Durango to Revisit Northern B.c. Limestone Project
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
DURANGO TO REVISIT NORTHERN B.C. LIMESTONE PROJECT
Vancouver, BC / TheNewswire / October 7, 2019 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB -
ATOXF), (the “Company” or “Durango”) announces its plans to further explore Mayner’s Fortune limestone in northern
British Columbia (“BC”) in the upcoming weeks.
The Mayner’s Limestone is wholly owned by Durango and is located between Terrace and Kitimat, B.C. The property was
expanded earlier this year due to the discovery of a dditional limestone units neighbouring the already known s eries of
six limestone units. The 489-hectare property is located approximately 60km by Highway 37 South from the $40B LNG
site and also has access to railway and power/hydro. Assays from both historical and recent sampling of surface
exposures of the limestone beds indicate high quality for building material (cement) due to the high grade of calcium.
Marcy Kiesman, CEO of Durango stated, “This month marks the one year anniversary of LNG Canada ’s final investment
decision for the $40B LNG Facility in Kitimat, B.C. We consider this even more significant today due to the recent global
outcry for environmental responsibility. We believe that LNG Canada has invested in the right pro ject, at the right time
and in the right place and Durango holds significant value in the Mayner ’s Fortune high quality limestone asset located
strategically near the LNG Canada Kitimat site.”
“LNG Canada represents one of the largest energy investment in the history of Canada.”* B.C. is well positioned for the
investment and is well supplied with natural gas and is located near shipping access for the rapidly growin g Asian
markets. With global ener gy demands co ntinuing to gro w and a sh ortage of supply expected by 2025, the timing for
LNG Canada could not be better especially given that China demand has already surged as they ma ke the move from
coal to natural gas to reduce their pollution. https://www.lngcanada.ca/news/one-year-later-1/
With drilling permi ts in place, Durango is focused on proving up and realizing shareholder value with the Mayner ’s
Fortune limestone asset.
* www.lngcanada.ca/uploads/subpages/downloads/LNG-Canada-Project-Overview-2018_Web-Version-AWv4.pdf
About Durango
Durango is a natural resources company engag ed i n the acquisition and exploration of minera l properti es. The
Company i s p ositioned for discove ry with a 100% inte rest in a strategically located grou p 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 docum ent may contain or refer to forward -looking information based o n curre nt expectations and the impa ct on the
Company of the se e vents. Forward -looking information is subje ct to sign ificant risks and uncertainties, includ ing mark et
conditions, as actua l resul ts may differ mate rially from forec asted r esults. Forward -looking info rmation is provi ded as of th e
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 its prospectus filed on its SEDAR profile at www.sedar.com.
#248 - 515 West Pender Street
Vancouver, BC, V6B 6H5, Canada
tel: 604.428.2900
www.durangoresourcesinc.com
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