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Durango to Conduct Additional Assays ON Samples

Corporate Updates

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

DURANGO TO CONDUCT ADDITIONAL ASSAYS ON SAMPLES

Vancouver, BC / TheNewswire / August 3, 2021 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB

-ATOXF), (the “ Company” or “ Durango”) announces that further to the news release of March 11, 2021, the

Company has determined, in consultation with the laboratory, to conduct additional assays on samples obtained

from the Trove Property exploration drilling program completed earlier this year. The results of the assays will be

announced as soon as they are available.

The Trove property is located south of Windfall Lake and is surrounded by Osisko Mining Inc. (TSX-OSK) on multiple

sides. The Abitibi Greenstone belt has produced over 200M ounces of gold in the past century and Durango owns

100% interest in the 1,185 hectare Trove claims which are located parallel to the East Barry Property claims which

are also wholly owned by Durango.

The purpose of the drill campaign on the Trove Property was to test geophysical anomalies and identify the

structure, dip and fertility of the rock and understand the geology in the area based solely on the geophysical and

till knowledge as there is limited outcrop on the Trove Property and the property has virtually no exploration until

these past few years. The Trove Property hosts a crosscutting fault system striking towards Windfall Lake giving it

great discovery potential.

The technical contents of this press release were approved by George Yordan ov, professional geologist, an

Independent Qualified Person as defined by National Instrument 43-101.

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 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 information o r 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 to 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,

#248 - 515 West Pender Street

Vancouver, BC, V6B 6H5, Canada

tel: 604.428.2900

[email protected]

www.durangoresourcesinc.com

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

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 fina ncing 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.