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Durango Receives Drill Permits for NMX East Property
(TheNewswire) Vancouver, BC - TheNewswire - June 4, 2021 – Durango Res...
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[{"type":"text","content":"Durango Receives Drill Permits for NMX East Property\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - June 4,\n2021 – Durango Resources Inc.\n \n \n (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF),\n \n \n (the\n“\n \n \n Company\n \n \n ” or “\n \n \n Durango\n \n \n ”)\n \n \n reports that\nfurther to the news of May 25, 2021, Durango has received the drill\npermits for its wholly-owned NMX East Property located near Nemaska,\n \n \n Québec.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n The NMX East property borders the eastern perimeter of\nNemaska Lithium’s Whabouchi deposit which is one of the richest\nspodumene deposits in the world based on its volume and grade. Nemaska\nLithium reports over 36M tonnes of spodumene is expected to be\nproduced at the Whabouchi deposit over a period of 33 years (\n \n \n \n \n www.nemaskalithium.com\n \n \n \n )\n \n . Spodumene is used to produce lithium salts which are used\nfor the lithium-ion battery market and have become increasingly\npopular in recent years due to growing demand for electric\nvehicles.\n \n \n \n \n \n To date, Durango has ascertained that lithium, cesium,\nand tantalum (“\n \n \n LCT\n \n \n ”) are present at surface in pegmatite\noutcrops on its NMX East Property with potential for more to exist\nbelow surface. Durango has now received the drill permits for two\nexploration holes on the property to test drill the pegmatite outcrops\nat depth to determine the potential scalability of the project.\n \n \n The NMX East has great road access from the\nRoute du Nord and is easily accessible.\n \n \n Durango\nis planning to follow up on previous LCT pegmatite sampling obtained\nat surface from grab samples on its NMX East property and plans to\ndeploy a crew during the summer. The drill permits are valid until\nMarch 31, 2022.\n \n \n \n \n The technical contents of this press release were\napproved by George Yordanov, professional geologist, an Independent\nQualified Person as defined by National Instrument 43-101. The NMX\nEast Property has not yet been subject to an NI-43-101 report.\n \n \n \n About Durango\n \n \n \n Durango is a natural resources company engaged in the\nacquisition and exploration of mineral properties. The Company is\npositioned for discovery wit...