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Durango Provides Update ON Quebec Properties

Corporate Updates

DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB 113437972

DURANGO PROVIDES UPDATE ON QUEBEC PROPERTIES

Vancouver, BC / TheNewswire / August 30, 2023 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB

-ATOXF), (the “Company” or “Durango”) provides an exploration update on its wholly owned Québec properties.

Due to the exceptional forest fires occurring in the Eeyou -Istchee James Bay region of northern Québec this

summer it has been challenging to carry out mineral exploration work on Durango ’s Québec properties. Québec

Ministry of Natural Resources and Forests (Ministère des Ressources naturelles et des Forêts ), announced

prohibitions regarding forest access on crown land and closed roads for public sa fety several times this summer

which led Durango to pause its planned work program s. Durango is currently in the process of scheduling its

mapping and drill programs for the fall of 2023 when site access is attainable.

The Ministère des Ressources naturelles et des Forêts announced an extended claim validity period for an

additional 12 months on existing mineral claims effective August 14, 2023, due to the ongoing forest fires and road

closures. Additional updates will be announced as soon as they become available on the upcoming exploration

programs.

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 located group of properties in the

Windfall Lake and Troilus gold camps 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 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 t o achieve its goals, the COVID-19 pandemic, that general 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 and 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 economic, market or business

conditions. The Company does not undertake to update forward -looking statements or forward -looking

information, except as required by law.

PO Box 31880

Richmond, BC, V7E 0B5, Canada

tel: 604.428.2900

[email protected]

www.durangoresourcesinc.com

DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB 113437972

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.