Durango Reviews BC Copper Properties
Vancouver, BC / TheNewswire / May 10, 2023 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB -ATOXF), (the “Company” or “Durango”) congratulates American Eagle Gold Corp. (TSXV-AE) for the recent announcement of C$2.96M investment with Teck Resources Limited to fund their NAK copper-gold porphyry property located near Smithers, BC.
In 2022, American Eagle announced a 125-meter discovery from surface of 1.02% copper equivalent on its NAK property maiden drill hole. In 2022, on November 8 and 22 Durango announced that it had purchased property adjacent to American Eagle and staked additional prospective properties in the region.
One of the newly staked properties is east of the NAK discovery and covers a BC Mineral Title Online occurrence which reports a few veins of chalcopyrite 5-7.6 cm in width with selected portions of the chalcopyrite assaying 5.49 g/t silver and 10.6% copper with trace gold (Minister of Mines Annual Report 1930, pg. 149). *
Durango holds 3,500 hectares in the Babine area and is continuing to review all the historical reports in conjunction with the reported geology from others working in the area. The area has many forestry roads and is located near past producing mines such as Bell and Granisle, so infrastructure is readily available.
Marcy Kiesman of Durango stated, “While researching the area through historical reports our team has determined that there are reported copper occurrences over a large area in the region which generates great upside potential for Durango. Our geological team is planning its initial visit to the property to try to locate the historical occurrences on our claims.”
*The historical reports have not been verified by the Company and therefore should not be relied upon. The technical contents of this press release were approved by Melanie Mackay, P.Geo., 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 and Troilus gold camps in the Abitibi region of Québec, Canada.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, CEO
Telephone: 604.428.2900 or 604.339.2243
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