(via Thenewswire.ca)
Vancouver, BC / TheNewswire / May 20,
2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”)
announces that it has initiated contact with the Cree Nation of Nemaska to gain access to its group of properties in the Nemaska
region. The Company has requested access in order to sample the mapped pegmatites which were not previously sampled by Nemaska
Lithium in 2011 as discussed in the news dated, April 7, 2016 and April 20, 2016.
Nemaska Lithium Inc. (TSX.V-NMX) announced on May 11, 2016 via stockwatch that it signed a
“definitive agreement for the $12M up-front payment for the phase 1 plant and signs commercial offtake agreement for lithium salts”
with Johnson Matthey Battery. The closing of the agreement completes the financing of the budgeted $38M phase 1 plant and
represents the first commercial offtake agreement.
Marcy Kiesman, CEO of Durango, comments, “Durango looks forward to working with the Cree Nation of
Nemaska to undertake a sampling program on the known pegmatites on its claims and will continue to keep investors updated as the
exploration program progresses.”
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of
mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest
British Columbia, the Decouverté and Trove gold
properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property
near the Miller Mine in Québec, the Dianna Lake silver
project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and
Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel
corridor.
For further information on Durango, please refer to its SEDAR profile at
www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Facsimile: 888.266.3983
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward-looking information based on current
expectations, including, but not limited to the development, commencement and completion of future exploration or project
development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and
uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the
date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of
risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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