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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 knoxton Oct 07, 2021 9:10am
305 Views
Post# 33979154

Over 40g/t Gold at Discovery Site Visit

Over 40g/t Gold at Discovery Site Visit
 
Durango Grabs Over 40g/t Gold at Discovery Site Visit

 

07 Oct 202109:03 ET  

TheNewswire.ca

 

(via TheNewswire)

Vancouver, BC - TheNewswire - Oct 7, 2021 - Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the "Company" or "Durango") announces that a recent site visit was completed on the wholly owned Discovery Property in Quebec to ensure road access to an area of interest.

While at the site, two rock samples were selected from two separate channels, in attempt to confirm/duplicate previous gold results in the area (each channel returned 6.2 g/t Au and 7.6 g/t Au in a 2014 exploration campaign). The samples were collected 36 meters apart and were sent in for gold assay. Both samples returned anomalous gold values as seen below:

 ----------------------------------------------- |No.|Sample ID|Sample mass in kg|FA-GRV Au g/t| |---------------------------------------------| |1 |55651 |0.862 |41.16 | |---------------------------------------------| |2 |55652 |0.926 |46.64 | ----------------------------------------------- 

Marcy Kiesman, CEO of Durango stated, "The Discovery Property samples were taken from an area which previously returned gold assays at surface in quartz veining hosted in basalt. After researching the Kenorland Minerals Limited (TSX.V-KLD) Frotet grassroots discovery of 8.47g/t Au over 29m in 2020, our exploration crew completed a follow up visit in an area with geological similarities. The recent assays of over 40 g/t gold at surface has prompted Durango to initiate a crew to strip the area and conduct further channeling while weather permits."

The Discovery Property is located on strike to the southwest of the past producing Troilus Gold mine and neighbours Troilus Gold Corp. ("Troilus") (TSX-TLG). The Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure. The Property has great road access from the Route du Nord.

Note: the reader is cautioned that grab rock samples are selective by nature and may not represent the true grade or style of mineralization across the Property.

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101.

 

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