Durango Receives Title to Land Adjacent to Miller Mine Project With 99.99% Pure Graphite
December 12 2013 - 12:15PM
Access Wire
December 12, 2013 -
Durango Resources Inc. (the
"Company") is pleased to announce it has received its 100% interest in
approximately 240 hectares of graphite potential ground contiguous
to Canada Carbon's historic Miller Graphite Mine property. The
recently titled ground, known as Buckshot, is located along the
eastern perimeter of Canada Carbon's claims, approximately 70km
west of Montreal, near Grenville, Quebec.
Caribou King
Resources Ltd. (TSX.V - CCB) CEO, Mr. Bruce Duncan announced today
via SEDAR, "Canada Carbon achieves 99.9978%
purity by rapid thermal upgrading of miller vein graphite" and
"this is important information, because very
pure graphite currently sells for much higher prices than less pure
graphite material. Moreover, the specific contaminants present can
influence the high-technology applications for which the graphite
is suitable."
Durango is currently
in discussions regarding a Phase I exploration program for the 100%
owned Buckshot property adjoining the historic Miller Graphite
producing property.
About Durango
Durango is
a natural resources company engaged in the acquisition and
exploration of mining/exploration properties, mainly for gold and
other precious metals. The Company has a 100% undivided interest in
the McGillivray Property in British Columbia, the Sol Riche and
Tresor Nord/Sud REE properties in Montviel Township in Quebec, the
Trove and Descouverte gold properties in the Abitibi of Quebec, the
Montpellier and St. Sixte graphite properties in the Grenville
region of Quebec, and the Stubble gold property in
Saskatchewan.
For further
information on Durango, please refer to www.sedar.com.
Marcy Kiesman, Chief Executive
Officer
Telephone: 604.428.2900
Facsimile: 888.266.3983
Email:
DURANGORESOURCESINC@GMAIL.COM
Website:
www.durangoresourcesinc.com
Forward-Looking Statements
This document may
contain or refer to forward-looking information based on current
expectations, including, but not limited to timing of mineral
resource estimates, future exploration or project development
programs and the impact on the Company of these events.
Forward-looking information is subject to significant risks and
uncertainties, as actual results may differ materially from
forecasted results. Forward-looking information is provided as of
the date hereof and we assume no responsibility to update or revise
them to reflect new events or circumstances. For a detailed list of
risks and uncertainties, as it relates to Durango Resources Inc.,
please refer to the Company's Prospectus filed with
SEDAR.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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