- Durango’s exploration team and Marcy Kiesman are on site in Nemaska, Quebec
- Exploration program which will include detailed mapping and sampling of the newly identified pegmatite outcrops and outcropping ridges on Durango’s Nemaska Whabouchi area properties
Vancouver, BC / August 3, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to the news release of July 29, 2016, Durango’s exploration team and Marcy Kiesman are on site in Nemaska, Quebec.
As previously announced on June 23, 2016, Mr. Donald Theberge, P.Eng., M.B.A is leading the exploration program which will include detailed mapping and sampling of the newly identified pegmatite outcrops and outcropping ridges on Durango’s Nemaska Whabouchi area properties. Mr. Theberge’s compilation report on Durango’s ground adjacent to and near the proposed Whabouchi Lithium deposit in Quebec, confirmed newly identified outcrops and outcropping ridges. It was also confirmed that these outcrops were not previously evaluated by Tucana or any other company, and as such, these outcrops will be the focus of the current program and are of significant interest.
The current program of Durango follows the recommendation made by Mr. Theberge to immediately initiate a sampling and mapping program.
Marcy Kiesman, CEO of Durango, comments, “We are very fortunate to have Donald Theberge direct and organize the work program. I am excited to meet and work with the Cree First Nation of Nemaska and land users to provide partnership opportunities and synergies wherever possible.”
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: [email protected]
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 the 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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