Durango Prepares FOR Exploration at Discovery Property
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
DURANGO PREPARES FOR EXPLORATION AT DISCOVERY PROPERTY
Vancouver, BC / TheNewswire / May 20, 2021 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB
-ATOXF), (the “Company” or “Durango”) reports that further to its news release dated May 6, 2021, Durango has
deployed a field crew to prepare for an exploration program on its wholly owned Discovery property.
Durango’s Discovery (Découverte) property is located on strike to the southwest of the past producing Troilus
Gold-Copper mine owned by Troilus Gold C orp. (“Troilus”) (TSX-TLG). Troilus announced on May 18, 202 1 that it
has completed its acquisition of all the outstanding shares of UrbanGold Minerals Inc. (TSXV-UGM) increasing its
land position in the area to over 142,000 hectares.
Durango’s 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 access ible. Durango has recently obtained
permits for 15 exploration drill holes on the Discovery property which are scheduled to expire on March 31, 2022.
Durango CEO, Marcy Kiesman, stated, “Durango is planning to follow up on previous 6.2 and 7.6 g /t gold surface
grab samples on its Discovery property and has deployed a crew to prepare for an exploration program. Durango
looks forward to a n exciting year of exploration and discovery on its pro jects, as well as receiving the assay
results from the Windfall Lake drill program, which rem ains delayed due to the impacts of the COVID -19
pandemic.”
Before Acquisition Map
#248 - 515 West Pender Street
Vancouver, BC, V6B 6H5, Canada
tel: 604.428.2900
www.durangoresourcesinc.com
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
After Acquisition Map
The technical contents o f this press release were approved by George Yordanov, profession al geologist, an
Independent Qualified Person as defined by National Instrument 43 -101. The Discovery Property has not ye t
been subject to an NI-43-101 report.
Discovery (Découverte), Québec
Durango owns 100% interest in the Discovery claims, which are adjacent 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 compelli ng due to the structurally impo rtant south dipping s ynclinal fold nose deformed by a
northwest fault zone and northeast structures.
About Durango
Durango is a natur al resources company engaged i n the acqui sition and explor ation of mineral properties. The
Company is positioned for discovery with a 100% interest in a strategically located group of pr operties 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
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
Forward-Looking Statements
This news release contains “forward‐ looking in formation or statements” wit hin the meaning of applicable
securities laws, which may includ e, without limitation, statements that addres s the upcoming work programs,
and other statements relating to the busines s, financial and technical prospects of the Company. All statements
in thi s news release, other than statem ents of historical facts, that address ev ents or developments that the
Company expects to occur, are forward -looking statements. Although the Company believes the expectations
expressed in such f orward-looking statements ar e based on reasonable assumptions , such statements are not
guarantees of f uture performance and actual results may differ materially from those in the forward -looking
statements.
Such statements and information are b ased on nu merous as sumptions regarding present and future business
strategies and the environment in which the C ompany will operate in the future, including the price of minerals,
the ability to achieve its goals, the COVID-19 pandemic, that general busine ss 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 res pect to future events and is
subject to risks, uncertainties and assumptio ns, including those filed under t he Company’s profile on SEDAR
at www.sedar.com. Factors that could cause actu al results to differ materially from thos e in forward looking
statements include, but are not limited to, continued availability of capital and finan cing and general economic,
market or business conditions. The Company does not undertake to update forward‐looking statements or
forward‐looking information, except as required by law.
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.