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VIDEO – Durango Commences Drilling on Trend with Osisko in Windfall Lake

Posted by AGORACOM-JC at 3:19 PM on Monday, October 19th, 2020
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Welcome to be on the press release a production of AGORACOM in which we speak to small cap executives after they puto ut important news. Durango resources trades on the TSX venture on the stock symbol DGO Marcy is the president of the company for those of you new to the store that’s gonna be a lot you can or just come out with it Durango owns a 100 percent interest in the trove claims those are surrounded by a Osisko mining in the windfall lake gold district between val-d’or and Chibougamau I lost of that name Quebec that trolled property is located along the structural trend that’s hosting a Osisko mining’s windfall lake deposit and the Osisko was recently purchased claims along the troll property boundary and those 2 cells along with black along with the black dog gold deposit are tied to the troll property northern boundary off 500 meters away from Durango’s planned drill targets up here to talk about all of that is Marcy welcome back. Good afternoon nice to be here great to have you. You certainly play with big neighbors are you got Osisko all around you. 500 meters of the delivery throw snowball almost at their property their their assets what is it about trove that was so special for you and it’s so special to a Osisko being right around you. Okay well so to be clear the properties aren’t special until we prove that their special which is exactly what we are working on current only I’m the old adage is if you want to find gold go where they’ve already found it which is exactly what we have done that when fully come back home to wrangled holds are small land position in comparison to our big neighbors as a Osisko but realistically you don’t need a huge one position to have a deposit or mind the key is to hold strategically positioned claims which have the best potential to host the school deposits so our true property is special because we’ve got to known gold producing faults running through the property which are great potential indicators for the property just alone on those 2 things today we’ve done humus sampling we’ve done till sampling we’ve done some I. P. and airborne work and currently we’re working on surface trenching and exploration drilling on our natural project so yeah that’s kind of it not so for that for our work so far on the troubled does it but does all that work before you can start it does give you great great comfort knowing that a Osisko is sold nearby and that they’re doing so much work so close to you I’m sure you could probably see them right across the way right yeah well we actually stumbled on and saw one of their drill flags that was just about 300 meters over our property boundary when we were moving around up there so yeah they’re definitely right there and the one that we just stumbled upon we looked up and stuff and it’s one that they have found up to 5 grams per tonne gold so it’s great to know that there’s gold around us so we just have a better potential finding it on our troop property as well which is what we want for not only us but for all of our shareholders to keep everybody happy and making money and do there that number you just reference with all the draws also the Osisko put out last week. On their windfall gold project no the ones they’ve been putting out the last one that I’ve been looking at are the ones that are further north up around their links project which is north of us yet because they’ve got as we know quite a big land position so they’ve got the windfall lake they’ve got the lynx deposit and the black dog and they’re working on and drilling right now and it’s about 5 kilometers north of us so so there’s we’re kind of all around us from this is cool but the one that had the real nice big numbers are is further north of us up around their legs deposit so let’s talk about what you’re doing on troll view just announced drawing out what do you looking to achieve and how big is this for first program going to be. I’m so what we have permanent right now on the troop is for 15 drill holes and we’re gonna methodically go through those drill holes for starting at the holes that are nearest to the Osisko hole that’s like just 300 meters over a border first and then we’re working our way back from there the plan at troops so far is around 2200 meters is what we’ve budgeted but we can R. and drilling contractors to go up to 5000 meters and I’ve given our technical team free reign of the need to go deeper they can feel free to go deeper and as long as they got the permits and stuff on the holes that they’re doing they’ve they’ve got room to move on those holes deeper and if they need to act  mineralization wanna check things out we got the degree drill team up there and we got a great exploration crew and they’ve been busy busy busy and fighting that elements literally it’s been record rains up there this last while also we’ve had machinery getting stuck and things getting Hold to it’s it’s been great fun. So I guess it’s fair to say and I was gonna ask you even though it’s early you know any progress update but I’m assuming you know it’s still way too early for for much of an update their drill results yeah we’re going to be a little bit yet as we all know Covid affected every aspect of the world and this is just another one of them a lot of the labs that we have been talking to and working with they’ve got room at the labs but they don’t have anyone to work in the lab because people are off on the government assistance programs so. It’s slow but we’re expecting our channel samples because we did a lot of mechanical trenching at surface on the truth that we did and the couple 0 sample range so we sent them to 2 different labs and we’re expecting to get those back relatively soon it’s been a while the cruise going up and working on the projects up there since September 3 and we’re getting into almost the middle of October so things will be certain to come back shortly which will begin hopefully we’ll have some good news to report on those before we can get our drill results and it’s finally brought the mechanical trenching because some people think that this is coordinated between it but it’s not in your last press release you actual quote that I want to ask you on that so here’s next okay the results of the mechanical trenching and you just put the result of mechanical trains as much have been eye opening by whatever I see things like that it’s okay I’ve got a drill down further pardon but I’ve been I’ve opening with the discovery of a sizeable northeast years on multiple occasions with quartz veining and pie right at surface and important geological indicators near the initial drill targets not for a lot of people at home they’re not going to stand what that means but it definitely sounds like an enthusiastic what would you say have been I. opening so in layman’s terms maybe you can explain to us why those are it was I opening well I could do layman’s terms because I am a woman I’m not a geologist so. You know I just generally just. So basically yeah the mechanical trenching has been very successful up at virtual property because there is there’s a lot of overburden which is just like a lot of low lying shrubs and small trees that we’ve cleared out and with the trenching we were within a day be able to open everything up so we could see the rocks that were in your service and. We found this in northeast shear zone so why these shear zones are important is they basically run through our troll property and they run up towards one ‘s running out into windfall lake the real little fault and then there’s a very fault that runs up to goes and goes to the gladiator deposit on volunteer resources so this is pretty interesting that we were we can like visibly see it we’ve done airborne surveys we’ve done I. P. which are. A ways away that you can see things from a distance you go up in the air with that magnetic and you can see that as a residence in image yeah and then you can see basically where the the cracking of the earth is and where the rocks are changing direction in which way things are moving which is important because in order for gold to flow up into these places we want where there’s been lots of friction lots of action and and cracking so the gold can flow up into these places and we can now napo and look and say okay the I. P. and airborne survey showed this and we actually can physically see it at surface where it’s coming out and cropping and it lines up perfectly with all the other information that we assume to be true and that was there and now we can literally see okay there it is and it lines up with everything that we’ve done to date so that’s great and the fact that it’s only 75 meters away from one of diet drink goes high priority drill targets is even better so hopefully we’re doubling with the greatest respect numbers when a great surprise right today because if you practice stumbled upon it. Well yes and no we will the reason we planned our drill holes we would spend months and months planning everything in order to try to intersect these things so it’s great to know that we weren’t wrong basically. Yeah well that and that’s that’s a great start let’s hope so while waiting for that to happen so that’s great lot of action and we’re expecting results like start coming back in due time so you’re gonna be back quite a bit in 2020 that’s for sure for one at home windfall lake it’s not just you and the Osisko that’s the most active gold exploration camping Canada from understand and they’re 21 all drill rigs are on site at windfall as of June so. Give everyone a bit of an overview of how big windfall lake is and why it’s white so smart for you to be there okay perfect so yeah basically north of us and surrounding the troll property we have a Osisko mining which everybody here has probably heard of that is interested in Canadian gold mining and the Osisko right now has just over 5000000 ounces I believe that their windfall lake deposit and and Bonterra resources has 838000 ounces at the deposit which is also north of us and then a little further north east of us the gladiator deposit is 1.1000000 ounces and a deposit there and so so far that camp has over 7000000 ounces of indicated and inferred gold resources just in the immediate area of us which is fantastic we do have a common denominator with our one of our neighbors to the north Montero as deal gin is head of our technical team and he was also V. P. acts for volunteer resources and when they discovered that gladiator deposit just north of us so he’s been weighing in and keeping an eye on things and guiding and directing us as we go along with our exploration right now so he’s pretty excited to see what we’re gonna pull out of the ground as well it certainly helps to have some like him along who’s who’s actually been successful discovering gold yes deals in the region if anyone knows how to edit them he’s made like 7 discoveries and one of them is not very far away from us so and he’s also a shareholder of Durango as well as all of the members of our technical team which is which is great yeah I forgot all that something I should mention and I’m glad March to kind of remind me there 40 percent insider ownership including Marcy herself at 16 percent that’s that’s as of the latest numbers you you guys of you all put your money where your mouth is. And that’s a big difference from a lot of companies out there who you know they do the work good companies but the end of the day you know they’re collecting a nice paycheck and not really going for where’s what does it say what should that tell everyone that the manager team the inside there’s a 40 percent insider ownership including 60 percent of that being you. Well like you said if if you wanna if you wanna play you’re gonna have to play big we got big neighbors to play with to put your money where your mouth determined to find a gold deposit and in the past year gold prices have already come up from like 1450 to over 2000 US around so we’ve got a lot of indicators are going in and out definitely if I could be by more right now I would be but well we’re drilling I don’t think it’s prudent for me to be purchasing anymore shares are in the deal but that doesn’t. In July just Canada’s deficit forecast was projected which is the largest deficit shortfall since World War 2 and I just was reading in the headlines yesterday in the U. S. the cost of coal bit is is probably going to be around $16000000000000 which is crazy like almost a full year’s GDP for the USA so this means that our gold prices not going lower anytime soon the flood the feds are just flooding the markets with currency and it’s not just North America it’s this is a global thing not just a global pandemic we’re dealing with we’re dealing with global currency dealings gold star and the global global printing pandemic and that’s what that’s not stopping which means gold and is just going to continue to rise and it’s been great for us juniors it’s been the financings that I’ve seen come out in the last few months are just phenomenal with all the money all these juniors can now hit the bush to get working on our properties that we’ve been waiting so desperately poor and now we’re gonna find out there’s gonna be a lot more new discoveries and so therefore the sharing our prices are gonna be increasing for all these juniors and it’s gonna reward all shareholders like myself and hopefully you and everybody else and everyone was risk their capital and supported all these juniors I think we’re all gonna be winners in the end and Durango is a big part of this Russian we’re super excited we just completed a 2.8Mfinancing which is the biggest in the history of the company now we’ve got money to drill an exploratory parties like we never had before we’ve got a fantastic technical team exploration crew that’s willing to work 24/7 it’s exciting to be part of Durango and so excited and I want everyone who’s a shareholder there to know that our team is giving 110 percent for this program we spent months and months of planning it working on it making sure we had everything just so I actually want to take 1 minute to just say thank you to all of our shareholders and whether you’ve been a shareholder for 2 days are for. 10 years at you guys some of you guys have been in like me for the long haul and I just want to say thank you and I hope that your long wait will not be disappointing. Marcy this is what I love about our videos you just can’t get that kind of raw emotion that kind of leadership through a press release or blog post and I could have actually was gonna ask you a couple more questions about but I want to enter right there because that was powerful I love it and it shows you know that you’re all in on this your passion about it because you’ve you’ve got just the biggest stake as all the other shareholders so it event was motivated to see something great happened for Durango it’s you and thanks to that that was you for me as a shareholder dollars powerful stuff okay let’s get. You’ve been watching or you’ve been listening by podcast Marcy she’s been she’s president CEO of Durango resources as you can tell the governor trades on the TSX venture exchange under the stock symbol DGO now you’ve heard or listen to what Marcy had to say now it’s your turn you gotta do some diligence first thing I wanna do is get to the Durango hubo n AGORACOM specifically the profile page were laid everything out for ya in a great overview summary because we know there’s a lot to absorb here but we’re going to give that first overall summary then go over the Durango side do some deep dive into not only trove but India often windfall lake and up and up and go back to most of the east berry they’ve also discovered property we’ll talk about those next time so there’s a lot there’s a lot below the surface for Durango and hopefully today you’ve discovered your next great small cap gold company thanks for joining us everyone have a fantastic day so next time thanks George.

Labrador Gold $LAB.ca Announces Start of Drilling at Kingsway $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca $CFE.ca $NFG.ca $SII.ca

Posted by AGORACOM at 9:08 AM on Monday, October 19th, 2020
  • 5 drill holes are planned
  • Historical grab samples range from from 1.8 g/t Au to 61.73 g/t Au

TORONTO, Oct. 19, 2020 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that drilling has begun at its Kingsway Project near Gander Newfoundland. The Kingsway project is located within the highly prospective Gander Gold District along strike to the northeast of New Found Gold Corp’s gold discovery announced earlier this year.

Drilling started in the area around the Cracker showing where up to 5 drill holes are planned. Holes are targeting VLF-EM conductors associated with an altered mineralized gabbro and anomalous gold in soil samples. Historical results from the Cracker showing include grab samples from trenching ranging from 1.8 g/t Au to 61.73 g/t Au and channel samples ranging from <5ppb to 1.89 g/t Au.

Drilling will then proceed approximately 2km southeast to test coincident gold in soil and Mag-VLF-EM targets along two interpreted secondary structures trending northeast and north-northeast. Gold concentrations in soil samples range from below detection up to 281ppb (0.281g/t) with six samples assaying more than 100ppb Au (>0.1g/t Au). The higher concentrations are associated with the two structures.

The third drilling area is located a further 2.6km to the southeast near the Appleton #2 showing close to the intersection of a northwest trending structure with the north-northeast structure targeted in Area 2. Gold in soil anomalies range from below detection up to 686ppb (0.67g/t Au) and are associated with a strong northeast trending conductor.

The last two areas for drilling are further to the northeast approximately 4.8km and 7 km northeast of the Cracker occurrence. The first area is in an area of complicated structure that is currently being covered with the CSAMT Survey (see news release dated October 8th, 2020). Gold in soil samples range from below detection up to 547ppb Au. A single historical till sample in the area assayed 1,093ppb Au (1.09g/t) and contained 60 gold grains. This area will be drilled following receipt of results from the CSAMT survey.

The final area covers an interpreted north-northeast trending splay of the Appleton Fault Zone. Gold in soil samples range from below detection to 1,618 ppb (1.62 g/t Au).

“The start of drilling on the Kingsway Project is a major milestone that we have worked hard to achieve this field season,” said Roger Moss, President and CEO of the Company. “The last drilling on the property was in the nineties, so we are excited to drill this prospective region after a more than twenty year hiatus.“

Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.

Kingsway Project Drilling Locations is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1dd4124b-69bd-4fb3-afa6-64a33f4cf1d7

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The property is along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). In early July 2020, the Company signed an option agreement to acquire a third license to add to the property package which now covers approximately 77 km2. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water.

The Hopedale gold property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Initial work by Labrador Gold has identified a 3 kilometre mineralized section of the northern portion of the belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the exploration to date show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend.

The Company has 93,294,175 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:

Roger Moss, President and CEO      Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Twitter: @LabGoldCorp

VIDEO – Durango $DGO.ca Commences Drilling on Trend with #Osisko $OSK.ca in Windfall Lake $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM-JC at 7:58 PM on Sunday, October 18th, 2020
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Durango Resources (TSXV:DGO)  Resources is positioned to make the next gold discovery in Windfall Lake, Quebec. Drilling has commenced on the Trove property and Durango management eagerly awaits the results. The Trove property is in close proximity to Osisko’s Windfall Camp where Osisko acquired 2 claims along the boundary (in addition to their existing 12,000+ hectares in the area) with Durango’s Trove property. Years of exploration lead Durango to delineate 2 known gold producing faults with 15 drill holes targeting mineralization on the property.

Durango has multiple areas that are prospective for another discovery in the Windfall Lake Camp, so grab your favorite beverage and enjoy learning about how Durango could be the next SmallCap discovery in Windfall Lake.

Watch this interview or listen by Podcast on AppleGoogleSpotify or your favourite podcaster.

VIDEO – American Creek Resources $AMK.ca Discusses Reasons For Spinout, Including Protecting Assets From Possible Acquisition $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM-JC at 8:55 AM on Thursday, October 15th, 2020
American Creek Provides Update on Its First Quarter Filings

American Creek Resources (AMK:TSX-V) Treaty Creek Project has been the subject of incredible discussion in 2020, including by Eric Sprott who stated Treaty Creek may have as much as 50,000,000 ounces of gold this summer.

There isn’t a single junior exploration company that isn’t envious of Treaty Creek and the one good problem it is creating for the Company – it is overshadowing everything else in the Company.  As such, AMK announced the following:

“American Creek Announces Spinout of Dunwell Property and Other Properties and Assets and Sets Date for Annual General & Special Meeting”

Watch this powerful interview with CEO Darren Blaney as to the reasons for the spinout that go well beyond the obvious. 

CLIENT FEATURE: 3 Reasons Durango Resources $DGO.ca is the Next Small Cap Discovery in Windfall Lake $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM at 3:13 PM on Tuesday, October 13th, 2020
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DGO: TSXV

Durango Resources (TSX.V-DGO) (Frankfurt-86A1) (OTCQB -ATOXF) is an exploration company planning on making a gold discovery in the Windfall Lake gold camp of Quebec.

Durango’s land in the Camp demonstrates a high probability of having gold in the ground. The Trove and East Barry properties have seen multiple methods of exploration helping to guide and pinpoint areas that require drilling for gold. Durango has been guided expertly by both management, its technical team and its peers for the discoveries previously made in the Windfall camp. Recent step out drilling expanded high grade gold at Windfall, with 2.4m of 391g/t gold Windfall.

Osisko dominates the land position and are responsible for the discovery of the Windfall deposit, which has expanded into a resource of 1.2 million ounces of high-grade gold and helped to create a new gold camp in Canada. Their deposit is world-class scale and Osisko shows no sign of slowing down exploration anywhere on their sizeable land position as they continue with 19 drills operating in 2020 and surround Durango with over 2.8 million ounces of gold.

Durango may be in the shadows of a larger entity, but that doesn’t make their properties any less valuable. Durango doesn’t need to be bigger to be better and Trove and East Barry properties show high probability of having gold in multiple areas. Trove only needs to be drilled to determine how much. 

Durango is backed by a regionally experienced technical staff that has made their own discoveries in the Windfall camp, and management that have purposely supported the company for this strategic land to have its moment. Durango aims to prove that bigger isn’t always better, and that small cap exploration companies can make market grabbing discoveries.  2020 is the year Durango makes a discovery.

Here are the 3 things you need to know

The Trove Property is Drill Ready.

100% Owned Trove property located in Windfall Lake, Quebec has been systematically explored in preparation of a drill program. There have been many technical studies completed on the property and they all point in the same direction, that Trove is drill ready. There are currently 15 high-priority drill locations already prepared. Surrounded by Osisko Mining Inc. (TSX: OSK) Trove has excellent exploration potential, especially as Osisko drilled along the Trove border in 5 separate areas in 2018, encountering mineralization in all and having one hole in particular that stood out with 5 grams of gold in the sample.  The Trove property is strategically located directly south of the Retriever and Black Dog projects of Osisko and hosts two major gold bearing faults. Osisko has identified gold on multiple sides of the Trove property through recent drilling.

Durango’s exploration team has completed its initial 2020 reconnaissance program and has prepared Trove for the 2020 summer drill program. Durango has identified 15 drill targets in 4 different zones on the Trove Property to test 3 separate studies all pointing toward a potential gold discovery.

Durango Resources may not have the size to match Osisko, they do however have the exploration potential to compete in the discovery department with Trove and East Barry, that border Osisko property boundaries. 

 2. The Windfall Camp is Not Done Making Discoveries

Quebec is ranked 4th best jurisdiction for mining investment in the world (Fraser Institute, 2019), due largely to the exploration success Osisko, and other companies have contributed to the area. Durango wholly owns its Trove project, surrounded by gold deposits hosting over 2.8M ounces of gold and is strategically located directly south of the Retriever and Black Dog projects. The Trove property hosts two major gold bearing faults which is prime real estate for holding economic gold deposits.

This from a 2017 Northern Miner Article describing mineralization in the area:

….“While we expect the Windfall deposit itself to double in size from the 1.6 million oz. already defined, it is the adjacent targets, including Fox, Lynx and Black Dog, that have caught our attention, suggesting the Urban-Barry project area could represent a district-scale play in Quebec,” Carew added.

June 2017: https://www.northernminer.com/news/osisko-mining-banks-big-winnings-windfall/1003786483/

The Windfall Camp is not done making gold discoveries.

 3. Technical Committee and Management Support

You can’t make a discovery without people and know how to do it. The Windfall Camp has proven there is tremendous amounts of gold buried in the ground, with lots more to be found. Gold, however, doesn’t find itself. For that you need the people and know how to understand where to start looking before committing hard earned shareholder capital on expensive, sometimes, failed drill campaigns.
This is where Dale Ginn gets to help guide Durango. An experienced mining executive and geologist for over 30 years participated in numerous gold and base metal discoveries, many of which are in production today, including the Gladiator Deposit by Bonterra in the Windfall Camp. Dale has the prerequisite experience to coordinate and define an exploration program leading up to a discovery. He has done it before and may accomplish again with Durango.

Lastly, shareholders are thankful to have Marcy Kiesman at the helm of Durango. Ms. Kiesman has routinely supported the company and owns close to 16% of the company. Ms. Kiesman is one of the leading ladies in the exploration business today and has put together an all-female management team positioning Durango toward Discovery.

Click Here To Discover Why Durango Resources Is The Next Gold Discovery In Windfall Lake

Durango Resources is an advertising client of AGORA Internet Relations Corp.

Durango $DGO.ca Identifies Additional Areas of Interest at Windfall Lake, QC $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM at 10:10 AM on Thursday, October 8th, 2020
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Vancouver, BC – TheNewswire – October 8, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the ” Company ” or ” Durango “) is pleased to report that further to its news release dated September 11, 2020, mechanical trenching has identified additional areas of interest on its Trove Property at Windfall Lake, Quebec

Figure 1 – Mineralized contact volcanic-sediment with carbonate alteration

The new outcrops are located within 100 metres from the first series of planned drill holes on the Trove Property which are designed to test continuity of mineralized trend between two drill intersections of Osisko Mining Inc. (TSX-OSK) ( OSK-UB-18-083 intersected 1.03 g/t Au and 5.13 g/t Au, OSK-UB-18-085 intersected 1.85 g/t Au) as well as near surface geophysical targets with coincident till with gold grains and gold anomalies in the rock samples. The new outcrop is in proximity of the northeast shear zone and is a contact zone of the volcanics and sediments. Mineralization was observed in a felsic dike with pyrite in quartz veining and carbonate alteration on the newly stripped outcrops.

Figure 2 – Biotite-chlorite altered sediment with mineralized quartz carbonate vein

Durango’s technical team recently discovered a northeast trending shear zone on the Trove Property as announced on September 11, 2020. In the Windfall Lake deposit area, the volcanic rocks are intruded by a series of felsic dikes near contacts between volcanic and sediments which host quartz veins with pyrite. The team has also confirmed an important regional deformation northeast shear with carbonate alteration in the wall rock zones that delineate the structural domains.

Mineralized 3-5% fine disseminated pyrite felsic dyke in volcanic near contact with sediment

Additional mineralization was also seen in the nearby sediments represented by pyrite, pyrrhotite and molybdenite in alteration zone (silica, biotite, chlorite and carbonate) including to quartz-carbonate veins.

Channel samples were taken from this new area of interest and have been sent for assay to the SGS Canada lab in Val d’Or, Quebec.

Marcy Kiesman, CEO of Durango, stated, “I would like to thank Durango’s exploration crew for such a great job on Phase I of our fall exploration program at Windfall Lake. The results in the mechanical trenching this month have been eye opening with the discovery of a sizable northeast shear zone, multiple locations with quartz veining and pyrite at surface and important geological indicators near the initial drill targets. The results to date highlight both the quality of our team to quickly perform grass roots work and the potential of our Trove Property at Windfall Lake. We look forward to the analysis of the field data in hopes to continue exploration and drilling into the winter months.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX-OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is undertaking its inaugural drill program.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec , Canada.

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

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

Labrador Gold $LAB.ca Announces Start of CSAMT Survey at Kingsway Property $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca $CFE.ca $NFG.ca

Posted by AGORACOM at 8:36 AM on Thursday, October 8th, 2020
  • The Kingsway project is located within the highly prospective Gander Gold Belt
  • Along strike to the northeast of Newfound Gold Corp’s gold discovery
  • CSAMT survey consists of 20 line kilometres tarfeting an area of gold anomalies.

TORONTO, Oct. 08, 2020 (GLOBE NEWSWIRE)  Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that a CSAMT geophysical survey is currently underway at its 77km2 Kingsway Project near Gander Newfoundland. The Kingsway project is located within the highly prospective Gander Gold Belt along strike to the northeast of Newfound Gold Corp’s gold discovery announced earlier this year.

Controlled Source Audio Magnetotellurics (CSAMT) is an electrical geophysical technique that measures resistivity in the subsurface down to depths in excess of 500 metres. The resistivity profiles can be used to target silicification associated with gold mineralization as well as deep structures such as the Appleton Fault Zone.

The CSAMT survey is being undertaken by Clearview Geophysics and consists of 20 line kilometres covering an area of complex structure and significant gold anomalies. The structure is dominated by the Appleton Fault Zone and associated splays and cross faults outlined by a recently completed structural assessment of the district. Geochemical anomalies from previous work covering the survey area include gold values from below detection (0.5ppb) to 800ppb (0.8g/t) in soil, 111ppb to 1,073 ppb (1.1g/t) in till and 7 to 60 gold grains recovered from the till samples.

“We are excited to get the CSAMT survey underway as it will aid us in effectively targeting potential gold mineralization at depth along the Appleton Fault Zone and associated structures,” said Roger Moss, President and CEO of the Company. “It will complement the property wide soil sampling and VLF-EM surveys that are expected to produce anomalies for further follow up by the upcoming initial drilling program.“

The Kingsway gold project covers 77 square kilometres of highly prospective ground in the Gander gold district of Newfoundland in Eastern Canada. The project is located immediately adjacent to New Found Gold’s Queensway project and just 4.5 kilometres along strike to the northeast of their recent discovery of 92.86 g/t gold over 19 metres. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). Most importantly, a recent structural interpretation of the district indicates the project covers approximately 22 kilometres of strike length of crustal scale faults, including the Dog Bay Line and Appleton Fault zone. The Appleton Fault Zone is known to be closely associated with many of the gold occurrences on New Found Gold’s Queensway project. As such, LabGold is the only other company in the district with ground covering this major crustal structure with a demonstrated association with gold mineralization. Prior gold exploration in the area covered by the Kingsway project has shown significant gold anomalies along the Appleton fault zone suggesting it remains a fertile structure for associated gold.

LabGold also announces the granting of 450,000 options to an officer and a consultant of the Company. The options are exercisable at a price of $0.45 for five years.

Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The property is along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). In early July 2020, the Company signed an option agreement to acquire a third license to add to the property package which now covers approximately 77 km2. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water.

The Hopedale gold property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Initial work by Labrador Gold has identified a 3 kilometre mineralized section of the northern portion of the belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the exploration to date show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend.

The Company has 93,294,175 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:             

Roger Moss, President and CEO      Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Twitter @LabGoldCorp

Excellent Drill Results by Osisko at Windfall Lake Provide Durango $DGO.ca Investor Confidence Leading into Drill Program at Trove and East Barry $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM at 11:53 AM on Wednesday, October 7th, 2020
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Osisko Mining Inc. announced results from the continuing drill program at its 100-per-cent-owned Windfall gold project located in the Abitibi greenstone belt in Urban township, Eeyou Istchee James Bay, Quebec, where step out drilling has expanded high grade gold at Windfall, with 2.4m of 391g/t gold Windfall.

What a great intercept, proof that there is gold at Windfall, and Durango is aiming to prove its own deposits with initial drilling having begun on their 100% owned property.

  • Durango’s Trove property borders Osisko and is 100% owned
  • Collars of several holes that have intersected gold are 15km from Osiskos results
  • Durango has already begun drilling Trove, where Osisko has previously returned 5g/t gold 300 meters from the Trove border with Osisko

Do your DD and read below why Durango might be the next High Grade gold intercept at Windfall Lake

Durango Begins Drilling on Trove Property at Windfall Lake, QC

Vancouver, BC – October 6, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the ” Company ” or ” Durango “) is pleased to report that further to its news release dated September 17, 2020, drilling is now underway on the Trove Property at Windfall Lake, Quebec.

Due to the limited outcrops in the area, Durango has relied to date on surface geochemistry and induced polarization (” IP “) for planning its 2020 drill program. New mechanical stripping on the northeast extremity of the Trove Property has strongly contributed to confirm and more accurately define carbonate-altered pyrite mineralized zones.

Durango has designed the 2020 drill program to test the lithological contacts between the units associated structures and shear zones. The initial drill holes on the Trove Property are planned to confirm a mineralized trend between two drill intersections ( OSK-UB-18-083 intersected 1.03 g/t Au and 5.13 g/t Au, OSK-UB-18-085 intersected 1.85 g/t Au) and to test near surface geophysical targets based on chargeability highs of the IP anomalies conducted in 2019 and coincident with gold in till.

Marcy Kiesman, CEO of Durango, stated, “Durango’s exploration team and drilling crew are excited that drilling has commenced after months of preparation. Surface results to date on the Trove Property have been very promising with the discovery of a sizable northeast shear zone, contact, alteration and quartz veining at surface near the initial drill targets. Within the Trove Property limits, there are no recorded drill holes, so our team is looking forward to drill testing the geophysical anomalies, shear zones and vein structures on the Trove Property.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX: OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is ready to undertake its inaugural drill program.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec , Canada.

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

Durango $DGO.ca Begins Drilling on Trove Property at Windfall Lake, QC $DGO.ca $OSK.ca $BTR.ca $SII.ca $TLG.ca

Posted by AGORACOM at 9:02 AM on Tuesday, October 6th, 2020
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Vancouver, BC – TheNewswire – October 6, 2020 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the ” Company ” or ” Durango “) is pleased to report that further to its news release dated September 17, 2020, drilling is now underway on the Trove Property at Windfall Lake, Quebec.

Due to the limited outcrops in the area, Durango has relied to date on surface geochemistry and induced polarization (” IP “) for planning its 2020 drill program. New mechanical stripping on the northeast extremity of the Trove Property has strongly contributed to confirm and more accurately define carbonate-altered pyrite mineralized zones.

Durango has designed the 2020 drill program to test the lithological contacts between the units associated structures and shear zones. The initial drill holes on the Trove Property are planned to confirm a mineralized trend between two drill intersections ( OSK-UB-18-083 intersected 1.03 g/t Au and 5.13 g/t Au, OSK-UB-18-085 intersected 1.85 g/t Au) and to test near surface geophysical targets based on chargeability highs of the IP anomalies conducted in 2019 and coincident with gold in till.

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Marcy Kiesman, CEO of Durango, stated, “Durango’s exploration team and drilling crew are excited that drilling has commenced after months of preparation. Surface results to date on the Trove Property have been very promising with the discovery of a sizable northeast shear zone, contact, alteration and quartz veining at surface near the initial drill targets. Within the Trove Property limits, there are no recorded drill holes, so our team is looking forward to drill testing the geophysical anomalies, shear zones and vein structures on the Trove Property.”

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The Trove Property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX: OSK), in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is ready to undertake its inaugural drill program.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec , Canada.

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

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.com

Labrador Gold $LAB.ca Announces Initial Results of Soil Sampling at Kingsway Property $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca $CFE.ca $NFG.ca

Posted by AGORACOM at 11:29 AM on Monday, October 5th, 2020
  • Gold concentration up to 2,203ppb (2.2g/t Au) with 50 samples greater than 100ppb (0.1g/t Au)
  • Four areas of significant gold in soil anomalies with values up to 898ppb Au adjacent to Appleton Fault Zone
  • Anomalies cover a total strike length of 2.1km and are coincident with a shear zone outlined over 2.5km

TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce initial results of the soil sampling survey at its 77km2 Kingsway Project near Gander, Newfoundland. The Kingsway project is located within the highly prospective Gander Gold Belt along strike to the northeast of New Found Gold Corp’s gold discovery announced earlier this year. Soil sampling has now been completed with 7,740 soil samples collected over 16 grids. Results for 3,125 samples covering three grids on the Kingsway South license are reported here.

Gold values in the soils range from below detection (<0.5ppb) to 2,203ppb with 50 samples assaying greater than 100ppb. The gold in soil anomalies tend to be associated with interpreted structures, including the Appleton Fault zone, Dog Bay line and splays or cross faults to these major crustal structures.

Four northeast – southwest trending anomalies with gold values up to 898ppb and 11 samples with more than 100ppb occur adjacent to the Appleton fault zone over a combined distance of 2.1km. These anomalies are coincident with a shear zone in slate that appears to extend over approximately 2.5km based on field observations to date. The slate is carbonate altered in places and contains abundant quartz veining with local sericite alteration. Extensive sampling is currently underway along the shear zone.

Several other significant gold in soil anomalies occur on the three grids including a 532m northeast trending anomaly adjacent to the Dog Bay line with gold values from 24ppb up to 339ppb. The highest gold value of 2,203 ppb occurs within a 390m east-west trending anomaly that also includes samples with 142, 241 and 311ppb Au. This anomaly is close to the Cracker gold showing where historical grab samples resulted in assays from 1.8g/t to 61.73g/t Au (see news release dated July 6, 2020 for details).

“The initial results of the soil sampling survey have confirmed and expanded on the results of historical work. We are pleased to see the gold in soil anomalies trending along the Appleton Fault Zone and associated structures that are key to the localization of gold in the district,” said Roger Moss, President and CEO of the Company. “Follow up of the soil anomalies has already resulted in the discovery of a shear zone with significant quartz veining adjacent to the Appleton Fault Zone. We are just getting started at Kingsway and anticipate a lot more significant results to come.“

The Kingsway gold project covers 77 square kilometres of highly prospective ground in the Gander gold district of Newfoundland in Eastern Canada. The project is located immediately adjacent to New Found Gold’s Queensway project and just 2.5 kilometres along strike to the northeast of their recent discovery of 41.2 g/t gold over 4.75 metres at the Lotto Zone (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). Most importantly, a recent structural interpretation of the district indicates the project covers approximately 22 kilometres of strike length of crustal scale faults, including the Dog Bay Line and Appleton Fault zone. The Appleton Fault Zone is known to be closely associated with many of the gold occurrences on New Found Gold’s Queensway project. As such, LabGold is the only other company in the district with ground covering this major crustal structure with a demonstrated association with gold mineralization. Our recent soil sampling, as well as prior exploration in the area covered by the Kingsway project, has shown significant gold anomalies along the Appleton fault zone suggesting it remains a fertile structure for associated gold.

Samples were shipped to Eastern Analytical Laboratory in Springdale, Newfoundland, for sample preparation, with analyses completed at the Vancouver laboratory of Bureau Veritas. Samples were analyzed for gold and another 36 elements by ICP-MS (inductively coupled plasma-mass spectrometry) following an aqua regia digestion. The company submitted blanks, field duplicates and certified reference standards with batches of samples to monitor the quality of the analyses.

Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The property is along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. (Note that mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property). In early July 2020, the Company signed an option agreement to acquire a third license to add to the property package which now covers approximately 77 km2. The three licenses comprising the Kingsway project cover approximately 22km of the Appleton and Dog Bay Line faults which is associated with gold occurrences in the region, including the New Found Gold discovery. Historical work over the area covered by the Kingsway licenses shows evidence of gold in till, vegetation, soil, stream sediments, lake sediments and float. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water.

The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake Greenstone Belt.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies.

The Company has 93,294,175 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:             

Roger Moss, President and CEO      Tel: 416-704-8291
Or visit our website at: www.labradorgold.com

Twitter: @LabGoldCorp