Vancouver, BC / TheNewswire / November 21, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it will be attending the Québec Mines conference in Québec City beginning November 21, 2016 and meeting with drilling companies as it plans work at its 100%-owned NMX East lithium prospect located in northern Québec.
As outlined in Durango’s news release dated September 21, 2016, lithium anomalies were discovered in three distinct lithium-bearing pegmatite intrusions during Durango’s inaugural exploration program on its NMX East property, adjacent to the Nemaska Lithium (T.NMX) Whabouchi property. Nemaska Lithium announced on September 6, 2016 and October 13, 2016 that drilling had extended the Whabouchi deposit to the east. Durango’s land position is strategically located along the eastern boundary of the Whabouchi property.
The Company intends to begin stripping and/or drilling of the pegmatite targets in the new year to determine the full extent of the intrusive bodies. Durango announced on October 31, 2016 that is accepting bids to drill these targets and will be meeting with contractors at the Québec Mines convention in Québec City.
Marcy Kiesman, CEO of Durango, comments, “Durango’s significant new discovery of pegmatites near the Whabouchi deposit has created great potential for the Company. The next step will be to trench and drill the lithium-bearing pegmatite targets to determine the extent to which the mineralization at NMX East reaches at depth.”
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 Découverte and Trove gold properties in the Abitibi Region of Québec, and certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Québec, 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.
The technical contents of this news release were approved by Mr. Case Lewis, P.Geo., a consultant to the Company and a qualified person as defined by National Instrument 43-101. The NMX East Property has not been the subject of an NI 43-101 report.
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
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.