Positioned for Discovery DGO: TSX-V 86A1: Frankfurt ATOXF: OTCQB www.durangoresourcesinc.com DGO: TSX-V 8GA1: Frankfurt AROXF: OTCQB www.durangoresourcesinc.com 1
Positioned for Success Durango is a mineral exploration company focused on the acquisition, exploration and development of precious metal resource properties in Canada WINDFALL LAKE, QUÉBEC Durango is positioned for discovery holding a 100% interest in the Trove and East Barry claim packages within the Windfall Lake gold district, which is currently the most active gold exploration camp in Canada DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 2
Forward-Looking Statement The information contained in this presentation maybe subject to amendment, revision and updating in any way without notice or liability to any party. This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements”), concerning the business, operations and financial performance and condition of the Durango Resources Inc. (the "Company"). Forward-looking statements include, but are not limited to, statements with respect to the estimation of mineral reserves and mineral resources; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; metal prices and demand for materials; capital expenditures; success of exploration and development activities; permitting time lines and permitting, mining or processing issues; government regulation of mining operations; environmental risks; market conditions and title disputes or claims. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” “believes,” “projects” or variations of such words and phrases or state that certain actions, events or results “may,” “could,” “would,” “might” or “will be taken,” “occur” or “be achieved.” Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to, unexpected events during operations; variations in ore grade; risks inherent in the mining industry; delay or failure to receive board approvals; timing and availability of external financing on acceptable terms; risks relating to international operations; actual results of exploration activities; conclusions of economic valuations; changes in project parameters as plans continue to be refined; and fluctuating metal prices and currency exchange rates. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company cautions readers not to place undue reliance on forward-looking statements, as forward-looking statements involve significant risks and uncertainties. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. For further details on the forward-looking statements included in this presentation, see “Cautionary Note Regarding Forward Looking Information” in the preliminary prospectus. DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 3
WINDFALL EMERGING GOLD CAMP Durango owns gold projects in Windfall Lake, QC which is currently the most active Exploration Mining camp in Canada DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 4
Windfall District and Durango Property Locations TROVE PROPERTY DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 5
Windfall Area Gold deposits and styles of Mineralization Property Company Category Tonnes Grade (g/t) Gold (Oz) Windfall Lake Osisko Mining Indicated 4,127,000 9.10 1,206,000 MINERAL RESOURCES Windfall Lake Osisko Mining Inferred 14,532,000 8.40 3,938,000 Barry Pit Bonterra Indicated 7,701,000 1.29 309,500 Barry Pit Bonterra Inferred 10,411,000 1.65 471,950 Gladiator Bonterra Indicated 743,000 8.5 202,000 Gladiator Bonterra Inferred 3,065,000 9.1 897,000 Lac Rouleau Osisko Mining Historical 544,000 7.20 125,925 Name Company Type Comments Osisko Windfall Atypical Intrusion-related Associated with alteration at the lithological boundary of volcanics and porphyry dykes Mining Alteration extends 20m from dykes. Hosted in a shear zone in mafic volcanics with abundant mafic dykes Bonterra Structurally controlled in Barry and quartz and feldspar porphyry masses. Gold in quartz-carbonate-albite-pyrite veins associated with Resources typical orogenic gold veins sheared zones Hosted in a highly silicified and altered sheared mafic volcanic, locally exhibiting intrusions of syenite and Gladiator/ Bonterra Atypical Intrusion-related quartz porphyry. Smoky quartz vein hosted with tourmaline and chlorite occupying fractures. Veins Arena/Spartacus Resources mostly occurring at interface of units of differing hardness Au-rich shear zones - Lac Rouleau Osisko Silicified breccia zone in felsic volcanic rocks. Locally rich ankerite and disseminated sulfides with quartz- Structurally controlled in (Zone 18) Mining albite-carbonates-tourmaline-fuchsite and mafic to intermediate dykes typical orogenic gold veins Felsic to mafic volcanic and volcano sedimentary lithological rock units with local younger felsic to mafic Osisko Structurally controlled in intrusives. A major structure hosts mineralization characterized by strong brecciation and intense Nubar-Souart typical orogenic gold veins tourmaline alteration, this structure hosts numerous subvertical auriferous quartz-carbonate-tourmaline Mining veins and mineralization. 6 DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com
Windfall Exploration Drill Targets and Property Highlights • Trove Property in Windfall Lake surrounded by Osisko Mining (TSX-OSK) • Intersection of two gold bearing faults: the Rouleau and the Barry • Gold and other Geochemical anomalies found in humus and tills • Coincident Geophysical anomalies in both Airborne Mag and IP NEXT STEPS • Trenching and Drilling of 15 targets delineated within 4 high priority zones • Further review and definition of the East Barry drill targets and other Durango properties in Windfall Camp DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 7
Windfall Area Regional Geology DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 8
Trove Gold and Silver in Tills DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 9
Durango Planned Drill Holes IP and Resistivity over MAG DGO: TSX-V 8GA1: Frankfurt AROXF: OTCQB www.durangoresourcesinc.com 10
Trove Proposed Drilling DGO: TSX-V 8GA1: Frankfurt AROXF: OTCQB www.durangoresourcesinc.com 11
Recommendation of Windfall Exploration Phase I Drilling Next Steps • Trenching and Drilling of the 15 priority drill targets • Further review and definition of the East Barry drill targets • Budget of $1M for Phase I drilling • Finance by flow-through offering DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 12
Corporate Snapshot Marcy Kiesman, CPA, CMA Share Structure Director & CEO 15+ years public mining company management Common Shares 42,228,000 experience (February 05, 2020) Options 3,400,000 Joanne Freeze, P. Geo. Independent Director Warrants 8,488,044 40 years exploration experience; current CEO of Candente Gold Corp. & Candente Copper Corp. Fully Diluted Shares 53,116,044 Melanie Mackay, P. Geo. Independent Director Total Insider Holdings* 40% 15+ years geological mining experience Top Shareholders: Twila Jensen Marcy Kiesman 15.9% Independent Director 20+ years public market advertising experience Other Directors & Officers 2.2% Thea Koshman, LLB Friends & Family 24.1% Independent Director *Figures calculated on a partially diluted basis 20+ years public mining company experience DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 1 3
Osisko’s Drilling around Trove Property DGO: TSX-V 8 6 A1: Frankfurt A T OXF: OTCQB www.durangoresourcesinc.com 14
Trove Detailed Geology Amphibolites Mafic Volcanics Granodiorite Hornblende paragneisse/ orthogneisse DGO: TSX-V 8GA1: Frankfurt AROXF: OTCQB www.durangoresourcesinc.com 15
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