Durango Sells Yukon Strike Claims
Durango Sells Yukon Strike Claims
(via Thenewswire.ca)
July 29, 2013 - Durango Resources Inc. (the "Company") announces that it has entered into an agreement to sell its 100 per cent interest in the Strike 101-114 claims in Canada's Yukon Territory to Goldstrike Resources Ltd. (Goldstrike). The Strike claims are contiguous to Goldstrike's Lucky Strike Property, located approximately 15km east of Kinross's Golden Saddle deposit.
Under the agreement with Goldstrike, Durango has agreed to sell 14 claims for $5,000 cash and the issuance of 175,000 common shares of Goldstrike subject to TSX Venture Exchange approval.
Durango's President Marcy Kiesman stated, "Durango is continuing to review its asset portfolio in an effort to focus on the most viable projects to increase shareholder value. I believe the Strike 101-114 claims will be a good fit for Goldstrike and I wish them every success on their summer work program."
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mining/exploration properties, mainly for gold and other precious metals. The Company has a 100% undivided interest in the McGillivray and KO Properties in British Columbia, the Sol Riche and Tresor Nord/Sud REE properties in Montviel Township in Quebec, the Trove and Descouverte gold properties in the Abitibi of Quebec, the Montpellier and St. Sixte graphite properties in the Grenville region of Quebec, and the Stubble gold property in Saskatchewan.
For further information on Durango, please refer to www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.696.1111
Facsimile: 888.266.3983