- Drilling by Nemaska Lithium Corp. confirms that Whabouchi lithium deposit extends to the east toward Durango’s property which is contiguous to the Whabouchi property
- Marcy Kiesman, CEO of Durango stated, “Due to the recent drilling program of Nemaska Lithium which confirms that the dikes on its property extend to the east towards our property, our exploration team is excited to begin an exploration program on our claims in this area.”
Vancouver, BC / July 29, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that recent drilling by Nemaska Lithium Corp. (TSX-NMX) (“Nemaska”) confirms that Nemaska’s Whabouchi lithium deposit extends to the east toward Durango’s property which is contiguous to the Whabouchi property.
Nemaska’s news release from July 28, 2016 stated “The drilling thus far has confirmed the continuity of the dikes down to 200 metres from surface in the eastern part of the deposit and spodumene-bearing pegmatite dikes were observed in all holes…[and]…confirms that there are additional dikes on the Whabouchi property.”
The discovery of additional dikes aligns with the USGS paper 2003-1008 which states that “LCT pegmatites typically occur in groups, which consist of tens to hundreds of individuals and cover areas up to a few tens of square kilometers (Cerny, 1991).”1
Further to Durango’s news release of July 18, 2016, Durango’s exploration team expects to be mobilized on its property in the Nemaska region by August 2nd for the initiation of its exploration program. The initial program will take place over a period of approximately two weeks and consist of detailed mapping and sampling and will target geophysical and historical lithogeochemical anomalies.
Marcy Kiesman, CEO of Durango stated, “Due to the recent drilling program of Nemaska Lithium which confirms that the dikes on its property extend to the east towards our property, our exploration team is excited to begin an exploration program on our claims in this area.”
- (1)”A Preliminary Deposit Model for Lithium-Cesium-Tantalum (LCT) Pegmatites”, US Geological Survey Open File Report 2013-1008 by Dwight Bradley and Andrew McCauley.
About Durango Resources Inc.
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, Lac Noirs, Montagne North and Boomerang lithium properties near the Whabouchi mine, 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 website and its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to 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.