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CLIENT FEATURE: St. George Eco Mining $SX.ca: Using Hydrothermal Energy to Develop 100% Owned Iceland Gold Targets $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-Eric at 9:32 AM on Wednesday, November 25th, 2020

Planning to Use Hydrothermal Energy to Drill Iceland Gold Targets

St-Georges Eco-Mining Corp. plans on reviving Iceland’s long-dormant gold mining industry by using its vast abundance of renewable energy to drill for gold.  St. George’s emphasis will be on making the most eco-friendly and socially responsible gold in the world.

  • St-Georges, is the only junior exploration company to own all the mineral rights of a western country
  • Controls all the active mineral tenures in Iceland
  • St-Georges plans to mine with robots, while the equipment and processing primarily will use electricity made from geothermal and hydro power by Landsvirkjun, the state-owned power company
  • Iceland is one of the countries with the highest ratio of green energy globally 

Thormodsdalur Project is the most advanced project in Iceland 

  •  Drilled a 124-meter-deep (407-foot-deep) hole in Thormodsdalur, outside Reykjavik, in September
  •  Drilling up to 1,000 meters or up to 25 new shallow holes on the Thor Gold project
  • Opportunity to extract epithermal gold with geothermal power 
  • Total area in excess of 4,600 km2 with 9 prospecting licences 
  • Mineralization bearing outcrops were identified and sampled and brought to St-Georges’ secure facilities in Reykjavik for petrographic analysis in October

Iceland Resources ehf ( 100% St. George Eco-Mining )

  • Controls all the active mineral tenures 
  • Including drill ready Thor Gold Project 
  • One of the countries with the highest ratio of green energy  
  • 100% renewable energy and zero carbon footprint. 

Mining In Iceland

  • St. George’s emphasis will be on making the most eco-friendly and socially responsible gold in the world
  • St. George’s anticipates Iceland’s gold to be sold with a premium.
  • St. George’s ideology is about making minimal disturbances to the ground.
  • Thormodsdalur have minimal visible activity when mining activity starts
  • St-Georges will use all the material extracted from the ground during the mining process
  • After the minerals are separated, the remainder would be used in building material and concrete.

FULL DISCLOSURE: St. George’s Eco-Mining is an advertising client of AGORA Internet Relations Corp.

Gold Miners Free Cash Flow Yield Turns Positive SPONSOR: Durango Resources $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-Eric at 12:07 PM on Tuesday, November 24th, 2020
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sponsor: Durango owns 100% interest in the Trove claims, in the Windfall Lake area between Val d’Or and Chibougamau, Quebec., which are surrounded by Osisko Mining Inc. The property is compelling due to the coincidence of gold found in tills, coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. Durango is undergoing a final review process for the proposed 3,000m drill program in 2020. Click Here For More Info

Crescat November Research Letter:

Gold & Silver Miners Turn Over a New Leaf:

  • Top 50 largest gold and silver miners have had five straight quarters of positive free cash flow for the first time in the last three decades.
  • Gold and silver mining companies are the real beneficiaries of today’s macro environment with strong balance sheets, high growth, and still incredible undervaluation.

One of the few areas of the equity market that is meaningfully improving fundamentally is the precious metals mining industry. With gold and silver prices at their current levels, these companies are set to massively expand their margins. This is indeed a new phenomenon for the miners. After 25 years of constantly losing money and regrettably creating a long-standing reputation of being capital destroyers, this industry is becoming one of the most disciplined and profitable businesses in the global economy today. In fact, the median stock among top 50 largest gold and silver miners has had five straight quarters of positive free cash flow for the first time in the last three decades. We believe this is only the beginning. These stocks are becoming new cash flow machines with the strong support of precious metals prices moving higher. Gold and silver mining companies are the real beneficiaries of today’s macro environment with strong balance sheets, high growth, and still incredible undervaluation.

Risk Parity Exhaustion

Among all the demand drivers for gold, we view the lack of competing cheap assets being a major one. For the first time in history, junk bonds and stocks are record overvalued in tandem. We have only seen the exact opposite of this. That was in the Global Financial Crisis when US equities and corporate bonds both hit rock bottom. This time, we are on the other side of the coin. Both sides of the so-called risk parity strategy, stocks and bonds, are at extreme valuations. In a world of near zero to negative yields and frothy valuations across almost every risky asset, it will become imperative for investors to seek out undervalued assets that are true beneficiaries of the current macro environment. In our view, precious metals are poised to become the new core must-have asset for capital allocators. Gold and silver are risk-off alternatives to bonds in the portfolios of prudently minded investors in today’s market. At the same time, attractively priced, high-growth gold and silver mining companies serve to ignite the animal spirits of traders and investors looking for a risk-on alternative to overvalued, low-growth stocks at large.

source: https://www.crescat.net/crescat-november-research-letter/

St-Georges $SX.ca Discovers a New 80 Meters Long Gold Mineralized Zone at Thor Gold Project $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-Eric at 8:48 AM on Monday, November 23rd, 2020
  • Interval contained gold mineralization averaging 0.24 g/t over 80 meters with gold grades ranging from 0.01 g/t up to 6.21 g/t.

Reykjavik – TheNewswire – November 23, 2020 -St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to disclose the results of the reverse circulation research hole TRC 20-01 authorised prior to the acquisition of Melmis EHF earlier this fall.

The 124m hole intersected a broad zone of low grade disseminated mineralization near surface. At depth of 41.5m the team intersected and confirmed with preliminary assays the existence of a thick interval that contained gold mineralization averaging 0.24 g/t over 80 meters with gold grades ranging from 0.01 g/t up to 6.21 g/t.

Within that zone a section of 9.9 meters averaged 0.7 g/t gold starting at 55 meters depth and included 2.1 meters of 1.67 g/t gold. A separate zone assayed 6.21 g/t over 0.3 meters at a depth of 98 meters.

The company is in the process of renting new facilities that will allow a streamlined sampling process. As soon as the installation is ready, all samples on 30cm intervals will be relogged and certain samples will be reanalyzed for gold and trace elements by independent laboratories in Dublin Ireland. Duplicate samples are a necessary protocol when gold values exceed one g/t gold in a known low sulfidation vein system with historic high-grade gold values. Trace element geochemistry may further assist in vectoring in on the better parts of the system. The company expects to conduct the next hole at an angle of 85? from the same location to confirm its hypothesis.

This initial hole was drilled between two previously known mineralized and drilled areas of the project. The purpose of the hole was to provide continuity of alteration and mineralization between these two zones. Additional holes are planned along strike and at depth as a follow-up of hole TRC 20-01. This RC hole was drilled at -45 degrees and azimuth 110?. Following the acquisition of Melmis, St-Georges is less restricted on the location and depth of future drilling.

Based on geological logging to date, mineralization is disseminated over a thicker interval and not limited to quartz veining which is the preferential host for high-grade gold elsewhere in the Thor system.

Based on the results from this recent hole, St-Georges geological team believes that we are looking at a strong hydrothermal system that is mineralized with gold over apparent broad widths currently more than 700 meters of strike.

Iceland Resources, St-Georges’ Iceland wholly owned subsidiary’s CEO, Thordis Bjork Sigurbjornsdottir, commented: “(…) We are very pleased with the preliminary results from our maiden hole within the project, we feel it supports our theory in regards of the geological settings and that the system could potentially prove to be expanded on a much larger surface than what was previously expected. These results are encouraging on our path to our first maiden resource. The team is evaluating next steps and is anticipating additional positive surprises with further work(…)”.

 Quality Control

Samples were collected in buckets then sealed and transported directly from the site to Iceland Resources’ secured warehouse facilities in Reykjavik by the SX geological team. The geological team sampled each bucket. The samples along with duplicate and Q/C blank samples were added to 2 shipments that traveled by plane to ALS Global Laboratories (ISO/IEC 17025 accredited) in Loughrea, Ireland. All samples were tested using four acid trace analysis (ME-ICP61).

About Thor Gold

The Thormodsdalur Gold Project is located about 20km east of the city center of Reykjavik and south-east of the Lake Hafravatn. The project was discovered in 1908. The property produced a gold concentrate from 1911 to 1925, which shipped to Germany for processing. Over 300 meters of tunnels explored and mined one or more quartz veins and wall rock below open cuts at the surface.

Studies between 1996 and 2013 identified the project mineralization as a low sulfidation system hosted by basic to intermediate flows of Pliocene to Miocene age. The host contains banded chalcedony and ginguro within a fault zone up to 5 meters in width. To date, the identified gold trend has a known strike length of 700 meters determined by drill intercepts. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz-adularia and lastly, to minor calcite.

Thirty-two holes have been drilled within the license area, for a total of 2439 meters excluding the 124 meters reverse circulation hole drilled by St-Georges in the Fall of 2020.Gold values vary from less than 0.5 g/t to a maximum of 415 g/t. (These values were obtained from selected random intervals and cannot be construed to be representative of any particular thickness or overall length.) Historically, the best intercepts from the diamond drilling are 33.5m of 8.0 g/t Au (true thickness) and 5.2m of 35.4 g/t Au (true thickness).

Gary McLearn, A professional geoscientist (Ontario APGO #2900) and an Independent Qualified Person as defined by National Instrument 43-101, has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.

The technical information in this release has been reviewed and approved by Mr. Herb Duerr, P. Geo. St-Georges’ director, a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON
President & CEO

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on the Quebec’s North Shore.

Durango $DGO.ca Provides Update on Windfall Lake Drill Campaign $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-Eric at 9:32 AM on Thursday, November 19th, 2020

Durango Resources Inc.(TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango“) is pleased to provide an update on the exploration program on its wholly owned Trove Property and East Barry Property at Windfall Lake, Quebec.

Trove Property

To date, 1,047m have been drilled in six holes on the Trove Property at an average depth of 174m. The objective of the drill campaign is to test IP anomalies derived from previous exploration work on the Trove Property. The Company is satisfied that the induced polarization (“IP“) target zones have been intersected as planned on the first six holes. Further, approximately 1,000 samples are pending assays at the labs. The samples were submitted to the labs in batches as they were collected, and are expected to be completed soon.

Unseasonably wet and warm weather in the Windfall area has proved challenging for moving the drill between holes at Trove. The weather provided the exploration team an opportunity to take a short break which also helped to reduce the back log with the labs (currently up to 45 day turn around) before the scheduled resumption of drilling expected on Monday, November 23, 2020. Another six high priority holes are planned on the Trove Property to test coincident geophysical and geochemical anomalies beginning on Monday.

East Barry Property

Durango has recently submitted drill permit applications for the East Barry claim block to test a high priority target coincident with high till anomalies of up to 2.19 g/t gold and pristine gold grains in till trend. As soon as the weather conditions are favourable for access, a drill will be commissioned to East Barry to test a geophysical anomaly which aligns with an artificial intelligence (“AI“) target.

Marcy Kiesman, CEO of Durango, stated, “While the warm weather was helpful for Durango’s exploration crew expanding the ground exploration program onto the East Barry Property this past month, it has created challenges for drilling on the Trove Property. Our team has been successful working on three of the four IP grids and drilling six of the high priority holes as planned on the Trove Property thus far. Our team was also effective in completing surface work on the East Barry Property which provided a compelling case for test drilling in an area with a known AI target. We look forward to continued drilling into the winter months and releasing the assay results as they become available.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove Property, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX-OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is currently undertaking its inaugural drill program.

East Barry Property, Quebec

Durango owns 100% interest in the East Barry claims which run parallel to Trove claims. The East Barry block is over 7,740 hectares in size and borders the eastern perimeter of Osisko’s holdings and the southern perimeter of Bonterra’s holdings and is less than 4km south of the Gladiator deposit. The East Barry claims host a gold trend which covers approximately 10km in length and is subparallel to the main Barry Fault held by Osisko Mining. In 2018, a till sampling program was conducted by Durango and one of the till samples returned forty-two (42) pristine gold grains with reported gold values of 2.184 g/t Au. A high count of pristine gold grains indicates that the gold has travelled a very short distance from its source. The East Barry block underwent an Induced Polarization (“IP“) survey in 2018 which identified a high priority target coincident with the high count of pristine gold grains.

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 located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec, Canada.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

AGORACOM Small Cap 60: Durango Resources (DGO:TSXV) Drilling The Trove Property in Windfall Lake Adjoining Osisko $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-Eric at 9:53 AM on Wednesday, November 18th, 2020
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Highlights:

  • Maiden Drill program underway at Trove
  • Located in Windfall Lake gold District
    • Surrounded by Osisko
  • 100% interest in the Trove and East Barry claims
  • Currently the most active gold exploration camp in Canada
    • 21 drill rigs onsite at Windfall in 2020
  • 40% Inside Ownership
    • Marcy Kiesman, President & CEO owns 16%
  • Positioned for Discovery

Gold Miner $SX.ca Wants to Use Iceland’s Renewable Energy to Drill SPONSOR: St George Eco Mining $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-Eric at 9:05 AM on Thursday, November 12th, 2020

SPONSOR: St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. St. George controls all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region

  • St-Georges Eco-Mining holds all exploration licenses in nation
  • CEO says the ‘green gold’ should command a premium price

Exploration in Tröllaskagi (Troll’s peninsula) North Iceland. Source: Iceland Resources

Canadian explorer St-Georges Eco-Mining Corp. wants to revive Iceland’s long-dormant gold mining industry by drawing on the Nordic nation’s abundance of renewable energy.

The Montreal-based miner finished drilling a 124-meter-deep (407-foot-deep) hole in Thormodsdalur, outside Reykjavik, in September and may publish the results this month. Previous drilling cores indicated gold quantities of as much as 415 grams per ton there, though more research is needed to determine the size of the deposit, Chief Executive Officer Vilhjalmur Thor Vilhjalmsson said in an interview.

If the veins are big enough, St-Georges plans to mine with robots, while the equipment and processing primarily will use electricity made from geothermal and hydro power by Landsvirkjun, the state-owned power company. The moves come after gold hit a record in August and is up more than 20% this year.

“Our emphasis will be on making the most eco-friendly and socially responsible gold in the world,” Vilhjalmsson said. “We foresee that our gold would be sold with a premium.”

In an environment as pristine as Iceland’s, the potential for gold mines to pop up may trigger alarms among the island’s 364,000 residents, given the industry’s reputation for polluting and scarring the landscape. But Vilhjalmsson says his operation will be different.

“Our ideology is about making minimal disturbances to the ground,” he said. “In Thormodsdalur, you will hardly see it when mining activity starts.”

St-Georges will use all the material extracted from the ground during the mining process, Vilhjalmsson said. After the minerals are separated, the remainder would be used in building material and concrete.

Experimental Mining

The Canadian miner holds all exploration licenses for gold in Iceland after acquiring local corporation Melmi Ehf last month. Melmi owned the majority interest in the Thor Gold Project in Thormodsdalur, about 20 kilometers (12 miles) east of the capital.

Vilhjalmsson, 45, previously worked on mining projects in Greenland and Africa. He is optimistic that experimental mining in Iceland will start this decade, and he expects to spend almost 500 million Icelandic kronur ($3.6 million) on research during the next few years.

“We anticipate that by using the green energy Iceland offers, our production will be more cost-efficient than if we’d use fossil fuels,” he said. “We are in the process of doing a proof of concept for our model, and we hope it will be applicable to mining sites around the world.”

The company holds exploration permits for gold, silver and copper in three locations in Iceland and has applied for 11 more licenses. The Thormodsdalur endeavor will be funded through debt and private placement on the Canadian Securities Exchange.

The explorer’s shares have declined 25% so far this year, for a market value of C$10.4 million ($8 million).

‘Green Gold’

Grant Sporre, a senior analyst for metals and mining at Bloomberg Intelligence, said he is skeptical about the market opportunity since there’s no universal standard for what qualifies as “green gold.”

“It will be a while before any investors see a return on the Icelandic gold explorations component of their business,” he said.

Gold digging in Iceland started at the beginning of the 20th century. The Thormodsdalur site was discovered in 1905, and four years later the poet and entrepreneur Einar Benediktsson formed a mining company with investors from Norway, Britain and Germany.

The property produced a gold concentrate from 1911 to 1925 that was shipped to Germany for processing, but then the market faded away.

Interested renewed in 1989 after two Icelandic geologists, including Hjalti Franzson, studied the presence of gold in geothermal systems in New Zealand and Japan. That triggered local research funded by the Icelandic government. “There is enough gold in the ground here,” said Thorvaldur Thordarson, a professor in volcanology and petrology at the University of Iceland. “In Iceland, it’s perhaps not as concentrated in one place.

SOURCE: https://www.bloomberg.com/news/articles/2020-11-11/thor-s-gold-miner-will-use-iceland-s-renewable-energy-to-drill

AGORACOM Small Cap 60: Durango Resources $DGO.ca Drilling The Trove Property in Windfall Lake Adjoining Osisko $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-Eric at 12:12 PM on Friday, November 6th, 2020
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  • Maiden Drill program underway at Trove
  • Located in Windfall Lake gold District
    • Surrounded by Osisko
  • 100% interest in the Trove and East Barry claims
  • Currently the most active gold exploration camp in Canada
    • 21 drill rigs onsite at Windfall in 2020
  • 40% Inside Ownership
    • Marcy Kiesman, President & CEO owns 16%
  • Positioned for Discovery

Durango $DGO.ca Dispatches Exploration Crew to East Barry Property at Windfall Lake, QC $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-Eric at 10:43 AM on Wednesday, October 21st, 2020
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Vancouver, BC – TheNewswire – October 21, 2020 – Durango Resources Inc.(TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango“) is pleased to report that further to its news release dated October 8, 2020, the Company has started an exploration program on the East Barry Property which is located 2km east of the Trove Property at Windfall Lake, Quebec.

The East Barry Property was recently expanded in size and is now 7,740 hectares, bordering Osisko Mining Inc. (TSX:OSK) on the west and Bonterra Resources Inc. (TSXV:BTR) on the north. Durango’s exploration crew was tasked with exploring the East Barry along the 10km long gold in till trend for geological reconnaissance. The crew has also been asked to proceed with a north south Spontaneous Polarity (“SP“) geophysical survey across an area of high interest.

Due to the rehabilitation of old access roads, the exploration team is able to complete geological reconnaissance in areas previously unaccessible on the East Barry Property. New outcrops have been discovered on high ground providing key geological information for the area. During this exploration campaign on the East Barry Property, a mineralized quartz feldspar porphyry (“QFP“) dike associated with quartz veins was discovered (see Figure 1).

Figure 1. QFP dike with 0.5 to 1% pyrite mineralization along the newly cleared road.

Marcy Kiesman, CEO of Durango, stated, “Durango’s exploration crew took the opportunity of favourable weather and newly rehabilitated roads to expand the ground exploration program onto the East Barry Property. The East Barry Property has minimal outcrop, so all of the information we can gather on rock exposure is extremely important in order to identify geological similarities with the Windfall Lake deposit and potential mineralization associations. Durango will continue to explore the East Barry Property in the upcoming weeks concurrently with its ongoing drill campaign on the Trove Property. We look forward to analyzing the results in comparison with our neighbours’ data.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove Property, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX-OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is currently undertaking its inaugural drill program.

East Barry Property, Quebec

Durango owns 100% interest in the East Barry claims which run parallel to Trove claims. The East Barry block is over 7,740 hectares in size and borders the eastern perimeter of Osisko’s holdings and the southern perimeter of Bonterra’s holdings and is less than 4km south of the Gladiator deposit. The East Barry claims host a gold trend which covers approximately 10km in length and is subparallel to the main Barry Fault held by Osisko Mining. In 2018, a till sampling program was conducted by Durango and one of the till samples returned forty-two (42) pristine gold grains with reported gold values of 2.184 g/t Au. A high count of pristine gold grains indicates that the gold has travelled a very short distance from its source. The East Barry block underwent an Induced Polarization (“IP“) survey in 2018 which identified a high priority target coincident with the high count of pristine gold grains.

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 located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec, Canada.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

VIDEO – Durango Commences Drilling on Trend with Osisko in Windfall Lake

Posted by AGORACOM-JC at 3:19 PM on Monday, October 19th, 2020
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Welcome to be on the press release a production of AGORACOM in which we speak to small cap executives after they puto ut important news. Durango resources trades on the TSX venture on the stock symbol DGO Marcy is the president of the company for those of you new to the store that’s gonna be a lot you can or just come out with it Durango owns a 100 percent interest in the trove claims those are surrounded by a Osisko mining in the windfall lake gold district between val-d’or and Chibougamau I lost of that name Quebec that trolled property is located along the structural trend that’s hosting a Osisko mining’s windfall lake deposit and the Osisko was recently purchased claims along the troll property boundary and those 2 cells along with black along with the black dog gold deposit are tied to the troll property northern boundary off 500 meters away from Durango’s planned drill targets up here to talk about all of that is Marcy welcome back. Good afternoon nice to be here great to have you. You certainly play with big neighbors are you got Osisko all around you. 500 meters of the delivery throw snowball almost at their property their their assets what is it about trove that was so special for you and it’s so special to a Osisko being right around you. Okay well so to be clear the properties aren’t special until we prove that their special which is exactly what we are working on current only I’m the old adage is if you want to find gold go where they’ve already found it which is exactly what we have done that when fully come back home to wrangled holds are small land position in comparison to our big neighbors as a Osisko but realistically you don’t need a huge one position to have a deposit or mind the key is to hold strategically positioned claims which have the best potential to host the school deposits so our true property is special because we’ve got to known gold producing faults running through the property which are great potential indicators for the property just alone on those 2 things today we’ve done humus sampling we’ve done till sampling we’ve done some I. P. and airborne work and currently we’re working on surface trenching and exploration drilling on our natural project so yeah that’s kind of it not so for that for our work so far on the troubled does it but does all that work before you can start it does give you great great comfort knowing that a Osisko is sold nearby and that they’re doing so much work so close to you I’m sure you could probably see them right across the way right yeah well we actually stumbled on and saw one of their drill flags that was just about 300 meters over our property boundary when we were moving around up there so yeah they’re definitely right there and the one that we just stumbled upon we looked up and stuff and it’s one that they have found up to 5 grams per tonne gold so it’s great to know that there’s gold around us so we just have a better potential finding it on our troop property as well which is what we want for not only us but for all of our shareholders to keep everybody happy and making money and do there that number you just reference with all the draws also the Osisko put out last week. On their windfall gold project no the ones they’ve been putting out the last one that I’ve been looking at are the ones that are further north up around their links project which is north of us yet because they’ve got as we know quite a big land position so they’ve got the windfall lake they’ve got the lynx deposit and the black dog and they’re working on and drilling right now and it’s about 5 kilometers north of us so so there’s we’re kind of all around us from this is cool but the one that had the real nice big numbers are is further north of us up around their legs deposit so let’s talk about what you’re doing on troll view just announced drawing out what do you looking to achieve and how big is this for first program going to be. I’m so what we have permanent right now on the troop is for 15 drill holes and we’re gonna methodically go through those drill holes for starting at the holes that are nearest to the Osisko hole that’s like just 300 meters over a border first and then we’re working our way back from there the plan at troops so far is around 2200 meters is what we’ve budgeted but we can R. and drilling contractors to go up to 5000 meters and I’ve given our technical team free reign of the need to go deeper they can feel free to go deeper and as long as they got the permits and stuff on the holes that they’re doing they’ve they’ve got room to move on those holes deeper and if they need to act  mineralization wanna check things out we got the degree drill team up there and we got a great exploration crew and they’ve been busy busy busy and fighting that elements literally it’s been record rains up there this last while also we’ve had machinery getting stuck and things getting Hold to it’s it’s been great fun. So I guess it’s fair to say and I was gonna ask you even though it’s early you know any progress update but I’m assuming you know it’s still way too early for for much of an update their drill results yeah we’re going to be a little bit yet as we all know Covid affected every aspect of the world and this is just another one of them a lot of the labs that we have been talking to and working with they’ve got room at the labs but they don’t have anyone to work in the lab because people are off on the government assistance programs so. It’s slow but we’re expecting our channel samples because we did a lot of mechanical trenching at surface on the truth that we did and the couple 0 sample range so we sent them to 2 different labs and we’re expecting to get those back relatively soon it’s been a while the cruise going up and working on the projects up there since September 3 and we’re getting into almost the middle of October so things will be certain to come back shortly which will begin hopefully we’ll have some good news to report on those before we can get our drill results and it’s finally brought the mechanical trenching because some people think that this is coordinated between it but it’s not in your last press release you actual quote that I want to ask you on that so here’s next okay the results of the mechanical trenching and you just put the result of mechanical trains as much have been eye opening by whatever I see things like that it’s okay I’ve got a drill down further pardon but I’ve been I’ve opening with the discovery of a sizeable northeast years on multiple occasions with quartz veining and pie right at surface and important geological indicators near the initial drill targets not for a lot of people at home they’re not going to stand what that means but it definitely sounds like an enthusiastic what would you say have been I. opening so in layman’s terms maybe you can explain to us why those are it was I opening well I could do layman’s terms because I am a woman I’m not a geologist so. You know I just generally just. So basically yeah the mechanical trenching has been very successful up at virtual property because there is there’s a lot of overburden which is just like a lot of low lying shrubs and small trees that we’ve cleared out and with the trenching we were within a day be able to open everything up so we could see the rocks that were in your service and. We found this in northeast shear zone so why these shear zones are important is they basically run through our troll property and they run up towards one ‘s running out into windfall lake the real little fault and then there’s a very fault that runs up to goes and goes to the gladiator deposit on volunteer resources so this is pretty interesting that we were we can like visibly see it we’ve done airborne surveys we’ve done I. P. which are. A ways away that you can see things from a distance you go up in the air with that magnetic and you can see that as a residence in image yeah and then you can see basically where the the cracking of the earth is and where the rocks are changing direction in which way things are moving which is important because in order for gold to flow up into these places we want where there’s been lots of friction lots of action and and cracking so the gold can flow up into these places and we can now napo and look and say okay the I. P. and airborne survey showed this and we actually can physically see it at surface where it’s coming out and cropping and it lines up perfectly with all the other information that we assume to be true and that was there and now we can literally see okay there it is and it lines up with everything that we’ve done to date so that’s great and the fact that it’s only 75 meters away from one of diet drink goes high priority drill targets is even better so hopefully we’re doubling with the greatest respect numbers when a great surprise right today because if you practice stumbled upon it. Well yes and no we will the reason we planned our drill holes we would spend months and months planning everything in order to try to intersect these things so it’s great to know that we weren’t wrong basically. Yeah well that and that’s that’s a great start let’s hope so while waiting for that to happen so that’s great lot of action and we’re expecting results like start coming back in due time so you’re gonna be back quite a bit in 2020 that’s for sure for one at home windfall lake it’s not just you and the Osisko that’s the most active gold exploration camping Canada from understand and they’re 21 all drill rigs are on site at windfall as of June so. Give everyone a bit of an overview of how big windfall lake is and why it’s white so smart for you to be there okay perfect so yeah basically north of us and surrounding the troll property we have a Osisko mining which everybody here has probably heard of that is interested in Canadian gold mining and the Osisko right now has just over 5000000 ounces I believe that their windfall lake deposit and and Bonterra resources has 838000 ounces at the deposit which is also north of us and then a little further north east of us the gladiator deposit is 1.1000000 ounces and a deposit there and so so far that camp has over 7000000 ounces of indicated and inferred gold resources just in the immediate area of us which is fantastic we do have a common denominator with our one of our neighbors to the north Montero as deal gin is head of our technical team and he was also V. P. acts for volunteer resources and when they discovered that gladiator deposit just north of us so he’s been weighing in and keeping an eye on things and guiding and directing us as we go along with our exploration right now so he’s pretty excited to see what we’re gonna pull out of the ground as well it certainly helps to have some like him along who’s who’s actually been successful discovering gold yes deals in the region if anyone knows how to edit them he’s made like 7 discoveries and one of them is not very far away from us so and he’s also a shareholder of Durango as well as all of the members of our technical team which is which is great yeah I forgot all that something I should mention and I’m glad March to kind of remind me there 40 percent insider ownership including Marcy herself at 16 percent that’s that’s as of the latest numbers you you guys of you all put your money where your mouth is. And that’s a big difference from a lot of companies out there who you know they do the work good companies but the end of the day you know they’re collecting a nice paycheck and not really going for where’s what does it say what should that tell everyone that the manager team the inside there’s a 40 percent insider ownership including 60 percent of that being you. Well like you said if if you wanna if you wanna play you’re gonna have to play big we got big neighbors to play with to put your money where your mouth determined to find a gold deposit and in the past year gold prices have already come up from like 1450 to over 2000 US around so we’ve got a lot of indicators are going in and out definitely if I could be by more right now I would be but well we’re drilling I don’t think it’s prudent for me to be purchasing anymore shares are in the deal but that doesn’t. In July just Canada’s deficit forecast was projected which is the largest deficit shortfall since World War 2 and I just was reading in the headlines yesterday in the U. S. the cost of coal bit is is probably going to be around $16000000000000 which is crazy like almost a full year’s GDP for the USA so this means that our gold prices not going lower anytime soon the flood the feds are just flooding the markets with currency and it’s not just North America it’s this is a global thing not just a global pandemic we’re dealing with we’re dealing with global currency dealings gold star and the global global printing pandemic and that’s what that’s not stopping which means gold and is just going to continue to rise and it’s been great for us juniors it’s been the financings that I’ve seen come out in the last few months are just phenomenal with all the money all these juniors can now hit the bush to get working on our properties that we’ve been waiting so desperately poor and now we’re gonna find out there’s gonna be a lot more new discoveries and so therefore the sharing our prices are gonna be increasing for all these juniors and it’s gonna reward all shareholders like myself and hopefully you and everybody else and everyone was risk their capital and supported all these juniors I think we’re all gonna be winners in the end and Durango is a big part of this Russian we’re super excited we just completed a 2.8Mfinancing which is the biggest in the history of the company now we’ve got money to drill an exploratory parties like we never had before we’ve got a fantastic technical team exploration crew that’s willing to work 24/7 it’s exciting to be part of Durango and so excited and I want everyone who’s a shareholder there to know that our team is giving 110 percent for this program we spent months and months of planning it working on it making sure we had everything just so I actually want to take 1 minute to just say thank you to all of our shareholders and whether you’ve been a shareholder for 2 days are for. 10 years at you guys some of you guys have been in like me for the long haul and I just want to say thank you and I hope that your long wait will not be disappointing. Marcy this is what I love about our videos you just can’t get that kind of raw emotion that kind of leadership through a press release or blog post and I could have actually was gonna ask you a couple more questions about but I want to enter right there because that was powerful I love it and it shows you know that you’re all in on this your passion about it because you’ve you’ve got just the biggest stake as all the other shareholders so it event was motivated to see something great happened for Durango it’s you and thanks to that that was you for me as a shareholder dollars powerful stuff okay let’s get. You’ve been watching or you’ve been listening by podcast Marcy she’s been she’s president CEO of Durango resources as you can tell the governor trades on the TSX venture exchange under the stock symbol DGO now you’ve heard or listen to what Marcy had to say now it’s your turn you gotta do some diligence first thing I wanna do is get to the Durango hubo n AGORACOM specifically the profile page were laid everything out for ya in a great overview summary because we know there’s a lot to absorb here but we’re going to give that first overall summary then go over the Durango side do some deep dive into not only trove but India often windfall lake and up and up and go back to most of the east berry they’ve also discovered property we’ll talk about those next time so there’s a lot there’s a lot below the surface for Durango and hopefully today you’ve discovered your next great small cap gold company thanks for joining us everyone have a fantastic day so next time thanks George.

VIDEO – Durango $DGO.ca Commences Drilling on Trend with #Osisko $OSK.ca in Windfall Lake $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-JC at 7:58 PM on Sunday, October 18th, 2020
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Durango Resources (TSXV:DGO)  Resources is positioned to make the next gold discovery in Windfall Lake, Quebec. Drilling has commenced on the Trove property and Durango management eagerly awaits the results. The Trove property is in close proximity to Osisko’s Windfall Camp where Osisko acquired 2 claims along the boundary (in addition to their existing 12,000+ hectares in the area) with Durango’s Trove property. Years of exploration lead Durango to delineate 2 known gold producing faults with 15 drill holes targeting mineralization on the property.

Durango has multiple areas that are prospective for another discovery in the Windfall Lake Camp, so grab your favorite beverage and enjoy learning about how Durango could be the next SmallCap discovery in Windfall Lake.

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