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Durango Resources Inc.
Summary
| Project: | Buckshot | |
|---|---|---|
| Deposit: | Buckshot | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 1/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-1-2018: Durango Resources Inc. announces an Exploration/Drilling Update report for its Buckshot deposit at the Buckshot project. Technical report of the property. Pyral Consulting (“the Consultants” or “Pyral Consulting”) was retained by Durango Resour | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Case Lewis (Pyral Consulting) | |
| ABSTRACT: | Pyral Consulting (“the Consultants” or “Pyral Consulting”) was retained by Durango Resources Inc. (“Durango” or the “Company”) to prepare a Technical Report (the “Report”) on their Buckshot Property in southern Quebec. Case Lewis, P.Geo. is responsible for the contents of this Report. Mr. Lewis visited the Property on March 24, 2016. In completing the report, the Consultants held discussions with management in Vancouver, BC, reviewed the historic data, and completed a technical report on the Property. The author is a “Qualified Person” who is “independent” of Durango Resources Inc. within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43- 101") Pyral Consulting has reviewed the historical data available for the Buckshot Property and conducted its own due diligence in verifying the geology and exploration potential of the Property. The Buckshot Property is an early stage exploration property. It covers ground prospective for disseminated or vein-hosted graphite mineralization, being directly adjacent to the Miller Mine Graphite Property, owned by Canada Carbon Inc, which has been subject to extensive exploration in recent years, while historically being one of the oldest graphite producers in Canada, dating back to the mid 1800’s. Exploration on the adjacent Miller Mine property has revealed significant vein-hosted, largeflake graphite mineralization. Given the close proximity of the Buckshot Property to this significant prospect and historical graphite producer, and the pervasive nature of vein graphite mineralization throughout the Outaouais region, it is reasonable to surmise that graphite mineralization may occur on the Buckshot Property as well. | |
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