Mayner's Fortune, BC

The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, B.C. and 4 kilometres west of Lakelse Lake on Lakelse River. The property has logging road access and the Canadian National Railway cuts through the property along its route between Terrace and Kitimat.

The area of interest at Mayner’s Fortune consists of a two kilometre thick metasedimentary sequence hosting six sub-parallel N to NE-striking limestone units of variable thickness.

Durango has received permit approval from the British Columbia Ministry of Energy, Mines and Petroleum Resources for its bulk tonnage application on the Mayner’s Fortune Limestone Project in northern B.C. The bulk tonnage permit will allow Durango to determine the volume and quality of limestone unit #5 and provide an understanding of the potential tonnage for the unit. Unit #5 has been measured at 1.6km long and Durango is interested in determining the calcium carbonate levels at depth. Limestone units #1 and #3 are already known to be of high quality and generous size.

Limestone unit #1 has an historical inferred reserves for the 10-mile zone measured 454,000 tonnes grading 96.3 per cent limestone, which seems probable based on the observations from the 2017 site visit. Representative samples taken from outcrop sections of the Mayner’s Fortune occurrence assayed calcium carbonate levels at 97.6%. Additional assays in the area have returned calcium carbonate levels up to 99.9% at surface.

The technical contents of this page were approved by George Yordanov, PGeo, an independent qualified person as defined by National Instrument 43-101. The property has not yet been the subject of an NI 43-101 report.