- Recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties
Vancouver, BC / June 23, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that Durango has recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties.
On May 5, 2016, Durango reported the identification of pegmatites were discovered on Durango’ s property which is tied to Nemaska Lithium’s (TSX.V-NMX) proposed Whabouchi Lithium Mine. This pegmatite discovery was made by the analysis of the 43-101 Abigail Property report written for Tucana Lithium Corp. in 2011 by Donald Theberge, P.Eng. Mr. Theberge is now currently compiling information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec for Durango.
Marcy Kiesman, CEO of Durango, comments, “In effort to position for discovery, Durango is extremely pleased to have Donald Theberge, P.Eng. lead the exploration program due to his extensive knowledge of the geology in the area and his past work experience with Nemaska Lithium. I firmly believe that having Mr. Theberge lead our exploration team is a significant advantage and a strategic step for Durango.”
Further to the news dated June 22, 2016, announcing a financing of up to 5 million units, part of the units comprising the financing will be distributed pursuant to British Columbia Instrument 45-536. There is no material fact or material change about the Company that has not been generally disclosed.
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: [email protected]
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 purchase, development, financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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