(TheNewswire)
Vancouver, BC / TheNewswire / June 20 , 2017 – Durango
Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “ Company ” or “ Durango ”) announces that it has been
offered to purchase certain prospective rare earth projects consisting of cerium, hafnium, lanthanum, scandium, yttrium and
zirconium.
On June 17 th , 2017, Fox News published an article
titled “Trump Energy Dept. Seeks to Mine Elements Monopolized By China” http://insider.foxnews.com/2017/06/17/donald-trump-coal-mining-rare-earth-elements-comes-china-appalachia
. The article states how rare earth elements are “crucial for production of electronics, military equipment and
some medications” and how the “Energy Department says it will invest nearly $7 million into researching ways to mine and produce
these elements”.
Additionally, on June 18 th , 2017, The Wall Street
Journal published an article called “Commerce Secretary Wilbur Ross Talks Trade” https://www.wsj.com/articles/commerce-secretary-wilbur-ross-talks-trade-1497838380
which stated, “China is a very big supplier of rare earths, which are quite essential to many electronic products.
They drove everybody in this country out of business by dumping, dumping, dumping, dumping. And guess what happened once they did?
Prices suddenly went way up.”
Marcy Kiesman stated, “To remain relevant and positioned for discovery, management has forwarded the
prospective properties to Durango’s Board of Directors and geological team for review and will provide an update as soon as it
becomes available.”
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 Decouverte and Trove gold properties in the Abitibi Region of Québec,
and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Qu
ébec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario
.
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 purchase and exploration of its properties 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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