Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Completes Site Visits to NMX East
View:
Post by juneau103 on Apr 12, 2022 9:19am

Completes Site Visits to NMX East

Vancouver, BC - TheNewswire - April 12, 2022 - Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the " Company " or " Durango ") announces that further to the news of March 17, 2022, the Company has completed a site visit to its wholly owned NMX East Property and Discovery Property in Quebec . 

The Company's NMX East lithium property neighbours Nemaska Lithium's Whabouchi Deposit located approximately 33km east of the town of Nemaska in northern Quebec . Durango's NMX East property adjoins Nemaska Lithium's eastern property perimeter, and the Durango claim border is less than 1.5km away from the Whabouchi mining pit which is cited to be the world's second richest spodumene deposit hosting over 27Mt of proven and probable reserves. 

Durango completed a limited reconnaissance program on the NMX East property in late March in preparation for drill testing the lithium bearing pegmatite occurrences below the surface which is planned to take place in the summer of 2022. The small crew was commissioned with determining access and obtaining surface samples as the weather permitted. Despite the deep snow cover, the crew was able to complete an exploratory backpack drill hole of approximately one meter of the surface pegmatite which has been sent for analysis to Loring Laboratories in Calgary, Alberta. 

Marcy Kiesman, CEO stated, "Durango is pleased that our exploration crew was able to obtain rock samples from both the NMX East Property and the Discovery Property which will enable us to catch a glimpse of what is transpiring in the rocks below surface which is key for follow up exploration. We wanted to test fresh rock on the NMX East project to get an idea of the lithium-cesium-tantalum ("LCT") potential of the untested outcrops at surface. The Discovery Property recently returned significant gold grades at surface in our channel sampling, so we are excited to test the rocks immediately below surface." 

Durango's exploration crew was able to complete a brief site visit to the Discovery Property on the way back from visiting the NMX East project. Durango's exploration crew was able to complete a 2.8m backpack drill hole near the area where the recent channel sampling returned grades of 9.25 g/t gold over one meter (see news release January 17, 2022). The samples have been sent for assay for analysis and additional information will be reported as it becomes available. 

The technical contents of this press release were approved by Jean Bernard, B.Sc. Geo., is a Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical information presented in this release. 

About NMX East 

The NMX East Property is located adjacent to the Nemaska Lithium's Whabouchi deposit which hosts the largest spodumene deposit in North America. The NMX East Property is less than 1.5km away from the pit of the Whabouchi deposit and has lithium, tantalum and cesium bearing pegmatites identified at surface. The NMX East Property has great road access and is accessible year-round via the Route du Nord. 

About Discovery 

The Discovery Property is located on strike to the southwest of the past-producing Troilus gold mine and neighbours Troilus Gold Corp. (TSX-TLG). The Discovery Property is over 6,500ha in size and covers an important geological northeast to southwest regional structure. The Discovery Property has excellent road access and is accessible year-round via the Route du Nord. 

About Durango 

Durango is a 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 Windfall Lake gold camp in the Abitibi region of Quebec , Canada. 

For further information on Durango, please refer to its SEDAR profile at  www.sedar.com 

Marcy Kiesman, CEO 

Telephone: 604.428.2900 or 604.339.2243

_____________________________________

J103   Well, just maybe!

Comment by makethemoneynow on Apr 12, 2022 7:58pm
well ...just maybe ... exactly what I said finally seeing a news release from DGO ...but  I  fail to believe thats there'snothing on thier property when all the companies surrounding them have great discoveries...at some point those same veins have to be going thru the DGO property...they just have to nail them down...hopefully sooner than later
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities