Durango Acquires Dome Historical Gold Discovery Near Timmins, Ontario

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[{"type":"text","content":"Durango Acquires Dome Historical Gold Discovery Near Timmins, Ontario(via TheNewswire)\n\n \nVancouver, BC / TheNewswire / October 11, 2017 - Durango Resources Inc. (TSX.V-DGO), (the \"Company\" or \"Durango\") is pleased to announce that it has acquired a 100% interest, subject to a gross revenue royalty, in a gold occurrence located in Timmins, Ontario, which was discovered by drilling by Dome Exploration in 1973. The Baby-Baby Property covers the gold occurrence identified by Dome Exploration as Project 44.\n\n\n \nThe Baby-Baby Property covers 520 hectares, located approximately 4.5 kilometres north of the city of Timmins, Ontario. The property has been subject to historical drilling, and hosts a historical occurrence, known as the 44 Zone (also known as Dome Exploration Project 44).\n\n\n \nIn 1973, Dome Exploration drilling intersected gold values in two out of three holes drilled at the 44 Zone (DDH 44-1 and 44-3), over 270 metres apart, while drill testing a broad northeast-striking Turam electromagnetic (EM) anomaly, as described in a 1972 exploration report. (1)(2)\n\n\n \nDDH 44-1 intersected a sulphide-bearing carbonate stringer, containing arsenopyrite, in intermediate volcanics which returned 6.86 g/t Au over 0.61 metres at 119.6 metres depth. Approximately 270 metres to the east, DDH 44-3 intersected a graphitic section of a basic tuff which returned 0.42 g/t Au over 8.23 metres at 94.9 metres depth. Specific details pertaining to sampling or assay methods were not included in the Dome Exploration logs. (1)\n\n\n \nA third hole, DDH 44-4, drilled 385 metres to the north, was not submitted for assay. However, geological descriptions included intervals lithologically similar to gold-enriched intervals in DDH 44-1 and 44-3, and therefore may be potentially favourable for gold mineralization. These intervals included brecciated intermediate volcanics, quartz-carbonates, carbonate stringers, and graphitic sediments, with sulphides reported in many intervals. (1)\n\n\n \nThe 1972 geophysical survey report also mentions that the conductors of a broad northeast anomaly lie near surface at the north end of the property and at a moderate depth to the south end. (2)\n\n\n \nDome Exploration was the exploration arm of Dome Mines, which owned the Dome Mine located southeast of the city of Timmins. The Dome Mine is located appr...

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