Durango Updates Shareholders ON Windfall Property Near Osisko
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
DURANGO UPDATES SHAREHOLDERS ON WINDFALL PROPERTY NEAR OSISKO
Vancouver, BC / TheNewswire / August 26, 2019 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt -86A1) (OTC QB -
ATOXF), (the “Company” or “Durango”) provides an overview of the current developments of its Trove Property located
in the W indfall Lake gold camp of Qu ébec. http://durangoresourcesinc.com/wp -content/uploads/2019/08/Urban -
WIndfall-Gold-Belt-Map-simple.jpg
Durango owns 100% interest in the Tro ve claims which are surrounded by Osisko Mining I nc. (TSX: OSK) (“Osisko”) in the
Windfall Lake area between Val d ’Or and Chibougamau , Québec. The 1,150-hectare property is compelling due to the
coincidence of gold in till with Magnetic highs, the number of Induced Polarization (“IP”) anomalies and the two faults
crosscutting the property . Faults are proven controls to gold bearing mineralization in both the Gladiator deposit of
Bonterra Resources Inc. (TSX .V: BTR) (“Bonterra”) and the Windfall Lake depos it of Osi sko. In addition, Osisko recently
drilled on various claims surrounding the Trove property and encountered gold on multiple sides of the Trove . T he
collars of several holes which intersected gold are within walking distance of Durango’s Trove border.
Proceeds from the flow-through fin ancing, raised earlier this Spring, were used for an IP survey on the Trove property
which highlighted 24 targets for mineralization at depths of 50 to 100m below surface including 15 high-priority drill
targets. A drill program of 3,025m was recommended to commence as soon as possible.
Durango’s geologist has reviewed all recent and hist oric data and notes that the fault systems north and south of the
Trove control gold mineralization proving the Trove has excel lent exploration potential. Applications for drilling permits
were submitted earlier th is summer and the Company is presently awaiting one final permit before drilling may
commence on the property.
Marcy Kiesman, CEO of Dur ango stated, “ Similarities of the geological, geochemical and geop hysical signature s with
other discoveries mad e in the Windfa ll Lake area are extremely exciting for discovery potent ial and the upcoming drill
campaign. We know the structures crossing the property carry gold on multiple sides of the border so we are anxious to
deploy our drill team to Trove and the Windfall Lake Camp. The discovery of the gold mineralized structures on multiple
sides of the property by Osisko warrants drilling as the obvious next step for the Trove ” (see news release dated July 2,
2019).
The technical cont ents of this press rele ase were approved by George Yordanov, profession al geologist, an Independent
Qualified Person as defined by National I nstrument 43 -101. T he property has n ot yet been subject to an NI-43-101
report.
About Durango
Durango is a natural resources company engaged i n the acquisition and exploration of minera l properti es. The
Company i s p ositioned for discovery 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
#248 - 515 West Pender Street
Vancouver, BC, V6B 6H5, Canada
tel: 604.428.2900
www.durangoresourcesinc.com
DGO:TSXV | 86A1:Frankfurt | ATOXF:OTCQB
Forward-Looking Statements
This document may contain or refer to forward -looking information based o n curre nt expectations and the impa ct
on the Company of these e vents. Forward -looking information is subje ct to sign ificant risks and uncertainties,
including mark et conditions , as actua l resul ts may differ mate rially from forec asted r esults. Forward -looking
information is provided as of th e date hereof and we assume no responsibility to update or revise them to reflect
new ev ents or circumstances. For a detailed li st of risks a nd uncerta inties relating to Durang o, please refer t o its
prospectus filed on its SEDAR profile at www.sedar.com.
Neither TSX Venture Exchange nor i ts 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.