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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 juneau103on Feb 02, 2022 9:55am
354 Views
Post# 34388719

Finally, something to actually talk about!

Finally, something to actually talk about!

The Whabouchi lithium deposit is a combined open-pit and underground mining project in the James Bay area of Quebec, Canada. Nemaska Lithium fully owns the Whabouchi project, which is considered to be the world’s second richest and biggest deposit with 27.3Mt of proven and probable reserves.

Environmental permit for the lithium project was awarded in July 2015 by the Canadian Minister of Environment. Construction is anticipated to begin in 2015, while commercial production is expected to start in 2017.

J 103 This may be worth .055! A SHOT @ 
something .......

 

The mine is expected to produce 5.5Mt of spodumene concentrate at a rate of 213,000 tonnes a year (t/y) during its estimated 26-year mine life.

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