https://themarketherald.ca/durango-resources-tsxvdgo-prepares-for-exploration-at-its-discovery-property-2021-05-21/
- Durango Resources (DGO) has deployed a field crew to prepare for an exploration program on its wholly-owned Discovery property
- Durango’s Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure
- Durango has recently obtained permits for 15 exploration drill holes on the Discovery property
- Durango is a natural resources company engaged in the acquisition and exploration of mineral properties
- Durango Resources Inc. (DGO) opened trading at C$0.08 per share
Durango Resources (DGO) has deployed a field crew to prepare for an exploration program on its wholly-owned Discovery property.
Durango’s Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure. The property has road access from the Route du Nord and is easily accessible.
Durango has recently obtained permits for 15 exploration drill holes on the Discovery property which are scheduled to expire on March 31, 2022.
Durango CEO, Marcy Kiesman, stated,
“Durango is planning to follow up on previous 6.2 and 7.6 g/t gold surface grab samples on its Discovery property and has deployed a crew to prepare for an exploration program. Durango looks forward to an exciting year of exploration and discovery on its projects, as well as receiving the assay results from the Windfall Lake drill program, which remains delayed due to the impacts of the COVID-19 pandemic.”
Discovery (Dcouverte), Qubec
Durango owns 100% interest in the Discovery claims, which are adjacent Osisko Mining Inc. (TSX-OSK) and are 60km away from Troilus Gold Inc.’s past-producing mine. The claims are located 100km away from Chibougamau, Qubec in the Frotet Evans greenstone belt with year-round road access from the Route Nord. The 6,700-hectare property is compelling due to the structurally important south-dipping synclinal fold nose deformed by a northwest fault zone and northeast structures.
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The company has a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Qubec.