(TheNewswire)
Vancouver, BC / TheNewswire / July 9, 2018 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB-ATOXF), (the "Company" or "Durango") is pleased to report that further to the news release of July 4, 2018, Chibougamau Diamond Drilling and Durango’s exploration team have arrived on site at the Company’s wholly owned Découverte Gold Property located 120km north of Chibougamau, Québec.
Durango’s President Marcy Kiesman states: “The permits are in place and the crews have arrived on site at the nearby camp Chatillon. We are excited to get the drills turning at Découverte and will provide further updates as they become available.”
Découverte is an orogenic gold quartz vein project located along the main shear trend of the Frotet-Troilus greenstone belt, north of Chibougamau in the emerging gold district of James Bay. The project area is 60km2, is 100%-held by Durango, and has never been drilled before. Durango has been preparing for this drill program for several years, having completed a Fugro DIGHEM heli-borne survey, soil & rock sampling, and ground geophysical magnetic & AMT surveys. Based on positive results, a geological model was created that includes a gold-mineralized trend for the Main Zone that has a 1.6 km strike length.
Drilling is scheduled to commence this week and the program is for 2,400 meters of diamond core drilling to test the Main Zone Nord, Main Zone Central and Shear Zone 1 at Découverte. See news release dated January 16, 2018 for details on the proposed drill program.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Découverte and Windfall gold properties in the Abitibi Region of Québec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Québec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, the Dianna Lake silver project in northern Saskatchewan, and the Mayner’s Fortune limestone property in northwest British Columbia.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
George Aizpurua, VP of Communications
First Canadian Capital Corp.
Telephone: 416.742.5600 or 647.500.2389
Email: gaizpurua@firstcanadiancapital.com
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward-looking information based on current expectations and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, forest fires and other extreme weather events, commencement and completion of exploration, raising additional capital for exploration expenditures, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to its prospectus filed on its SEDAR profile at www.sedar.com.
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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