Durango Submits Application for Ground Adjacent to Caribou King and 500 Metres from Canada Carbon's Miller Mine Project, Quebec
19 September 2013 - 4:04AM
Access Wire
September 18, 2013 -
Durango Resources Inc. (the
"Company") is pleased to announce it has submitted an application via
GESTIM online for 240 hectares of property located approximately
70km west of Montreal, Quebec, which neighbour Caribou King
Resources Ltd. and approximately 500 metres east of Canada Carbon
Inc.
Caribou King
Resources Ltd. (TSX.V: CKR) announced on September 18, 2013
via www.sedar.com that it
"has discovered graphitic marble and
sulphidic blocks on the 100-per-cent-owned Calumet graphite
prospect contiguous to Canada Carbon's Miller hydrothermal
lump-vein graphite mine, located approximately 96 kilometres west
of Montreal. Graphitic marble and sulphidic blocks are features
present on the neighbouring Miller historic graphite mine area, 790
metres to the east, and are related to a hydrothermal graphite vein
system. (Readers are cautioned that there is no guarantee that
mineralization of the extent that exists at the Miller mine will be
identified on the company's Calumet project.)"
Canada Carbon Inc.
(TSX.V: CCB) announced on September 12, 2013 via
www.sedar.com, "Bruce Duncan, chief executive officer and director of Canada
Carbon, stated: "The fact that our largest and strongest
electromagnetic anomaly leads right to our active trenching at the
VN1 vein system is very exciting. It points to significant upside
for further expansion of the VN1 vein system as well as for
additional discoveries as we look for the source of the 300 m
anomaly. In addition, other anomalies revealed through the survey
show enough size to further justify exploration over each of them.
The company is very pleased with the high-precision and
high-quality data collected to date which will allow us to focus on
the most promising targets for additional graphite vein
discoveries."
Durango will be reviewing all
available data in the upcoming weeks to advance the new
property.
About Durango
Durango is
a natural resources company engaged in the acquisition and
exploration of mining/exploration properties, mainly for gold and
other precious metals. The Company has a 100% undivided interest in
the McGillivray Property in British Columbia, the Sol Riche and
Tresor Nord/Sud REE properties in Montviel Township in Quebec, the
Trove and Descouverte gold properties in the Abitibi of Quebec, the
Montpellier and St. Sixte graphite properties in the Grenville
region of Quebec, and the Stubble gold property in
Saskatchewan.
For further
information on Durango, please refer to www.sedar.com.
Marcy Kiesman, Chief Executive
Officer
Telephone: 604.428.2900
Facsimile: 888.266.3983
Email:
DURANGORESOURCESINC@GMAIL.COM
Website:
www.durangoresourcesinc.com
Forward-Looking Statements
This document may
contain or refer to forward-looking information based on current
expectations, including, but not limited to timing of mineral
resource estimates, future exploration or project development
programs and the impact on the Company of these events.
Forward-looking information is subject to significant risks and
uncertainties, 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, as it relates to Durango Resources Inc.,
please refer to the Company's Prospectus filed with
SEDAR.
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.
Durango Resources (TSXV:DGO)
Historical Stock Chart
From Oct 2024 to Nov 2024
Durango Resources (TSXV:DGO)
Historical Stock Chart
From Nov 2023 to Nov 2024