Durango Adds Additional Pegmatite Ground And Negotiates On Additional Ground Adjacent To Nemaska's Whabouchi Property
Vancouver, BC / TheNewswire / April 14, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces that it is negotiating on two additional parcels of potential lithium ground located near the Whabouchi property in northern Quebec. The first package is adjacent to the northwest boundary of Nemaska Lithium Corp. (TSX.V-NMX) Whabouchi property, and the second is located to the southeast of Nemaska Lithium and south of Durango's existing NMX East ground.
Durango has also staked 320 hectares south of its original NMX East ground which previously belonged to Tucana Lithium Corp. The staked area encompasses a pegmatite intrusion measuring approximately 3 kilometres long at surface and trending to the northeast, according to Quebec regional geologic mapping (2).
President Marcy Kiesman stated, "We are pleased to cover as much of the historically mapped pegmatites as possible in the region as they provide Durango with excellent targets for the upcoming pegmatite sampling and VLF survey which will enable us to pinpoint the extent of the pegmatites and establish drilling targets."
The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not yet been the subject of a National Instrument 43-101 report.
References
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(1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.
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(2)SIGEOM WMS (2016). "50k Regional Geology" layer.
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 and the Buckshot graphite property near the Miller Mine in Quebec, 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 timing of mineral resource estimates, 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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