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Durango Resources Inc V.DGO

Alternate Symbol(s):  ATOXF

Durango Resources Inc. is a Canada-based natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake and Troilus gold camps in the Abitibi region of Quebec, Canada. It holds approximately 9,500 hectares (ha) in the Windfall Lake exploration camp area located in the Urban Barry greenstone belt. Its Discovery Property is located approximately 100 kilometers (km) north of Chibougamau, Quebec, and is approximately 60 km southwest of the past producing Troilus Mine. Its Mayner's Fortune limestone property is located in the Skeena Mining Division approximately 7.5 km southwest of Terrace, B.C. and four km west of Lakelse Lake on Lakelse River. The Company's NMX East property is adjacent to the Whabouchi Lithium Deposit and Hydromet Plant Project. The Company's other properties include Decouverte claims and Trove claims.


TSXV:DGO - Post by User

Bullboard Posts
Comment by muchogustoon May 15, 2018 3:35am
130 Views
Post# 28030731

RE:RE:goldcorp knows where to dig

RE:RE:goldcorp knows where to digYES, and also Osisko. So, it could be worth a thought, take the money of BTR shares and buying a promising claim in the province of Grenville to participate in the Zinc and Graphite run. It's totally unclear, if the MillerMine will get back on track again (and so Buckshot).

Waiting for more till sampling results of the northern blocks at Windfall Lake!

In late November 2017 the exploration team managed to obtain 50 till/soil samples obtained from Durangos northern blocks which neighbour Osisko Mining Inc. (TSX-OSK). These claims were deemed priority due to being cut by crosscutting fault systems striking toward the Windfall Lake main mineralized system.

Could be a game changer IMHO. If good then a quick drill program should follow and I believe OSK is always taking a look.
GLTA...

... correction...financial Report data SEDAR 28March18
The Company has a cash balance of $1,104,648 and GST/QST recoverable of $21,612 and working capital of $1,105,332 as at January 31, 2018. Additionally $150,000 got in from Bonterra in April 2018.
So, DGO is looking pretty serious for me...

IMHO they can act quickly with 1) drill programs at Mayner's Fortune, Dianna Lake

2) Option an additional Claim for Graphite and Zinc (e.g.in the province of Grenville)

Let's see what Marcy is doing besides this very informative articles about the development of adjacent properties *smile* GLTA
Bullboard Posts