TSX Venture Exchange

DURANGO RESOURCES INC.

Suite 248 – 515 W. Pender Street

Vancouver, BC V6B 6H5

TSX Venture Exchange Trading Symbol:

DGO Frankfurt: 86A1 / OTC Grey: ATOXF

DURANGO RECEIVES ADDITIONAL ASSAY RESULTS FROM MAYNER’S FORTUNE LIMESTONE

PROJECT NEAR TERRACE, BC

Vancouver, BC / TheNewswire / February 8, 2017 – Durango Resources Inc. (TSX.V-DGO), (the

“Company” or “Durango”) is pleased to announce that, further to its news releases of December

14th and November 1st, 2016, limestone quality of up to 99.95% CaCo3* (56.00% CaO) has once

again been attained on its 100%-owned Mayner’s Fortune limestone project.

The 320-hectare Mayner’s Fortune property is located 7.5km southwest of Terrace, B.C. along

the CN rail route between Terrace and Kitimat and hosts five historically mapped sub-parallel

limestone units. Durango completed two exploration visits on the Mayner’s project last fall which

included sampling to test limestone quality and mapping substantiate historic reports. Mapped

limestone in the northern section of Unit #5 extended 650m along strike by 140m apparent

thickness with the unit remaining open at both ends. This compares well with historical mapping

of 1,600m strike length and an apparent thickness of 180m in the south end of the limestone

bed. The assays in this release pertain to the late November visit.

Out of 14 unique samples taken from unaltered limestone outcrops at the Mayner’s Fortune

property, 13 yielded grades greater than 82.4% CaCo3* (46.2% CaO). All limestone samples from

the property are shown in Table 1.

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Table 1: Mayner’s Fortune Outcrop Samples

Sample Easting Northing CaO (%) CaCo3 (%)

(calculated)* MgO (%)

67356 524149 6029045 56.00 99.95 0.17

67278 524155 6028984 55.50 99.05 0.31

67274 524070 6029212 53.50 95.48 0.82

67355 524090 6029332 53.40 95.31 1.91

67353 524032 6029340 52.40 93.52 0.92

67285 523960 6029036 51.10 91.20 1.50

67352 524006 6029372 50.40 89.95 1.33

67357 524088 6029114 49.80 88.88 1.03

67271 524018 6029352 49.50 88.35 1.54

67283 523945 6029129 49.00 87.45 1.60

67358 523942 6028900 48.10 85.85 6.29

67287 523955 6028946 47.80 85.31 7.29

67284 523960 6029056 46.20 82.46 2.39

67288 523930 6028830 41.60 74.25 14.8

Note: All coordinates are NAD83 UTM Zone 9N

* Theoretical value of CaCo3 is calculated based on the assay value of CaO * 1.78476 and is used

to estimate limestone (CaCO3) composition. This calculation assumes all CaO analysed is present

as CaCO3.

Cautionary statement: Readers are cautioned that grab samples are selective by nature and are

not necessarily representative of mineralization hosted on the property.

All samples were grab samples and were analyzed by Bureau Veritas, Vancouver, British

Columbia. The analytical methods used correspond to Burea u Veritas code LF700 - Whole Rock

Analysis by XRF.

Marcy Kiesman, CEO of Durango stated, “We are once again extremely pleased with the assays

results for the Mayner’s Fortune project . Favourable grades of up to 99.95% limestone from

Limestone Unit #5 (by calculation), has created additional opportunities for potential end users

and Durango is actively investigating commercial use mediums. The assays coupled with current

and historical mapping results have affirmed the vast potential of this property and Durango

plans to continue to advance its limestone prospects through 2017.”

Limestone is extremely beneficial for the agricultural industry including its use as a soil

conditioner. The limestone is activated when it meets with water and dissolves into t he soil,

which lowers the acidity and raises the pH, which is essential for crop yields. The lime also adds

desirable nutrients to the soils such as calcium, magnesium and phosphorus, which can improve

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soil structure, increase rates of air and water filtra tion, improve plant cell wall formation, and

help regulate the nutrient uptake through the roots of the plant. Hydroponic type systems are

more prone to incur a calcium deficiency and require the use of limestone.

The technical contents of t his release were approved by Case Lewis, P.Geo., a Qualified Person

as defined by National Instrument 43-101. The property has not yet been the subject of a National

Instrument 43-101 report.

Durango has granted 750,000 stock options to directors and consu ltants of the Company

exercisable at $0.075 per share for a period of three years from the date of grant. The options

have been granted in accordance with the Company’s stock option plan.

About Durango

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

properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone

properties in northwest British Columbia, the Découverte and Trove gold properties in the Abitibi

Region of Quebec, and ce rtain lithium properties near the Whabouchi project, the Buckshot

graphite property near the Miller Mine in Québec, the Dianna Lake silver project in northern

Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Gol dcorp joint

venture in Ontario.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to fo rward-looking information based on current expectations,

including commencement and completion of future exploration , final approval from governmental

entities on the LNG project, Petronas determining whether to proceed with the LNG project and the

impact on the Company of these events. Forward -looking information is subject to significant risks and

uncertainties, including market conditions, as actual results may differ materially from forecasted results.

Forward-looking information is provided as of the 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.

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.