Durango Assays As High As 3.9 gpt Gold, 3430 gpt (110 oz/t) Silver, 8.86% Zinc

On Feb 25, 2025

VANCOUVER, BRITISH COLUMBIA – February 25, 2025 (NEWMEDIAWIRE) – Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1) (“Durango” or the “Company“) is pleased to share promising new results from exploration work on the Company’s 100% owned Babine South silver-zinc-copper exploration project located in the Babine Porphyry Belt north of Smithers, British Columbia (the “Property”).

The Property covers two mineral claims, is approximately 470 hectares in size (see Figure 1), and hosts past producing silver adits from the 1920s to 1930s. The work history reports 94 kilograms of silver being produced from a trench, while two adits were completed to intersect the mineralization and a vein with silver rich galena was reported at 122 meters. One rock sample collected in 1991 reported 0.5% antimony along with 0.79% copper, 26.3% lead, 28.9% zinc, and 10.1 oz/t silver (Geological Assessment Report 21284).

The area is underlain by Cache Creek Group greenstone where mineralization seems to occur in quartz-carbonate veins and shears within foliated greenstone (amphibolite). Historically, the mineralization consists of argentiferous galena, sphalerite, tetrahedrite, argentite, chalcopyrite, native silver, pyrrhotite and pyrite. Tetrahedrite is an antimony rich mineral. The region also contains ultramafic rocks, such as peridotite, pyroxenite, and dunite which are rock types that can host nickel and platinum group element (“PGE”) mineralization.

Figure 1. Location of Durango’s Babine South Property Sampling

A field mapping and sampling program was completed in the fall of 2024 and seven (7) samples were collected from outcrop and float/scree in this program. The sampling included returns as high as 3.39 grams per ton (“gpt”) gold, 1% copper, 3430 gpt or 110.3 oz/t silver, 8.04% lead, and 8.86% zinc.

Samples underwent fire assay and ICP-OES and/or ICP-MS multi-element analysis. Table 1 below summarizes sample locations, lithology and assays. The sampling program was concentrated in the southern portion of the claim and the claim boundary has been expanded to the north since the surface sampling program was completed. Marked as white dots on Figure 1, all samples returned anomalous results from Babine South as detailed below:

– 24END001 Quartz carbonate w chalcopyrite & galena (outcrop) 143 gpt or 4.6 oz/t Ag, 0.28% Cu, 0.89% Pb, 1.26% Zn

– 24END002 Quartz w chalcopyrite (float) 3.39 gpt Au, 3090 gpt or 99.4 oz/t Ag, 0.86% Cu, 8.04% Pb, 8.86% Zn

– 24END003 Rusty quartz w chalcopyrite & galena (float) 300 gpt or 9.6 oz/t Ag, 0.38% Cu, 2.26% Pb, 2.41% Cu

– 24END004 Diorite w rusty quartz carbonate (tailings float) 3370 gpt or 108.4 oz/t Ag, 0.3% Cu, 3.44% Pb, 1.73% Zn

– 24END005 Diorite w small quartz stringers (outcrop) 3430 gpt or 110.3 oz/t Ag, 1% Cu, 7.95% Pb, 8.34% Zn

– 24END006 Rusty vuggy quartz with chalcopyrite (float) 89 gpt or 2.9 oz/t Ag, 0.44% Cu, 3.20 Pb, 1.73% Zn

– 24END007 Rusty quartz with chalcopyrite (outcrop) 3180 gpt or 102.3 oz/t Ag, 0.74% Cu, 6.98% Pb, 3.03% Zn

Table 1. Babine South field rock samples assay summary

Full assay results can be reviewed on our website at: Durango Resources Inc. – Babine Copper Projects

Geological and Technical Interpretations and Future Plans

The Company believes that the exceptional silver grades at Babine South indicate the potential for an epithermal polymetallic deposit. These deposits form when hot, acidic fluids from volcanic activity mix with groundwater at shallow depths, leading to the concentration of valuable minerals. Epithermal deposits are known for their high silver grades and are often associated with gold, lead, zinc, and copper, enhancing their economic potential.

The Company now has several options at its disposal to advance the project. These include:

– Complete detailed surface geological mapping, trenching, and/or sampling.

– Locate historic adits and complete additional and detailed sampling and/or trenching.

– Backpack drill identified areas of interest.

Marcy Kiesman, CEO of Durango Resources, commented, “We are pleased with these positive results, which appear to complement the historical work completed on the Babine South property. The findings suggest that Babine South may also host a PGE-style mineralized system, aligning well with our focus on critical metals. With the increasing global demand for gold, silver, zinc, and copper, we believe this project holds promising potential for our shareholders.”

About the Babine South Silver Zinc Project

Durango’s Babine South property covers two mineral claims and is approximately 470 hectares. The geology of the Babine South project area includes phyllite, marble and dioritic and monzonitic volcanic rocks. The region also includes ultramafic rocks, such as peridotite, pyroxenite, and dunite…

Durango Assays As High As 3.9 gpt Gold, 3430 gpt (110 oz/t) Silver, 8.86% Zinc

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