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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 Troilus gold camp and in the Windfall Lake gold camp in the Abitibi region of Quebec, Canada. It has 100% ownership of the Mayner’s Fortune claims in British Columbia. The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometers (km) southwest of Terrace, British Columbia. Its 100%-owned NMX East property is adjacent to the Whabouchi Lithium Deposit and Hydromet Plant Project. It owns land packages in the Babine copper-gold district of west-central British Columbia. The Company has a 100% interest in the Decouverte Property situated in Quebec. Its Discovery Property is located about 100 km north of Chibougamau, Quebec. It holds about 9,500 hectares in the Windfall Lake exploration camp area.


TSXV:DGO - Post by User

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Comment by muchogustoon Jan 28, 2018 5:43am
145 Views
Post# 27449033

RE:RE:RE:anyone hear talk about DGO in talks with BTR ?

RE:RE:RE:anyone hear talk about DGO in talks with BTR ?
IMHO DGO is the cheapest company in the Windfall hot spot with clever diversified properties beyond that.
And if there are further discussions ongoing between DGO and BTR (will never let go this property with OSK in their neck IMHO) this could (must?) lead to the final act...?

OCTOBER 2017 Release : DURANGO ISSUES UPDATE ON WINDFALL LAKE EXPLORATION PROGRAM

A consulting team has recently visited Durango Resources Inc.'s Windfall Lake area to prepare for an exploration program in the Windfall Lake area.

Durango expects to complete an expedited exploration program on the 8,653 hectares in the Windfall Lake exploration camp area located in the Urban Barry greenstone belt, and has mandated a consultant to compile all geological work in the area and to visit the property to verify access to the claim blocks. The consultant has also been instructed to present an exploration program to Durango demonstrating the priority of the properties in the area.



After the recent visit, the consultant confirms that the properties are easily accessible via a gravel road that originates from Lebel Sur-Quevillon. The properties are traversed by many secondary logging roads which will facilitate the access to the areas for soil and till sampling, the induced polarization survey, and geological mapping for future exploration work.



Durango's claim blocks in the west, north and northwest group are crosscut by important northwest-southeast structures which extend to the mineralized areas of Windfall Lake.



Durango's claim block in the east is situated along a major fault system holding many important anomalies and showings.

The proposed exploration program on the blocks will follow the precedents and guidance that have been made from a large explorer in the immediate area which has had exploration success. The following have been proposed to Durango by the consultant:

1. Reconnaissance of area will give opportunity to identify all access needed to perform an effective exploration program;

2. Till sampling of each claim block to identify gold trend anomalies;

3. Soil sampling;

4. IP (induced polarization) survey;

5. Every claim block will be geologically mapped and sampled;

6. All till anomalies will be interpreted to identify gold sources;

7. Any significant IP anomalies will be drilled.

On March 29, 2017, Durango optioned 1,242 hectares of its 100-per-cent-owned 9,895 hectares in the Windfall camp area to Bonterra Resources Inc.

In that regard, it would be a surprise, if DGO and BTR are not in close discussions...but that's my opinion. take care and do your own DD.

Nice sunday.
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