Durango Resources Inc. Offered Additional Land Packages In Windfall Lake Area
Vancouver, March 24, 2017 - Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the "Company" or "Durango") announces that additional properties have been offered to the Company in the Windfall Lake gold camp area for purchase. Company management and consultants are looking at the land packages offered and reviewing the available technical data. The Windfall Lake gold deposit is located between Val d'Or and Chibougamau in the Abitibi region of Quebec and hosts one of the highest-grade gold resource stage projects in Canada. Last month, $109M dollars in financings were announced by four companies exploring in the area, gaining increased attention for the Windfall Lake gold camp.
Additionally, Durango would also like to provide an update on its Trove Property which lies in a highly favorable area of the Windfall Lake Gold camp and is almost entirely enclosed by Osisko Mining's (TSX-OSK) ground. As previously announced on February 24 and 27, 2017, negotiations are progressing and Durango expects to be providing a detailed update to the market in the near future.
Marcy Kiesman, CEO of Durango stated, "Durango remains a firm believer in the favourable geology in the Windfall Lake Camp and the possibility of the regional gold discoveries being pervasive throughout the region. The Company has been positioned for discovery in the area since 2010 and is working conscientiously to bring additional value to our shareholders as the district heats up."
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.
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 acquisition of additional ground, the sale of the Trove Property or any other properties held by Durango, the entering into of any transaction with any third parties, exploration results on the Trove Property or the New Windfall Property 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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