Vancouver, BC / TheNewswire / July 31, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it has acquired a 100% interest in a gold prospect of over 2,000 hectares located in the Golden Triangle of British Columbia through BC Mineral Titles online staking.
The acquisition is adjacent to GT Gold (TSX.V-GTT) who announced a new high-grade gold discovery on July 25, 2017 and stated, the gold-bearing system has been intercepted in 20 reverse circulation drill holes and in all 10 diamond drill holes completed to date (sampling under way, assays pending). The Durango property borders GT Gold’s Tatogga Property and Colorado Resources Ltd. (TSX.V-CXO).
Marcy Kiesman, CEO of Durango, stated, “Durango is positioned for discovery with the prospective ground adjacent to GT Gold who recently announced a new high gold grade discovery in northern BC. The Tatoogga property is said to be open laterally and at depth and GT Gold has an esteemed deposit finder as a member of their board of directors. This compelling combination urged Durango management to participate in this new exciting BC gold discovery.
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
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the staking, development and exploration of its properties 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.