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Durango Acquires Historic Silver Project with 2,458 OZ/Ton AG Grab Sample

Posted by AGORACOM-JC at 8:40 AM on Tuesday, March 22nd, 2016

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  • Announce that it has entered into an agreement to acquire 100% of the Dianna Lake Silver Project
  • Consists of 131 hectares located 17 kilometres northwest of Uranium City, Saskatchewan.

Vancouver, BC / March 22, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce that it has entered into an agreement to acquire 100% of the Dianna Lake Silver Project, which consists of 131 hectares located 17 kilometres northwest of Uranium City, Saskatchewan.

Durango’s new Dianna Lake Silver Project covers an historic area in which, from 1968 to 1969 two high grade, primarily native silver-bearing exploration targets of between 30,000 to 50,000 tonnes grading 5-10 oz/tonne silver, approximately 600 metres apart were determined by trench grab sample assays, according to an 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 5 million tonnes averaging 0.4 oz/t Ag and 0.4% 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 IP 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 oz/ton silver values of 2,458.4, 684.4, 647.4, 600.2, 464.2, and 454.8 oz/ton Ag. Out of 18 grab samples, 13 samples assayed between 185.0 and 2,458.4 oz/ton silver. Pit 2 grab samples returned reported highs of 298.0 oz/ton Ag and 197.0 oz/ton Ag (out of 7 samples ranging from 12.2oz/ton Ag to 298.0 oz/ton Ag) (1). (The Company cautions that grab samples are selective and may not be representative of the mineralization on the property.)

Durango has agreed to pay up to $150,000 to an arms-length vendor over a period of three years upon completion of a financing for 100% title to the mineral claims and an additional $150,000 upon achieving a 43-101 indicated resource of a minimum of 50,000 ounces of silver.

President and Director of Durango, Marcy Kiesman, states, “We are pleased to add a significant asset to Durango’s growing portfolio of high-potential projects. We look forward to advancing on the next steps to creating value for our shareholders as we now plan for the upcoming exploration season.”

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.

References:

“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, P.Eng., 1980.

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

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.

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INTERVIEW: Liberty Star Discusses Exploration Plan of Operation on Hay Mountain Project

Posted by AGORACOM-JC at 9:17 AM on Monday, March 21st, 2016

  • Arizona State Land Department (“ASLD”) has notified Liberty Star that the Company’s Exploration Plan of Operation (“EPO”) for the Hay Mountain Project is approved.
  • Approval of the EPO is for Mineral Exploration Permits (MEPs) held by Liberty Star in the Hay Mountain Project Are

Hub On AGORACOM / Corporate Profile / Watch Interview

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Janet Yellen Gave Junior Resource Companies The Green Light, Let’s Step On The Gas

Posted by AGORACOM-JC at 3:56 PM on Friday, March 18th, 2016

Good day to all of our CEOs and IROs.  Just a few months ago, even the best of the best in the junior resource space faced an uncertain future.  Then, AGORACOM made the following prediction in this very newsletter on January 5:

Despite the fact the TSX Venture Index has fallen more than 58% since 2013 and hit a 21st Century low, traffic to AGORACOM quite clearly demonstrates that small cap investors are maintaining their levels of research and due diligence, which is the exact opposite of what you would expect and what you have heard.  Specifically, rather than abandoning the small cap space for dead, investors are here and paying close attention.

This is a great sign for all of us in the small-cap industry and points to the strong possibility of a recovery in 2016 as investors convert their increased research into increased investments.

And this is what the year has looked like since:

IT GETS BETTER – YELLEN REMOVES ALL DOUBT OF BULL MARKET. AGORACOM PREDICTS 700 FOR TSX VENTURE

As most of you know by now, Janet Yellen and the US Federal Reserve cut back their interest rate hike plan for 2016, which virtually assures a bull market in the resources sector for the remainder of the year.  It won’t be a straight line bull but our technical analysis calls for 700 on the TSX Venture within 12 months.

How good are we at predictions? Our January 5th prediction already came through. Read the following in your spare time:

Shocked By Yellen This Week? AGORACOM Unequivocal History Of Calling Lower US 10-Year Treasury Yields

YELLEN GAVE JUNIORS THE GREENLIGHT. TIME TO STEP ON THE GAS
Anyone and everyone with any experience recognized that 2015 was the year of blood in the streets.  The market was bound to turn and it was on its way.  But now the entire industry has been given the green light – and you need to step on the gas.

AGORACOM IS YOUR BEST PARTNER – HERE’S WHY

Earlier this year, we announced that our website hit 35,000,000+ (million) page views and 4,000,000 visits in 2015.  Even in the worst year in history, AGORACOM remained the home of small cap investors.

Two weeks ago, we announced that AGORACOM was reaching 6,000,000+ (million) users per month on Twitter

And Perhaps most important of all for companies that aren’t cashed up but want to get back in the game with a big marketing program

DON’T SPEND $1 OF YOUR CASH >>>>> OUR COMPLIANT CASHLESS PROGRAM IS THE SOLUTION

Put the full firepower of AGORACOM behind your company without spending $1 in cash and without breaking Exchange rules via non-compliant “cheque swap” deals that will get your company in trouble.

The AGORACOM Shares For Services Program is fully compliant under TSX Venture Policy 4.3 and has already been pre-approved by the CSE.  Highlights include:

  • Shares are issued pro-rata over your 12 month contract;
  • The number of shares issued is determined by your share price at each issuance.  As your share price increases, the number of shares issued decreases;
  • Each issuance comes with customary 4-month hold periods.  As such, AGORACOM is a shareholder for at least 16 months;

We’ve put our money where our mouth is.  There is no better program or partner.

CALL ME TODAY AND GO LIVE WITH YOUR PROGRAM IN 10 DAYS

I thank-you for reading and trust you found this information to be helpful.  If you’re ready to step into real and sustainable online program to build your own massive audience, please contact me below.

Best Regards,

George Tsiolis, LL.B
Founder & President
AGORACOM

Agoracom

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Shocked By Yellen This Week? AGORACOM Unequivocal History Of Calling Lower US 10-Year Treasury Yields

Posted by AGORACOM at 7:23 AM on Friday, March 18th, 2016

If you were surprised by Janet Yellen and the US Federal Reserve back tracking on their interest rate hiking policy on Wednesday, you shouldn’t have been … not if you’ve been following AGORACOM. See my track record of calls following this commentary.

The real question is, where to from here?  The answers are as follows:

1.  If left to the US Federal Reserve, they simply don’t have the data to back up their talk of meaningful interest rate hikes.  They’ve already raised rates .25% on the premise that “we’re no longer in the financial crisis of 2008” … but what they fail to understand OR admit is that we’re not in 2008 due to extraordinary measures of Central Banks around the world.  Take those away and we’re right back in the rabbit hole.  As such, the Fed may raise another .25% later this year just to save face – but that’s it.

2.  If left to Treasury / Bond investors, the following picture speaks 1,000 words … or 100 basis points.  Take a look at the 10-Year yields of nations immediately above and below the United States.  Which way do you think they’re going to go?  Personally speaking, 1.87% looks pretty fat relatively speaking.  Especially on a risk-reward basis where I could only do better if I take on the risk of China and Portugal in a blend with Australia and New Zealand.  No, thanks.  I would be buying the US 10-Year all day long …. and that means lower yields.

Conclusion – if Janet and the Fed fail to maintain their new hike schedule in 2016, the US 10-Year falls to 1.00% on a bullet.  In the meantime, you’ve got to be bullish precious metals, commodities and small cap resource stocks, bearish $USD

 

Do I know what the hell I’m talking about?  Am I playing armchair quarterback? Flux capacitor analyst?  Not a chance.  Here are approximately 20 consistent calls we’ve made on the direction of interest rates and US Treasuries since September 2012.

 

SEPTEMBER 2012

AUGUST 2014

NOVEMBER 2012

APRIL 2013

OCTOBER 2013

SEPTEMBER 2014

OCTOBER 2014

DECEMBER 2014

JANUARY 2015

FEBRUARY 2015

MAY 2015

AUGUST 2015

OCTOBER 2015

JANUARY 2016

FEBRUARY 2016

MARCH 2016

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Uragold Carbon Footprint From Impending Solar Grade Silicon Metal Process Estimated 75% Lower Than Conventional Siemens Process

Posted by AGORACOM-JC at 4:11 PM on Tuesday, March 15th, 2016

Uragold_new

GREENHOUSE GAS EMISSIONS LOWERED BY 75%

  • Announced the results of a carbon footprint analysis evaluating the environmental impact of its PUREVAP(TM) QVR process versus the conventional Siemens1 process to make polycrystalline solar-grade (Sg) Silicon Metal
  • The analysis2 shows that the PUREVAP(TM) QVR process would generate 14.1 kg CO2 eq/Kg SG Si, while the Siemens process normally generates 54.0 kg CO2 eq/Kg SG Si of emissions. This represents 3.8 times, or 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

Montreal, Quebec, Canada / March 15, 2016 – Uragold (TSX Venture: UBR) is pleased to announce the results of a carbon footprint analysis evaluating the environmental impact of its PUREVAP(TM) QVR process versus the conventional Siemens1 process to make polycrystalline solar-grade (Sg) Silicon Metal.

The study was conducted by PyroGenesis Canada Inc. (“PCI”), a clean-Tech company that designs, develops, manufacture and commercializes plasma waste-to-energy systems, plasma torch products and the PUREVAP(TM) Quartz Vaporization Reactor (QVR).

GREENHOUSE GAS EMISSIONS LOWERED BY 75% – SIGNIFICANT ADVANTAGES

The analysis2 shows that the PUREVAP(TM) QVR process would generate 14.1 kg CO2 eq/Kg SG Si, while the Siemens process normally generates 54.0 kg CO2 eq/Kg SG Si of emissions. This represents 3.8 times, or 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step. (See Figure 1)


Click Image To View Full Size

Figure 1 Carbon footprint comparison (1: PCI process, 2: Siemens process)

Bernard Tourillon, Chairman and CEO of Uragold Stated: “Reducing the carbon footprint of manufacturing Sg Si by 75% opens up Uragold to Green and Cleantech investment funds. Furthermore, eliminating approximately 40,000 Ton of CO2 eq/per Ton SG Si produced could represent an opportunity for Uragold to benefit from carbon tax credits and incentive funding for green technologies.”

Tourillon further stated: “In addition to the Carbon footprint reduction, Uragold is going to replace the traditional toxic process with a one step direct transformation of Quartz into Sg Si using the PyroGenesis PUREVAP(TM) QVR process, thereby providing a green manufacturing process for the Solar industry. This is important because – In addition to be energy heavy process – it is a well-kept secret that the traditional manufacturing process to make Sg Si is not a very environmentally friendly process. Specifically, three to four tons of silicon tetrachloride (a very toxic compound) is generated for every ton of polysilicon produced.

Study Methodology

The environmental advantages of the PUREVAP(TM) QVR are demonstrated by comparing its theoretical carbon footprint with the baseline process.

Key Hypothesis

Table 1 Explanation of carbon footprint study boundaries

Description Reference – PyroGenesis Reference – Baseline case
Procurement Operations for extracting the quartz and the reducing agents. Analysis in FerroQuebec’s report on carbon footprint of metal silicon [5]. Analysis in FerroQuebec’s report on carbon footprint of metal silicon [5].
Quartz reduction Reduction of quartz to metallurgical-grade silicon. From theoretical mass balance. Analysis in FerroQuebec’s report on carbon footprint of metal silicon.
Electricity Electricity required for production. From theoretical heat balance and estimated furnace power. Electricity generation profile from Ecoinvent 2.2. B.S. Xakalashe and M. Tangstad. Silicon processing: from quartz to crystalline silicon solar cells [1].
Purification Refining from metallurgical-grade to solar-grade silicon. None, since it’s a one-step process. R. Glockner. M. de Wild-Scholten. Energy payback time and carbon footprint of Elkem Solar silicon [2].

Carbon footprint Calculations are summarized in Table 2

Table 2 Carbon footprint study results

PCI PUREVAPTM process Baseline process Unit
Procurement 10.6 10.6 kg CO2 eq/kg SG Si
Quartz reduction 3.54 3.68 kg CO2 eq/kg SG Si
Electricity 0.00080 0.00078 kg CO2 eq/kg SG Si
Purification – 39.8 kg CO2 eq/kg SG Si
Total 14.1 54.0 kg CO2 eq/kg SG Si

The data and results are taken from several reference articles that had done the research and calculations.

References:

  1. 1.B.S. Xakalashe. M. Tangstad. Silicon processing: from quartz to crystalline silicon solar cells. Southern African Pyrometallurgy 2011, Edited by R.T. Jones & P. den Hoed, Southern African Institute of Mining and Metallurgy, Johannesburg, 6-9 March 2011.
  2. 2.R. Glockner. M. de Wild-Scholten. Energy payback time and carbon footprint of Elkem Solar silicon. 27th European Photovoltaic Solar Energy Conference and Exhibition.
  3. 3.Rapport d’empreinte carbone du silicium metal. FerroQuebec, Usine de Port-Cartier, 25 mars 2015. http://www.bape.gouv.qc.ca/sections/mandats/usine_silicium_port-cartier/documents/PR8.1.pdf
  4. 4.Carbon emissions for hydropower : http://hydroquebec.com/sustainable-development/pdf/energy-supplies-and-air-emissions-2014.pdf
  5. 5.Carbon emissions for natural gas combustion (CHP): https://www.eia.gov/environment/emissions/co2_vol_mass.cfm
  6. 6.http://www.hydroquebec.com/generation/

About Uragold

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The science behind PyroGenesis PUREVAP(TM) QVR process is solid:

  • ooPlasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • ooPlasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • ooFinally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

The conventional process considers the procurement (the extraction of quartz and reducing agents), the quartz reduction in an atmospheric electric furnace followed by the chemical purification and deposition using a Siemens process deposition reactor.

2 The analysis considered the target production rate of 2,000 ton/year of SG Si as the basis for material and energy balance calculations.

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CLIENT FEATURE: American Creek (AMK: TSX-V) – Recent samples average 27,092 gm/tonne silver and 248 gm/tonne gold

Posted by AGORACOM-JC at 2:56 PM on Tuesday, March 8th, 2016

AMK: TSX-V

RECENT HIGHLIGHTS

  • 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

Exceptional Properties

Electrum Gold-Silver Property, British Columbia – 100% owned

The Electrum property has a rich history with some of the highest grade hand-mined ore mined in North America combined with excellent logistics. The property is located directly between two high-grad vein gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017).All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

The Electrum Property holds significant potential to attract mining companies when considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri.It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tone (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine as well.
  • Exceptional gold and silver assays including 440 g/t gold with 400 g/t silver over 0.52m, with numerous silver intervals of 583g/t, 501 g/t, 420 g/t, 384 g/t in core, and surface samples of 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver.
  • A very successful program was run in 2015 wherein:
    • A new approach focusing on high-grade was employed very successfully
    • A new zone of gold / silver mineralization was discovered
    • A better understanding of the property geology was obtained
    • Surface samples from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold



  • The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and a bulk tonnage shipping port and supportive mining town located just40 km away in a mining friendly jurisdiction.

The high-grade ELECTRUM PROPERTY recently had a program run on it. CLICK HERE for the Electrum presentation and HERE for the 2015 drill program presentation. The highly mineralized gossans on the Electrum are shown in the image at the top of this page.

2015 Drill Program Presentation

Treaty Creek Gold-Copper Property, British Columbia – 51% Joint Venture

Treaty Creek Property


Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world.KSM has just past the environmental and permitting stage while the Brucejack is in construction phase.
Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on the neighbours claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

The Treaty Creek property is in a strategic location as it’s included in Seabridge’s plan for the KSM to go into production. Seabridge has proposed twin tunnels that would take the KSM ore through American Creek’s Treaty Creek property to a processing plant and tailings pond.

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Durango Adds Ground Adjacent To NMX AND CCB In Quebec

Posted by AGORACOM-JC at 10:17 AM on Friday, March 4th, 2016

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  • Strategically added additional ground to its property adjacent to Canada Carbon’s Miller Mine Property in Quebec and also to its NMX East property adjacent to Nemaska Lithium’s proposed Whabouchi Mine via an online staking application through GESTIM

Vancouver, BC / March 04, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has strategically added additional ground to its property adjacent to Canada Carbon’s Miller Mine Property in Quebec and also to its NMX East property adjacent to Nemaska Lithium’s proposed Whabouchi Mine via an online staking application through GESTIM.

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, the Buckshot Property near the Miller Mine in Quebec, 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.

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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Durango Acquires Claims North of Bell Creek Mine and Lake Shore Gold – Goldcorp Discovery Near Timmins

Posted by AGORACOM-JC at 4:00 PM on Wednesday, March 2nd, 2016

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  • Announced that it has entered into an agreement to acquire 100% of the Whitney Northwest Gold Project.
  • Property consists of 256 hectares located near the Lakeshore Gold Corp (T-LSG) and Goldcorp Inc. (T-G) joint venture ground north of the city of Timmins, Ontario, and 9 kilometres ENE of Timmins.

Vancouver, BC / March 02, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce that it has entered into an agreement to acquire 100% of the Whitney Northwest Gold Project. The property consists of 256 hectares located near the Lakeshore Gold Corp. (T-LSG) and Goldcorp Inc. (T-G) joint venture ground north of the city of Timmins, Ontario, and 9 kilometres ENE of Timmins.

Durango’s new Whitney Northwest Gold Project is located approximately 5 kilometres northwest of the Lake Shore Gold Corp and Goldcorp joint venture “Whitney Project” ground where Lake Shore announced a new shallow-depth gold discovery on February 4, 2016. Subsequently on February 8, 2016 Lake Shore announced that Tahoe Resources Inc. (T-THO) would acquire Lake Shore in a $945 million deal.

Durango will issue 1.5 million shares on TSX approval and pay $25,000 on completion of financing for 100% title to the mineral claims.

President and Director of Durango, Marcy Kiesman, states, “The acquisition of the Whitney Northwest Gold Project is a great step in creating new value for Durango’s shareholders. We are excited to have the opportunity to enter an area of great significance for gold mining in Ontario with a desirable land position tied onto Lakeshore and Goldcorp’s joint venture ground.”

The technical contents of this release were approved by Mr. Case Lewis, a vendor of the property and 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 the Whitney Northwest Project

Durango’s Whitney Northwest Gold Project is located within the western part of the Archean-aged Southern Abitibi Greenstone Belt, a supracrustal complex of moderately to highly deformed, usually greenschist facies, volcanic-dominated oceanic assemblages that are approximately 2.7 million years in age. Supracrustal rocks in the Timmins region are assigned as members of seven volcanic and two sedimentary assemblages within the Western Abitibi Subprovince of the Superior Province. Intrusions were emplaced during the Archean and Proterozoic eons.

The Whitney Northwest Gold Project lies between the gold-bearing Destor-Porcupine Fault to the south (>60 million ounces of historic production to the end of 2006) and the gold-bearing regional Pipestone Fault to the north. The property covers the interpreted extension of several north-south and east-west trending faults.

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 Decouverté and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Québec, 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.

 

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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AGORACOM Welcomes American Creek Resources (AMK:TSX-V) with recent specimens averaging 27,092 gm/tonne silver and 248 gm/tonne gold

Posted by AGORACOM-JC at 8:12 AM on Tuesday, March 1st, 2016

AMK: TSX-V

RECENT HIGHLIGHTS

  • 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

Exceptional Properties

Electrum Gold-Silver Property, British Columbia – 100% owned

The Electrum property has a rich history with some of the highest grade hand-mined ore mined in North America combined with excellent logistics. The property is located directly between two high-grad vein gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017).All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

The Electrum Property holds significant potential to attract mining companies when considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri.It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tone (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine as well.
  • Exceptional gold and silver assays including 440 g/t gold with 400 g/t silver over 0.52m, with numerous silver intervals of 583g/t, 501 g/t, 420 g/t, 384 g/t in core, and surface samples of 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver.
  • A very successful program was run in 2015 wherein:
    • A new approach focusing on high-grade was employed very successfully
    • A new zone of gold / silver mineralization was discovered
    • A better understanding of the property geology was obtained
    • Surface samples from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold



  • The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and a bulk tonnage shipping port and supportive mining town located just40 km away in a mining friendly jurisdiction.

The high-grade ELECTRUM PROPERTY recently had a program run on it. CLICK HERE for the Electrum presentation and HERE for the 2015 drill program presentation. The highly mineralized gossans on the Electrum are shown in the image at the top of this page.

2015 Drill Program Presentation

Treaty Creek Gold-Copper Property, British Columbia – 51% Joint Venture

Treaty Creek Property


Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world.KSM has just past the environmental and permitting stage while the Brucejack is in construction phase.
Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on the neighbours claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

The Treaty Creek property is in a strategic location as it’s included in Seabridge’s plan for the KSM to go into production. Seabridge has proposed twin tunnels that would take the KSM ore through American Creek’s Treaty Creek property to a processing plant and tailings pond.

Hub On AGORACOM / Read Release

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TRADING ALERT – Uragold (UBR: TSX-V) Up 25% on 829K Shares, Watch Recent Interview with Company CEO

Posted by AGORACOM-JC at 2:26 PM on Monday, February 22nd, 2016

TRADING ALERT!!!

Last: $0.075 Up: $0.015

Percent: 25% Volume: 829K Shares

Hub On AGORACOM / Corporate Profile

—————————

MUST WATCH INTERVIEW

  • Uragold In The Process Of Converting Its High Purity Quartz Into Solar Grade Silicon Metal
  • $5,000,000 Funding + 20 Year Offtake Agreement Signed For Asia
  • Exclusive Global License From US Navy Technology Vendor
  • “We’ll Be Able To Build A Mercedes For The Cost Of A Lada”
  • $12,000,000,000 Target Market

“There is no other way to say it: this technology could represent a potential quantum leap forward for the solar panel industry becoming a more competitive source of renewable energy.”

Bernard Tourillon, Chairman and CEO

GRAB A COFFEE AND WATCH THIS INTERVIEW

Hub On AGORACOM / Read Release

DISCOVER YOUR NEXT GREAT SMALL CAP STOCK

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