(TheNewswire)
Vancouver, BC / TheNewswire / September 7, 2018 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB-ATOXF), (the "Company" or "Durango") reports that further to the news release of July 31, 2018, most of the assays are in for the drilling program of the Main Zone at the Découverte Property.
The 2,400 metre diamond-core drilling program was focused on only one of six targets that were delineated through several rounds of geophysical and geochemical surveys on the Découverte property. Sixteen drill holes were aimed at eight conductors across a kilometer strike length in the target called the Main Zone. The conductors in drill core were graphitic schists with sulphides and quartz veining. Assay results of drill core indicate these conductors do not represent mineralized bodies of economic gold grades.
Marcy Kiesman, President of Durango states, “We approached the Découverte drilling by drilling the target with easy road access. The additional five targets remain undrilled and additional surface rock sampling is ongoing at these targets.”
Danae Voormeij, Chief Geologist states: “Although the results of the drilling are disappointing, the drill targets in the Main Zone were based on solid exploration targeting in an emerging gold district. The drilling program taught us much about the local geology and this info is being used towards refining the geological model for Découverte.”
Core samples were shipped to ALS laboratory in Val d’Or and assayed for gold by fire assay and ICP-AES. Further analysis for multi-elements was done by aqua regia digest and ICP-AES.
The technical information contained in this News Release was prepared by Danae Voormeij, MSc, P.Geo., Chief Geologist of the drilling program and qualified person under regulations set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects and in CIM’s Definition Standards.
The technical information contained in this News Release was prepared by Danae Voormeij, MSc, P.Geo., Chief Geologist of the drilling program and “qualified person” under regulations set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects and in CIM’s Definition Standards.
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, commencement and completion of exploration, positive assay results and 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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