Durango Increases Ground Around Cobalt Prospect in Saskatchewan
Vancouver, BC / TheNewswire / March 2, 2018 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC Grey-ATOXF), (the “Company” or “Durango”) reports that it has increased its land holdings around a newly identified cobalt prospect in northern Saskatchewan.
On February 27, 2018, CNBC website reported, “Apple’s surprising cobalt move signals a controversial buy on metal commodities” (https://www.cnbc.com/2018/02/27/apples-surprising-cobalt-move-signals-its-a-good-time-to-buy-metals.html), and further reported on February 21, 2018, that “Apple is in talks to directly buy cobalt from miners for use in its batteries” (https://www.cnbc.com/video/2018/02/21/apple-in-talks-to-buy-cobalt-from-miners-say-reports.html).
Marcy Kiesman, President and CEO of Durango stated, “With cobalt trading at 10-year highs, and end users such as Apple Inc. (NASDAQ-AAPL) looking to potentially secure supply chains, Durango is enthusiastic about this new cobalt occurrence. Durango expects to make further announcements concerning this cobalt occurrence as it becomes available.”
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune limestone property and the Golden Triangle properties in northwest British Columbia, the Découverte and Trove & Windfall gold properties in Quebec, lithium properties near the Whabouchi Mine, the Buckshot graphite property near the Miller Mine in Québec, the Dianna Lake silver project in northern Saskatchewan and the Whitney Northwest gold property near Timmins, Ontario.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com or contact:
This document may contain or refer to forward-looking information based on current expectations, including commencement and completion of future exploration and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, raising additional capital for exploration expenditures, 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 relating to Durango, please refer to its prospectus filed on its SEDAR profile at www.sedar.com .
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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