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

Durango Resources Inc

<< Previous

Bullboard Posts

Next >>

Post by 2021Gambleon Mar 29, 2022 7:29am

154 Views

Post# 34554491

more drill results from the neighbor

Osisko Windfall Drilling Intercepts Wide High-Grade in Lynx

T.OSK | 28 minutes ago

58.9 g/t Au Over 14.7 Metres

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qubec.

Significant new analytical results presented below include 27 intercepts in 8 drill holes (1 from surface, 8 from underground) and 8 wedges. Infill intercepts are located inside defined January 2022 mineral resource estimate (“MRE”) blocks (see Osisko news release dated January 10,2022). Expansion intercepts are located outside the January 2022 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.

Osisko Chief Executive Officer John Burzynski commented: “The infill program at Windfall continues to intercept high-grade mineralization. Today’s wide headline hole comes from Triple Lynx wireframe 3161 which has another wide zone of 41.4 g/t Au over 9.0 metres. Infill at Underdog is also returning intercepts of over one ounce per tonne over more than two meters.”

Selected high-grade intercepts include: 58.9 g/t Au over 14.7 metres in WST-21-0996A; 41.4 g/t Au over 9.0 metres in WST-21-0928; 88.0 g/t Au over 3.0 metres in WST-21-0997; 49.8 g/t Au over 3.9 metres in WST-21-0914; 81.5 g/t Au over 2.0 metres in WST-21-0936A; and 60.0 g/t Au over 2.4 metres in OSK-W-21-2463-W3. Maps showing hole locations and full analytical results are available at www.osiskomining.com. Maps: Long Section_In EN 20220329, PR_EN_20220329_Surface, PR_EN_20220329_UG.

Infill Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
OSK-W-21-1871-W3	816.3	820.7	4.4	22.6		UDD_4101	Underdog
including	816.3	817.0	0.7	86.0
and	820.2	820.7	0.5	60.6
OSK-W-21-2463-W3	971.5	973.9	2.4	60.0	47.1	UDD_4122	Underdog
including	972.8	973.9	1.1	128	100	UDD_4122	Underdog
OSK-W-21-2544-W1	791.7	794.0	2.3	4.13		TLX_3184	Triple Lynx
including	791.7	792.0	0.3	11.6		TLX_3184	Triple Lynx
	797.7	800.0	2.3	12.2		TLX_3159	Lynx HW
including	798.3	798.9	0.6	45.3		TLX_3159	Lynx HW
OSK-W-21-2599	702.8	705.8	3.0	4.83		CA2_2208	Caribou
including	702.8	703.5	0.7	16.6		CA2_2208	Caribou
WST-21-0914	250.1	254.0	3.9	49.8	46.3	LSW_3500	Lynx SW
including	250.1	250.4	0.3	146	100	LSW_3500	Lynx SW
WST-21-0928	273.1	282.1	9.0	41.4	33.0	TLX_3161	Triple Lynx
including	275.8	277.1	1.3	155	96.5	TLX_3161	Triple Lynx
WST-21-0936A	527.0	529.0	2.0	81.5	25.2	LX4_3450	Lynx 4
including	527.8	528.3	0.5	325	100	LX4_3450	Lynx 4
WST-21-0996A	146.3	161.0	14.7	58.9	32.2	TLX_3161	Triple Lynx
including	150.6	151.3	0.7	650	100	TLX_3161	Triple Lynx
WST-21-0997	589.0	592.0	3.0	88.0	43.0	LX4_3430	Lynx 4
including	589.7	590.7	1.0	235	100	LX4_3430	Lynx 4
WST-22-1000	166.0	168.1	2.1	5.82		TLX_3163	Triple Lynx
including	167.2	167.7	0.5	22.1		TLX_3163	Triple Lynx
	232.8	235.0	2.2	5.09		TLX_3169	Triple Lynx
	256.4	258.6	2.2	4.43		TLX_3175	Triple Lynx
including	256.4	256.9	0.5	18.1		TLX_3175	Triple Lynx
	372.3	374.5	2.2	4.03		TLX_3191	Triple Lynx
including	373.7	374.5	0.8	9.19		TLX_3191	Triple Lynx
WST-22-1001	503.4	506.3	2.9	6.60		LX4_3404	Lynx 4
including	505.5	505.8	0.3	19.5		LX4_3404	Lynx 4
WST-22-1006	186.8	189.0	2.2	35.6	14.8	TLX_3121	Triple Lynx
including	186.8	187.1	0.3	252	100	TLX_3121	Triple Lynx
	512.0	518.3	6.3	9.22		LX4_3404	Lynx 4
including	512.3	513.5	1.2	25.7
and	517.8	518.3	0.5	39.4

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See "Quality Control and Reporting Protocols" below. CA2= Caribou 2, LX4 = Lynx 4, LSW = Lynx Southwest, TLX = Triple Lynx and UDD=Underdog.

Expansion Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
OSK-W-21-2540-W3	1280.0	1282.0	2.0	17.7		LX4	Lynx 4
including	1281.4	1282.0	0.6	58.6		LX4	Lynx 4
OSK-W-21-2540-W9	1192.0	1194.0	2.0	3.68		LX4	Lynx 4
	1202.0	1208.0	6.0	7.68		LX4	Lynx 4
including	1207.0	1208.0	1.0	32.9		LX4	Lynx 4
	1230.0	1232.0	2.0	15.3		LX4	Lynx 4
	1282.7	1287.8	5.1	4.94		LX4	Lynx 4
including	1287.0	1287.8	0.8	19.3		LX4	Lynx 4
OSK-W-21-2646-W1	1067.0	1070.0	3.0	3.95		TLX	Triple Lynx
OSK-W-22-2540-W12	867.4	869.5	2.1	6.29		LNX	Lynx
including	868.4	868.7	0.3	39.5		LNX	Lynx
OSK-W-22-2540-W13	879.5	881.8	2.3	7.40		LNX	Lynx
including	879.5	880.4	0.9	18.8		LNX	Lynx
	940.0	942.0	2.0	6.01		TLX	Triple Lynx
including	940.0	940.5	0.5	23.3		TLX	Triple Lynx
WST-22-1006	609.0	611.1	2.1	8.40		LX4	Lynx 4
including	609.9	610.6	0.7	24.8		LX4	Lynx 4

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See "Quality Control and Reporting Protocols" below., LNX = Lynx, LX4 = Lynx 4 and TLX = Triple Lynx.

Drill hole location

Hole Number	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation	Section
OSK-W-21-1871-W3	331	-56	906	452496	5434397	402	2475
OSK-W-21-2463-W3	339	-65	1299	452617	5434447	402	2600
OSK-W-21-2540-W3	117	-60	1470	453465	5435640	410	3925
OSK-W-21-2540-W9	117	-60	1349	453465	5435640	410	3925
OSK-W-21-2544-W1	128	-50	1140	452960	5435539	419	3425
OSK-W-21-2599	328	-62	774	452787	5434526	397	2800
OSK-W-21-2646-W1	109	-58	1236	453326	5435648	413	3800
OSK-W-22-2540-W12	117	-60	885	453465	5435640	410	3925
OSK-W-22-2540-W13	117	-60	911	453465	5435640	410	3925
WST-21-0914	148	-59	502	453105	5435066	231	3325
WST-21-0928	154	-70	391	453507	5435327	-7	3800
WST-21-0936A	137	-48	570	453257	5435209	96	3525
WST-21-0996A	143	-45	427	453358	5435297	-149	3675
WST-21-0997	119	-45	640	453506	5435326	-90	3800
WST-22-1000	139	-45	447	453359	5435297	-149	3675
WST-22-1001	124	-46	637	453506	5435326	-90	3800
WST-22-1006	122	-45	610	453506	5435326	-90	3800

Caribou Zone
Mineralization most commonly occurs in gold-bearing pyrite stockworks as well as semi-massive pyrite replacement zones associated with phyllic alteration (sericite-pyrite ± silica) with sulphides, pyrite dominated with minor chalcopyrite and sphalerite ranging from trace to up to 20%, and local visible gold. Mineralization is hosted in rhyolites or mafic-intermediate volcanics frequently at or near faults or the contact with felsic porphyritic intrusions.

Lynx Zone
Mineralization occurs as grey to translucent quartz-carbonate-pyrite-tourmaline veins and pyrite replacement zones and stockworks. Vein-type mineralization is associated with haloes of pervasive sericite-pyrite ± silica alteration and contain sulphides (predominantly pyrite with minor amounts of chalcopyrite, sphalerite, galena, arsenopyrite, and pyrrhotite) and local visible gold. Replacement mineralization is associated with strong pervasive silica-sericite-ankerite ± tourmaline alteration and contains disseminated pyrite from trace to 80% with local visible gold. Pyrite stockworks can form envelopes that reach several tens of metres in thickness. Fuchsite alteration is common and is spatially constrained to near the gabbros. Mineralization occurs at or near geological contacts between felsic porphyritic or fragmental intrusions and the host rhyolites or gabbros and locally can be hosted along the gabbro-rhyolite contact.

Underdog
Mineralization most commonly occurs in gold-bearing quartz-pyrite (± tourmaline) veins and as disseminated, stringer, semi-massive to massive pyrite with minor sphalerite, chalcopyrite and molybdenite associated with strong sericite and silica alteration. Mineralization is hosted along the intrusive contacts of a three-phase composite felsic porphyritic unit which cross-cuts felsic and mafic volcanic sequences.

Qualified Person
The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Director of Exploration for Osisko's Windfall gold project, who is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

Quality Control and Reporting Protocols
Truewidthdeterminationisestimatedat55-80%ofthereportedcorelengthintervalforthezone.Assaysareuncutexceptwhere indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.5 g/t Au diluted over core lengths of at least 2.0 metres. NQ core assays were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d'Or, Qubec, Vancouver, British Colombia, Lima, Peru or Vientiane, Laos (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control ("QA/QC") and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.