Durango Resources Inc. announced that further to the news of November 15, 2023, the assays and data compilation of the 810m drill program on the NMX East lithium property is complete. The NMX East Property is wholly owned by Durango Resources and is located in the Eeyou-Istchee James Bay region of Quebec, directly adjacent to the Whabouchi lithium deposit. During the fall of 2023, field mapping of the property and a short drill program was completed.

The drill program was limited and only tested a portion of one of the dykes on the property. Four drill holes were conducted on the initial test dyke totaling 810m of drilling and pegmatite was encountered in each of the holes. Drillhole locations are marked with yellow stars.

Drilling. Hole 1 was drilled to 207m drill depth and intersected pegmatite at drill depths of 34m-34.5m (852ppm Li), and again at 84m-94m, 98m-117.5m (530ppm Li, 1,290ppm Rb), 139m-139.5m (336ppm Li), and 143m-144m. Rubidium assays averaged 670ppm over 11 meters beginning at 99m downhole in the pegmatite.

The highest lithium values were found in a metasomatic halo in the country rock immediately adjacent to the pegmatite dyke and ranged up to 489ppm Li. This is a known phenomenon that can occur in LCT (lithium, cesium, tantalum) pegmatites where there is an early termination of an aqueous fluid from the dyke during emplacement (Errandonea-Martin et al., 2022). 214.83m - 235.72m downhole depth totaling 28.83m averaged 205ppm Li (with a high value of 537ppm Li), and an average of 355ppm Rb (with a high of 832ppm Rb).259.60m - 284.36m downhole depth totaling 24.76m averaged 193ppm Li (with a higher level being 1,880ppm Rb and lithium was also elevated in each sample with the average being 147ppm Li and the highest value being 471ppm Li.

Rubidium assays also averaged 439ppm over 68m (223 feet) from 81.5m to 149.7m downhole within the pegmatite and the highest lithium value was 747ppm Li at 116m downhole depth. Hole 4 intersected pegmatite at downhole depth of 7m from surface and continued to 26.5m for a consecutive 19.5m (64 feet). Assays returned an average rubidium level of 998ppm Rb over 21m (68 feet) from 6.5m to 27.5m downhole depth and lithium was anomalous in every sample averaging 110ppm Li with the highest assay being 425ppm Li.

The hole was stopped at 102m which marked the completion of the planned drill test program on the selected portion of one of the dyke running parallel to the Whabouchi deposit. Assays after 27.5m downhole were not submitted as it was country rock.