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TRADING ALERT – Uragold (UBR: TSX-V) Up 25% on 829K Shares, Watch Recent Interview with Company CEO

Posted by AGORACOM-JC at 2:26 PM on Monday, February 22nd, 2016

TRADING ALERT!!!

Last: $0.075 Up: $0.015

Percent: 25% Volume: 829K Shares

Hub On AGORACOM / Corporate Profile

—————————

MUST WATCH INTERVIEW

  • Uragold In The Process Of Converting Its High Purity Quartz Into Solar Grade Silicon Metal
  • $5,000,000 Funding + 20 Year Offtake Agreement Signed For Asia
  • Exclusive Global License From US Navy Technology Vendor
  • “We’ll Be Able To Build A Mercedes For The Cost Of A Lada”
  • $12,000,000,000 Target Market

“There is no other way to say it: this technology could represent a potential quantum leap forward for the solar panel industry becoming a more competitive source of renewable energy.”

Bernard Tourillon, Chairman and CEO

GRAB A COFFEE AND WATCH THIS INTERVIEW

Hub On AGORACOM / Read Release

DISCOVER YOUR NEXT GREAT SMALL CAP STOCK

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Omagine’s Margin Of Safety Is Very Real

Posted by AGORACOM-JC at 12:56 PM on Friday, February 19th, 2016

Summary

  • At $1.34/share the stock is trading for just less than 12% of the company’s net current assets.
  • Investors have good justification for being pessimistic toward Omagine’s future profitability.
  • The question is not whether investor sentiment should be low, but whether it is too low.

Omagine, Inc. (OTCQB:OMAG), a Delaware-based holding company, is a stock the market has apparently left for dead. In fact, investors are currently declaring that the company is worth more dead than alive. At $1.34/share the stock is trading for just less than 12% of the company’s net current assets. This means that not only does the market value the firm’s Property, Plant & Equipment at zero, but it is also discounting the net liquid assets by nearly 90%.

Benjamin Graham famously classified stocks such as Omagine as Net Current Asset Value (NCAV) stocks. NCAV is a stock-selection strategy which Graham developed and implemented. The strategy finds stocks trading for less than the difference between current assets minus total liabilities. There is no regard given to the company’s long-term assets or future profits. Warren Buffett nicknamed it the “cigar-butt approach” because:

Investors have good justification for being pessimistic toward Omagine’s future profitability. The company has consistently posted negative earnings and free cash flow in each year for the last decade. The question is not whether investor sentiment should be low, but whether it is too low. The company has reported free cash flow per share of negative $0.064 on average for each of the last five years. If this losing trend continues, it would take 160 years for the company’s net current assets to fall to what they are valued at today.

Without attempting to make any predictions on Omagine’s future prospects, the fundamentals below clearly show that a significant margin of safety is built into the stock price.

  • Current Assets: $490.85 Million
  • Total Liabilities: $288.92 Million
  • Diluted Weighted Average Shares: 17.42 Million
  • Net Current Asset Value/Share: $11.59
  • Current Price: $1.34 (intraday on 2/18/16)
  • Price/NCAV: 11.6%

Individual investors who buy a diversified group of NCAV stocks such as Omagine, can be confident in the long-term results they will achieve by patiently implementing the strategy. Benjamin Graham acknowledged that this approach is “ridiculously simple” but argued for its undeniable success.

Late in his life, he estimated this strategy earned him an average of 20% per year. He said, “I consider it a fool-proof method of systematic investment – not on the basis of individual results but in terms of the expectable group outcome.”

Graham warned that the approach only works “if you can find enough of them to make a diversified group, and you don’t lose patience if they fail to advance soon after you buy them.” For a deep margin of safety, Graham always made an effort to pay no more than two-thirds the NCAV.

At the time of this writing, Omagine is displaying as stock with the lowest price to NCAV on TheStockMarketBlueprint.com.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Editor’s Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

Source: http://seekingalpha.com/article/3911376-omagines-margin-safety-real?auth_param=uq7tv:1bcehmb:2cd44cba16e354cad51caa984b08f3c7&dr=1#alt2

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INTERVIEW: Uragold Discusses Testing Of Process to Convert High Purity Quartz to Solar Grade Silicon Metal, a $12B Industry

Posted by AGORACOM-JC at 5:23 PM on Thursday, February 18th, 2016

  • Largest holder of High Purity Quartz properties in Quebec
  • Despite the abundance of quartz, very few deposits are suitable for high purity applications
  • High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast
  • Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that material is highly suited for their silicon metal production

Hub On AGORACOM / Corporate Profile / Watch Interview!

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Durango Provides Update on NMX East JV

Posted by AGORACOM-JC at 9:38 AM on Thursday, February 18th, 2016

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  • Announces that further to the joint venture announcement on January 29, 2016, negotiations are still underway for the NMX East claims
  • Claims under negotiation are adjacent to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi lithium property in northern Quebec

Vancouver, BC / February 18, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that further to the joint venture announcement on January 29, 2016, negotiations are still underway for the NMX East claims. The claims under negotiation are adjacent to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi lithium property in northern Quebec.

Durango will provide further updates if and when an agreement is reached on the NMX East property.

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, the NMX East lithium property and the Buckshot graphite property near the Miller Graphite mine in Quebec.

DURANGO offre mise a jour ON NMX EAST JV

Vancouver, BC / TNW-Accesswire / 18 fevrier 2016 – Durango Resources Inc. (le “Company” ou “Durango”) annonce que, suite a l’annonce de la joint-venture sur 29 janvier 2016, les negociations sont toujours en cours pour les reclamations de NMX East. Les revendications en cours de negociation sont adjacentes a Nemaska Lithium Inc. (TSX.) V-NMX) propriete lithium Whabouchi au nord du Quebec.

Durango fournira davantage mises a jour lorsqu’un accord est intervenu sur la propriete de NMX East.

Sur Durango

Durango de ressources Inc. est une societe de ressources naturelles engages dans l’acquisition et l’exploration de proprietes minieres. En plus de la Mayner projets de calcaire Fortune et Smith Island, la societe detient une participation de 100 % dans la Decouverte et proprietes Trove or dans la region de l’Abitibi du Quebec, la propriete de lithium de NMX East et la propriete de graphite de chevrotines pres de la mine de Graphite de Miller au 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.

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KWG Granted Waiver of Minimum Listing Price for Proposed Private Placement of Convertible Debentures

Posted by AGORACOM-JC at 10:12 AM on Wednesday, February 17th, 2016

Kwglarge

  • Canadian Securities Exchange (“CSE”) has granted it a waiver of the minimum price requirement for the listing of new treasury shares that may be issued under the terms of a proposed private placement
  • Contemplated private placement terms are for an issue of convertible debentures which may be converted into treasury units of KWG under certain circumstances. KWG has received permission from CSE to fix the conversion price of such units at $0.02 each, where each unit would be comprised of one new common share issued from treasury, plus one warrant.

TORONTO, ONTARIO–(Feb. 17, 2016) – KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) (“KWG”) advises that the Canadian Securities Exchange (“CSE”) has granted it a waiver of the minimum price requirement for the listing of new treasury shares that may be issued under the terms of a proposed private placement. The contemplated private placement terms are for an issue of convertible debentures which may be converted into treasury units of KWG under certain circumstances. KWG has received permission from CSE to fix the conversion price of such units at $0.02 each, where each unit would be comprised of one new common share issued from treasury, plus one warrant. Each warrant may be exercised to acquire one further new common share from treasury upon payment of $0.05 at any time within five years from the issue of the debenture.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

Shares issued and outstanding: 871,418,968

Bruce Hodgman
Vice-President
416-642-3575
[email protected]

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Uragold To Commence Testing Of Process to Convert High Purity Quartz to Solar Grade Silicon Metal

Posted by AGORACOM-JC at 8:10 AM on Wednesday, February 17th, 2016

Uragold_new

  • Updating shareholders on the advancement of its ongoing metallurgical testing program executed by PyroGenesis Canada Inc.
  • Metallurgical testing will be done using PyroGenesis’ PUREVAP(TM) Quartz Vaporization Reactor (QVR), a novel proprietary process that uses a plasma arc within a vacuum furnace for the One Step Production of Silicon Metal (Mg Si), Solar Grade Silicon Metal (Sg Si) and Electronic Grade Silicon Metal (Eg Si) from Quartz

Montreal, Quebec, Canada / February 17 2016 – Uragold (TSX Venture: UBR) would like to update its shareholders on the advancement of its ongoing metallurgical testing program executed by PyroGenesis Canada Inc. (“PyroGenesis”), (http://pyrogenesis.com) (TSX-V: PYR), a clean-tech company that designs, develops, manufactures and commercializes plasma torch products, from whom Uragold has been granted the worldwide exclusive rights for the One Step Production of Solar Grade Silicon Metal from Quartz.

As previously disclosed, the metallurgical testing will be done using PyroGenesis’ PUREVAP(TM) Quartz Vaporization Reactor (QVR), a novel proprietary process (Provisional Patent Filed) that uses a plasma arc within a vacuum furnace for the One Step Production of Silicon Metal (Mg Si), Solar Grade Silicon Metal (Sg Si) and Electronic Grade Silicon Metal (Eg Si) from Quartz.

Following receipt by PyroGenesis of the custom built vacuum furnace, a central component of the PUREVAP(TM) QVR process, Uragold confirms that the project is now entering its final assembly and commissioning phases.

DYNAMIC TESTING PROGRAM TO START IN MARCH 2016

The dynamic testing program, whereby quartz material from Uragold properties is to be processed in PyroGenesis PUREVAP(TM) QVR, will start in March 2016.

The dynamic test protocols call for a first series of metallurgical tests to be completed at different operational settings. The High Purity Silicon Metal produced by the reactor during each of these tests will be sent to an independent laboratory for ICP – MS “Mass Spectrometry” analysis for validation.

PyroGenesis’ PUREVAP(TM) QVR advantage is the rapidity at which tests can be completed. However, ICP-MS analysis for these tests must be highly sensitive and capable of multi-element trace analysis in the parts-per-trillion. The dynamic testing cycle will be subject to the time required to perform the analysis.

Upon reception of results, if needed, the operational parameters of the reactor will be adjusted. The process will be rapidly repeated in order to achieve the correct adjustments required for the transformation of Uragold Quartz into High Purity Si of a minimum of 4N purity (99.99 % Si).

A DISRUPTIVE TECHNOLOGY – MAKING SOLAR GRADE SILICON METAL AT METALLURGICAL GRADE COSTS

PyroGenesis’ PUREVAP(TM) QVR disruptive potential is its one step direct transformation of Quartz into Solar Grade Silicon Metal, thereby potentially allowing Uragold to manufacture Solar Grade Silicon Metal (Sg Si) at the same cost as making Metallurgical Grade Silicon Metal (Mg Si) using traditional processes – and at a fraction of the capital cost.

Under the traditional process, Mg Si at 98.5% purity sells for $USD 2,550 per Metric Ton (Mt)1. However, costs to manufacture it range between $USD 1,750 – 2,250 per Mt due to intensive capital and energy costs2.

Furthermore, under the traditional process, upgrading Mg Si to Solar Grade Silicon Metal is a capital intensive, environmentally unfriendly and a high energy demanding process, with best in class cash cost ranging between $USD 10,000 to 13,000 per Mt3. In addition, the average Capital investment required to build a new 16,000 MT per year plant to make Solar Grade Silicon Metal is between $USD 900M and $USD 1B 4.

Solar Grade Silicon (6N to 8N purity) presently sells for $USD 11,400 per Mt, while Polysilicon (9N Purity) sells for $USD 12,940 per Mt5.

Upon successful completion of our One Step Production Process, Uragold plans to provide the market with both the cash costs and capital cost estimates using PyroGenesis’ PUREVAP(TM) QVR process.

Bernard Tourillon, Chairman and CEO of Uragold stated, “There is no other way to say it: this technology could represent a potential quantum leap forward for the Photovoltaic base solar panel industry becoming a more competitive source of renewable energy. This process, upon successful completion, allows Uragold to be uniquely positioned with a strong competitive advantage versus all others quartz exploration ventures and Solar Grade Silicon Makers.”

$USD 12 BILLION ANNUAL INDUSTRY, GROWTH DRIVEN BY PHOTOVOLTAIC SOLAR DEMAND

The Silicon Metal, Solar Grade Silicon Metal and Electronic Grade Silicon Metal markets combined, was a $USD 12 billion a year industry in 2014. Metallurgical Grade Silicon Metal world consumption topped 2.25Mt in 2014, exceeding $US 6 billion in sales. Propelled by increased demand for photovoltaic (PV) solar panels systems, Metallurgical Grade Silicon Metal consumption is expected to grow by 6%+ per Annum6.

About 10% of 2014 global Metallurgical Grade Silicon Metal produced was further refined into Solar Grade Silicon Metal and Polysilicon, worth another $US 6 billion. GTM Research estimates that Installed PV demand will growth 15 % – 23 % annually, access to Solar Grade Si will be limiting factor in PV Growth, balance supply and demand for Sg Si demand expected for year-end 2016 as Gigawatt (GW) produce by Solar panels increases.7

GLOBAL COMPETITIVE ADVANTAGE FOR URAGOLD

Bernard Tourillon, Chairman and CEO of Uragold further stated, “Our Development and Exclusivity Agreement with PyroGenesis grants Uragold the worldwide exclusive rights (limited to the transformation of quartz covered by the provisional patent) to the usage of PyroGenesis PUREVAP(TM) QVR technology, in return for 10% of sales, with set minimums, as royalty payments. The agreement allows Uragold to go much higher in the High Purity Quartz value chain and become a vertically integrated Silicon Metal, Solar Grade Silicon Metal and a higher value Silicon Metal producer.”

CLARIFICATION

There was a semantic error in our September 30th 2015 Press Release. The Company used the term “Memorandum of Understanding (“MOU”)” to describe the nature of the agreement between Uragold and PyroGenesis, but this was not accurate since, in fact, the Company signed a “Development and Exclusivity Agreement”. All other salient points of the agreement remain the same as described in the Uragold September 30th 2015 Press Release.

About Uragold

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The science behind PyroGenesis PUREVAP(TM) QVR process is solid:

  • ooPlasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • ooPlasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • ooFinally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the 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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

1 http://www.metalprices.com/p/SiliconFreeChart

2 Globe Specialty Metals Investor_Presentation_June_2012

3 Polysilicon 2012-2016: Supply, Demand & Implications for the Global PV Industry GTMResearch.com

4 http://fortune.com/2015/09/16/solar-startup-iceland-factory/

5 http://pvinsights.com/

6 Roskill: Silicon and Ferrosilicon: Global Industry Markets & Outlook report (2014)

7 PV demand and GTM Research October 2015 Plus info from RECSilicon 2015 presentation

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Durango Provides Disclosure Update

Posted by AGORACOM-JC at 2:55 PM on Thursday, February 11th, 2016

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  • Company announces that further to the release on February 9, 2016, the property under review adjoins the Lake Shore Gold Corp. (TSX-LSG) and Goldcorp’s (TSX-G) Whitney project in Ontario.
  • Lake Shore Gold announced a $945M business combination with Tahoe Resources Inc. on February 8, 2016 whereby all the common shares will be acquired by Tahoe Resources Inc.

Vancouver, BC / February 11, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that further to the release on February 9, 2016, the property under review adjoins the Lake Shore Gold Corp. (TSX-LSG) and Goldcorp’s (TSX-G) Whitney project in Ontario. Lake Shore Gold announced a $945M business combination with Tahoe Resources Inc. on February 8, 2016 whereby all the common shares will be acquired by Tahoe Resources Inc.

For disclosure purposes, Durango announces it wholly owns a property adjacent to the south of Metanor Resources (TSX.V-MTO) Moroy discovery in Quebec where Metanor announced today that a 60,000 metre drill program will commence at the end of February.

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.

DURANGO donne une information UPDATE

Vancouver, BC / TNW – Accesswire / Fevrier 11, 2016 – Ressources Durango Inc. (la Societe ou Durango) annonce que suite a la liberation le 9 Fevrier, 2016, la propriete a l’etude jouxte le Lake Shore Gold Corp.(TSX-LSG) et (TSX-G) Whitney projet de Goldcorp en Ontario. Lake Shore Gold a annonce un regroupement d’entreprises 945 M $ avec Tahoe Resources Inc. le 8 Fevrier, 2016 par lequel toutes les actions ordinaires seront acquises par Tahoe Resources Inc.

A des fins d’information, Durango annonce qu’il en propriete exclusive, une propriete adjacente au sud de la decouverte Ressources Metanor (TSX.V – MTO) Moroy au Quebec, ou Metanor a annonce aujourd’hui qu’un programme de forage de 60,000 metres debutera a la fin de Fevrier.
A propos de Ressources Durango Inc.

Durango est une societe de ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. En plus des projets de calcaire Fortune et de l’ile Smith de la Mayner, la Societe detient un interet de 100% dans la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de graphite Buckshot pres de la mine Miller Graphite au 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.

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Durango Reviews Data on NMX East Property, Defines Exploration Targets

Posted by AGORACOM-JC at 9:46 AM on Wednesday, February 10th, 2016

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  • Company provides update on its NMX East property, located adjacent to Nemaska Lithium Inc.’s rapidly advancing project located in the Eeyou Istchee / James Bay area of Quebec
  • Completed an evaluation of historical data available on its NMX East claims and has defined a series of priority targets, which it believes may be prospective for lithium mineralization
  • Intends to launch a limited reconnaissance program in the coming months to test for the potential for lithium-bearing pegmatite occurrences at these new targets

Vancouver, BC / February 10, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to report an update on its NMX East property, located adjacent to Nemaska Lithium Inc.’s rapidly advancing project located in the Eeyou Istchee / James Bay area of Quebec.

The Company has completed an evaluation of historical data available on its NMX East claims and has defined a series of priority targets, which it believes may be prospective for lithium mineralization. These targets are located primarily on its eastern claim block, located 1,200 metres east of Nemaska’s Whabouchi Lithium Deposit. Durango intends to launch a limited reconnaissance program in the coming months to test for the potential for lithium-bearing pegmatite occurrences at these new targets.

Durango’s NMX East property encompasses areas of topographic highs which may correlate with similar areas of high relief associated with nearby pegmatite intrusions, most notably at the Whabouchi Lithium Deposit, 1,200 metres to the west of Durango’s claim, as well as various other historically mapped pegmatite intrusions in the area (SIGEOM, Quebec Geologic Map, 2012 ed). LCT pegmatite intrusions, such as the Whabouchi pegmatite dike swarm, are known to occur in groups consisting of tens to hundreds of individuals and cover areas up to a few tens of square kilometres (USGS open file 2013-1008).

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.

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO commentaires donnees sur NMX est la propriete, definit des cibles d’EXPLORATION

Vancouver, CB / TheNewswire / 10 fevrier 2016 – Durango Resources Inc. (le “Company”ou “Durango”) est heureux d’annoncer une mise a jour sur sa propriete de NMX East, situe a cote de projet essor rapide de Nemaska Lithium Inc., situe dans l’Eeyou Istchee / region de la baie James du Quebec.

La societe a termine l’evaluation de donnees historiques disponibles sur ses demandes de NMX East et a defini une serie de cibles prioritaires, dont il croit peut etre prospective pour la mineralisation de lithium. Ces cibles sont situees principalement sur son bloc de reclamation orientale, situe a 1 200 metres a l’est du gisement de Lithium Whabouchi de Nemaska. Durango a l’intention de lancer un programme de reconnaissance limitee dans les prochains mois pour tester le potentiel d’occurrences de pegmatite lithium-palier a ces nouveaux objectifs.

NMX est propriete de Durango englobe les zones des hauts topographiques qui peuvent etre correles avec des domaines similaires de haut-relief associee est proche des intrusions de pegmatite, plus particulierement au gisement de Lithium Whabouchi, 1 200 metres a l’ouest de la reclamation de Durango, ainsi que divers autres mappe historiquement des intrusions de pegmatite dans le domaine (SIGEOM, Quebec carte geologique, ed 2012). Les intrusions de pegmatite LCT, tels que le Whabouchi pegmatite essaim de dykes, sont connus pour se produire dans des groupes composes de dizaines a des centaines de personnes et couvrent des domaines jusqu’a quelques dizaines de km2 (USGS ouvrir fichier 2013-1008).

Le contenu technique de cette version ont ete approuve par M. Case Lewis, geo., un technicien qualifie tel que defini par la norme canadienne 43-101. La propriete n’a pas fait l’objet d’un rapport de la norme canadienne 43-101.

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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 Reviews Property Near Lake Shore Gold

Posted by AGORACOM-JC at 2:17 PM on Tuesday, February 9th, 2016

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  • Company reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
  • LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”

Vancouver, BC / February 9, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces it is reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario.

LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.” “The new drill results from these areas demonstrate the potential to expand the current near surface resource to the west, to the north and to depth…”

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO commentaires propriete pres de LAKE SHORE GOLD

Vancouver, BC / TheNewswire / 9 fevrier 2016 – Durango Resources Inc. (le “Company” ou “Durango”) annonce il examine l’acquisition potentielle du sol pres de Lake Shore Gold (TSX-LSG) et Whitney Goldcorp (TSX-G) projet aurifere en Ontario.

LSG a annonce le 4 fevrier 2016, “or Lakeshore fore 12 metres de 29.42 g/t a Whitney” et “volcaniques du Nord se compose de la mineralisation aurifere et veines de quartz dans les roches volcaniques alterees situee a environ 430 metres a l’ouest de la zone 110 et au nord de structures deja minees. Les nouveaux resultats de forage dans ces zones demontrent le potentiel d’elargir le courant pres de ressource de surface vers l’Ouest, au nord et a profondeur…”

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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 Receives Unsolicited JV Proposal

Posted by AGORACOM-JC at 2:19 PM on Friday, January 29th, 2016

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  • Announced that it has received an unsolicited joint venture proposal for NMX East claims which are adjacent to Nemaska Lithium Inc. (TSX.V-NMX) Whabouchi Lithium Property
  • Nemaska Lithium announced on January 8, 2016 that it was added to the S&P/TSX.V Select Indices, and announced September 4, 2015 that it “Receives general certificate of authorization for Whabouchi Lithium Mine in Quebec”.

Vancouver, BC / January 29, 2016 – Durango Resources Inc. (the “Company” or “Durango“) announces that it has received an unsolicited joint venture proposal for Durango’s NMX East claims which are adjacent to Nemaska Lithium Inc. (TSX.V-NMX) Whabouchi Lithium Property. Nemaska Lithium announced on January 8, 2016 that it was added to the S&P/TSX.V Select Indices, and announced September 4, 2015 that it “Receives general certificate of authorization for Whabouchi Lithium Mine in Quebec”.

The NMX East Property is adjacent to Nemaska Lithium’s proposed open-pit lithium mine and consists of approximately 1,200 hectares of claims bordering the east, northeast, west and northwest.

Durango will provide further updates if and when a joint venture agreement is reached on the NMX East property.

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.

DURANGO RECOIT SOLLICITEES JV PROPOSITION
Vancouver, Colombie-Britannique / TNW-Accesswire / Janvier 29, 2016 – Ressources Durango Inc. (la “Societe” ou “Durango”) annonce qu’elle a recu une proposition de coentreprise non sollicitee visant les revendications NMX Est de Durango qui sont adjacentes a Nemaska Lithium Inc. (TSX.V-NMX) Lithium propriete Whabouchi. Nemaska Lithium a annonce le 8 Janvier, 2016, qu’il a ete ajoute a l’indice S & P / TSX-V Selectionnez indices et annoncee le 4 Septembre, 2015, qui elle “recoit certificat general d’autorisation pour Whabouchi mine de lithium au Quebec”.

La NMX-Orient propriete est adjacente a Nemaska Lithium propose mine a ciel ouvert de lithium et se compose d’environ 1,200 hectares de revendications qui bordent l’est, au nord, a l’ouest et au nord-ouest.
Durango fournira de plus amples mises a jour si et quand un accord de joint-venture est atteint sur la propriete NMX-Orient.
A propos de Ressources Durango Inc.

Durango est une societe de ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. En plus des projets de calcaire Fortune et de l’ile Smith de la Mayner, la Societe detient un interet de 100% dans la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de graphite Buckshot pres de la mine Miller Graphite au 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.

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