Durango Assesses Mayner's Fortune Limestone Property In BC (via TheNewswire)
Vancouver, BC / TheNewswire / November 2, 2017 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") recently completed a site visit to its wholly owned Mayner's Fortune Limestone project in northern British Columbia to prepare for an expected drill campaign.
The property is located approximately 7.5km southwest of Terrace, BC along the Canadian National Railway route between Terrace and Kitimat and hosts six historically mapped sub parallel limestone units. The crew visited limestone units #1, 4, 5 and 6 during its recent visit to the 375-hectare property. The purpose of the visit was to take structural measurements and evaluate targets for a potential drill program.
Durango has now received a preliminary report which includes a recommended drill program for limestone unit #5 based on the lithological defined contacts between the limestone, the intrusive units and dikes to prove up limestone tonnage and consistency. A program of approximately 1,100 meters has been recommended for the #5 limestone unit.
Historical reports state limestone unit #5 is expected to host the lowest purity of calcium carbonate due to the nearby dikes and intrusive units, however recent visits show that 62% of the samples taken are composed by high purity limestone superior to 96.3%. Unit #5 measures 1.6km long and Durango is interested in determining the calcium carbonate levels at depth to gain an understanding of the potential size of unit #5. Once the drilling is completed a tonnage can be estimated for unit #5 and then Durango plans to drill limestone units #1 and #3 which are known to be high quality and a generous size.
Historical reports of the Mayner's occurrence (unit #1 in the series of limestone beds), stated the size measurements at surface of "108m x 30m" and while visiting the property recently the Durango geological team assessed and measured two separate sections observed along the railway being:
Historical "inferred reserves for the 10 mile zone measured 454,000 tonnes grading 96.3% limestone" * which seems probable based on the observations from the recent site visit. Representative samples taken from outcrop sections of the Mayner's Fortune occurrence from the recent visit assayed calcium carbonate levels at 97.6%.
The technical contents of this release were approved by George Yordanov, P.Geo, an independent qualified person as defined by National Instrument 43-101. The property has not yet been the subject of a National Instrument 43-101 report.