- Pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec
- On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.
Vancouver, BC / September 13, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 8, 2016, pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec.
The pegmatites were discovered on the North, South and Eastern blocks of Durango’s claims in the recently completed program. On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.
Durango’s professional exploration team made a total of two hundred outcrop discoveries on its four claim blocks. The outcrops were examined by rock breaking and hand lens observation. From the 200 outcrop discoveries, a total of seventy-nine were sampled and sent for assay. Eight blank samples were also added and sent in for assay as Quality Assurance and Quality Control.
Nemaska Lithium Inc. announced on September 6, 2016 that drilling southwest of the deposit intercepted lithium rich pegmatite dykes at shallow depth. With the abundance of historical work completed on Nemaska’s immediate deposit area, Nemaska Lithium has proven that step out drilling from the known deposit area has discovered lithium rich pegmatite dykes below the overburden.
Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s success on the drill intercepts announced on September 6, 2016 may suggest the pegmatite dykes beneath overburden are pervasive, or without interruption. Drill intercepts were made where no pegmatite dykes are outcropping, so Durango plans to plot the current drilling data to derive any potential projections onto Durango’s neighboring claims.”
Durango expects results from its program to be released in the near future and will provide a news release once the results have been processed.
The technical contents of this release were approved by Mr. Donald Theberge, PEng., MBA, a qualified person as defined by National Instrument 43-101. The property has not been 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 project, 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 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.
Tags: #mining, #smallcapstocks, $TSXV, Nemaska Lithium Inc.