DGO - very comfortable mix
Hey longs on DGO...really good news in the recent weeks..
TROVE is ready for drilling (once a PP is closed) The proposed drill program comprises3,025 metres to be drilled in 25 diamond drill holes on the 15 high-priority targets.The targets for mineralization are located at depths between 50 metres and 100 metres below surface so drill holes will have an average length of 120 metres. Similarities in the geological, geochemical and geophysical signatures are extremely encouraging for the upcoming drilling campaign.
Work plan for 2019 (Windfall-Barry):
Equity raise of $750,000 to drill test targets (up to 3,025 metres); Trench/sample and geological map the property on a larger scale.
Marcy Kiesman, chief executive officer of Durango, stated: "We are very pleased to now have 15 high-priority targets in similar geological settings and potential extensions of the Bonterra and Osisko deposits. The anomalies identified in the airborne magnetics survey, coupled with the chargeability and resistivity anomalies in the recent IP surveys, has generated compelling drill targets. Adding these to the occurrence of gold found in till samples near the anomalies and major regional faults (potential controls to mineralization) well delineated by the geophysical surveys on the Trove property indicates that Trove may prove to be a company builder for Durango shareholders."
Mayners Fortune is ready for bulk sampling
Marcy Kiesman, CEO of Durango stated, "We were pleasantly surprised to discover the new additional limestone showings. Recent logging in the area has made exploring the newly acquired portion of the Mayner's Fortune property very successful with easy road access. Our goal of demonstrating large scale potential at Mayner's is becoming more attainable with the new showings on the expanded property. The identification of new limestone beds and possible extension of the Hal showing greatly enhances the potential for the Mayner's Fortune Property."
Fifteen rock samples were obtained and submitted for analysis to Act Labs in Kamloops. Additional details will be released as they become available.
So...one surprising issue left COBALT:
- Durango increased its landholdings around a newly identified cobalt prospect in Northern Saskatchewan surrounding its Dianna Lake silver and copper property where the latest work program returned grab samples with highest results ranging from 951 g/t to 6,010 g/t Ag (silver) and 736 g/t Co (cobalt) at surface. Grab samples are selective by nature and may not be representative of the mineralization hosted on the property. Additionally, high grade channel samples reaching up to 4.21% Cu (copper) were returned from a 50cm by 5cm channel sample obtained at surface.
GLTA