Durango Identifies Fifteen High Priority Drill Targets at Trove Property, Windfall
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DURANGO IDENTIFIES FIFTEEN HIGH PRIORITY DRILL TARGETS AT TROVE PROPERTY, WINDFALL
Vancouver, BC / TheNewswire / April 4, 2019 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt -86A1) (OTC QB -
ATOXF), (the “Company” or “Durango”) is pleased to announce very positive results from its Induced Polarization (“IP”)
survey conducted in four target areas of its wholly owned Trove Windfall-Barry project situated within the Urban-Barry
greenstone belt of the Abitibi.
Durango’s Trove Property is interpreted to be underlain by the same Northeast-Southwest structural-geological trend as
Osisko Mining Inc.’s (TSX – OSK) Windfall Lake gold deposit. Two of the main regional gold bearing faults (Rouleau and
Barry faults) both underlie and intersect on Durango’s Trove Property. These faults also underlie both the Windfall Lake
and the Gladiator gold deposits. Faults are known to be a significant control for gold deposits in the area.
Durango announced on February 19, 2019 its plans to conduct an IP survey over four main geological and geochemical
anomalies on its Trove block of claims, where anomalous levels of gold in tills and/or humus have been found nearby the
regional faults described above. The Company is pleased to report the IP survey has been very successful identifying 15
high priority targets based on preliminary interpretation of the IP survey data. Previous work by Bonterra had identified
only four high priority targets.
Figure 1. Trove Target and location of IP grids based on geochemical (till/humus) and geophysics (MAG) anomalies.
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PRELIMINARY RESULTS:
GRID 1 – Four high priority drilling targets are proposed to verify the sources of four chargeable axes. One of them, G1-3
has the strongest chargeability values and is also conductive, and well correlated to the strong magnetic anomaly
interpreted to relate to the main fault shared with Osisko Mining Inc. (TSX – OSK).
GRID 2 – Three high priority drill targets have been identified on two chargeable axes where sulphides are possible
causes for these anomalies. The G2 -14 anomaly lines -up nicely with some magnetic anomalies where the main
mineralizing fault is interprete d. The G2-17 anomaly, found at the northern end of the lines, is slightly stronger and is
conductive/magnetic.
GRID 3 – Grid 3 identified 2 low priority targets which will be investigated further during a summer exploration program.
GRID 4 – Eight high priority targets for drilling are identified on th is grid (burgundy dashed rectangles) . Several
chargeability anomalies were identified dispersed throughout the area and are variable in strike. Chargeable lineaments
G4-1, G4-2, G4-4, G4-5, G-21, G4-22, G4-24 and G4-27 are particularly strong.
Figure 2. Grid 4 preliminary IP results and road access.
Marcy Kiesman, CEO of Durango stated, “ We are greatly encouraged by the impressive results of the IP survey on the
Trove Property. The purpose of the IP survey was to better delineate the known drill targets and to identify additional
drill targets. Dynamic Geoscience has identified fifteen (15) high priority drill targets for Durango to focus its drilling and
exploration on this spring. Our technical te am and management are presently working on designing and preparing a
drill program to test these compelling targets.”
The technical contents of this release were approved by George Yordanov P.Geo., independent Qualified Person s as
defined by National Inst rument 43 -101. The proper ty has not yet been the subject of a National Instrument 43 -101
report.
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About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The
Company is positioned for discov ery with a 100% interest in a strategically located 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: 604.428.2900 or 604.339.2243
Email: [email protected]
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward -looking information based on current expectations and the impact
on the Company of these events. Forward -looking information is subject to significant risks and uncertainties,
including market conditions, as ac tual 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 deta iled list of risks and unce rtainties relating to Durango, please refer to its
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.