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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

Post by etceteraon Jan 08, 2021 9:34am
221 Views
Post# 32252744

Durango Drill on Site at East Barry, Windfall Lake

Durango Drill on Site at East Barry, Windfall Lake

Vancouver, BC - TheNewswire - January 8, 2021 –

Durango Resources Inc.
(TSXV-DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango”) is pleased to announce that further to the news release of December 18, 2020, the drill and team from Faubert & Fils Inc. has arrived on site on its wholly owned East Barry property at Windfall Lake, Qubec.

 

East Barry Property

Further to the news release of November 19, 2020, Durango has received drill permits for the East Barry claim block to test high priority targets coincident with high till anomalies of up to 2.19 g/t gold and pristine gold grains in till trend.  

Now that weather conditions are favourable for access, a winter road has recently been built and a drill is on site at the East Barry Property.

The drilling is scheduled to begin on January 11th with two exploration holes on the East Barry Property budgeted for depths of approximately 750m each.

 

Trove Property

 

To date, 2,100m has been drilled over nine holes on the Trove Property at an average depth of 233m.  

Drilling on the Trove Property stopped before Christmas and Durango’s exploration crew has not been back to Windfall Lake yet in 2021 due to the Qubec government Covid-19 restrictions.

The Association de l’exploration Miniere du Qubec (“AEMQ”) announced on January 6, 2021 that the government has made the decision to maintain mining activities, allowing exploration to continue in Qubec.

 

Durango’s high priority targets on the Trove Property were not drilled in 2020 due the inaccessibility because of the warm weather, however the roads have since been packed and frozen which will now allow drill access to the high priority drill hole targets.

Durango has 20 high priority holes planned for drilling on the Trove Property, between 200 and 800 meters deep, which are expected to commence promptly after the holes at Easy Barry have been drilled.

 

Marcy Kiesman, CEO of Durango, stated, “With the warm weather now behind us, Durango is now able to continue with our inaugural drill campaign on the Trove and East Barry Properties.

We are drilling in one of the best regions in Canada to find gold, we are fully financed and look forward to drilling throughout the first quarter of 2021.

We anticipate an exciting year ahead for Durango and creating value for our shareholders.”<

https://www.thenewswire.com/press-releases/1AJ6Fgxbp-durango-drill-on-site-at-east-barry-windfall-lake.html


 

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