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CLIENT FEATURE: Durango Resources (DGO: TSX:V) Capitalizing on the Future of LNG

Posted by AGORACOM-JC at 4:57 PM on Friday, September 25th, 2015

Recent Highlights

  • Acquired two limestone properties in north western British Columbia which have been strategically chosen in an effort to coincide with the LNG projects near Kitimat and Prince Rupert.
  • Both the Mayner’s Fortune property and the Smith Island property have historical occurrences of limestone which will fast track the exploration to production timeline since they are near term producing properties.
  • Mayner’s Fortune property is located 50km away via CN Rail line from the Kitimat Shell Consortium LNG proposed site and hosts a series of 6 north east striking limestone beds which have been reported to be grades as high as 96%.
  • Historical workings have indicated a preliminary 454,000 tonnes of limestone in the first limestone bed nearest to the rail road. The Company has been contacted by CN Rail and they look forward to working with Durango to help move the project forward.



Decouverte (Discovery) property

  • Over 51km(2), is located 100km north of Chibougamau in the Frotet – Evans greenstone belt.
  • Company carried out a 439 line kilometer helicopter borne DIGHEM EM/magnetic airborne geophysical survey on the property in 2011 (NR Nov 24, 2011).
  • Property benefits from very favorable infrastructure including road accessibility (within 10km of Route du Nord and a myriad of logging roads), and a power line which bisects the property.
  • Mineralized target area is located to the east of Lac Pasquale and consists of two significant aero-magnetic anomalies, with some electromagnetic coincidence possibly associated with linear structural features, in the Frotet-Evans greenstone belt

Robert Creek Property

  • 1,222 hectares located near the Alberta / Saskatchewan border.
  • Company holds a 100% interest in a property in the emerging, southwest portion, of the Athabasca Basin in Saskatchewan adjacent to NexGen Energy Ltd. (TSX.V-NXE).
  • Athabasca Basin proving to the world to be a premier uranium district with average grades that are ten times greater than elsewhere in the world, highly skilled labour and infrastructure in place for milling and transport.
  • Historical GSC lake sediment values of 1.6 ppm, 1.2 ppm and 0.8 ppm uranium were reported with two samples only one kilometre apart. developing a major uranium deposit, was 3.5 ppm uranium as reported in the news release on April 12, 2010.

Trove, Quebec

  • 100% interest in a 1,500 hectare property located approximately 15km to the southwest of Eagle Hill’s (EAG – TSX.V) Windfall Lake Gold Property.
  • Eagle Hill has completed over 330 diamond drill holes with results as high as 52.3 oz/t over 4.8 metres.
  • 2010 summer drill program hit wide gold mineralization showing 14.51 g/t gold over 52.0 metres (hole EAG 10-196) and 3.35 g/t of gold over 24.6 metres (hole EAG 10-238).