Durango Pleased with BonTerra’s New Gold Discovery
Vancouver, BC April 12, 2018 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it holds reconfigured claims located in the southern part of the Windfall Lake area, including ground that is parallel to the south of BonTerra Resources (TSX.V-BTR) where BonTerra announced discovery of a “new sixth parallel gold zone at the Gladiator gold deposit.”
The new zone was announced on April 9th, 2018 and BonTerra reported that “infill drill results continue to demonstrate the continuity of the deposit” and “confirms the continuity of the south zone on the western side of the Gladiator deposit.”
Marcy Kiesman, CEO of Durango stated, “Durango is very excited with this new sixth parallel zone at the Gladiator gold deposit with the continued success of Bonterra’s Gladiator project at Windfall Lake.” Mrs. Kiesman also stated, “This confirmation of the continuity of the zones being parallel and situated in the southwest portion of the Gladiator property and bodes well for the potential of Durango’s ground south of BonTerra.”
BonTerra has been exploring Durango’s Trove Property under an agreement reached in the spring of 2017 as announced on March 30, 2017 and April 20, 2017 via www.sedar.com. Recently, work was applied by BonTerra to the Trove claims to extend their expiry date. Under the terms of the agreement, BonTerra must make a payment of $150,000 and 1,500,000 common BonTerra shares to Durango by April 14, 2018. Marcy Kiesman, President of Durango stated, “With BonTerra’s exciting and promising results at the Gladiator, similar results and methodology of discovery can be applied to the second stage exploration on the Trove Property under the agreement with BonTerra.”
Durango remains positioned for discovery in the Windfall Lake Gold Camp with several packages of land bordering Osisko (TSX-OSK) and Beaufield Resources (TSX.V-BFD), which Durango is awaiting till results for.
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 limestone properties in northwest British Columbia, the Decouverté 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 Québec, the Dianna Lake silver project in northern Saskatchewan, and the Whitney Northwest property near the Lake Shore Gold and Goldcorp 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