Durango Receives Conditional Approval FOR Private Placement

DURANGO RESOURCES INC.

Suite 248 – 515 W. Pender Street

Vancouver, BC V6B 6H5

TSX-V Trading Symbol: DGO

Frankfurt: 86A1 / OTC Grey: ATOXF

DURANGO RECEIVES CONDITIONAL APPROVAL FOR PRIVATE PLACEMENT

Vancouver, BC / TheNewswire / June 6, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-

86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it has received conditional

approval from the TSX Venture Exchange ( “TSX-V”) to complete a private placement (the

“Financing”) of up to 5,000,000 units (“Units”) of the Company at a price of $0.06 per Unit for

aggregate gross proce eds of up to $300,000 which will be used in part to develop its wholly

owned limestone project near Terrace, B.C. and for general working capital.

Each Unit will consist of one common share of the Company and one share purchase warrant

(“Warrant”). Each Warrant will entitle the holder to purchase on additional common share at an

exercise price of $0.10 for 24 months from the closing date of the private placement. All securities

purchased under the Financing will be subject to a hold period of four months and one day from

the closing date. The Financing may close in one or more tranches.

Certain directors and officers of Durango may participate in the Financing. All of the foregoing is

subject to final approval of the TSX-V.

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 Qué bec, and the NMX East lithium property near the Whabouchi mine and the

Buckshot graphite property near the Miller Mine in Québec, the Whitney Northwest property

near the Lake Shore Gold and Goldcorp joint venture in Ontario.

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: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward -looking information based on current

expectations, including, b ut not limited to the exploration of its properties, completion of the

Financing 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.