for diversified and secure mineral supply chains.
The project's geological setting, featuring Cache Creek Group greenstones and minerals like argentiferous galena, sphalerite, and chalcopyrite, suggests potential for an epithermal polymetallic deposit. The presence of ultramafic rocks also indicates possible nickel and platinum group element mineralization, aligning with Durango's strategic exploration goals.
CEO Marcy Kiesman emphasized the company's commitment to strengthening its land portfolio with a focus on critical metals, reflecting the increasing global demand for these essential resources. The company will showcase its projects at the upcoming Prospectors & Developers Association of Canada (PDAC) convention in Toronto.
Curated from NewMediaWire
