Vancouver, BC / TheNewswire / April 5, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the “Company” or “Durango”) announces that management has initiated discussions with the Canadian Food Inspection Agency (CFIA) in relation to using its limestone for fertilizer use.
Fertilizer and supplement products are regulated under the authority of the Fertilizers Act, which is administered by the CFIA.
Limestone is extremely beneficial for the agricultural industry, as the chemical properties of agricultural lime can significantly boost the profit yield of farms and increase efficiencies of the fertilizers of up to 50% increasing crop yields and profitability.
The limestone is activated when it meets with water and dissolves into the soil, which lowers the acidity and raises the pH, which is essential for crop yields. The lime also adds desirable nutrients to the soils such as calcium, magnesium and phosphorus, which can improve soil structure, increase rates of air and water infiltration, improve plant cell wall formation, and help to regulate the nutrient uptake through the roots of the plant. Hydroponic systems are more prone to incur a calcium deficiency and require the use of limestone, therefore Durango is investigating the synergy of agricultural limestone for such soil conditioning mediums.
Further details on the suitability of Durango’s limestone for use as a fertilizer will be provided as they become available.
About Mayner’s Fortune
The Mayner’s Fortune property is located 7.5 kilometres southwest of Terrace, B.C., along the CN rail route between Terrace and Kitimat and hosts six historically mapped subparallel limestone units. Durango completed two exploration visits on the Mayner’s Fortune project in the late fall of 2016, which included sampling to test limestone quality and mapping substantiate historic reports. Assays results as announced on February 8, 2017 and December 14, 2016 achieved very high calcium carbonate levels.
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 Decouverté 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 Québec, 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 obtaining certifications, producing limestone, commencement and completion of future exploration 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.