Durango Discovers Northeast Shear Zone Near Drill Target at Windfall Lake
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DURANGO DISCOVERS NORTHEAST SHEAR ZONE NEAR DRILL TARGET AT WINDFALL LAKE
Vancouver, BC / TheNewswire / September 17, 2020 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1)
(OTCQB -ATOXF), (the “ Company” or “ Durango”) is pleased to report th at further to its news release dated
September 11, 2020, the exploration team has discovered a northeast shear zone with a set of stacked quartz
veins at surface within a brecciated zone on the Trove Property at Windfall Lake, Québec.
Durango now has multiple prospective areas , in addition to the previous drill targets defined by I nduced
Polarization (IP), soil sampling and airborne magnetic surveys. The Trove Property is located along the structural
trend hosting Osisko Mining Inc.’s (TSX -OSK) Windfall Lake Deposit and the new surface data helps to better
define the location of the structure on the Trove Property. Approximetly two hundred metres (200m) of newly
stripped outcrops perpedicular to the structure are slated for sampling and assay.
The newly discovered shear zone is two metres (2m) wide and running subparallel to the regional fault. Figure 1 below
shows the brecciated metasediment and the associated quartz veins . T he structural measurements will help to
precisely orient the upcoming drill holes. The shear zone is 75 metres away from one of Durango’s high priority drill
pads on the Trove Property. The Company is in the final stages of targeting prior to commencing drilling on September
25, 2020.
Figure 1 – Brecciated metasediment with quartz veins and shear
The Company hired Orquest Drilling Inc. (“ Orquest”) to undergo its fall drill program at Windfall Lake. The
program is planned for a minimum of 2,220 metres and up to 5,000 metres with 27 permitted holes. Orquest will
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be using a clean-tech modular drilling system by DrillCo, which is the most environmentally friendly dri ll on the
market. The DrillCo platform offers : 30% savings in fuel and electrical power ; 75% reduction in the number of
hoses and connections to reduce possibilities of leakage and spills ; reduced hydraulic hoses to landfill ; an air
cooled system for reduced water consumption; and no discarded filters due to magnetic filtration systems.
Marcy Kiesman, CEO of Durango, stated, “Durango is proud to be using a new advanced drill system which offers
financial savings, operational advantages and environmental responsibility. The ground work at Windfall Lake is
ongoing and our exploration team has been continuously discovering important geological indicators pointing to
the significance of the upcoming maiden drill program. We congratulate the geological team on their discovery of
sizable shear zone, with multiple instances of quartz veining at surface . Durango is fully financed and looks
forward to continue drilling into the winter, if warranted.”
The technical contents of this press release were approved by George Yordanov, professional geologist, an
Independent Qualified Person as defined by National Instrument 43 -101. The Trove Property has not yet been
subject to an NI-43-101 report.
Figure 2 - Northwest oxidated blue quartz vein in contact with metasediment
Trove, Québec
Durango owns 100% interest in
the Trove claims , which are
surrounded by Osisko Mining
Inc. (TSX: OSK) , in the Windfall
Lake area between Val d’Or and
Chibougamau, Québec. The
1,185 hectare property is
compelling due to the
coincidence of gold found in tills
coinciding with magnetic highs,
several Induced Polarization
anomalies and t wo faults
crosscutting the property. The
fault systems north and south of
the Trove , control gold
mineralization elsewhere,
indicating the Trove has
excellent exploration potential.
Durango received all the final
drill permits for the Trove
property and is ready to
undertake its inaugural drill
program.
About Durango
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 locate d group of properties in the
Windfall Lake gold camp 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: 604.339.2243
Email: [email protected]
Website: www.durangoresourcesinc.com
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Forward-Looking Statements
This news release contains “forward‐looking information or statements” within the meaning of applicable
securities laws, which may include, without limitation, statements that address the upcoming work programs, and
other statements relating to the business, financial and technical prospects of the Company. All statements in this
news release, other than statements of historical facts, that address events or developments that the Company
expects to occur, are forward -looking statements. Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from those in the forward-looking statements.
Such statements and information are based on numerous assumptions regarding present and future business
strategies and the environment in which the Company will operate in the future, including the price of minerals,
the ability to achieve its goals, that g eneral business and economic conditions will not change in a material
adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward -
looking information reflects the Company’s views with respect to future events a nd is subject to risks,
uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com.
Factors that could cause actual results to differ materially from those in forward looking statements include, but
are not limited to, continued availability of capital and financing and general econom ic, market or business
conditions. The Company does not undertake to update forward‐looking statements or forward‐looking
information, except as required by law.
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