Durango Resources Inc.: Receives Offers On Windfall Gold Camp Property
Vancouver, February 24, 2017 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces for disclosure purposes that it has received two offers this week on its Trove Property located in the Windfall Lake (Urban Barry) district of northern Quebec. Durango's 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) in the Windfall-Urban gold camp where Osisko is drilling a 400,000 metre program. The Trove also adjoins Beaufield Resources (TSX.V-BFD) which holds multiple projects in the area and currently have drill programs underway.
Marcy Kiesman, CEO of Durango stated "Durango has held the Trove Project for years, and was initially interested in the area due to the favourable geology and the possibility of the regional gold discoveries being pervasive throughout the region. The Trove claims are strategically positioned along the faults and the recent interest of third parties confirms their increasing value. The Trove Property remains poised for discovery as the Windfall area has raised over $70 million this month for three companies in the area. The Board of Directors is reviewing the offers and will provide further details as they become available."
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About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner's Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Facsimile: 888.266.3983
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the completion of a transaction involving the Trove Property with any third party and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.com.
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.
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