(TheNewswire)
Vancouver, BC - TheNewswire -June 2, 2022 – Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1)(OTC:ATOXF), (the “ Company ” or“ Durango ”) announces that further to the news of May 26, 2022, theCompany has hired Forage Vortex Drilling based in Val d’or, Québecfor its exploration drilling program on its wholly owned DiscoveryProperty (the “ Property ”) in Québec.
The Discovery Property is in the prolific Abitibigreenstone belt near Chibougamau, Québec and is located on strike to the southwest of the past-producingTroilus gold mine and neighbours Troilus Gold Corp. (TSX-TLG). TheProperty is over 6,500ha in size and covers an important geologicalnortheast to southwest regional structure and boasts greataccessibility year-round via the Route du Nord.
Durango has planned a 1,500m exploration drill campaignin the area where recent rock, channel and backpack drill sampling atsurface have returned the following gold anomalies:
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46.64 g/t Au in chosen rock sample as per October 7,2021, news release;
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9.25 g/t Au over 1m in channel sampling as per January17, 2022, news release; and
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1 g/t Au over 2m in backpack drilling as per April 20,2022, news release.
Marcy Kiesman, CEO of Durango stated, “We are excitedto drill test the Discovery Property at depth to determine the extentof the gold mineralization. The results at surface have been veryinteresting therefore we look forward to working with Forage VortexDrilling to determine if it continues below surface.”
Additional updates will be announced on the DiscoveryProperty and the program as they become available.
Melanie Mackay P.Geo, is the qualified person forDurango Resources Inc. and approves the technical content in this newsrelease.
About Durango
Durango is a natural resources company engaged in theacquisition and exploration of mineral properties. The Company ispositioned for discovery with a 100% interest in a strategicallylocated group of properties in the Troilus gold camp and in theWindfall Lake gold camp in the Abitibi region of Québec ,Canada.
For further information on Durango, please refer to itsSEDAR profile at www.sedar.com .
Marcy Kiesman, CEO
Telephone: 604.428.2900 or 604.339.2243
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This news release contains “forward?lookinginformation or statements” within the meaning of applicablesecurities laws, which may include, without limitation, statementsthat address the upcoming work programs, and other statements relatingto the business, financial and technical prospects of the Company. Allstatements in this news release, other than statements of historicalfacts, that address events or developments that the Company expects tooccur, are forward-looking statements. Although the Company believesthe expectations expressed in such forward-looking statements arebased on reasonable assumptions, such statements are not guarantees offuture performance and actual results may differ materially from thosein the forward-looking statements.
Such statements and information are based on numerousassumptions regarding present and future business strategies and theenvironment in which the Company will operate in the future, includingthe price of minerals, the ability to achieve its goals, the COVID-19pandemic, that general business and economic conditions will not change in a material adverse manner, thatfinancing will be available if and when needed and on reasonableterms. Such forward-looking information reflects the Company’s viewswith respect to future events and is subject to risks, uncertaintiesand assumptions, including those filed under the Company’s profileon SEDAR at www.sedar.com . Factors that couldcause actual results to differ materially from those in forwardlooking statements include, but are not limited to, continuedavailability of capital and financing and general economic, market orbusiness conditions. The Company does not undertake to updateforward?looking statements or forward?looking information, exceptas required by law.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
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