Durango Begins 2008 Drill Program at Hastings Copper Gold Project, B.C.
16 Luglio 2008 - 7:35PM
Marketwired
VANCOUVER, BRITISH COLUMBIA ("Durango" "the Company") is pleased
to announce that the 2008 drill program has begun at the Hastings
Copper Gold exploration project in north western British
Columbia.
The first part of the Hastings project being drill-tested is the
San Diego copper gold anomaly situated over a diorite intrusion.
The 2008 summer drilling program currently anticipates a minimum of
5,000 metres of diamond drilling at three main copper gold porphyry
targets: San Diego, Big Bulk and Midnight Blue.
Each one of these three targets has been identified by Durango
geologists as high priority and prospective for copper gold
porphyry mineralization. San Diego and Midnight Blue have not been
drilled before. While Big Bulk has been drilled sporadically since
the 1950s, the large lateral extent of the Big Bulk intrusive
complex (more than four square kilometres) presents a number of
undrilled targets. One of these is a possible extension to and
improvement on the 60 metres of 0.4% copper intersected at the
bottom of the 120 metre borehole A2 drilled by Procan Exploration
Co. Ltd. in 1982. Durango cautions that these results are drawn
from historical reports and are not to the standards of NI 43-101
and have not been verified by Durango geologists.
Karl Kottmeier, President, commented, "We are excited to begin
our first drill program at the Hastings copper gold project. We
have been aggressive over the past year in amalgamating a very
large and highly prospective land package under our control and we
will be equally as aggressive in drill testing as many of the
numerous target areas as possible in this summer work program."
Clinton Smyth (Pr. Sci. Nat., SACNASP) is Vice President,
Exploration for Durango Capital Corp. and is the Qualified Person
for the Company under National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF DURANGO CAPITAL CORP.
Karl Kottmeier, President
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of securities in the United
States. The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
The TSX Venture Exchange has in no way passed upon the merits of
the proposed transaction and has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
press release.
Contacts: Durango Capital Corp. Karl Kottmeier (604) 678-8941
Email: karl@krgltd.com Durango Capital Corp. Kirk Gamley VP
Corporate Development (604) 689-7422 Email:
kirk@contactfinancial.com Website: www.durangocapitalcorp.com
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