Durango Phase One Exploration Completed at Nemaska Properties
Vancouver, BC / TheNewswire / August 15, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces that further to the news release of August 3, 2016, Durango's exploration team has completed its inaugural field exploration program on its group of properties near Nemaska, Quebec.
Mr. Donald Theberge, P.Eng., M.B.A led the exploration program which included detailed mapping and sampling of the newly identified pegmatite outcrops and outcropping ridges on Durango's Nemaska Whabouchi area properties. The helicopter assisted work program focused on reaching inaccessible areas to prioritize drill targets and was completed ahead of schedule thanks to the hard working exploration crew.
Previous work in 2011 outlined multiple pegmatite occurrences on Durango's NMX East claims adjacent to Nemaska Lithium Inc. (TSX-NMX), and were evaluated for targets to be added to a drilling schedule. The program was successful in sampling the identified pegmatites and outcropping ridges which were not previously evaluated by any companies. A total of 87 grab samples were taken during the survey of the properties and the samples have been sent to ALS Minerals Laboratories in Val D'Or, Quebec. The geologists will supply information on the sampling program and issue a report on the work completed with correlating results as soon as they become available.
Marcy Kiesman, CEO of Durango, comments, "We would like to thank Nemaska Lithium Inc. for their hospitality and allowing our team to visit their impressive neighbouring Whabouchi property. We would also like to thank the people of the Cree First Nation of Nemaska for taking time to speak with us and providing us with a tour of the community. We are fortunate to be poised for discovery in an area teeming with activity."
The technical contents of this release were approved by Mr. Donald Theberge P.Eng., M.B.A., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.
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 certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, 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 purchase, development, completion of Financing, 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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