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Durango Closes Purchase of Dianna Lake Silver Prospect, Host to Past Grab Samples as High as 2,480 Oz/ton Silver $DGO.ca

Posted by AGORACOM-JC at 1:11 PM on Thursday, April 21st, 2016

Announced further to its news of March 22, 2016, the Company has closed the purchase of its 100% interest in the Saskatchewan ground known as the Dianna Lake Silver Prospect by payment of $150,000
The Dianna Lake silver project consists of 131 hectares located 17 kilometres northwest of Uranium City, Saskatchewan
Host to Past Grab Samples as High as 2,480 Oz/ton Silver

Vancouver, BC / April 21, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces further to its news of March 22, 2016, the Company has closed the purchase of its 100% interest in the Saskatchewan ground known as the Dianna Lake Silver Prospect by payment of $150,000.

The Dianna Lake silver project consists of 131 hectares located 17 kilometres northwest of Uranium City, Saskatchewan.

It was reported this week on April 20, 2016 in the Financial Times article, “Silver surges to best performing commodity” by Henry Sanderson, “An explosive two-week rally has made silver one of the best performing commodities this year, fueled by a surge in interest from hedge funds.”

Marcy Kiesman, CEO stated “The Financial Times article referenced above outlines the Silver commodity price surge in recent weeks and the Dianna Lake Silver Prospect was drilled prior to the recent 2011 silver price highs, therefore it is a relatively new prospect being introduced to silver players worldwide. An exploration program will be announced in the coming months and, pending adequate funding, is currently planned to include drill hole testing. Having the opportunity to re-initiate exploration on a silver prospect that has not been explored in the past fifteen years is an exciting opportunity as Durango positions for discovery.”

About the Dianna Lake Silver Prospect

Durango’s Dianna Lake Silver Prospect covers a historic area in which, from 1968 to 1969, two high-grade, primarily native silver-bearing exploration targets of between 30,000 and 50,000 tonnes grading five to 10 ounces per ton silver, approximately 600 metres apart, were determined by trench grab sample assays, according to a historic evaluation report composed for Comaplex Resources in 1980(1) *.

* Potential quantities and grades are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Additionally, the main silver-bearing zone is spatially associated with a large zone of low-grade, disseminated copper-silver mineralization in which “drilling of two IP anomalies indicated approximately five million tonnes averaging 0.4 ounce per ton Ag and 0.4 per cent Cu” (undefined category historic resource estimate), according to the same report (1) **.

** A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the issuer is not treating the historical estimate as current mineral resources or reserves. Further work must be carried out to verify all historic information before a resource estimate is possible.

Fourteen additional induced polarization anomalies in the historic exploration area surrounding Dianna Lake and the nearby Doug Lake remain yet undrilled, according to the Comaplex Resources report (1), four of which occur within the property boundary of Durango’s Dianna Lake silver project.

Previous work on the claims was reported in 1969, 1980 and 1998 and included diamond drill holes, trenches, and pits primarily across two zones where mineralization was identified at or near surface. One zone was reported to have five trenches exposing Ag-Cu mineralization over approximately 80 metres. Historic grab samples from Pit 1 of this zone included ounce-per-ton silver values of 2,458.4, 684.4, 647.4, 600.2, 464.2, and 454.8 ounces per ton Ag. Out of 18 grab samples, 13 samples assayed between 185.0 and 2,458.4 ounces per ton. Pit 2 grab samples returned reported highs of 298.0 and 197.0 ounce per ton Ag (out of seven samples ranging from 12.2 to 298.0 ounces per ton Ag) (1). (The Company cautions that grab samples are selective and may not be representative of the mineralization on the property.)

The technical contents of this release were approved by 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.

References

(1) “Evaluation report of the Dianna Lake silver-copper property, CBS 3141, S-97735 and S-97736, Uranium City area, Saskatchewan, Canada, for Comaplex Resources International Ltd.” E.G. Kennedy, PEng, 1980.

About Durango Resources Inc.

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, Lac Noirs, Montagne North and Boomerang lithium properties near the Whabouchi mine, 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, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its website and 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 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.

Tags: #mining, #smallcapstocks, $TSXV, lithium
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Durango Secures Additional Claims Hosting Pegmatites Near Whabouchi And Announces Exercise Of Warrants $DGO

Posted by AGORACOM-JC at 8:29 AM on Wednesday, April 20th, 2016

Secured the two claim blocks located to the northwest and southeast of Nemaska Lithium’s Whabouchi Project in Quebec.
Montagne North property is located to the northwest and is contiguous with Nemaska Lithium Corp.’s (TSX.V-NMX) Whabouchi Property and the Lac Noir property is located to the southeast of Nemaska Lithium’s Whabouchi Property
Both of the properties were purchased by Durango based on the pegmatites mapped by the Theberge report as discovered by Nemaska Lithium Corp

Vancouver, BC / April 20, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces further to the news of April 14, 2016, that it has secured the two claim blocks located to the northwest and southeast of Nemaska Lithium’s Whabouchi Project in Quebec.

The Montagne North property is located to the northwest and is contiguous with Nemaska Lithium Corp.’s (TSX.V-NMX) Whabouchi Property and the Lac Noir property is located to the southeast of Nemaska Lithium’s Whabouchi Property.

Both of the properties were purchased by Durango based on the pegmatites mapped by the Theberge report as discovered by Nemaska Lithium Corp. in 2011 and will be 100% owned by Durango upon payment of $50,000 to an arm’s length vendor. Durango now holds over 2,100 hectares in the regional pegmatite belt.

Durango is now in final discussions regarding the joint ventures as previously announced on January 29, 2016 and February 18, 2016 in relation to the Buckshot graphite property and NMX East lithium property. A full update will be provided as soon as it becomes available on the joint ventures.

Additionally, Durango is pleased to announce that over the past week, warrant holders have exercised over 3.25 million warrants (“Warrants”) for aggregate proceeds of over $325,000. Each Warrant was exercised for one common share at an exercise price of $0.10 per Warrant.

Marcy Kiesman, CEO of Durango comments, “We are pleased to have secured the strategic claims with pegmatites near the Whabouchi project in Quebec. The warrant exercises have strengthened our financial position and will enable management to plan a sampling program on our newly acquired properties to determine whether the mapped pegmatites host lithium. We look forward to an exciting year ahead and will work diligently to provide value to our shareholders.”

About Durango Resources Inc.

For further information on Durango, please refer to its website and 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

Tags: #mining, #smallcapstocks, $TSXV, CSE, lithium, Nemaska Lithium Inc.
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Durango Whitney Northwest Claims Host To Gold Bearing Till Samples $DGO

Posted by AGORACOM-JC at 12:05 PM on Friday, April 15th, 2016

Whitney Northwest Gold Project, located approximately 3.5 kilometres northwest of Tahoe Resources (T-THO and NYSE-TAHO) Bell Creek Mine and 10 kilometres northeast of the City of Timmins, Ontario
Works included geophysical surveys, consisting of VLF-EM and electromagnetic (EM), 4 diamond drill holes, and 37 reverse circulation holes totaling 2,950 feet (899 metres) drilled across the historic Moneta ground (34 of which were collared within Durango’s claim boundary)

Vancouver, BC / April 15, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce additional information on its 100% owned Whitney Northwest Gold Project, located approximately 3.5 kilometres northwest of Tahoe Resources (T-THO and NYSE-TAHO) Bell Creek Mine and 10 kilometres northeast of the City of Timmins, Ontario.

The Whitney Northwest Project was previously worked by Moneta Porcupine Mines Ltd between 1987 and 1990, with several reports detailing the work carried out by the company filed with the Ontario Assessment File Database (“AFRI”). The works included geophysical surveys, consisting of VLF-EM and electromagnetic (EM), 4 diamond drill holes, and 37 reverse circulation holes totaling 2,950 feet (899 metres) drilled across the historic Moneta ground (34 of which were collared within Durango’s claim boundary). (1) (2) (3) *

VLF-EM and electromagnetic surveys were carried out in 1987, across the historical property area and covering the entirety of the Whitney Northwest property. The surveys identified 7 anomalous zones, 5 of which occur within Durango’s property, and were suspected to be graphitic in nature and/or related to conductive fault zones of several events (1). In addition, “two northwest-trending fault zones are suspected on the Base Line at 40+00 East and 76+00 East … [displacing two conductors] by several hundred feet”. (1) The same report goes on to state that the geophysical surveys may have located the possible extension of the Burrows-Benedict Fault zone. (1) *

The reverse circulation (RC) drilling campaign carried out in 1989 targeted sampling within till and sediment, with additional sampling in bedrock at the terminus of each hole which penetrated an average of 1.5 metres into bedrock. The best three samples assayed 15,000 ppb, 2,400 ppb, and 2,300 ppb Au from till in holes MGM-87-22, -24 and -09 respectively. These samples were also selectively subjected to gold grain analysis in which abraded grains and flakes were identified in hole MGM-87-09 and -24, and abraded grains were observed in hole MGM-87-22. A total of 30 samples in 21 of the 34 RC holes drilled on the Whitney Northwest Property yielded gold values exceeding 100 ppb, with an average of 970 ppb and a median of 255 ppb, all within till and sediment. Bedrock samples did not yield significant gold grades. (3) *

Diamond drilling was carried out in 1987 and 1990 for Moneta Porcupine Mines Inc. Of the four holes drilled on the Whitney Northwest property, Hole MT-90-04 intersected a graphitic, brecciated shear zone of approximately 15 metres apparent thickness and was not sampled for gold mineralization. (2) *

* The reader is cautioned that assays and data cited above are historical in nature and recently acquired. Sampling, analytical and test data underlying the information and opinions contained in the written disclosure have not yet been verified by a qualified person. Further work must be carried out in order to verify the information contained in the historic reports.

President and Director of Durango, Marcy Kiesman, stated, “We are pleased with the results of the past work completed on the Whitney NW property which now gives Durango a solid starting point for future exploration. In light of the results, we have prioritized following up on potential fault zones on the property as indicated by the previous drilling and geophysics.”

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

References:

(1)”Magnetic and Electromagnetic Surveys for Moneta Porcupine Mines Incorporated on the Murphy Township Project, Little Goose Lake” K. A. Jensen, Consulting Geologist/Geophysicist., AFRI Report 42A11SE0514, April 1987.
(2)”Diamond Drilling” Moneta Porcupine Mines Inc., AFRI Report 42A11SE0506, April 1987.
(3)”Report on Reverse Circulation Overburden, MGM-87 Project – Goose Lake Claims, Murphy Twp, Timmins Ont” F.P Yungwirth, Moneta Porcupine Mines Inc. AFRI Report 42A11SE0509, April 1989.

About Durango

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 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.

Tags: #mining, #smallcapstocks, $TSXV, gold
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Durango Adds Additional Pegmatite Ground And Negotiates On Additional Ground Adjacent To Nemaska’s Whabouchi Property $DGO

Posted by AGORACOM-JC at 9:30 AM on Thursday, April 14th, 2016

Announced that it is negotiating on two additional parcels of potential lithium ground located near the Whabouchi property in northern Quebec
First package is adjacent to the northwest boundary of Nemaska Lithium Corp. (TSX.V-NMX) Whabouchi property,
Second is located to the southeast of Nemaska Lithium and south of Durango’s existing NMX East ground.

Vancouver, BC / April 14, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it is negotiating on two additional parcels of potential lithium ground located near the Whabouchi property in northern Quebec. The first package is adjacent to the northwest boundary of Nemaska Lithium Corp. (TSX.V-NMX) Whabouchi property, and the second is located to the southeast of Nemaska Lithium and south of Durango’s existing NMX East ground.

Durango has also staked 320 hectares south of its original NMX East ground which previously belonged to Tucana Lithium Corp. The staked area encompasses a pegmatite intrusion measuring approximately 3 kilometres long at surface and trending to the northeast, according to Quebec regional geologic mapping (2).

President Marcy Kiesman stated, “We are pleased to cover as much of the historically mapped pegmatites as possible in the region as they provide Durango with excellent targets for the upcoming pegmatite sampling and VLF survey which will enable us to pinpoint the extent of the pegmatites and establish drilling targets.”

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 yet been the subject of a National Instrument 43-101 report.

References

(1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.
(2)SIGEOM WMS (2016). “50k Regional Geology” layer.

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, 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

Tags: #mining, #smallcapstocks, $TSXV, clean energy, green energy, lithium, Tesla Motor Cars
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Durango Arranges Financing

Posted by AGORACOM-JC at 9:39 AM on Tuesday, April 12th, 2016

Arranged a financing of up to five million units (“Units”) at a price of $0.20 per Unit for gross proceeds of up to $1,000,000
Proceeds from the Financing will be used for exploration and general working capital

Vancouver, BC / April 12, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that it has arranged a financing of up to five million units (“Units”) at a price of $0.20 per Unit for gross proceeds of up to $1,000,000 (the “Financing”).

Each Unit will consist of one common share (“Share”) and one share purchase warrant (“Warrant”). Each Warrant will be exercisable for one common share at an exercise price of $0.30 for a period of twenty months from the date of issuance. All Warrants will be exercisable into non-flow through common shares.

Proceeds from the Financing will be used for exploration and general working capital.

The Financing may close in tranches and is subject to certain conditions, including, but not limited to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued pursuant to the financing will be subject to a four month hold period commencing on the date of issuance.

Marcy Kiesman, CEO of Durango, comments: “We are pleased to be gaining traction on our properties which are positioning Durango for discovery in this challenging market. Management will be working diligently to allocate funds from the Financing in the most cost-effective manner to maximize value for 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, 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, 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 completion of the Financing, obtaining the approval of the TSX Venture Exchange, the timing of completion of the Financing, 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.

Tags: #mining, #smallcapstocks, $TSXV, lithium, Nemaska Lithium Inc.
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TRADING ALERT – Durango Resources (DGO: TSX-V) Up 64% on 917K Shares Traded

Posted by AGORACOM-JC at 11:06 AM on Monday, April 11th, 2016

TRADING ALERT!!!

Last: $0.115 Up: $0.045

Percentage: +64% Vol. 917K

Hub On AGORACOM / Read Recent Releases

Tags: #mining, #smallcapstocks, $TSXV, lithium
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Historic Report Outlines Pegmatite On Durango Ground Adjacent To Nemaska’s Whabouchi Property

Posted by AGORACOM-JC at 10:02 AM on Thursday, April 7th, 2016

Announces further historical information on its 100%-owned NMX East Project, located near Nemaska Lithium Corp.’s (TSX.V-NMX) Whabouchi property in northern Quebec
Approximately 250 metres north of the eastern claim block of Durango’s NMX East Project, an outcrop was sampled during the sampling program which returned anomalous Ta, Nb, and Sm values

Vancouver, BC / April 7, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces further historical information on its 100%-owned NMX East Project, located near Nemaska Lithium Corp.’s (TSX.V-NMX) Whabouchi property in northern Quebec.

In 2011, Tucana Lithium Corp. (“Tucana”) commissioned an NI 43-101 Technical Report which summarized work completed by Nemaska Exploration Inc. (now Nemaska Lithium Corp.) (“Nemaska”) on behalf of Tucana. (1)

According to the report, in the summer of 2011, mapping was conducted in the northern half of the eastern claim block of Durango’s NMX East property, which identified a pegmatite intrusion situated roughly 2 kilometres northeast along strike from the resource at Nemaska Lithium Corp’s Whabouchi property. The mapped pegmatite strikes northeast across Durango’s entire claim block (~1,200 metres) and may be up to 500 metres wide based on mapping extent. Seven (7) grab samples were taken in and around the pegmatite, however these did not yield anomalous lithogeochemical assay values. (1) *

Approximately 250 metres north of the eastern claim block of Durango’s NMX East Project, an outcrop was sampled during the sampling program which returned anomalous Ta, Nb, and Sm values. This pegmatite is also roughly on strike with the Whabouchi resource. Tucana’s technical report recommends that this target be more thoroughly investigated. (1) *

* The Company cautions that grab samples are selective and may not be representative of the mineralization on the property.

According to the historic report, all samples were grab samples and were analyzed by ALS Minerals, Val-d’Or (Quebec). The analytical methods used correspond to ALS code PGM-ICP23, ME-ICP41, ME-MS81, Li-OG63 and Be-ICP61. The two first codes were only used on three samples to detect precious and base metals; the other three methods were used for the remaining 36 samples. (1)

President Marcy Kiesman stated, “We are pleased that these historically mapped pegmatites may in fact cover up to 1.2km of Durango’s property, providing us with an excellent target area for upcoming surface sampling, VLF survey, and future drilling.”

References

(1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.

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, 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

Tags: #mining, #smallcapstocks, $TSXV
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Durango Proposes Ground Geophysics Adjacent to Nemaska’s Whabouchi Property

Posted by AGORACOM-JC at 11:47 AM on Tuesday, April 5th, 2016

Announced that further to the news of April 4 and March 30, 2016, its wholly owned ground is now adjacent to the north, east, south and west of Nemaska Lithium
Crew has visited the property adjacent to Whabouchi and conveyed to management that the ground is low lying with overburden so Durango proposes to complete ground geophysics to identify conductors and magnetics

Vancouver, BC / April 5, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango“) is pleased to announce that further to the news of April 4 and March 30, 2016, its wholly owned ground is now adjacent to the north, east, south and west of Nemaska Lithium.

A crew has visited the property adjacent to Whabouchi and conveyed to management that the ground is low lying with overburden so Durango proposes to complete ground geophysics to identify conductors and magnetics.

Nemaska Lithium, (TSX.V-NMX) announced on April 4th, 2016 via stockwatch, that “Nemaska Lithium Whabouchi Updated Feasibility Study Shows a Pre-Tax NPV at 8% Discount Rate of $1.9B (after-tax $1.16 B) and a Pre-Tax IRR of 37.7% (after-tax 30.3%)”.

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, 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

Tags: #mining, #smallcapstocks, $TSXV, CSE, lithium, Nemaska Lithium Inc.
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Durango Applies for Ground Adjacent to Nemaska’s Whabouchi Property

Posted by AGORACOM-JC at 1:45 PM on Monday, April 4th, 2016

Announced it has applied for additional ground adjacent to Nemaska Lithium, (TSX.V-NMX)
“Nemaska Lithium Whabouchi Updated Feasibility Study Shows a Pre-Tax NPV at 8% Discount Rate of $1.9B (after-tax $1.16 B) and a Pre-Tax IRR of 37.7% (after-tax 30.3%)”

Vancouver, BC / April 4, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce it has applied for additional ground adjacent to Nemaska Lithium, (TSX.V-NMX) which announced earlier today via stockwatch, “Nemaska Lithium Whabouchi Updated Feasibility Study Shows a Pre-Tax NPV at 8% Discount Rate of $1.9B (after-tax $1.16 B) and a Pre-Tax IRR of 37.7% (after-tax 30.3%)”.

In addition, Durango holds ground approximately 2km away from the proposed pit of the Nemaska Whabouchi property which is currently in a joint venture negotiation. An update will be provided as soon as it is available.

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, 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

Tags: #mining, #smallcapstocks, $TSXV, lithium, Nemaska Lithium Inc.
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Durango Visits Buckshot Graphite Property

Posted by AGORACOM at 9:00 AM on Friday, April 1st, 2016

Vancouver, BC / TheNewswire / April 1, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce that it has arranged a crew visit to the Buckshot property located in southern Quebec, approximately 70km west of Montreal to satisfy the requirements for a 43-101 report.

President and Director of Durango, Marcy Kiesman, states, â€œWe expect to be in a position to announce joint venture terms in the very near future for both the Buckshot and NMX East Property. A 43-101 report is being completed to satisfy the proposed agreement terms for the Buckshot which is located contiguous to Canada Carbonâ€™s historic Miller Graphite Mine Property.â€

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 Maynerâ€™s Fortune and Smith Island limestone properties in northwest British Columbia, the DecouvertÃ© 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 QuÃ©bec, 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 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.

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