Durango Begins 2008 Drill Program at Hastings Copper Gold Project, B.C.
Market Wire, July, 2008
Durango Capital Corp. (TSX VENTURE: DGO) ("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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