Durango Grabs Over 40g/t Gold at Discovery Site Visit
Vancouver, BC / TheNewswire / Oct 7, 2021 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB -ATOXF), (the “Company” or “Durango”) announces that a recent site visit was completed on the wholly owned Discovery Property in Québec to ensure road access to an area of interest.
While at the site, two rock samples were selected from two separate channels, in attempt to confirm/duplicate previous gold results in the area (each channel returned 6.2 g/t Au and 7.6 g/t Au in a 2014 exploration campaign). The samples were collected 36 meters apart and were sent in for gold assay. Both samples returned anomalous gold values as seen below:
|No.||Sample ID||Sample mass in kg||FA-GRV Au g/t|
Marcy Kiesman, CEO of Durango stated, “The Discovery Property samples were taken from an area which previously returned gold assays at surface in quartz veining hosted in basalt. After researching the Kenorland Minerals Limited (TSX.V-KLD) Frotet grassroots discovery of 8.47g/t Au over 29m in 2020, our exploration crew completed a follow up visit in an area with geological similarities. The recent assays of over 40 g/t gold at surface has prompted Durango to initiate a crew to strip the area and conduct further channeling while weather permits.”
The Discovery Property is located on strike to the southwest of the past producing Troilus Gold mine and neighbours Troilus Gold Corp. (“Troilus”) (TSX-TLG). The Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure. The Property has great road access from the Route du Nord.
Note: the reader is cautioned that grab rock samples are selective by nature and may not represent the true grade or style of mineralization across the Property.
The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101.
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Québec, Canada.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
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Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of minerals, the ability to achieve its goals, the COVID-19 pandemic, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.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.