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Durango Updates Shareholders on Windfall Property Near Osisko

(via TheNewswire) Vancouver, BC - TheNewswire - August 26, 2019 - Durango Resources Inc. ...

articleQuantum Critical Metals CorpAugust 26, 20194/company/quantum-critical-metals-corp/news/durango-updates-shareholders-on-windfall-property-near-osisko
Durango Updates Shareholders on Windfall Property Near Osisko

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[{"type":"text","content":"Durango Updates Shareholders on Windfall Property Near Osisko(via TheNewswire)\n \n \nVancouver, BC - TheNewswire - August 26, 2019 - Durango Resources Inc. (TSXV:DGO) (Frankfurt-86A1) (OTC:ATOXF), (the \"Company\" or \"Durango\") provides an overview of the current developments of its Trove Property located in the Windfall Lake gold camp of Quebec. http://durangoresourcesinc.com/wp-content/uploads/2019/08/Urban-WIndfall-Gold-Belt-Map-simple.jpg \n\n \n \nDurango owns 100% interest in the Trove claims which are surrounded by Osisko Mining Inc. (TSX: OSK) (\"Osisko\") in the Windfall Lake area between Val d'Or and Chibougamau, Quebec. The 1,150-hectare property is compelling due to the coincidence of gold in till with Magnetic highs, the number of Induced Polarization (\"IP\") anomalies and the two faults crosscutting the property. Faults are proven controls to gold bearing mineralization in both the Gladiator deposit of Bonterra Resources Inc. (TSX.V: BTR) (\"Bonterra\") and the Windfall Lake deposit of Osisko. In addition, Osisko recently drilled on various claims surrounding the Trove property and encountered gold on multiple sides of the Trove. The collars of several holes which intersected gold are within walking distance of Durango's Trove border.\n\n \n \nProceeds from the flow-through financing, raised earlier this Spring, were used for an IP survey on the Trove property which highlighted 24 targets for mineralization at depths of 50 to 100m below surface including 15 high-priority drill targets. A drill program of 3,025m was recommended to commence as soon as possible.\n\n \n \nDurango's geologist has reviewed all recent and historic data and notes that the fault systems north and south of the Trove control gold mineralization proving the Trove has excellent exploration potential. Applications for drilling permits were submitted earlier this summer and the Company is presently awaiting one final permit before drilling may commence on the property. \n\n \n \nMarcy Kiesman, CEO of Durango stated, \"Similarities of the geological, geochemical and geophysical signatures with other discoveries made in the Windfall Lake area are extremely exciting for discovery potential and the upcoming drill campaign. We know the structures crossing the property carry gold on multiple sides of the border so we are anxious to deploy our drill...

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