Durango Receives Drill Permits FOR Nmx East Property
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DURANGO RECEIVES DRILL PERMITS FOR NMX EAST PROPERTY
Vancouver, BC / TheNewswire / June 4, 2021 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB -
ATOXF), (the “Company” or “Durango”) reports that further to the news of May 25, 2021 , Durango has received
the drill permits for its wholly-owned NMX East Property located near Nemaska, Québec.
The NMX East property borders the eastern perimeter of Nemaska Lithium’s Whabouchi deposit which is one of
the richest spodumene deposits in the world based on its volume and grade. Nemaska Lithium reports over 36M
tonnes of s podumene is expected to be produced at the W habouchi deposit over a period of 33 years
(www.nemaskalithiu
m.com). Spodumene
is used to produce
lithium sa lts which
are used for the
lithium-ion bat tery
market and have
become increasingly
popular in rec ent
years due to growing
demand for electri c
vehicles.
To date, Durango has
ascertained that
lithium, cesium, and
tantalum (“LCT”) are
present at surface in
pegmatite outcrops
on its NMX East
Property with
potential for more to
exist below su rface.
Durango has now
received the drill
permits for two
exploration h oles on the property to test drill the pegmatite out crops at depth to determine the potential
scalability of the project. The NMX East has great road access from the Route du Nord and is easily access ible.
Durango is planning to follow up on previous LCT pegmatite sampling obtained at surface from grab samples on
its NMX East property and plans to deploy a crew during the summer. The drill permits are valid until March 31,
2022.
The technical contents o f this press release were appr oved by George Yordanov, profession al geologist, an
Independent Qualified Person as defined by National Instrument 43 -101. T he NMX East Property has not ye t
been subject to an NI-43-101 report.
About Durango
Durango is a natur al resources company engaged in 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
#248 - 515 West Pender Street
Vancouver, BC, V6B 6H5, Canada
tel: 604.428.2900
www.durangoresourcesinc.com
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
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 news release contains “forward‐ looking in formation or statements” wit hin the meaning of applicable
securities laws, which may inclu de, 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, tha t 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 Company will operate in the future, including the price of minerals,
the ability to achieve its goals, the CO VID-19 pandemic, the obtaining of permits, that general busine ss and
economic conditions will not ch ange 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 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 availab ility 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.