- Made arrangements to undertake site visits to its limestone properties located on the northwest coast of British Columbia
- Small exploration crew is poised to evaluate the logistics for a sampling program on its wholly owned Smith Island and Mayner’s Fortune properties
Vancouver, BC / October 17, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 29, 2016, it has made arrangements to undertake site visits to its limestone properties located on the northwest coast of British Columbia.
A small exploration crew is poised to evaluate the logistics for a sampling program on its wholly owned Smith Island and Mayner’s Fortune properties. The past producing Smith Island claims are located 6km southwest of Lelu Island, the proposed site of a pending $36 billion LNG facility that recently received conditional approval of the federal government. The Mayner’s Fortune claims are located approximately 7.5km southwest of Terrace, B.C., along the CN rail route between Terrace and Kitimat, B.C., where the proposed Royal Dutch Shell Consortium $40 billion LNG facility awaits a final investment decision.
Marcy Kiesman, CEO comments: “Durango is fortunate to have multiple properties positioned for discovery in its portfolio which starkly contrasts with many junior exploration companies. The management team has worked hard over the past few years to diversify its holdings and acquire projects at various exploration stages to mitigate shareholder risk. Our team looks forward to visiting the past producing project of Smith Island, mapping the extent of the multiple limestone units at Mayner’s Fortune, and meeting with local parties of interest and land users in the area.”
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 the LNG projects, obtaining final government, industry and other approvals of such projects, 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.