Durango to Explore Discovery and Reveals Lithium in Quebec
Vancouver, BC / TheNewswire / November 12, 2015 - Durango Resources Inc. (the "Company" or "Durango") announces that its Decouverte (Discovery) work geophysical exploration program with partner Institut National de la Recherche Scientifique (INRS) of Quebec is on track to commence within the next 10 days as previously announced on September 18, 2015 and June 1, 2015.
In addition to the Decouverte property, Durango owns projects related to LNG, nickel and lithium which are all green energy related projects located within stable political and mining friendly jurisdictions. Durango holds a 100% interest in a lithium property tied to Nemaska Lithium Inc.'s (TSX.V-NMX) Whabouchi property in Quebec. The NMX East property was staked by management in December of 2014 and has an all season road access via the Route Nord. The property is 400 hectares and is located within a few kilometres of Nemaska's proposed mining pit. Nemaska Lithium is developing the world's newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval.
Marcy Kiesman stated, "The NMX East property is one that Durango has been interested in for some time due to its green energy potential and that it is located along the Route Nord not too far away from the Decouverte project in northern Quebec. The Company is committed to providing shareholders with alternative green energy related mineral exploration projects in the areas of investor interest."
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 Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec and 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
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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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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