DURANGO RECEIVES ADDITIONAL OFFER ON WINDFALL GOLD CAMP PROPERTY
Further to the news of Feb. 24, 2017, an additional unsolicited offer was received on Durango Resources Inc.'s (DGO.V) Trove property located in the Windfall-Urban gold camp district of Northern Quebec.
Durango's 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) and Beaufield Resources (TSX.V-BFD) who both hold large land packages in the area and currently have drill programs underway.
Marcy Kiesman, CEO of Durango stated "Three companies in the Windfall Lake area have raised over $70 million dollars this month for exploration. As two of Durango's immediate neighbours are drilling over 400,000 metres at Windfall, the Trove Property remains positioned for discovery. Durango's Board of Directors is reviewing the offers for the Trove Property, however no agreements have been reached, and the Company will provide further details as they become available."
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 Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.
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