- Durango has permits for 15 exploration drill holes on the Discovery Property which are scheduled to expire on March 31, 2022
- Durango owns 100% interest in the Discovery claims
- Durango’s exploration team plans to visit the Discovery Property in May to confirm access
- Durango is anticipating an exciting year of exploration and discovery on its projects
- Durango is a natural resources company engaged in the acquisition and exploration of mineral properties
- Durango Resources is unchanged, trading at C$.07 per share at 12 pm ET
Durango Resources Inc. (DGO) has received acceptance for the permit applications recently announced on its wholly-owned Discovery Property.
Durango’s Discovery (Découverte) Property is located on strike to the southwest of the past producing Troilus Gold mine owned by Troilus Gold Corp. and neighbours UrbanGold Minerals Inc. (TSXV-UGM).
The Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure. The Property has great road access from the Route du Nord and is easily accessible.
Durango has permits for 15 exploration drill holes on the Discovery Property which are scheduled to expire on March 31, 2022.
Durango’s exploration team plans to visit the Discovery Property in May to confirm access after it completes its current exploration program at Windfall Lake.
Durango CEO, Marcy Kiesman, stated,
“Durango is fortunate to have multiple strategically owned properties to plan work on while it awaits the lab results of the Windfall Lake drill program. The exploration team is anxious to follow up on 7.6 and 6.2 g/t gold surface samples previously obtained on the Discovery property. Durango looks forward to an exciting year of exploration and discovery on its projects.”
Discovery (Découverte), Québec
Durango owns 100% interest in the Discovery claims, which are adjacent to Osisko Mining Inc. (TSX-OSK) and are 60km away from Troilus Gold Inc.’s past-producing mine. The claims are located 100km away from Chibougamau, Québec in the Frotet Evans greenstone belt with year-round road access from the Route Nord. The 6,700-hectare property is compelling due to the structurally important south-dipping synclinal fold nose deformed by a northwest fault zone and northeast structures.
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties.
Durango Resources is unchanged, trading at C$.07 per share at 12 pm ET.