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Durango Provides Update On Properties in Windfall Lake Area $DGO.ca

Posted by AGORACOM-JC at 7:01 AM on Monday, March 13th, 2017

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  • Announces technical specifications on its Trove Property that is currently under negotiation as well as the additional property in the area that was recently acquired by Durango

Vancouver, BC / March 13, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the “Company” or “Durango”) announces technical specifications on its Trove Property that is currently under negotiation (the “Trove Property”) as well as the additional property in the area that was recently acquired by Durango (the “New Windfall Property”).

Previous exploration work conducted by Durango on the Trove Property included a VLF-EM survey and a detailed humus grid sampling of 1046 samples. NE-SW trending conductors were identified and a strong anomalous gold signal was defined from the humus survey in the SW portion of the property, about 160 m from an NE-SW regional fault crossing the Trove Property. This anomalous gold signal consists of three contiguous anomalous gold values, including 171 ppb Au, which is the highest assayed gold value that was returned from the humus sampling1.

The Trove Property lies in a highly favorable area of the Windfall Lake Gold camp and is almost entirely enclosed by Osisko Mining’s (TSX-OSK) ground. Per Durango’s map, several Osisko till anomalies are adjacent to Trove Property, three of which are located down-ice, indicating a possible source inside the limits of the Trove Property. A multi-element statistical approach is needed to enhance the interpretation of the humus soil sampling survey.

Durango’s recent acquisition of the New Windfall Property announced on March 6th, 2017 is located 2.5 km east of the Trove Property and adjoins the southern limit of Osisko’s ground. A limited amount of exploration work has been conducted over this ground which totals an area of over 2,000 hectares. The New Windfall Property is located within 1.5 km of the regional NE-SW faults extending from the Gladiator project of Bonterra Resources. A Power line is crossing the central portion of the claim block and several lakes and rivers are present, which may facilitate the access for future exploration works. Topography indicates that the area could be suitable for a till survey, as a first step to outline future targets. An additional 600 hectares is located to the west of the Trove Property and to the south.

Marcy Kiesman, CEO of Durango stated, “Durango has been positioned for discovery in the Windfall Lake area since 2010 with positive indicators on the Trove Property and our recently-acquired New Windfall Property in the area. Durango looks forward to an exciting year ahead and is working diligently to bring additional value to our shareholders.”

The technical contents of this release were approved by Mrs. Isabelle Robillard, M.Sc., P.Geo., an associate of Inlandsis Consultants s.e.n.c who is a Qualified Person as defined by National Instrument 43-101.

Reference
(1) Bedard, E. 2011, Technical Report on the Geological mapping, soil sampling and the geophysical survey of the Trove Property. 161 p.

About 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 lithium property near the Whabouchi mine and 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.

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: durangoresourcesinc@gmail.com

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 acquisition of additional ground, the sale of the Trove Property or any other properties held by Durango, the entering into of any transaction with any third parties, exploration results on the Trove Property or the New Windfall Property 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.

Vancouver, BC / March 13, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the “Company” or “Durango”) announces technical specifications on its Trove Property that is currently under negotiation (the “Trove Property”) as well as the additional property in the area that was recently acquired by Durango (the “New Windfall Property”).

Previous exploration work conducted by Durango on the Trove Property included a VLF-EM survey and a detailed humus grid sampling of 1046 samples. NE-SW trending conductors were identified and a strong anomalous gold signal was defined from the humus survey in the SW portion of the property, about 160 m from an NE-SW regional fault crossing the Trove Property. This anomalous gold signal consists of three contiguous anomalous gold values, including 171 ppb Au, which is the highest assayed gold value that was returned from the humus sampling1.

The Trove Property lies in a highly favorable area of the Windfall Lake Gold camp and is almost entirely enclosed by Osisko Mining’s (TSX-OSK) ground. Per Durango’s map, several Osisko till anomalies are adjacent to Trove Property, three of which are located down-ice, indicating a possible source inside the limits of the Trove Property. A multi-element statistical approach is needed to enhance the interpretation of the humus soil sampling survey.

Durango’s recent acquisition of the New Windfall Property announced on March 6th, 2017 is located 2.5 km east of the Trove Property and adjoins the southern limit of Osisko’s ground. A limited amount of exploration work has been conducted over this ground which totals an area of over 2,000 hectares. The New Windfall Property is located within 1.5 km of the regional NE-SW faults extending from the Gladiator project of Bonterra Resources. A Power line is crossing the central portion of the claim block and several lakes and rivers are present, which may facilitate the access for future exploration works. Topography indicates that the area could be suitable for a till survey, as a first step to outline future targets. An additional 600 hectares is located to the west of the Trove Property and to the south.

Marcy Kiesman, CEO of Durango stated, “Durango has been positioned for discovery in the Windfall Lake area since 2010 with positive indicators on the Trove Property and our recently-acquired New Windfall Property in the area. Durango looks forward to an exciting year ahead and is working diligently to bring additional value to our shareholders.”

The technical contents of this release were approved by Mrs. Isabelle Robillard, M.Sc., P.Geo., an associate of Inlandsis Consultants s.e.n.c who is a Qualified Person as defined by National Instrument 43-101.

Reference
(1) Bedard, E. 2011, Technical Report on the Geological mapping, soil sampling and the geophysical survey of the Trove Property. 161 p.

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 the NMX East lithium property near the Whabouchi mine and 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.

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: durangoresourcesinc@gmail.com

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 acquisition of additional ground, the sale of the Trove Property or any other properties held by Durango, the entering into of any transaction with any third parties, exploration results on the Trove Property or the New Windfall Property 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.

Fairmont Resources Inc. (TSX-V: FMR) Requests and Receives Extension for Grabasa Acquisition $FMR.ca

Posted by AGORACOM-JC at 12:00 PM on Thursday, March 9th, 2017

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  • Received an extension to complete the payment for Granitos de Badajoz (“Grabasa”) until April 24, 2017 from the Spanish Court in Badajoz

VANCOUVER, BRITISH COLUMBIA–(March 9, 2017) - Fairmont Resources Inc. (“Fairmont”) (TSX VENTURE:FMR) is pleased to announce it has received an extension to complete the payment for Granitos de Badajoz (“Grabasa”) until April 24, 2017 from the Spanish Court in Badajoz.

“Unexpected delays with clearance documentation from the European based funding group put us in a position that required an extension request,” states Michael Dehn, President and CEO of Fairmont Resources.

About Fairmont Resources Inc.

Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture Exchange symbol FMR.

Fairmont’s Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup property having a permit to quarry dense aggregate. Where these occurrences have been tested they have display exceptional uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000 square metre granite finishing facility that has produced finished granite installed across Europe.

On behalf of the Board of Directors,

Michael A. Dehn, President and CEO, Fairmont Resources Inc.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Fairmont’s control. Such factors include, among other things: risks and uncertainties relating to Fairmont’s ability to complete the proposed private placement financing, limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.

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.

Michael A. Dehn
President and CEO, Fairmont Resources Inc.
647-477-2382
michael@fairmontresources.ca
www.fairmontresources.ca

Doren Quinton
President QIS Capital
250-377-1182
info@smallcaps.ca
www.smallcaps.ca

Drivers, Restraints & Popular Trends of Anthracite Coal Mining Industry : 2019 $AEXE.us

Posted by AGORACOM-JC at 9:27 AM on Wednesday, March 8th, 2017
  • Most favored PCI’s (pulverized coal injection products) and ULV (ultra low volatile products) that is directly fed into blast furnace in countries such as China and India
  • Use of ULV is sought by steel mills as it provides superior performance due to higher carbon and energy content
  • Immensely increased the market for anthracite coal mining

Anthracite is a hard and compact variety of coal that has the highest content of carbon amongst all types of coals. With fewer impurities & highest calorific value there is a global increase in anthracite’s demand which is escalating the anthracite coal mining market. It accounts for only 1% of the total world’s coal reserves. Residue left over after the combustion of anthracite has fewer impurities with negligible smoke compared to other varieties of coal which makes it an efficient fuel. The global market for anthracite coal mining keeps on changing and evolving based on new partnerships, acquisitions or new players. There is a fundamental shift in the mineral resources market where the traditional producers and suppliers are diverting supplies to domestic consumers and are focusing on its imports.

Anthracite is the most favored PCI’s (pulverized coal injection products) and ULV (ultra low volatile products) that is directly fed into blast furnace in countries such as China and India. The use of coke has been reduced by anthracite, as it is a superior and cleaner substitute; moreover the worldwide shortage of coke and its relatively high price has strengthened the demand for ULV anthracite in future. The use of ULV is sought by steel mills as it provides superior performance due to higher carbon and energy content. This has immensely increased the market for anthracite coal mining. Mining is a risk prone task which destroys the land and emits harmful gases besides the anthracite mines are prone to danger that includes roof falls, explosions, mine fires and collapsing of mines. The miners fear many types of natural incidents that can be caused by properties of coal and underground atmosphere such as “marsh gas” and “fire damp”.

Anthracite is classified in to three grades based on its carbon content and its mining is done based on the type of coal required. The segmentation of anthracite mining market is done on the basis of anthracite coal grades:

Standard grade
High grade
Ultra-high grade
The segmentation of anthracite coal mining market can also be done on the basis of types of mining in anthracite fields as follows:

Shaft mine
Drift mine
Slope mine
Surface mine

Anthracite can be extracted from the mountain forming areas where the metamorphosed anthracite coal deposits are found. The anthracite coal mining market is segmented in the basis of regions as:

Pennsylvania
China
Vietnam
North Korea
U.S.
The end users of anthracite coal include sectors such as power industry, railway, coke producers, steel manufacturers and commercial users. Some of the other areas of application of anthracite include as a coke substitute in chemical industries, in building material production, sugar production and in production of plastics, sorbents & adsorbents.

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

Source: http://www.openpr.com/news/459058/Anthracite-Coal-Mining-Industry-Drivers-Restraints-Popular-Trends-2019.html

Mining Minute – Season 2 Episode 7 – Firestarter Screening in Toronto $KWG.ca

Posted by AGORACOM-JC at 2:46 PM on Tuesday, March 7th, 2017

HPQ Silicon Announces Closing of Final Tranche of Over-Subscribed Private Placement $HPQ.ca

Posted by AGORACOM-JC at 10:41 AM on Tuesday, March 7th, 2017

Hpq large

  • Completed the second and final tranche closing of its previously announced non-brokered private placement consisting of the issuance and sale of an aggregate amount of 2,488,234 units at $0.17 per Unit for gross proceeds of $423,000

MONTREAL, QUEBEC–(March 7, 2017) - HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that it has completed the second and final tranche closing of its previously announced non-brokered private placement consisting of the issuance and sale of an aggregate amount of 2,488,234 units (“Unit”) at $0.17 per Unit for gross proceeds of $423,000. The Net proceeds of the placement will be used for on-going R&D investments related to the development of 200 Ton/Year Solar Grade Silicon Metal PUREVAP™ Quartz Reduction Reactor Pilot equipment, general corporate expenses, legal expenses and placement fees.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 during a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “Demand for participation in HPQ private placements continues to be strong, and it exceeded the over allocation allotment mentioned in our February 3, 2017 press release. Since December 2016, the Corporation as raised close to $3 million. These financings are key as they provide HPQ-Silicon the funds required to continue the development of the Pilot Plant project with Pyrogenesis, and the necessary time required for our discussions with Government based agencies that manage funding programs for which the PUREVAP QRR is eligible.”

OTHER CORPORATE MATTERS Shares have been issued to pay an outstanding debt of $28,250 for services rendered during the period from July 16, 2016 ending Jan 15, 2017.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.999+% Si) producer.

Our business model is focused on developing a one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the 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.

Shares outstanding: 164,704,382

Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Durango Attends Meetings at PDAC & Windfall Lake Aquisition $DGO.ca

Posted by AGORACOM-JC at 8:00 AM on Monday, March 6th, 2017

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  • Announced that Company representatives are attending the Prospectors & Developers Association of Canada (PDAC) convention this week to meet with potential financiers, parties interested in the Trove project, and with a professional geologist executive who has been involved with several successful exploration companies

Vancouver, BC / March 6, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that Company representatives are attending the Prospectors & Developers Association of Canada (PDAC) convention this week to meet with potential financiers, parties interested in the Trove project, and with a professional geologist executive who has been involved with several successful exploration companies.

The Company would also like to announce the acquisition of additional ground in the Windfall Lake gold area. The property is in the Windfall Lake Gold Camp area and is over 2,600 hectares and adjoins property held by Osisko Mining, who just announced on February 28, 2017, the completion of an $82M equity financing. The terms of the 100% purchase agreement are $10,000 cash on signing, and 1,000,000 common shares to be issued upon TSX Venture Exchange approval. Finder’s fees of up to 100,000 common shares may be payable subject to TSX Venture Exchange approval. There is no NSR on this property.

Marcy Kiesman CEO of Durango stated, “The recent news by other juniors charging into the area suggested that Durango should act on acquiring the strategically located ground offered to the company. This past February over $100M dollars in financings have been announced by four major companies in the Windfall Lake area. We look forward to what appears to be an exciting year ahead and will continue to work diligently to bring value to our shareholders.”

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 the NMX East lithium property near the Whabouchi mine and 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.

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: durangoresourcesinc@gmail.com

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 acquisition of additional ground, the sale of the Trove or any other properties held by Durango, the entering into of any transaction and/or financing with any third parties 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.

Durango Offered Additional Ground In Windfall Lake Area $DGO.ca

Posted by AGORACOM-JC at 9:19 AM on Wednesday, March 1st, 2017

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  • Offered additional ground for purchase in the Windfall Lake Gold Camp area
  • Certain of such properties adjoin property held by Osisko Mining who just announced on completion of an $82M equity financing while other properties offered adjoin property held by Beaufield Resources

Vancouver, BC / March 1, 2017 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it has been offered additional ground for purchase in the Windfall Lake Gold Camp area. Certain of such properties adjoin property held by Osisko Mining who just announced on February 28, 2017 the completion of an $82M equity financing while other properties offered adjoin property held by Beaufield Resources.

Marcy Kiesman CEO of Durango stated, “This past February over $100M dollars in financings have been announced by four major companies in the Windfall Lake area. This activity has increased the attention of the discussions regarding our Trove Property, and management is continuing discussions with third parties in respect of a potential transaction; however, we would like to emphasize that Durango has not reached any agreements at this point in time. Management will advise when and if any agreement is reached. We look forward to what appears to be an exciting year ahead and will continue to work diligently to bring value to our shareholders.”

Further to the news of February 13th, 2017, Durango has agreed to pay a finder’s fee to an arm’s length party of 100,000 common shares in relation to the Industrial Mineral transaction in accordance with and subject to the policies and approval of the TSX Venture Exchange.

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 the NMX East lithium property near the Whabouchi mine and 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.

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: durangoresourcesinc@gmail.com

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 acquisition of additional ground, the sale of the Trove or any other properties held by Durango, the entering into of any transaction with any third parties 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.

Explor Increases Ogden Property $EXS.ca

Posted by AGORACOM-JC at 8:52 AM on Tuesday, February 28th, 2017

Exs logo

  • Acquisition of 6 mining claims (16 mineral claim units) situated in the Porcupine mining division, district of Cochrane, in the Ogden Township, Ontario
  • Claims are located in Ogden Township to the North and East of the Ogden Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins
  • Claims were acquired because of encouraging results obtained in Explor’s past exploration on this property.

ROUYN-NORANDA, QUEBEC — (Feb. 28, 2017) - Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of 6 mining claims (16 mineral claim units) situated in the Porcupine mining division, district of Cochrane, in the Ogden Township, Ontario. These claims are located in Ogden Township to the North and East of the Ogden Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins. The claims were acquired because of encouraging results obtained in Explor’s past exploration on this property.

Explor Resources Inc. will pay CDN $10,000 and issue 500,000 common shares to acquire a 100% interest in the additional Ogden claims. The optionors have retained a 2% NSR in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

With this acquisition, the Ogden property now consists of 21 mining claims (115 mineral claim units) covering 1,844 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden Township, Ontario. The Ogden property has been previously explored by Hollinger Mines, Tex-Sol Exploration, Inmet Mining Corporation, Amax Mineral Exploration, Noranda Exploration and Knick Exploration. The majority of the holes drilled by previous operators were less than 100 meters in length. Historically on the Ogden Property, the only hole that hit significant mineralization was a diamond drill hole by Tex-Sol Exploration in 1965 which returned 6.0 g/t Au over 9.1 m at a shallow depth. On the TPW Gold Property significant mineralization was intersected below 300 meters of vertical depth requiring drill holes of 500 to 600 m in length. Explor has completed a drill program on the Ogden Property with the following encouraging results:

Hole #OG-16-02 intersected 2.06 g/t Au over 1.50m from 154.5 to 156.0 meters

Hole #OG-16-05 intersected 1.99 g/t Au over 1.80m from 438.0 to 439.8 meters.

The preliminary exploration program conducted by Explor consisted of six NQ holes for a total of 3,648 meters of diamond drilling. The holes averaged 600 meters in length. The property was found to contained favourable geology to host gold mineralization. The diamond drill program used geophysical targets identified by Explor’s ground geophysical surveys conducted by Explor and Knick Exploration. The program was successful in that all IP targets were intersected. The geological environment identified was similar to the Timmins Porcupine West Property. Rock type intersected included Quartz Feldspar Porphyry (QFP), Mafic Volcanics, and Sulfide zones containing fine grain pyrite mineralization.

The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. The deposits appear to be also associated with splay faults that trend off and to the North of the Porcupine Destor fault inside an interpreted splay fault corridor.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources invites investors to visit our booth at the following conference:

Booth #2122 at the Investor Exchange of the PDAC 2017 located in the south building of the Metro Toronto Convention Center from March 5 to March 8, 2017.

The management team at Explor Resources Inc. looks forward to having you join us.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:
Indicated:213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred:77,000 oz (1,140,000 tonnes at 2.09 g/t Au)
Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:
Indicated:396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred:393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Explor Resources Inc.
Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
info@explorresources.com
www.explorresources.com

CLIENT FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K oz Inferred Gold $EXS.ca

Posted by AGORACOM-JC at 12:43 PM on Monday, February 27th, 2017

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%
  • Property Is 13 KM From Downtown Timmins
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of LSG West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

Chester Copper & VMS Project (3500ha)

  • Recent intersection of 2.187% Copper Over 9.66 Meters
  • Mineral Target: Cu, Pb, Zn, Ag, & Au
  • 70 km SW of Bathurst NB
  • Structural Model Complete
  • 300 m wide x 2000m long mineralized Corridor identified
  • Ramp to ore zone (480 meter long (3m x 4m)
  • Optioned to Brunswick Resources (BRU)
  • Brunswick to spend $500,000 over 3 years
  • Explore to receive $40,000 and 5,000,000 shares of BRU
  • Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
    2,089,000 Inferred t @ 1.26 % Cu
  • Recently completed diamond drill Holes for a total of 2,027 meters


Kidd Creek Project (2466 ha)

  • Mineral Target: Cu-Zn Ore
  • Located 1.0 km west of Kidd Creek Mine
  • Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
  • Numerous Geophysical max/min and IP Targets
  • So encouraged by the initial results of the 3000 meter program, decided to more than double the diamond drilling program planned to 7275.7 meters

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

  • Mineral Target: Gold
  • Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
  • Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
  • Wrap around Clifton Star

Nelligan (1198 ha):

  • Mineral Target: Nickel
  • Located in Val d’Or mining district of Quebec
  • Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
  • Discovered anomalous Nickel, Copper Zones

Launay (2250 ha):

  • Mineral Target: Nickel
  • Mineralized zones contained in mafic volcanic rocks
  • Contiguous to Royal Nickel’s Dumont property (NW end)

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Durango Receives Additional Offer On Windfall Gold Camp Property $DGO.ca

Posted by AGORACOM-JC at 8:40 AM on Monday, February 27th, 2017

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  • Additional unsolicited offer was received on its Trove Property located in the Windfall-Urban gold camp district of northern Quebec

Vancouver, BC / February 27, 2017 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to the news of February 24, 2017, an additional unsolicited offer was received on its Trove Property located in the Windfall-Urban gold camp district of northern Quebec.

Durango’s 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) and Beaufield Resources (TSX.V-BFD) who both hold large land packages in the area and currently have drill programs underway.

Marcy Kiesman, CEO of Durango stated “Three companies in the Windfall Lake area have raised over $70 million dollars this month for exploration. As two of Durango’s immediate neighbours are drilling over 400,000 metres at Windfall, the Trove Property remains positioned for discovery. Durango’s Board of Directors is reviewing the offers for the Trove Property, however no agreements have been reached, and the Company will provide further details as they become available.”


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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: durangoresourcesinc@gmail.com

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 completion of any transaction involving the Trove Property with any third party 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.