Durango Expands Land Position at Babine South Gold Silver Copper Zinc Project, British Columbia

(via TheNewswire)

Vancouver, BC - TheNewswire - February 27, 2025 – Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1) (“Durango” or the “Company”) announces that following the positive assay results announced on February 25, 2025,, the Company has expanded its 100%-owned Babine South gold-silver-copper-zinc exploration project, located in the Babine Porphyry Belt north of Smithers, British Columbia. The newly staked claims increase the project’s total size to approximately 1,070 hectares across four mineral claims.

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Figure 1. Durango’s New Claim Boundary for Babine South Property

Marcy Kiesman, CEO of Durango Resources, commented, “Following our site visit, assay results from sampling, and further study of the area, we have strategically expanded our land position at Babine South. Durango remains committed to strengthening its land portfolio with a focus on critical metals to align with increasing global demand.”

PDAC

Durango would also like to invite you to visit the Company at Booth 2419A during the annual Prospectors & Developers Association of Canada (“PDAC”) at the Metro Toronto Convention Centre on Sunday March 2nd and Monday March 3rd. Representatives from the Company will also be available to discuss Durango’s projects throughout the convention period.

About PDAC

The World’s Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organizations connected to mineral exploration. This annual convention in Toronto, Canada is known for attracting up to 30,000 attendees from over 130+ countries for its educational programming, networking events, outstanding business opportunities and fun. Since it began in 1932, the PDAC Convention has grown in size, stature and influence. Today, it is the event of choice for the world’s mineral industry hosting more than 1,100 exhibitors and 2,500 investors. Register (pdac.ca)

About the Babine South Gold-Silver-Copper-Zinc Project

The Babine South Gold-Silver-Copper-Zinc Project is a 100%-owned exploration property of Durango Resources Inc., situated in the Babine Porphyry Belt, north of Smithers, British Columbia. Encompassing approximately 1,070 hectares across two mineral claims, the property hosts historical silver adits from the 1920s and 1930s, with records indicating the production of 94 kilograms of silver from trenching activities. The geological setting features Cache Creek Group greenstones, where mineralization occurs in quartz-carbonate veins and shears within foliated greenstone (amphibolite). Notable minerals identified include argentiferous galena, sphalerite, tetrahedrite, argentite, chalcopyrite, native silver, pyrrhotite, and pyrite. Recent sampling efforts have yielded significant assay results, with values up to 3.39 grams per tonne gold, 3430 grams per tonne (110.3 oz/t) silver, 8.86% zinc, and 1% copper, underscoring the property’s potential for hosting an epithermal polymetallic deposit. Additionally, the presence of ultramafic rocks such as peridotite, pyroxenite, and dunite suggests potential for nickel and platinum group element (PGE) mineralization, aligning with Durango’s focus on critical metals exploration.

For more information on the Company’s entire Babine portfolio, please visit: https://durangoresourcesinc.com/projects/babine-copper-projects/ 

About Critical Metals

Critical metals are essential components in modern technologies, including renewable energy systems, defense applications, and advanced electronics. Both the United States and Canada have identified specific lists of critical minerals vital to their economic and national security. The U.S. Geological Survey’s 2022 list includes 50 critical minerals, while Canada in 2024 has designated 34 minerals as critical.

Recent geopolitical developments have heightened concerns over the supply chain security of these critical metals. China, which holds a dominant position in the production and processing of several critical minerals, has implemented export bans affecting the West. These actions underscore the strategic importance of diversifying supply chains and developing domestic sources for critical metals to mitigate geo-political risks and ensure the stability of essential industries.

Melanie Mackay, PGeo, EGBC (Engineers and Geoscientists British Columbia) 35256, APEGA (Association of Professional Engineers and Geoscientists of Alberta 305012), is a director and qualified person for Durango and approves the technical content of this news release. None of the historical information in the release has yet been verified by the Company and should not be relied upon.

About Durango

Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1) is a Canadian exploration company focused on advancing critical metals projects to support the West’s growing demand for secure and sustainable mineral supply. The Company holds a 100% interest in multiple strategically located properties, including the NMX East Gallium & Critical Metals Project near the Whabouchi lithium deposit in Québec, as well as claims in the Babine Copper-Gold Porphyry District and Troilus Gold Camp. With an experienced management and technical team, Durango is committed to unlocking new mineral discoveries and contributing to Canada’s critical minerals strategy.

For further information on Durango, please visit www.durangoresourcesinc.com and www.sedarplus.com. 

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected] 

Website: www.durangoresourcesinc.com 

Forward-Looking Statements

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements that address the upcoming work programs, and other statements relating to the business, financial and technical prospects of the Company. All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. 

Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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