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Durango Welcomes Dr. Lee Groat to Technical Committee

Corporate Updates

113437972

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

DURANGO WELCOMES DR. LEE GROAT TO TECHNICAL COMMITTEE

Vancouver, BC / TheNewswire / December 15, 2022 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1)

(OTCQB -ATOXF), (the “Company” or “ Durango”) announces that further to the news of December 12 th, 2022,

the Company has added Dr. Lee Groat to its Technical Committee to help advise on its wholly owned Discovery

and NMX East Properties in Québec.

Lee Groat graduated from Queen's University with a B.Sc. (Honours, Geology) in 1982 and from the University of

Manitoba with a Ph.D. in 1988. From 1988 to 1989 he was a NATO Postdoctoral Fellow at Cambridge University.

Professor Groat has been a faculty member at the University of British Columbia since 1989. In 2002 he was

awarded the Killam Prize for Excellence in Teachi ng, and since 2007 he has been Director of the Integrated

Sciences specialization, which enables students to create custom degree programs.

Professor Groat’s main research interests are the geology of critical elements, gem deposits, and the crystal

chemistry of minerals. He has published more than 150 papers in peer-reviewed scientific journals. From 2001 to

2006 Prof. Groat was Editor of American Mineralogist . From 2012 to 2022 he was Editor of The Canadian

Mineralogist. From 2007 until 2021 Prof. Groa t was Chair of the Commission on Gem Materials of the

International Mineralogical Association.

In 2003 Prof. Groat was elected a Fellow of the Mineralogical Society of America, and in 2009 the new mineral

groatite, NaCaMn 2+2(PO4)[PO3(OH)]2, was named in h is honor. In 2019 he was awarded the Leonard G. Berry

medal for distinguished service to the Mineralogical Association of Canada. Professor Groat is an Independent

Director of multiple companies in the exploration and technology spheres and a partner in a private consulting

company.

The Discovery Property is located in the highly prospective James Bay Territory, 100km north of Chibougamau,

Québec in the Frotet-Evans greenstone belt. In July of 2022, Durango completed an exploration drill campaign in

an area with known gold anomalies at surface. To date, partial results have come in for holes 1, 2, and 4. Lithium-

bearing pegmatite pods were intersected in each of the drill holes which led to the corporate decision to invite

additional expertise to the technical committee.

Marcy Kiesman, CEO of Durango stated, “ We are extremely excited to have someone of Dr. Groat’s caliber join

our technical advisory committee at Durango. Between our recent finding of lithium-bearing pegmatites at our

Discovery Property an d our NMX East Property adjacent to Nemaska Lithium we will be able to keep Dr. Groat

busy for the next while.”

Melanie Mackay P.Geo, is the qualified person for Durango Resources Inc. and approves the technical content in

this news release.

About Discovery

The Discovery Property is located on strike to the southwest of the past producing Troilus gold mine and

neighbours Troilus Gold Corp. (TSX -TLG). The Discovery Property is over 6,500ha in size and covers an important

geological northeast to southwest r egional structure. The Discovery Property has great road access and is

accessible year-round via the Route du Nord.

About NMX East

The NMX East Property is located on northern Québec along the Route Nord and situated beside Nemaska

Lithium’s Whabouchi Dep osit whic h is considered to be the world’s second richest and biggest deposit with

PO Box 31880, Richmond, BC,

V7E 0B5, Canada

tel: 604.428.2900

[email protected]

www.durangoresourcesinc.com

113437972

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

27.Mt of proven and probable reserves.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The

Company i s positioned for discovery with a 100% interest in a strategically located group of properties in the

Troilus gold camp and 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 co ntains “forward‐looking information or 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 tec hnical 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 expect ations

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 i nformation 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 event s and is

subject to risks, 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 financing and general eco nomic,

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.