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Durango to Drill Test NMX East Lithium Project $DGO.ca

Posted by AGORACOM-JC at 10:30 AM on Wednesday, January 18th, 2017

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  • Planning is underway to drill test its lithium bearing pegmatite zone discovered in the summer 2016 exploration program on ground adjacent to Nemaska Lithium’s (T-NMX) Whabouchi Deposit and the newly discovered Doris zone

Vancouver, BC / January 18, 2017 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that planning is underway to drill test its lithium bearing pegmatite zone discovered in the summer 2016 exploration program on ground adjacent to Nemaska Lithium’s (T-NMX) Whabouchi Deposit and the newly discovered Doris zone.

On January 17th, 2017 Nemaska Lithium announced “With the Doris zone discovery in late fall it is prudent to consider the possible impact of its eastward continuance…” In the news release of November 28th, 2016, Nemaska Lithium stated, “the Doris zone, contains 5 interconnected dykes and has now been confirmed on 420m of lateral extension and up to a maximum depth of 440m where it joins the main dyke.” “Doris appears to run parallel to main zone which extends for 1.2km to the northeast.”

Durango’s 100% wholly owned NMX East ground adjoins Nemaska Lithium on the eastern perimeter where Nemaska Lithium’s Doris zone remains open, less than 1.5km from the proposed mining pit. Durango’s geological team confirmed a pegmatitic intrusion running parallel to Nemaska Lithium’s main zone where it tested positive for anomalous Lithium and rubidium as per the news release on September 21, 2016. A map of the zones comparative with Nemaska Lithium Inc. may be viewed on the Durango website.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Accepting Bids to Drill NMX East in Quebec $DGO.ca

Posted by AGORACOM-JC at 1:40 PM on Monday, October 31st, 2016

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  • Accepting bids to drill the recently discovered lithium bearing pegmatites on its wholly owned NMX East ground adjacent to Nemaska Lithium (TSX-NMX) near Nemaska, Quebec
  • Earlier today, Nemaska Lithium announced an agreement to supply 8,000 metric tons of lithium carbonate per year beginning in mid-2018 to FMC Corporation (NYSE-FMC).

Vancouver, BC / October 31, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 21, 2016, it is accepting bids to drill the recently discovered lithium bearing pegmatites on its wholly owned NMX East ground adjacent to Nemaska Lithium (TSX-NMX) near Nemaska, Quebec.

Earlier today, Nemaska Lithium announced an agreement to supply 8,000 metric tons of lithium carbonate per year beginning in mid-2018 to FMC Corporation (NYSE-FMC).

Durango’s property borders Nemaska Lithium, and the lithium bearing pegmatites Durango discovered on a simple reconnaissance exploration program are within a few kilometres of Nemaska’s Whabouchi deposit. It is anticipated that at least four exploratory drill holes will be completed to test the extent of the pegmatites and the grades below the weathered surface.


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Marcy Kiesman, CEO comments: “With the Paris Climate Agreement taking effect November 4, 2016, Durango believes there will be unprecedented growth in carbon free energy sources including electric vehicle growth. Electric vehicles use a majority of lithium ion batteries as their power source so it stands to reason that lithium demand will continue to rise.”

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

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

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Durango Samples 79 Outcrops at Nemaska, Quebec $DGO.ca

Posted by AGORACOM-JC at 9:54 AM on Tuesday, September 13th, 2016

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  • Pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec
  • On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.

Vancouver, BC / September 13, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 8, 2016, pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec.

The pegmatites were discovered on the North, South and Eastern blocks of Durango’s claims in the recently completed program. On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.

Durango’s professional exploration team made a total of two hundred outcrop discoveries on its four claim blocks. The outcrops were examined by rock breaking and hand lens observation. From the 200 outcrop discoveries, a total of seventy-nine were sampled and sent for assay. Eight blank samples were also added and sent in for assay as Quality Assurance and Quality Control.

Nemaska Lithium Inc. announced on September 6, 2016 that drilling southwest of the deposit intercepted lithium rich pegmatite dykes at shallow depth. With the abundance of historical work completed on Nemaska’s immediate deposit area, Nemaska Lithium has proven that step out drilling from the known deposit area has discovered lithium rich pegmatite dykes below the overburden.

Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s success on the drill intercepts announced on September 6, 2016 may suggest the pegmatite dykes beneath overburden are pervasive, or without interruption. Drill intercepts were made where no pegmatite dykes are outcropping, so Durango plans to plot the current drilling data to derive any potential projections onto Durango’s neighboring claims.”

Durango expects results from its program to be released in the near future and will provide a news release once the results have been processed.

The technical contents of this release were approved by Mr. Donald Theberge, PEng., MBA, a qualified person as defined by National Instrument 43-101. The property has not been 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 or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango To Commence Nemaska-Area Work Program $DGO.ca $NMX.ca

Posted by AGORACOM-JC at 9:10 AM on Friday, July 29th, 2016

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  • Drilling by Nemaska Lithium Corp. confirms that Whabouchi lithium deposit extends to the east toward Durango’s property which is contiguous to the Whabouchi property
  • Marcy Kiesman, CEO of Durango stated, “Due to the recent drilling program of Nemaska Lithium which confirms that the dikes on its property extend to the east towards our property, our exploration team is excited to begin an exploration program on our claims in this area.”

Vancouver, BC / July 29, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that recent drilling by Nemaska Lithium Corp. (TSX-NMX) (“Nemaska”) confirms that Nemaska’s Whabouchi lithium deposit extends to the east toward Durango’s property which is contiguous to the Whabouchi property.

Nemaska’s news release from July 28, 2016 stated “The drilling thus far has confirmed the continuity of the dikes down to 200 metres from surface in the eastern part of the deposit and spodumene-bearing pegmatite dikes were observed in all holes…[and]…confirms that there are additional dikes on the Whabouchi property.”

The discovery of additional dikes aligns with the USGS paper 2003-1008 which states that “LCT pegmatites typically occur in groups, which consist of tens to hundreds of individuals and cover areas up to a few tens of square kilometers (Cerny, 1991).”1

Further to Durango’s news release of July 18, 2016, Durango’s exploration team expects to be mobilized on its property in the Nemaska region by August 2nd for the initiation of its exploration program. The initial program will take place over a period of approximately two weeks and consist of detailed mapping and sampling and will target geophysical and historical lithogeochemical anomalies.

Marcy Kiesman, CEO of Durango stated, “Due to the recent drilling program of Nemaska Lithium which confirms that the dikes on its property extend to the east towards our property, our exploration team is excited to begin an exploration program on our claims in this area.”

References

  1. (1)”A Preliminary Deposit Model for Lithium-Cesium-Tantalum (LCT) Pegmatites”, US Geological Survey Open File Report 2013-1008 by Dwight Bradley and Andrew McCauley.

About Durango Resources Inc.

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

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Finalizes Exploration Plan For Nemaska Whabouchi Area Properties $DGO.ca

Posted by AGORACOM-JC at 9:45 AM on Monday, July 18th, 2016

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  • Finalized its exploration plan for its properties near Nemaska Lithium’s Whabouchi deposit
  • One of the closest land positions to Nemaska Lithium’s proposed Whabouchi pit
  • Boundary 1.4 kilometres to the east of the proposed pit and contiguous with more than 8 kilometres of Nemaska’s property boundary

Vancouver, BC / July 18, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it has finalized its exploration plan for its properties near Nemaska Lithium’s Whabouchi deposit in northern Quebec. Durango boasts one of the closest land positions to Nemaska Lithium’s proposed Whabouchi pit, with its boundary 1.4 kilometres to the east of the proposed pit and contiguous with more than 8 kilometres of Nemaska’s property boundary.

The first phase of exploration will consist of a detailed mapping and sampling program and will take place over the course of approximately two weeks, commencing in early August. The program will target geophysical and historical lithogeochemical anomalies, with the goal of identifying pegmatite bodies underlying the property. Various targets of the survey are outlined below.

Of particular interest to the Durango technical team are a series of geophysical signatures in both the historical total field and gradiometric magnetic surveys reported in the 2011 Tucana Lithium Report on the Abigail Property (1). These anomalies indicate some potential for an extension from the Whabouchi deposit, or a trail of similar pegmatite intrusions, towards the northeast, crossing the north-central portion of Durango’s eastern claim block, as shown below in Figure 1 and Figure 2.

Figure 1: Total Field Magnetic Survey


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Figure 2: Gradiometric Magnetic Survey


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Larger images available at: http://www.durangoresourcesinc.com/projects/nmx-east-quebec/

The Company cautions that these are preliminary interpretations. There has been insufficient exploration to define a mineral resource on the property and it is uncertain if further exploration will result in mineralization or mineral resources being identified on the property.

Durango has also coordinated with the Cree First Nation of Nemaska to arrive on site in the coming weeks. The Company is fully financed to execute the first phase of exploration at its Nemaska properties, as well as its 100%-owned Dianna Lake Silver Prospect in northern Saskatchewan (see Durango news, July 13, 2016).

Pending the success of the sampling program and identification of any anomalous lithogeochemical values, the following phase may consist of trenching across the identified anomalous zones, as warranted. Further information on the second phase of exploration will be provided after the conclusion of Phase 1.

Marcy Kiesman, CEO of Durango comments, “We were very pleased to hear on July 13th, Nemaska Lithium announced a drill program targeting the eastern zone of its proposed Whabouchi pit to add near-surface resources. This new information, in addition to the surge of recent activity in the area, has greatly reinforced the potential of Durango’s key land position in the Nemaska region. We expect to get boots on the ground following the completion of our sampling program at Dianna Lake, which is currently underway.”

Additionally, the board has granted an aggregate of 650,000 options to directors, officers and consultants of the Company. Each option is exercisable for one common share at an exercise price of $0.10 for a period of two years from the date of grant.

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.

References

  1. (1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.

About Durango Resources

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 mine, 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, but not limited to the purchase, development, completion of the Financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Receives Compilation Report For Nemaska Whabouchi Properties $DGO.ca

Posted by AGORACOM-JC at 8:17 AM on Tuesday, July 5th, 2016

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  • Identified pegmatite outcrops on Durango’s Nemaska Whabouchi area properties
  • Compilation report is now complete
  • New satellite images were acquired which displayed outcropping of pegmatites

Vancouver, BC / July 5, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to the news release of June 27, 2016, where Mr. Donald Theberge, P.Eng., M.B.A identified pegmatite outcrops on Durango’s Nemaska Whabouchi area properties, the compilation report is now complete.

During Mr. Theberge’s compilation of information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec, new satellite images were acquired which displayed outcropping of pegmatites on Durango’s properties. It has been confirmed that upon examination of the high definition satellite photos, newly identified outcrops and outcropping ridges were not previously evaluated by Tucana or any other company.

The conclusion of Mr. Donald Theberge, P.Eng., M.B.A, was that all of the “blocks of property are located in a fertile environment for lithium-bearing pegmatites, and also for gold and base metals with the EM anomalies.” It is highly recommended that exploration work is initiated immediately starting with a mapping and sampling program.

Marcy Kiesman, CEO of Durango, comments, “We are very pleased to see that each of Durango’s properties have confirmed pegmatite outcrops from the satellite photos, and more importantly, that they were not previously visited or sampled during the Tucana survey. This increases the odds of success for Durango and advances its position for discovery in the Nemaska region. The final details of the exploration program are now underway and updates will be announced as they become available.”

Additionally, further to the news release of June 30th, 2016, the non-flow through Financing has closed its second tranche and has now reached a total issuance of 2,510,000 non-flow through units at a price of $0.10 per unit for gross proceeds of $251,000. Each unit is composed of one common share and one warrant entitling the holder to acquire one additional common share at an exercise price of 15 cents per warrant for a period of one year from closing. The Company will pay a finder’s fee of $9,000 cash and 90,000 finders warrants in connection with the non-flow through financing. All securities under the placement are subject to a four month hold period from the date of closing and are subject to final TSX Venture Exchange approval.

The technical contents of this release were approved by Mr. Donald Theberge P.Eng., M.B.A., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About 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 mine, 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, but not limited to the purchase, development, completion of the Financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Identifies Pegmatite Outcrops In Nemaska Whabouchi South Property and Provides Corporate Update $DGO.ca

Posted by AGORACOM-JC at 4:54 PM on Monday, June 27th, 2016

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  • Identified pegmatite outcrops via satellite imagery
  • Will help to direct the upcoming work program for Whabouchi area properties.

Vancouver, BC / June 27, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango“) announces that further to the news release of June 23, 2016, Mr. Donald Theberge, P.Eng., M.B.A has identified pegmatite outcrops via satellite imagery which will help to direct the upcoming work program for Durango’s Nemaska Whabouchi area properties.

During Mr. Theberge’s compilation of information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec, new satellite images were acquired which displayed outcropping of pegmatites on Durango’s properties.

Marcy Kiesman, CEO of Durango, comments, “We are pleased to see that additional pegmatite outcrops occur on one of our recently titled southern lithium properties in addition to the pegmatites which were already known on Durango’s claims. The upcoming work program will now include the newly titled claims called ‘Whabouchi South’ and ‘Lac Noir’ which are adjacent to Nemaska Lithium’s Whabouchi property and south of Durango’s NMX East claims in Quebec.”

Further to its news dated April 28, 2016, Durango advises that the proposed optionee of its NMX East properties did not confirm that it had completed due diligence to its satisfaction prior to the end of the sixty-day period specified in the term sheet (the “Term Sheet”). Consequently, management advised the proposed optionee that the Term Sheet is terminated. The proposed optionee of the NMX East properties claims that the Term Sheet is still in effect. While Durango disagrees, it is willing to continue negotiations with the proposed optionee in respect of optioning the 11 claims that were subject to the Term Sheet and will provide further details as they become available. In the meantime, Durango will be focusing its efforts on the other 38 titled lithium claims that it holds in the area.

Further to the news release dated June 22, 2016, Durango wishes to provide further disclosure on the proposed private placement (the “Financing”) as it is expected that some of the securities comprising the Financing will be distributed pursuant to the recently-adopted BC Instrument 45-536, which provides a prospectus exemption for certain securities distributions made through an investment dealer. As noted in the June 22nd news release, the Financing will be comprised of up to 2.5 million units (the “Non-Flow Through Units”) at a price of $0.10 per Non-Flow Through Unit and 2.5 million flow through units (the “Flow Through Units”) at a price of $0.125 per Flow-Through Unit, to raise gross proceeds of up to $562,500. The Company has not established any minimum offering size.

It is expected that all funds raised in connection with the Flow-Through Units will be used for exploration programs on Durango’s mineral properties in northern Quebec, including its Nemaska-area lithium projects and possibly its Trove and Decouverte properties. It is also expected that the funds raised in connection with the Non-Flow Through Units will be used for exploration programs on Durango’s Dianna Lake silver property in northern Saskatchewan and its Whitney NW property near Timmins, Ontario and also for general working capital. There is no material fact or material change about the Company that has not been generally disclosed.

The technical contents of this release were approved by Mr. Donald Theberge P.Eng., M.B.A., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About 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 mine, 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, but not limited to the purchase, development, completion of the Financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Engages Theberge to Oversee Nemaska Whabouchi Area Claims $DGO.ca

Posted by AGORACOM-JC at 9:52 AM on Thursday, June 23rd, 2016

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  • Recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties

Vancouver, BC / June 23, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that Durango has recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties.

On May 5, 2016, Durango reported the identification of pegmatites were discovered on Durango’ s property which is tied to Nemaska Lithium’s (TSX.V-NMX) proposed Whabouchi Lithium Mine. This pegmatite discovery was made by the analysis of the 43-101 Abigail Property report written for Tucana Lithium Corp. in 2011 by Donald Theberge, P.Eng. Mr. Theberge is now currently compiling information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec for Durango.

Marcy Kiesman, CEO of Durango, comments, “In effort to position for discovery, Durango is extremely pleased to have Donald Theberge, P.Eng. lead the exploration program due to his extensive knowledge of the geology in the area and his past work experience with Nemaska Lithium. I firmly believe that having Mr. Theberge lead our exploration team is a significant advantage and a strategic step for Durango.”

Further to the news dated June 22, 2016, announcing a financing of up to 5 million units, part of the units comprising the financing will be distributed pursuant to British Columbia Instrument 45-536. There is no material fact or material change about the Company that has not been generally disclosed.

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 mine, 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, but not limited to the purchase, development, financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Evaluates Hidden Lake Property $DGO.ca

Posted by AGORACOM-JC at 2:44 PM on Tuesday, June 7th, 2016

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  • Announced that it has been offered a lithium prospect to review in the Hidden Lake area of the Northwest Territories
  • On June 7th, 2016, 92 Resources Corp. announced via stockwatch, “Samples up to 3.06% Li2O at Hidden Lake, NWT” from a site visit confirming historical results.

Vancouver, BC / June 7, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it has been offered a lithium prospect to review in the Hidden Lake area of the Northwest Territories.

On June 7th, 2016, 92 Resources Corp. announced via stockwatch, “Samples up to 3.06% Li2O at Hidden Lake, NWT” from a site visit confirming historical results.

Marcy Kiesman, CEO of Durango, comments, “The junior mining community is small, resulting in mutual acquaintances which provides opportunity for Durango to negotiate on property in the Hidden Lake area. Durango is currently evaluating the potential of the area and will provide an update when and if mutually accepted terms are reached.”

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 mine, 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, but not limited to the purchase, development, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Provides Update on Nemaska Properties $DGO.ca

Posted by AGORACOM-JC at 8:11 AM on Thursday, June 2nd, 2016

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  • Announced that upon further review of historic data on the Nemaska area, the Company has further refined targets for its upcoming exploration program at its NMX East property in northern Quebec
  • Three parallel signatures were found to occur clearly on the Durango property in both the gradiometric and total field magnetic surveys.

Vancouver, BC / June 2, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango“) announces that upon further review of historic data on the Nemaska area, the Company has further refined targets for its upcoming exploration program at its NMX East property in northern Quebec.

Based on observations from gradiometric and total field magnetic surveys conducted on the area in 2011, several geophysical signatures have been found on the property which coincide with mapped pegmatites from the 2011 Tucana Lithium technical report on the Abigail property (1)(2). These geophysical signatures appear to extend eastward from Nemaska Lithium’s Whabouchi property.

Three parallel signatures were found to occur clearly on the Durango property in both the gradiometric and total field magnetic surveys. Two of these signatures were confirmed in Tucana Lithium’s 2011 report to be coincident with pegmatite outcropping at surface, while the third was not mapped (1). Furthermore, one of the signatures appears to lie directly along strike with the Whabouchi deposit.

Marcy Kiesman, CEO of Durango, comments, “There has been extensive staking in the Nemaska area over the past few months, while work programs in the area are beginning to commence. Our approach has been to compile and reinterpret all available materials prior to commencing work in an effort to make Durango’s upcoming exploration program in Nemaska as efficient as possible and to provide the best chance of discovery.”

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.

References

  1. (1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.
  2. (2)D’Amours, I., (2011). Leve magnetique aeroporte de la partie sud-est de la Sous-province de Nemiscau et de la partie nord de la Sous-province d’Opatica, Baie-James, Quebec

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 mine, 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, but not limited to the development, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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