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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

Bullboard Posts
Post by muchogustoon Mar 12, 2018 8:05am
147 Views
Post# 27699255

Mayner's Fortune & NMX East

Mayner's Fortune & NMX East
Some interesting Details about DGOs direction of doing Mineral business...

LIMESTONE:

4 days ago an optimistic article has been released on business.financialpost.com about the possiblity of a fast decision about Shells LNG Projects..."Shell chief executive Ben van Beurden says the company is looking to finalize new investments, which may include the company's LNG Canada project."

(Hard Rock-)Lithium:

Nemaska Lithium reported on 9thJan2018: "With more than a year of experience in building, commissioning and operating the Hydromet Phase 1 Plant in Shawinigan and the production of over 1,050 t of above 6% spodumene concentrate from a bulk sample at the Whabouchi Mine, our confidence in the process at both the Mine and Hydromet Plant has increased and we believe our project is significantly de-risked. As well, the updated resource block model following the 2016 and 2017 drilling campaign has allowed us to increase the Whabouchi mine life from 26 to 33 years," said Guy Bourassa, President and CEO of Nemaska Lithium. "

Bourassa continued, "We have been actively engaged on project financing for several months and are now at the stage of confirmatory due diligence with numerous groups interested in participating in the financing of the Project. Given the alternatives being evaluated, we are confident that the Project financing will be completed during the current quarter."

I recommend listen to this Agoracom interview to get important details about DGOs Mayners Fortune limestone and NMX East.

https://www.youtube.com/watch?v=F_uaTQ9vtSc

Bullboard Posts