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Durango Grabs Over 40g/t Gold at Discovery Site Visit

Vancouver, BC – TheNewswire – Oct 7, 2021 – Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the “Company” or “Durango”) announces…

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Vancouver, BC - TheNewswire - Oct 7, 2021 - Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the “Company” or “Durango”) announces that a recent site visit was completed on the wholly owned Discovery Property in Québec to ensure road access to an area of interest.

 

While at the site, two rock samples were selected from two separate channels, in attempt to confirm/duplicate previous gold results in the area (each channel returned 6.2 g/t Au and 7.6 g/t Au in a 2014 exploration campaign). The samples were collected 36 meters apart and were sent in for gold assay. Both samples returned anomalous gold values as seen below:

 

No.

Sample ID

Sample mass in kg

FA-GRV Au g/t

1

55651

0.862

41.16

2

55652

0.926

46.64

 

Marcy Kiesman, CEO of Durango stated, “The Discovery Property samples were taken from an area which previously returned gold assays at surface in quartz veining hosted in basalt. After researching the Kenorland Minerals Limited (TSX.V-KLD) Frotet grassroots discovery of 8.47g/t Au over 29m in 2020, our exploration crew completed a follow up visit in an area with geological similarities. The recent assays of over 40 g/t gold at surface has prompted Durango to initiate a crew to strip the area and conduct further channeling while weather permits.”

 

The Discovery Property is located on strike to the southwest of the past producing Troilus Gold mine and neighbours Troilus Gold Corp. (“Troilus”) (TSX-TLG). The Discovery Property is 6,700ha in size and covers an important geological NE-SW regional structure. The Property has great road access from the Route du Nord.

 

Note: the reader is cautioned that grab rock samples are selective by nature and may not represent the true grade or style of mineralization across the Property.

 

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101.

 

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group 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

 

Forward-Looking Statements

This news release contains “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 technical 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 expectations 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 information 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 events 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 economic, 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.

 

Copyright (c) 2021 TheNewswire - All rights reserved.

Today’s News

Eco Oro Announces Change in Directors

VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) — Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) announced today…

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VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) announced today that Pierre Amariglio has been appointed to Company’s board of directors (the “Board”) and will serve as Co-Executive Chair of the Board, together with Courtenay Wolfe, the current Co-Executive Chair of the Board. This appointment was made in accordance with the terms of the Amended and Restated Settlement Agreement dated September 11, 2017 between the Company, Trexs Investments, LLC, an entity managed by Tenor Capital Management Company, L.P. (“Tenor”), and certain other parties, to fill the vacancy created by the resignation of Blair Wallace from the Board.

Pierre Amariglio is a dual qualified American-French lawyer with extensive experience in international arbitration. He is the Director of Litigation of Finance at Tenor.

Company Profile

Eco Oro Minerals Corp. is a publicly-traded company and its arbitration against the Republic of Colombia is its core focus.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE Eco Oro Minerals Corp.

For further information: Paul Robertson, Chief Executive Officer (Interim)
Tel: +1 604 682 8212, TF: +1 855 682 8212.
CO: Eco Oro Minerals Corp.

 


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Nevada Gold Mines Completes Exchange Transaction to Consolidate South Arturo Property

ELKO, Nev., Oct. 14, 2021 (GLOBE NEWSWIRE) — Nevada Gold Mines (NGM) today announced it has completed the previously announced asset exchange transaction…

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ELKO, Nev., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Nevada Gold Mines (NGM) today announced it has completed the previously announced asset exchange transaction to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance.

About Nevada Gold Mines
Nevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined their significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world.

ENQUIRIES

Catherine Raw
Barrick COO, North America
Tel: +1 416 307 5157
Email: [email protected]

Greg Walker
NGM Executive Managing Director
Tel: +1 702 526 3194
Email: [email protected]

Kathy du Plessis
Investor and media relations
Tel: +44 20 7557 7738
Email: [email protected]


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Today’s News

Rockhaven Resources Ltd. Clarifies Disclosure

VANCOUVER, BC / ACCESSWIRE / October 14, 2021 / As a result of a review by the British Columbia Securities Commission, Rockhaven Resources Ltd. (TSXV:RK)…

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VANCOUVER, BC / ACCESSWIRE / October 14, 2021 / As a result of a review by the British Columbia Securities Commission, Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven" or the "Company") is issuing the following news release to clarify its disclosure.

The corporate website, presentation and fact sheet contained references to the 2020 Preliminary Economic Assessment (PEA) results but did not disclose that a portion of the resource used in the PEA considered inferred mineral resources. As per section 2.3(3)(a) of NI 43-101, all references to the 2020 PEA results contain disclosure which cautions readers that the PEA is preliminary in nature, that it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.

Additionally, the Company used over promotional language with respect to the sensitivity analysis related to the 2020 PEA and next steps for the project. These statements have been amended and are now in compliance.

Qualified Persons

Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

About Rockhaven

Rockhaven Resources Ltd. is a well-funded explorer focused on the exploration and development of its 100%-owned, camp-scale Klaza Property, which hosts the Klaza Deposit and numerous lightly explored exploration targets. Rockhaven has completed a mineral resource estimate and a preliminary economic assessment on the Klaza deposit (see Klaza Property Technical Report with an effective date of July 10, 2020 and titled, "Technical Report and Preliminary Economic Assessment Update for the Klaza Property, Yukon, Canada" which can be viewed at www.sedar.com under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com).

Matthew Turner
President, CEO and Director
Rockhaven Resources Ltd.
T:604-687-2522
[email protected]

NEITHER THE 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.

Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Rockhaven cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the control of Rockhaven. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, the ability of Rockhaven to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in Rockhaven's financial statements available under the Rockhaven profile at www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Rockhaven undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: Rockhaven Resources Ltd.



View source version on accesswire.com:
https://www.accesswire.com/668280/Rockhaven-Resources-Ltd-Clarifies-Disclosure

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