- Durango Resources Inc. (DGO) has intersected gold in a grab sample on its wholly-owned Discovery Property in the highly-prospective James Bay Territory of Québec
- A 4.3 kilogram rock sample sent for gold assay returned 13.5 g/t Au from gravimetric gold analysis
- The grab sample was taken by chip, channel, saw, and described as “a quartz vein cross-cutting the basalt (host rock)”
- In July, Durango announced the completion of a 1,737 metre exploration drill campaign in an area with known gold anomalies on its Discovery Property
- Durango Resources Inc. (DGO) is down 15.39 per cent trading at C$0.055 per share as of 12:45 p.m. EDT
Durango Resources (DGO) has intersected gold in a grab sample while setting up the drill on its wholly-owned Discovery Property in Québec.
The grab sample was taken by chip, channel, saw, and is described as a quartz vein cross-cutting the basalt (host rock).
A 4.3 kilogram rock sample sent for gold assay returned 13.5 g/t Au from gravimetric gold analysis.
Marcy Kiesman, CEO of Durango, stated,
“Durango is still processing the recently completed drill core. Our geologist on site had taken a sample of an outcrop near the drill target area and we had sent it in for a rush assay to try to help determine which rocks are carrying gold. We are pleasantly surprised to continue to discover additional outcrops carrying gold in what appears to be the quartz veining. While waiting for drill core processing and assays Durango plans to send a small crew back to site to continue with mapping and sampling at surface.”
The Discovery Property is in the highly-prospective James Bay Territory, 100 kilometres north of Chibougamau, Québec in the Frotet-Evans greenstone belt.
On July 6, 2022, Durango announced the completion of a 1,737 metre exploration drill campaign in an area with known gold anomalies on the Discovery Property.
Six holes have been completed ranging from depths of 150 to 402 metres and the drill core is still undergoing logging, cutting, and preparation for assaying.
Durango Resources Inc. (DGO) is down 15.39 per cent trading at C$0.055 per share as of 12:45 p.m. EDT.