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Bullboard - Stock Discussion Forum 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... see more

TSXV:DGO - Post Discussion

Durango Resources Inc > Drilling and associated costs to date
View:
Post by juneau103 on Feb 18, 2021 9:31am

Drilling and associated costs to date

Trove         3400 meters 
East Barry 1969  meters

Total          5369 meters @ an average of $275 all in costs = $1.476 M spent to date 
on the maiden voyage...of the SS Durango 

This is a good sign, " So far, the majority of the mineralized sections were encountered within 200 meters below surface, with some exceptions encountering mineralization at depths of 300m and more."

J 103 Will draw good information from shallow, keep BTR interested.....thats the key to this play!  
Comment by BlueChipBilly on Feb 18, 2021 10:00am
agree juneau. Fingers crossed! also glad to see the ladies getting with the program to promote this thing stock market is so hot need to get the message out
Comment by alleyesonme on Feb 18, 2021 11:10am
120000 USD over 3 months for investor relations is way over priced. 5 to 10 000 is more the going rate. Plans to raise additional funds already. Cash burn much higher than I was expecting. Not happy.
Comment by alleyesonme on Feb 18, 2021 11:26am
First they need to prove the ground with drill results. This should be priority number 1. Marketing ground with no results is pointless. Investors want proven ground. unbelievably backwards. C'mon seriously. They might as well just of taken 120 k USD and dumped it over the bonfire at camp.