Durango Resources Inc. has announced significant assay results from its Babine South project in British Columbia, revealing gold grades as high as 3.9 grams per ton (gpt) and silver concentrations reaching 3430 gpt (110 oz/t). These findings highlight the potential of the site, which is located in the mineral-rich Babine Porphyry Belt.
The Babine South project is a 100% owned exploration site by Durango Resources, situated north of Smithers, British Columbia. The property encompasses two mineral claims and spans about 470 hectares. Historically, the site has produced silver, with records indicating 94 kilograms extracted from a trench during its operational years.
The geological setting of Babine South is characterized by Cache Creek Group greenstone, where mineralization occurs in quartz-carbonate veins. Notable minerals found in the area include argentiferous galena, sphalerite, and chalcopyrite, among others. The presence of ultramafic rocks suggests potential for nickel and platinum group element (PGE) mineralization as well.
In the fall of 2024, a field mapping and sampling program was conducted, resulting in the collection of seven samples from various locations within the property. The assay results from these samples are summarized in the table below:
| Sample ID | Gold (gpt) | Silver (gpt) | Copper (%) | Lead (%) | Zinc (%) |
|---|---|---|---|---|---|
| 24END001 | - | 143 | 0.28 | 0.89 | 1.26 |
| 24END002 | 3.39 | 3090 | 0.86 | 8.04 | 8.86 |
| 24END003 | - | 300 | 0.38 | 2.26 | 2.41 |
| 24END004 | - | 3370 | 0.3 | 3.44 | 1.73 |
| 24END005 | - | 3430 | 1 | 7.95 | 8.34 |
| 24END006 | - | 89 | 0.44 | 3.20 | 1.73 |
| 24END007 | - | 3180 | 0.74 | 6.98 | 3.03 |
The results indicate high concentrations of silver, with several samples exceeding 3000 gpt, alongside notable levels of zinc and copper.
The promising assay results have led Durango Resources to consider several options for advancing the Babine South project:
Marcy Kiesman, CEO of Durango Resources, expressed optimism regarding the findings, suggesting that the results align with historical data and indicate the potential for a polymetallic deposit. The company aims to leverage the increasing global demand for critical metals such as gold, silver, zinc, and copper to enhance shareholder value.
The recent assay results from Durango Resources at the Babine South project mark a significant milestone in the exploration of this promising site. With plans for further exploration and a focus on critical metals, the company is well-positioned to capitalize on the growing demand in the mining sector.
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