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INTERVIEW: Durango Discusses Limestone Quality of up to >99.99% CaCo3* (56.20% CaO) on Mayner’s Fortune Project $DGO.ca

Posted by AGORACOM-JC at 3:34 PM on Tuesday, December 20th, 2016

Mayner’s Fortune

  • Property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River.
  • limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported
  • Property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

Lithium

  • 100% interest in the NMX East, a lithium property tied to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi property in Quebec. The NMX East property has all season road access via the Route Nord.
  • Property is comprised of 23 claims which cover 1,200 hectares and is located within a few kilometres of Nemaska’s proposed mining pit.
  • Nemaska Lithium is developing the world’s newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval.

 

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Durango Receives Assay Results From Mayner’s Fortune Limestone Project Near Terrace, BC $DGO.ca

Posted by AGORACOM-JC at 10:51 AM on Wednesday, December 14th, 2016

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  • limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported on its 100%-owned Mayner’s Fortune limestone project
  • Out of 8 unique samples taken from limestone outcrops at the Mayner’s Fortune property, all 8 yielded grades greater than 86.9% CaCo3* (48.7% CaO).

Vancouver, BC / December 14, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that, further to its news of November 1st, 2016, limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported on its 100%-owned Mayner’s Fortune limestone project.

The 320-hectare Mayner’s Fortune property is located 7.5km southwest of Terrace, B.C. along the CN rail route between Terrace and Kitimat and hosts five historically mapped sub-parallel limestone units. Durango completed its first phase of exploration on its limestone properties in late October, which included sampling to test limestone quality and substantiate historic reports. The assays in this release pertain to the late October visit.

Out of 8 unique samples taken from limestone outcrops at the Mayner’s Fortune property, all 8 yielded grades greater than 86.9% CaCo3* (48.7% CaO). All limestone samples from the property are shown in Table 1.

Table 1: Mayners Fortune Outcrop Samples

Sample Easting Northing CaO (%) CaCo3 (%)(calculated)* MgO (%)
85990 524067 6028649 56.20 >99.99 0.19
85999 524149 6028998 56.00 99.95 0.20
85991 524010 6028691 54.40 97.09 0.77
85995 523941 6028901 52.20 93.16 1.41
85988 523284 6028702 49.90 89.06 1.50
85993 523942 6028754 49.70 88.70 4.12
85987 523301 6028670 49.50 88.35 3.61
85997 523945 6029134 48.70 86.92 2.03

Note: All coordinates are NAD83 UTM Zone 9N

* Theoretical value of CaCo3 is calculated based on the assay value of CaO * 1.78476 and is used to estimate limestone (CaCO3) composition. This calculation assumes all CaO analysed is present as CaCO3.

 

Cautionary statement: Readers are cautioned that grab samples are selective by nature and are not necessarily representative of mineralization hosted on the property.

All samples were grab samples and were analyzed by Bureau Veritas, Vancouver, British Columbia. The analytical methods used correspond to Bureau Veritas code LF700 – Whole Rock Analysis by XRF.

An additional 26 outcrop samples were taken during a recent follow-up survey as announced on December 06, 2016 and are still pending assay at Bureau Veritas in Vancouver, BC. Assay results will be announced when they become available.

Marcy Kiesman, CEO of Durango stated, “We are extremely pleased with the assays received for the Mayner’s Fortune project. Favourable grades of up to >99.99% limestone from Limestone Unit #5 (by calculation), has created additional opportunities for potential end users. Despite snow and winter conditions, our geological crew successfully mapped limestone in the northern section of Unit #5 to an extent of 650m along strike by 140m apparent thickness with the unit remaining open at both ends. This compares well with historical mapping of 1,600m strike length and an apparent thickness of 180m in the south end of the limestone bed. These assay and mapping results have affirmed the vast potential of this property and Durango plans to continue to advance its limestone prospects through 2017.”

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

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 future exploration, final approval from governmental entities on the LNG project, Petronas determining whether to proceed with the LNG project and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, 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 its 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 Develops Limestone Branding $DGO.ca

Posted by AGORACOM-JC at 8:33 AM on Tuesday, November 15th, 2016

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  • Created logo and branding materials for packaging its limestone located on the northwest coast of British Columbia for agricultural use
  • Label “ever bloom” represents greater crop yield due to the fertility of the plants by using agricultural limestone as a soil conditioner

Vancouver, BC / November 15, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of November 10, 2016, it is has created logo and branding materials for packaging its limestone located on the northwest coast of British Columbia for agricultural use.

The label “ever bloom” represents greater crop yield due to the fertility of the plants by using agricultural limestone as a soil conditioner. The limestone activates when in contact with water and then dissolves into the soil, lowering the acidity and raising the pH which is essential for crop yields. This process can significantly boost profit potential of farms and can increase the fertilizer efficiency up to 50% which is desirable for greater crop yields. The lime also adds desirable nutrients to the soils such as calcium, magnesium and phosphorus which improves soil structure, increases rates of air and water infiltration, improves plant cell wall formation and can help to regulate the nutrient uptake through the roots of the plant producing the “ever bloom”.

Marcy Kiesman, CEO comments, “Durango is speaking with different groups who may benefit from using the BC limestone for agricultural use and for additional green-tech solutions. While Durango awaits the large-scale LNG markets to open up in northern BC, the Company is focused to initiate smaller niche market sales.”

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 limestone projects, obtaining final government, industry and other approvals of mining 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 Provides Visits Limestone Projects Near Potential Petronas LNG Project $DGO.ca

Posted by AGORACOM-JC at 9:23 AM on Tuesday, October 25th, 2016

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  • Exploration team is now in northern British Columbia at its Smith Island and Mayner’s Fortune limestone projects
  • Currently holds the past producing Smith Island limestone project located 6km southwest of Lelu Island which is where Petronas’ $36B proposed LNG facility is expected to be built

Vancouver, BC / October 25, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to its news of October 17th, 2016, the exploration team is now in northern British Columbia at its Smith Island and Mayner’s Fortune limestone projects.

Durango currently holds the past producing Smith Island limestone project located 6km southwest of Lelu Island which is where Petronas’ $36B proposed LNG facility is expected to be built. Durango also holds a 320-hectare property called the Mayner’s Fortune located 7.5km southwest of Terrace, B.C. which hosts six mapped sub parallel limestone units.

The Company is conducting its first phase exploration program on its limestone properties which is expected to include sampling to test for limestone quality, and mapping to confirm the historical reports. The Company is also investigating British Columbia minfile #103H 073 in the region for limestone potential. Further updates will be provided as they become available.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and 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 future exploration, final approval from governmental entities on the LNG project, Petronas determining whether to proceed with the LNG project and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, 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 its 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 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.

Interview: Durango Resources Well Positioned for Recently Approved $11.4-billion Terminal to Export Liquefied Natural Gas $DGO.ca

Posted by AGORACOM-JC at 10:54 AM on Monday, October 3rd, 2016

  • Company recently announced its plans to advance its limestone projects near Prince Rupert, British Columbia to prepare for the increase in aggregate and limestone required for infrastructure construction related to the potential construction of the Pacific NorthWest LNG export terminal in Northern British Columbia.
  • Durango plans to move forward on its limestone projects near the proposed LNG facility.
  • The Company is presently in the final stages of preparation for its upcoming phase 1 exploration program

Hub On AGORACOM / Corporate Profile / Watch Interview

Liberals approve Pacific NorthWest LNG project with environmental conditions $DGO.ca

Posted by AGORACOM-JC at 10:00 AM on Wednesday, September 28th, 2016

  • federal Liberal cabinet has approved construction of an $11.4-billion terminal to export liquefied natural gas from northern British Columbia
  • Catherine McKenna, who made the announcement late Tuesday in the Vancouver suburb of Richmond, outlined 190 conditions that Pacific NorthWest LNG must meet before building an export terminal on B.C.’s northern coast,
  • Cap on greenhouse gas emissions that would cut them nearly 20 per cent below what was first proposed

The federal Liberal cabinet has approved construction of an $11.4-billion terminal to export liquefied natural gas from northern British Columbia, subject to the project’s owners meeting an array of conditions designed to reduce the proposal’s environmental footprint.

Federal Environment Minister Catherine McKenna, who made the announcement late Tuesday in the Vancouver suburb of Richmond, outlined 190 conditions that Pacific NorthWest LNG must meet before building an export terminal on B.C.’s northern coast, including a cap on greenhouse gas emissions that would cut them nearly 20 per cent below what was first proposed.

Environmentalists have argued the project, and the increased greenhouse gas emissions that come with it, would be inconsistent with Canada’s climate commitments, while the B.C government says the exported fuel would reduce emissions from coal-fired plants in Asia. Some First Nations have warned the terminal would harm the local salmon population.

Related: What you need to know about B.C.’s climate plan

“The only way to get resources to market in the 21st century is if they can be done in a responsible and sustainable manner. This decision reflects this objective,” Ms. McKenna said Tuesday.

For nearly four years, B.C. Premier Christy Clark has been touting the economic potential of the fledgling LNG industry, but no projects have been built in the province yet. “It has been a lot of very, very hard work,” Ms. Clark said. “This is a project that will benefit all Canadians.”

The energy venture is led by Malaysia’s state-owned Petronas, which must now reach a decision with its partners to proceed with Pacific NorthWest LNG, though global LNG markets are experiencing a surplus of supply.

Ms. McKenna, Natural Resources Minister Jim Carr and Fisheries Minister Dominic LeBlanc announced the approval in Richmond.

In a statement, the federal government said the decision imposes “a maximum cap on annual project greenhouse gas emissions. This cap means direct greenhouse gas emissions from the project will be capped at a maximum of 4.3 million tonnes of equivalent carbon dioxide per year, 900,000 tonnes less than what had initially been proposed by the proponent.”

The Canadian Environmental Assessment Agency concluded the project near Prince Rupert would result in a significant increase in greenhouse gas emissions, even as federal and provincial governments aim to conclude a national deal this fall to dramatically reduce emissions. Environmentalists, some First Nations and a group of scientists also argue that Pacific NorthWest LNG’s choice to build the export terminal on Lelu Island would threaten juvenile salmon habitat in the Skeena River estuary.

The regulator, however, said the terminal and related infrastructure such as a suspension bridge would not cause major ecological damage to a sandbar called Flora Bank. The Allied Tsimshian Tribes of Lax Kw’alaams say Flora Bank and Lelu Island are part of their traditional territory.

Constructing Pacific NorthWest LNG would be a massive shot in the arm for the B.C. economy. The consortium estimates the total cost at $36-billion by its completion in 2021, including the construction of the liquefaction terminal and pipelines that would connect with natural gas supplies; Petronas’s $5.2-billion acquisition of Progress Energy Canada in 2012; and $12-billion in drilling and natural gas production in northeastern B.C. needed to feed the plant. The overall price also includes TransCanada Corp.’s commitment to build two related pipelines at a cost of $6.7-billion.

In its draft report in February, the Canadian Environmental Assessment Agency said Pacific NorthWest LNG’s proposal to build the export terminal would likely harm harbour porpoises and contribute to climate change.

Prime Minister Justin Trudeau and his cabinet, which met on Tuesday morning in Ottawa, had until Oct. 3 to render a decision in what has been a lengthy regulatory process dating back to 2013.

Pacific NorthWest LNG is considered the front-runner among 20 B.C. LNG proposals. But with the world awash in LNG supplies, low prices in Asia for the fuel have rendered most B.C. proposals uneconomic, industry experts say.

“After a rigorous and comprehensive regulatory process, Pacific NorthWest LNG is pleased that the government of Canada has issued an environmental decision statement to our project,” the consortium’s president, Adnan Zainal Abidin, said in a release. “Moving forward, Pacific NorthWest LNG and our shareholders will conduct a total project review over the coming months prior to announcing next steps for the project.”

In anticipating the approval Tuesday, Conservative interim leader Rona Ambrose said the Liberal government must now work to ensure the LNG terminal gets built.

“We believe strongly that now that it’s approved, the Prime Minister needs to champion the project,” Ms. Ambrose said. “He needs to make this project important, not only for British Columbians, but for all Canadians. This is a project that will create thousands of jobs, create billions of dollars in investments and it is a project that’s absolutely necessary for the prosperity of this country.”

Aboriginal leaders from the Wet’suwet’en, Gitanyow, Lake Babine and Gitxsan say Pacific NorthWest LNG’s proposed site is the wrong place to locate an LNG export terminal because of the risks to salmon habitat in the estuary of the Skeena River, near Lelu Island. They say their views have been largely ignored because their land is farther away from Lelu Island than other First Nations.

But Pacific NorthWest LNG has pointed out that it has consulted with five Tsimshian First Nations – the Metlakatla, Kitselas, Gitxaala, Kitsumkalum and Lax Kw’alaams. While four of those groups have signed term sheets that are intended to lead to impact benefit agreements, the Lax Kw’alaams First Nation is the holdout.

The Gitga’at First Nation remains upset at the B.C. government’s previous consultation process, which excluded the aboriginal group from being fully recognized in a provincial environmental assessment of Pacific NorthWest LNG.

“Lelu Island will still be a hard sell. Pacific NorthWest LNG doesn’t have a clear path, and First Nations along the Skeena River aren’t not going to roll over on this,” said Art Sterritt, a spokesman for the Gitga’at.

He said Gitga’at leaders are open to LNG development as long as there are safeguards to protect the environment, and the Gitga’at will first need to study the conditions placed on the Lelu Island terminal before deciding whether to support or oppose construction.

Source: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/pacific-northwest-lng-decision/article32092033/

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.

Durango Provides Update on LNG Canada Proposal

Posted by AGORACOM-JC at 12:54 PM on Monday, January 11th, 2016

  • Announced that LNG Canada, a consortium consisting of Shell Canada Energy (TSX-SHC) and affiliates of PetroChina, Korea Gas Corp., and Mitsibishi Corp. have been granted a 40-year export licence to ship up to 38 billion cubic feet of LNG per year as reported on www.globalnews.ca
  • Scale of the project is comparable to a recently completed project located in Australia, Curtis Island LNG which can be viewed here http://www.bechtel.com/projects/curtis-island-lng/

Vancouver, BC / January 11, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announced that LNG Canada, a consortium consisting of Shell Canada Energy (TSX-SHC) and affiliates of PetroChina, Korea Gas Corp., and Mitsibishi Corp. have been granted a 40-year export licence to ship up to 38 billion cubic feet of LNG per year as reported on www.globalnews.ca.

The scale of the project is comparable to a recently completed project located in Australia, Curtis Island LNG which can be viewed here http://www.bechtel.com/projects/curtis-island-lng/ which outlines the significant amount of materials required to construct an LNG export facility.

Globalnews.ca also reported that LNG Canada has not yet made a final investment decision about the project and Andy Calitz, CEO of LNG Canada stated, “If the LNG Canada project moves into construction, it will be one of the largest energy infrastructure projects ever built in Canada, and will make an important and lasting contribution to the local, provincial and national economy.”

Durango has been in contact with a European LNG group, www.reganosa.com in relation to LNG project discussions and potential collaborations. Additional updates on the Mayner’s Fortune and Smith Island Projects are expected in the upcoming weeks.

About the Mayner’s Fortune Prospect

The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River. The property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

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.

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.

Durango Looks to Advance Limestone

Posted by AGORACOM-JC at 12:14 PM on Thursday, October 29th, 2015

  • TransCanada Corp. has received final permits from the British Columbia Oil and Gas Commission (BCOGC), giving regulatory approval for the construction and operation of the Prince Rupert gas transmission (PRGT) pipeline project
  • Globe and Mail reported in its Wednesday, Oct. 28, edition that “TransCanada announced that it cleared one of the final regulatory hurdles necessary to begin construction of a $5-billion pipeline project serving a proposed natural gas export facility in British Columbia …”
  • Marcy Kiesman stated, “This is good news for Durango as these permits will link the northeastern British Columbia natural gas production with the proposed Pacific Northwest (PNW) liquefied natural gas station on Lelu Island near Prince Rupert.

Vancouver, BC / October 29, 2015 – Durango Resources Inc. (the “Company” or “Durango”) reports that TransCanada Corp. has received final permits from the British Columbia Oil and Gas Commission (BCOGC), giving regulatory approval for the construction and operation of the Prince Rupert gas transmission (PRGT) pipeline project.

The Globe and Mail reported in its Wednesday, Oct. 28, edition that “TransCanada announced that it cleared one of the final regulatory hurdles necessary to begin construction of a $5-billion pipeline project serving a proposed natural gas export facility in British Columbia. Developers are racing to build export terminals to sell the power-plant fuel on international markets amid a glut of supplies and low domestic prices.”

Marcy Kiesman stated, “This is good news for Durango as these permits will link the northeastern British Columbia natural gas production with the proposed Pacific Northwest (PNW) liquefied natural gas station on Lelu Island near Prince Rupert. Durango’s Smith Island limestone property is located approximately six kilometres away from Lelu Island and with the permitting milestone now achieved, Durango plans to begin the advance of the north coast BC limestone properties.”

About Smith Island

The Smith Island property is a past producing limestone property located approximately 6 kilometres southwest of Lelu Island near Prince Rupert, BC where the proposed $36 billion LNG facility is expected to be built by Petronas LNG Consortium (Pacific Northwest LNG).

About Mayner’s Fortune

The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River. The property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

The Shell Consortium LNG project partners received full Environmental Approvals in June, 2015, for the proposed $40 billion LNG project in Kitimat. Public information on the LNG Canada consortium can be viewed at www.lngcanada.ca.

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 Buckshot graphite property near the Miller Graphite mine in Quebec and 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:

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.