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Durango Reports Consolidation Near its Discovery Property in Frotet Evans Greenstone Belt
(TheNewswire) Vancouver, BC - TheNewswire - April 1, 2021 –...
About this update from Quantum Critical Metals Corp
[{"type":"text","content":"Durango Reports Consolidation Near its Discovery Property in Frotet Evans Greenstone Belt\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - April\n1, 2021 – Durango Resources Inc.\n \n \n (TSXV:DGO) (Frankfurt-86A1)\n(OTC:ATOXF),\n \n \n (the “\n \n \n Company\n \n \n ” or\n“\n \n \n Durango\n \n \n ”)\n \n \n reports that Troilus Gold Corp.\n(“\n \n \n Troilus\n \n \n ”) (TSX-TLG) announced on March 23, 2021 that it entered\ninto a definitive agreement with UrbanGold Minerals Inc.\n(“\n \n \n UrbanGold\n \n \n ”) (TSXV-UGM) to acquire all the issued and outstanding\ncommon shares of UrbanGold, for approximately $19M.\n \n \n \n \n If the consolidation completes, the Troilus land\nholdings will be over 142,000 hectares and magnify its position as the\nlargest mineral claim holder in the region. Durango’s Discovery\n(Découverte) Property is located on strike to the southwest of the\npast producing Troilus mine and neighbours UrbanGold. The Discovery\nProperty is 6,700ha in size and covers an important geological NE-SW\nregional structure.\n \n \n The Property has great road\naccess and it is located a few kilometers from the Route du\nNord.\n \n \n \n \n Durango’s technical team is in the process of\npreparing an exploration program for the Discovery Property in June\n2021, after it completes its exploration program at Windfall Lake and\nwill announce the plans in more detail as they become available.\n \n \n \n \n https://durangoresourcesinc.com/_resources/images/Decouverte4-tn.jpg\n \n \n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Durango CEO, Marcy Kiesman, stated, “Durango is\nsituated on strike with the Troilus Gold mine and will become a direct\nneighbour of Troilus Gold upon completion of the proposed transaction.\nThis consolidation of the region is positive for Durango and for the\nexploration and growth of all of the assets in the area.”\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\nDiscovery Property has not yet been subject to an NI-43-101\nreport.\n \n \n \n \n \n Discovery\n(Découverte), Q...