Durango to Acquire Additional Gold Property at Windfall Lake, QC
Vancouver, September 27, 2018 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB-ATOXF), (the "Company" or "Durango") announces that it has entered into a property purchase agreement to acquire an additional 2,358 hectares in Windfall Lake, Quebec (the "Property"). The Property is in a key position of the Urban-Barry Greenstone belt of Quebec and is located approximately 5.5km south of Osisko Mining Inc.'s ("Osisko Mining") Black Dog Project, and approximately 10km south of the Barry Gold Deposit, now owned by BonTerra Resources Inc.
Marcy Kiesman, CEO of Durango stated, "The Property is being acquired for its strategic location, being adjacent to both Durango's East Block and the property held by Osisko Mining. Enlarging the East Block expands our footprint in the Windfall Lake gold camp to over 11,000 hectares. Durango is positioned for discovery in the Windfall Lake Gold Camp and we look forward to exploring the newly expanded East Block this fall."
As consideration for a 100% interest in the Property, Durango will issue 500,000 common shares, subject to TSX Venture Exchange approval of the property purchase agreement and transactions contemplated thereby.
Further updates will be released as they become available.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically situated group of properties in Windfall Lake Gold Camp in the Abitibi Region of Quebec.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
George Aizpurua, VP of Communications
First Canadian Capital Corp.
Telephone: 416.742.5600 or 647.500.2389
Email: gaizpurua@firstcanadiancapital.com
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
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 and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, commencement and completion of exploration, positive exploration results, and raising additional capital for exploration expenditures, 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 its 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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