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Durango Prepares to Explore Limestone Projects In Northern BC $DGO.ca

Posted by AGORACOM-JC at 9:04 AM on Monday, October 17th, 2016

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  • Made arrangements to undertake site visits to its limestone properties located on the northwest coast of British Columbia
  • Small exploration crew is poised to evaluate the logistics for a sampling program on its wholly owned Smith Island and Mayner’s Fortune properties

Vancouver, BC / October 17, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 29, 2016, it has made arrangements to undertake site visits to its limestone properties located on the northwest coast of British Columbia.

A small exploration crew is poised to evaluate the logistics for a sampling program on its wholly owned Smith Island and Mayner’s Fortune properties. The past producing Smith Island claims are located 6km southwest of Lelu Island, the proposed site of a pending $36 billion LNG facility that recently received conditional approval of the federal government. The Mayner’s Fortune claims are located approximately 7.5km southwest of Terrace, B.C., along the CN rail route between Terrace and Kitimat, B.C., where the proposed Royal Dutch Shell Consortium $40 billion LNG facility awaits a final investment decision.

Marcy Kiesman, CEO comments: “Durango is fortunate to have multiple properties positioned for discovery in its portfolio which starkly contrasts with many junior exploration companies. The management team has worked hard over the past few years to diversify its holdings and acquire projects at various exploration stages to mitigate shareholder risk. Our team looks forward to visiting the past producing project of Smith Island, mapping the extent of the multiple limestone units at Mayner’s Fortune, and meeting with local parties of interest and land users in the area.”

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including commencement and completion of the LNG projects, obtaining final government, industry and other approvals of such projects, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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

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

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

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

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

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

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

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

About Durango Resources Inc.

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

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

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.339.2243

Facsimile: 888.266.3983

Email: [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, execution of a definitive agreement, raising of funds, obtaining regulatory approvals and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.