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Durango Provides Disclosure Update

Posted by AGORACOM-JC at 2:55 PM on Thursday, February 11th, 2016

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  • Company announces that further to the release on February 9, 2016, the property under review adjoins the Lake Shore Gold Corp. (TSX-LSG) and Goldcorp’s (TSX-G) Whitney project in Ontario.
  • Lake Shore Gold announced a $945M business combination with Tahoe Resources Inc. on February 8, 2016 whereby all the common shares will be acquired by Tahoe Resources Inc.

Vancouver, BC / February 11, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that further to the release on February 9, 2016, the property under review adjoins the Lake Shore Gold Corp. (TSX-LSG) and Goldcorp’s (TSX-G) Whitney project in Ontario. Lake Shore Gold announced a $945M business combination with Tahoe Resources Inc. on February 8, 2016 whereby all the common shares will be acquired by Tahoe Resources Inc.

For disclosure purposes, Durango announces it wholly owns a property adjacent to the south of Metanor Resources (TSX.V-MTO) Moroy discovery in Quebec where Metanor announced today that a 60,000 metre drill program will commence at the end of February.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

DURANGO donne une information UPDATE

Vancouver, BC / TNW – Accesswire / Fevrier 11, 2016 – Ressources Durango Inc. (la Societe ou Durango) annonce que suite a la liberation le 9 Fevrier, 2016, la propriete a l’etude jouxte le Lake Shore Gold Corp.(TSX-LSG) et (TSX-G) Whitney projet de Goldcorp en Ontario. Lake Shore Gold a annonce un regroupement d’entreprises 945 M $ avec Tahoe Resources Inc. le 8 Fevrier, 2016 par lequel toutes les actions ordinaires seront acquises par Tahoe Resources Inc.

A des fins d’information, Durango annonce qu’il en propriete exclusive, une propriete adjacente au sud de la decouverte Ressources Metanor (TSX.V – MTO) Moroy au Quebec, ou Metanor a annonce aujourd’hui qu’un programme de forage de 60,000 metres debutera a la fin de Fevrier.
A propos de Ressources Durango Inc.

Durango est une societe de ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. En plus des projets de calcaire Fortune et de l’ile Smith de la Mayner, la Societe detient un interet de 100% dans la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de graphite Buckshot pres de la mine Miller Graphite au Quebec.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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 Reviews Data on NMX East Property, Defines Exploration Targets

Posted by AGORACOM-JC at 9:46 AM on Wednesday, February 10th, 2016

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  • Company provides update on its NMX East property, located adjacent to Nemaska Lithium Inc.’s rapidly advancing project located in the Eeyou Istchee / James Bay area of Quebec
  • Completed an evaluation of historical data available on its NMX East claims and has defined a series of priority targets, which it believes may be prospective for lithium mineralization
  • Intends to launch a limited reconnaissance program in the coming months to test for the potential for lithium-bearing pegmatite occurrences at these new targets

Vancouver, BC / February 10, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to report an update on its NMX East property, located adjacent to Nemaska Lithium Inc.’s rapidly advancing project located in the Eeyou Istchee / James Bay area of Quebec.

The Company has completed an evaluation of historical data available on its NMX East claims and has defined a series of priority targets, which it believes may be prospective for lithium mineralization. These targets are located primarily on its eastern claim block, located 1,200 metres east of Nemaska’s Whabouchi Lithium Deposit. Durango intends to launch a limited reconnaissance program in the coming months to test for the potential for lithium-bearing pegmatite occurrences at these new targets.

Durango’s NMX East property encompasses areas of topographic highs which may correlate with similar areas of high relief associated with nearby pegmatite intrusions, most notably at the Whabouchi Lithium Deposit, 1,200 metres to the west of Durango’s claim, as well as various other historically mapped pegmatite intrusions in the area (SIGEOM, Quebec Geologic Map, 2012 ed). LCT pegmatite intrusions, such as the Whabouchi pegmatite dike swarm, are known to occur in groups consisting of tens to hundreds of individuals and cover areas up to a few tens of square kilometres (USGS open file 2013-1008).

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO commentaires donnees sur NMX est la propriete, definit des cibles d’EXPLORATION

Vancouver, CB / TheNewswire / 10 fevrier 2016 – Durango Resources Inc. (le “Company”ou “Durango”) est heureux d’annoncer une mise a jour sur sa propriete de NMX East, situe a cote de projet essor rapide de Nemaska Lithium Inc., situe dans l’Eeyou Istchee / region de la baie James du Quebec.

La societe a termine l’evaluation de donnees historiques disponibles sur ses demandes de NMX East et a defini une serie de cibles prioritaires, dont il croit peut etre prospective pour la mineralisation de lithium. Ces cibles sont situees principalement sur son bloc de reclamation orientale, situe a 1 200 metres a l’est du gisement de Lithium Whabouchi de Nemaska. Durango a l’intention de lancer un programme de reconnaissance limitee dans les prochains mois pour tester le potentiel d’occurrences de pegmatite lithium-palier a ces nouveaux objectifs.

NMX est propriete de Durango englobe les zones des hauts topographiques qui peuvent etre correles avec des domaines similaires de haut-relief associee est proche des intrusions de pegmatite, plus particulierement au gisement de Lithium Whabouchi, 1 200 metres a l’ouest de la reclamation de Durango, ainsi que divers autres mappe historiquement des intrusions de pegmatite dans le domaine (SIGEOM, Quebec carte geologique, ed 2012). Les intrusions de pegmatite LCT, tels que le Whabouchi pegmatite essaim de dykes, sont connus pour se produire dans des groupes composes de dizaines a des centaines de personnes et couvrent des domaines jusqu’a quelques dizaines de km2 (USGS ouvrir fichier 2013-1008).

Le contenu technique de cette version ont ete approuve par M. Case Lewis, geo., un technicien qualifie tel que defini par la norme canadienne 43-101. La propriete n’a pas fait l’objet d’un rapport de la norme canadienne 43-101.

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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 timing of mineral resource estimates, 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.

Durango Reviews Property Near Lake Shore Gold

Posted by AGORACOM-JC at 2:17 PM on Tuesday, February 9th, 2016

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  • Company reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
  • LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”

Vancouver, BC / February 9, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces it is reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario.

LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.” “The new drill results from these areas demonstrate the potential to expand the current near surface resource to the west, to the north and to depth…”

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO commentaires propriete pres de LAKE SHORE GOLD

Vancouver, BC / TheNewswire / 9 fevrier 2016 – Durango Resources Inc. (le “Company” ou “Durango”) annonce il examine l’acquisition potentielle du sol pres de Lake Shore Gold (TSX-LSG) et Whitney Goldcorp (TSX-G) projet aurifere en Ontario.

LSG a annonce le 4 fevrier 2016, “or Lakeshore fore 12 metres de 29.42 g/t a Whitney” et “volcaniques du Nord se compose de la mineralisation aurifere et veines de quartz dans les roches volcaniques alterees situee a environ 430 metres a l’ouest de la zone 110 et au nord de structures deja minees. Les nouveaux resultats de forage dans ces zones demontrent le potentiel d’elargir le courant pres de ressource de surface vers l’Ouest, au nord et a profondeur…”

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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 timing of mineral resource estimates, 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.

Can Tourism Save Oman From Cheap Oil? – Analysis

Posted by AGORACOM-JC at 11:15 AM on Wednesday, February 3rd, 2016
Oman major oil and natural gas infrastructure. Source: U.S. Energy Information Administration, IHS EDIN
  • Of all Gulf Cooperation Council (GCC) members, non-OPEC Oman is most vulnerable to low oil prices.
  • Oman’s vibrant tourism industry has the potential to become the sultanate’s lifeline as the oil crisis poses a host of new challenges.
Oman major oil and natural gas infrastructure. Source: U.S. Energy Information Administration, IHS EDIN

By Giorgio Cafiero February 2, 2016

Of all Gulf Cooperation Council (GCC) members, non-OPEC Oman is most vulnerable to low oil prices. In the 1990s, the sultanate discovered that its oil reserves were substantially smaller than previously thought and Oman’s sovereign wealth fund is a fraction of the size of other GCC nations. At this juncture, Oman—dependent on hydrocarbons for 84 percent of its revenue and roughly half of its GDP—must increase revenue from non-energy sectors. Many Omanis believe that their nation’s vibrant tourism industry can serve as a Plan B, effectively counterbalancing the financial problems stemming from cheap oil.

As oil prices plummeted last year, Oman ran a USD 11.7 billion deficit. To finance the shortfalls in this year’s budget deficit (expected to reach USD 8.6 billion), officials in Muscat have recently approved belt-tightening measures such as raising corporate taxes, deregulating fuel prices, increasing expat visa fees, removing utility subsidies and indefinitely stopping bonuses for public sector employees.

Last month I travelled to Salalah where I met with hotel managers to discuss the country’s tourism industry and their role in the sultanate’s quest to achieve greater economic diversification. One could be forgiven for doubting that the tropical city of Salalah, situated along the Indian Ocean coast in Oman’s southernmost Dhofar governorate, belongs to the same continent, let alone country, as Muscat. Freshwater springs, waterfalls, fruit plantations, flower gardens, palm groves, and quiet beaches attract many tourists each year. Although travelers from Europe (mainly from Germany, Italy, Slovakia and Sweden) occupy the city’s hotels year round, Arab Gulf state nationals escape the scorching summer heat during the monsoon (or khareef) season between June and September to enjoy Salalah’s natural beauty and cooler temperatures.

Cheap oil has severely damaged Muscat’s economy, but it appears to have benefited Salalah’s. In an effort to diversify Oman’s sources of revenue, Omani officials have invested in large infrastructure projects across the Dhofar governorate, including the state-of-the-art Salalah International Airport that opened last year and the Sultanate’s National Railway network. Oman’s leadership views such projects as strategic investments that will pay off in the long run by enabling Salalah’s tourism industry to accommodate a greater number of international visitors.

Despite the proximity to Yemen, Salalah’s hotel managers maintain that there is no link between that country’s crisis and any decline in hotel occupancy. Fortunately for Salalah’s stakeholders, Yemen’s easternmost territory near Oman has remained relatively stable and peaceful. Yet, recognizing the potential threat that spillover from Yemen’s civil war could pose to peace in Salalah, Oman’s military has closed the border. Indeed, the Russian plane crash in Egypt and the Sousse and Bardo Museum attacks in Tunisia underscore the potential for terrorism to damage tourism industries.

Hotel managers worry less about spillover violence than the hesitancy of European tourists to vacation so close to a war zone, where heavily armed extremists have asserted their growing power through violence. To address this issue, Oman’s Ministry of Tourism has stepped up efforts to communicate to Western audiences that the country remains stable, despite the 187-mile border it shares with Yemen.

In addition to political stability, a peaceful and tolerant culture bodes well for the future of Oman’s tourism sector. As one hotel manager succinctly put it, “Oman is not Saudi Arabia.” In 2014 Oman’s Majlis al-Shura, the country’s elected consultative body, proposed legislation to criminalize alcohol. Yet, understanding the disastrous effect such a law could have on tourism, few in the tourism industry took the proposal seriously. One man in Muscat explained that although many Omanis do not drink alcohol (or do so rarely), it is contrary to the ‘Omani style’ to impose such a code on foreigners who hail from different parts of the world and bring their own cultures and traditions to the sultanate.

As a maritime nation that once governed an empire stretching from Pakistan to Tanzania, Oman identifies not only as an Arab and Muslim nation, but also as an Indian Ocean country. The racial, cultural, and religious diversity within the sultanate’s political and economic elite underscores Oman’s deeply rooted tradition of accepting non-Arabs and non-Muslims, who have long played an important role in the nation’s history. Omanis are an outwardly looking people who are proud of their diversity. The absence of sectarian strife, terrorism, and violence waged against Western expatriates and tourists certainly distinguishes Oman from other Middle Eastern countries.

Of course, Oman’s future is naturally uncertain. Experts have considered several scenarios whereby the death of Sultan Qaboos, on the throne since 1970, could trigger a succession crisis and foment political unrest. Yet if Oman can maintain its peace and stability in the post-Qaboos era, there is every reason to expect that tourism in Salalah and other parts of Oman can flourish regardless of low oil prices.

Oman’s economic model, which has depended on oil exports since the 1970s, has transformed the sultanate from the impoverished and isolated backwater it was during the reign of Sultan Qaboos’ father Said bin Taimur into a wealthy GCC member. However, such an economic model is unsustainable as Oman reportedly has only 15 years before its oil reserves go dry. To maintain long-term prosperity, Omanis must use their existing petro-wealth to diversify the economy and acquire more revenue from non-hydrocarbon sectors.

At present, cheap oil has exposed the risks of maintaining an unhealthy dependence on hydrocarbons. China’s economic slowdown, Saudi Arabia’s oil production policy, the reentry of Iranian oil on the global market, and the rise of the United States as a major energy actor have led analysts to predict that oil prices will remain low for at least a few more years. This dynamic does no favors for Oman’s state finances. However, Oman’s vibrant tourism industry has the potential to become the sultanate’s lifeline as the oil crisis poses a host of new challenges.

MENASource, a blog sponsored by the Atlantic Council, originally published this article.

Source: http://www.eurasiareview.com/02022016-can-tourism-save-oman-from-cheap-oil-analysis/

Durango Receives Unsolicited JV Proposal

Posted by AGORACOM-JC at 2:19 PM on Friday, January 29th, 2016

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  • Announced that it has received an unsolicited joint venture proposal for NMX East claims which are adjacent to Nemaska Lithium Inc. (TSX.V-NMX) Whabouchi Lithium Property
  • Nemaska Lithium announced on January 8, 2016 that it was added to the S&P/TSX.V Select Indices, and announced September 4, 2015 that it “Receives general certificate of authorization for Whabouchi Lithium Mine in Quebec”.

Vancouver, BC / January 29, 2016 – Durango Resources Inc. (the “Company” or “Durango“) announces that it has received an unsolicited joint venture proposal for Durango’s NMX East claims which are adjacent to Nemaska Lithium Inc. (TSX.V-NMX) Whabouchi Lithium Property. Nemaska Lithium announced on January 8, 2016 that it was added to the S&P/TSX.V Select Indices, and announced September 4, 2015 that it “Receives general certificate of authorization for Whabouchi Lithium Mine in Quebec”.

The NMX East Property is adjacent to Nemaska Lithium’s proposed open-pit lithium mine and consists of approximately 1,200 hectares of claims bordering the east, northeast, west and northwest.

Durango will provide further updates if and when a joint venture agreement is reached on the NMX East property.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

DURANGO RECOIT SOLLICITEES JV PROPOSITION
Vancouver, Colombie-Britannique / TNW-Accesswire / Janvier 29, 2016 – Ressources Durango Inc. (la “Societe” ou “Durango”) annonce qu’elle a recu une proposition de coentreprise non sollicitee visant les revendications NMX Est de Durango qui sont adjacentes a Nemaska Lithium Inc. (TSX.V-NMX) Lithium propriete Whabouchi. Nemaska Lithium a annonce le 8 Janvier, 2016, qu’il a ete ajoute a l’indice S & P / TSX-V Selectionnez indices et annoncee le 4 Septembre, 2015, qui elle “recoit certificat general d’autorisation pour Whabouchi mine de lithium au Quebec”.

La NMX-Orient propriete est adjacente a Nemaska Lithium propose mine a ciel ouvert de lithium et se compose d’environ 1,200 hectares de revendications qui bordent l’est, au nord, a l’ouest et au nord-ouest.
Durango fournira de plus amples mises a jour si et quand un accord de joint-venture est atteint sur la propriete NMX-Orient.
A propos de Ressources Durango Inc.

Durango est une societe de ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. En plus des projets de calcaire Fortune et de l’ile Smith de la Mayner, la Societe detient un interet de 100% dans la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de graphite Buckshot pres de la mine Miller Graphite au Quebec.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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.

LNG Investments Will Have Long-Term Benefits For B.C.

Posted by AGORACOM-JC at 11:03 AM on Friday, January 29th, 2016
LIQUEFIED NATURAL GAS TOKYO
  • Issuance of a key permit required for the development of the LNG Canada project by Shell is an exciting development, as it moves the project one step closer to fruition
  • Facility permit from the B.C. Oil and Gas Commission outlines the requirements for design, construction and operation of the proposed liquefied natural gas facility in Kitimat, B.C.
  • This alone does not guarantee the project will move forward, it is an indication that the proponents of the project still see benefits of establishing an LNG plant in B.C

The issuance of a key permit required for the development of the LNG Canada project by Shell is an exciting development, as it moves the project one step closer to fruition.

The facility permit from the B.C. Oil and Gas Commission outlines the requirements for design, construction and operation of the proposed liquefied natural gas facility in Kitimat, B.C. While this alone does not guarantee the project will move forward, it is an indication that the proponents of the project still see benefits of establishing an LNG plant in B.C.

These benefits are considerable: the climate of B.C.’s north coast is colder and therefore requires less energy to liquefy natural gas than in other areas, such as the Gulf Coast; there are abundant gas fields relatively close to the plant; the north west coast of B.C. is considerably closer to many markets than competing jurisdictions; and B.C. has an abundant supply of engineers, planners and construction workers that are fully capable of building and operating a complex plant.

Given the economic doldrums facing other resource-based sectors in B.C. with the collapse of oil prices and the malaise in the minerals and metals markets, the B.C. engineering community recognizes the importance of projects such as LNG Canada moving forward. For many firms, the development of an LNG industry will buffer the impact that the downturn of the resource sector is having.

B.C. engineers bring their technical knowledge and commitment to public safety to every stage of the LNG process. Engineers and geoscientists provide expertise in identifying sources of natural gas and in ensuring that the extraction of the natural gas is done safely and in accordance with the latest standards. Engineers specializing in natural gas projects design and monitor the construction and on-going operations of the pipelines that take the gas from the fields to the plants.

The liquefaction plants that will take the temperature of the gas to negative 160 degrees Celsius will be in done in strict accordance with international engineering standards. Even the ancillary infrastructure surrounding these plants will be designed by engineers to standards that are among the best in the world.

Once the gas is ready to be shipped, it will be loaded onto a tanker in port facilities that will be designed by engineers experienced in marine terminal design. Tanker routing is subject to the Transport Canada TERMPOL Review Process, involving over 20 in-depth studies, including navigation and risk assessments. Engineers play an integral role in identifying risks and developing strategies to mitigate these risks.

The attention to these details is reflected in the fact that since 1964, one LNG tanker has entered Tokyo harbour every 18 hours, and there has not been a single incident involving a tanker in that harbour in more than 50 years.

There is no doubt that the scope of the LNG Canada project is enormous. The liquefaction plant will cost up to $40 billion and the costs of the pipelines and the extraction will cost billions more. Against this scenario we have seen the price of natural gas drop from just under $6 to under $2.50 per million British thermal units.

The important consideration is that these are projects with a lifecycle of over 50 years. The odds are that given the growth in the world economy over time — and the increased demand from developing economies that require gas to not only power their growth, but also as a cleaner alternative to coal-power — there will be growing demand for LNG, and the investment today will be seen as a shrewd move in the years to come.

Keith Sashaw is president and CEO of the Association of Consulting Engineering Companies British Columbia (ACEC-BC).

Source: http://www.huffingtonpost.ca/keith-sashaw/lng-project-kitimat_b_9073114.html

Durango Enters ROFR for Historic Pegmatite-Hosted Lithium Prospect Hosting Samples up to 6,200ppm Li

Posted by AGORACOM-JC at 2:05 PM on Friday, January 22nd, 2016

  • Entered into a right of first refusal (ROFR) on a lithium prospect located near Duval, Quebec
  • Anomalous grab sample yielding 6,200ppm Li2O from pegmatite was reported from the Duval Property in 1988

Vancouver, BC / January 22, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has entered into a right of first refusal (ROFR) on a lithium prospect located near Duval, Quebec.

The Duval Property is located in La Motte Township, Quebec, adjacent to the historic lithium-producing La Corne Township. An anomalous grab sample yielding 6,200ppm Li2O from pegmatite was reported from the Duval Property in 1988 (SIGEOM Sample 1988008860).

The company will release further information regarding the Duval Property as it reviews the data for the project.

Lithium is used in several capacities, including in electric vehicle batteries such as TESLA (Nasdaq symbol TLSA). A recent report issued by Goldman Sachs dated December 2, 2015 called, “Lithium the new gasoline” http://www.goldmansachs.com/our-thinking/pages/macroeconomic-insights-folder/what-if-i-told-you/report.pdf.

An article on www.mashable.com by Adario Strange dated January 11, 2016, titled “Tesla’s Elon Musk claims and Apple Car is in the works” outlines Musk’s belief that APPLE Inc. (Nasdaq symbol AAPL) is working on developing and electric Apple car.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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.

Liberty Star – LBSR Joins the OTCBB

Posted by AGORACOM-JC at 10:21 AM on Thursday, January 21st, 2016

  • Trading symbol has joined the Over The Counter Bulletin Board (OTCBB). Liberty Star continues to trade through OTC Markets, Pink Current Information (OTCPK) as well

TUCSON, AZ–(January 21, 2016) – Liberty Star Uranium & Metals Corp. (“Liberty Star”) (OTCBB: LBSR) (OTC PINK: LBSR) is pleased to announce that its trading symbol has joined the Over The Counter Bulletin Board (OTCBB). Liberty Star continues to trade through OTC Markets, Pink Current Information (OTCPK) as well.

According to The Financial Industry Regulatory Authority (FINRA): “The OTC Bulletin Board (or OTCBB) is an interdealer quotation system that is used by subscribing FINRA members to reflect market making interest in OTCBB-eligible securities (as defined by FINRA Rule 6530). Subscribing market makers can utilize the OTCBB to enter, update, and display their proprietary quotations in individual securities on a real-time basis.” See more at FINRA.org

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Follow Liberty Star Uranium & Metals Corp. on Agoracom, Facebook , LinkedIn & Twitter@LibertyStarLBSR

Contact:

Agoracom Investor Relations
lbsr@agoracom.com
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers
520-425-1433
Investor Relations
info@libertystaruranium.com

American Creek Resources: Electrum Project-Rico Showing High Grade Average 54.6 GM/T Gold and 11,512 GM/T Silver

Posted by AGORACOM-JC at 9:07 AM on Thursday, January 21st, 2016

  • Eleven specimens were collected along a quartz vein.
  • Specimens from the structure average 11,512 gm/tonne silver and 54.6 gm/tonne gold.

CARDSTON, ALBERTA–(Jan. 21, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to provide results from outcrop specimens of high grade material collected on its Electrum property from a known vein on the Rico Showing. The Rico Showing is roughly 50 metres south of the Shiny Cliff Showing.

Eleven specimens were collected along a quartz vein. The specimens from the structure average 11,512 gm/tonne silver and 54.6 gm/tonne gold.

The following table lists the results.

Lab Ag Au
Specimen GM/T GM/T
L625675 1293 3.9
L625676 21068 75.1
L625677 18916 57.3
L625678 16466 93.2
L625679 969 5.2
L625680 44048 270.9
L625681 479 4.3
L625682 1050 4.6
L625683 717 8.4
L625684 10212 32.1
L625685 11187 52.9

The American Creek 2015 fall exploration program focused on the Shiny Cliff area, a northwest striking, approximately 10 metre wide highly silicified zone which hosts a minimum of three quartz veins. The zone and veins steeply dip southwest into the hillside. They have been traced on surface and tracked with horizontal drilling for 40 metres along trend. A modified diamond drill provided American Creek with the ability to drill targets of interest with precise short holes. American Creek is much encouraged with the success of the tight drill patterns, to reveal the geometry of the rich epithermal systems found on the property.

As reported previously, twenty-two specimens were collected along a central druzy quartz vein, approximately 35 cm wide, infilled with dark grey mineralization. The specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold.

The mineralized zone with North Face of Shiny Cliff is amenable to examination and thorough sampling by deep slot trenching. The practicality of this approach is illustrated by a roughly cubic 40 ton boulder that has broken off the face of Shiny Cliff and has moved about 20 metres downslope. Specimens from it averaged 857 gm/tonne silver and 10.6 gm/tonne gold.

The Mine Hill Showing is roughly half way between the historic East Gold mine and Shiny Cliff Showing. It is roughly 65 metres southeast of the Shiny Cliff Showing. Thirteen specimens were collected along a weathered, silificied and bifurcated, sulphide rich vein system. The specimens from the structure average 522.93 gm/tonne silver and 6.55 gm/tonne gold.

Lab Ag Au
Specimen GM/T GM/T
L625552 221 2.2
L625553 379 4.3
L625554 165 3.1
L625555 297 1.5
L625556 60 1.2
L625557 349 3.8
L625558 395 4.2
L625560 1912 23
L625561 1786 24.8
L625562 772 5.8
L625563 104 6.7
L625564 102 3.2
L625598 256 1.3

Precious metal values for all specimens were determined from fire assay by Bureau Veritas Minerals Laboratories (BVML) services in Vancouver, Canada.

A 100 metres southeast of the Rico, the Horse Trail Showing contains gold bearing galena. Exploratory grab specimens had gold values as high as 4.5 g/tonne.

Complete listing of assay results with a plan map of drill traces from the Electrum 2015 fall program, are available on the corporate website at www.americancreek.com.

The Electrum project is 100 per cent owned by American Creek and is located in the accessible southern portion of the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities. The Electrum project (historical East gold mine) is located approximately 25 km south of Pretivm’s Brucejack gold mine. The Electrum is 45 km by existing road from world-class concentrate shipping port facilities located in Stewart.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com

INTERVIEW: American Creek Discusses Recent High Grade Specimens With Avg. 27,092 gm/t Silver and 248 gm/t Gold

Posted by AGORACOM-JC at 8:38 AM on Wednesday, January 20th, 2016

  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold
  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing Read More

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