Durango Resources Inc. has expanded its land position at the Babine South gold-silver-copper-zinc exploration project, increasing the total project area to approximately 1,070 hectares across four mineral claims in British Columbia's Babine Porphyry Belt.
The strategic expansion follows recent promising sampling results that revealed substantial mineral potential, including values up to 3.39 grams per tonne gold, 3,430 grams per tonne silver, 8.86% zinc, and 1% copper. These findings underscore the project's potential for hosting an epithermal polymetallic deposit with significant economic implications.
The geological setting of the Babine South project features Cache Creek Group greenstones with mineralization occurring in quartz-carbonate veins and shears. The presence of minerals such as argentiferous galena, sphalerite, and chalcopyrite suggests a complex and potentially valuable mineral deposit.
Of particular interest is the presence of ultramafic rocks like peridotite, pyroxenite, and dunite, which indicate potential for nickel and platinum group element (PGE) mineralization. This aligns with Durango's strategic focus on critical metals exploration, a sector increasingly vital to global technological and economic development.
The timing of this expansion is significant given the growing geopolitical concerns surrounding critical metals supply chains. Both the United States and Canada have identified critical minerals as essential to national economic and security interests, with recent geopolitical tensions highlighting the importance of diversifying mineral sources.
China's dominant position in critical mineral production and recent export restrictions have underscored the strategic necessity for countries like Canada to develop domestic mineral exploration and extraction capabilities. Durango's project represents a potential contribution to this broader national and international strategy of securing sustainable and secure mineral supplies.
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 strategic resources. The expansion of the Babine South project represents a calculated move to capitalize on the growing importance of diverse and resilient mineral supply chains.
