Ms. Marcy Kiesman reports

DURANGO PROVIDES UPDATE ON LIMESTONE PROJECTS NEAR POTENTIAL PETRONAS LNG PROJECT

Durango Resources Inc. has plans to advance its limestone projects near Prince Rupert, B.C., to prepare for the increase in aggregate and limestone required for infrastructure construction related to the potential construction of the Pacific NorthWest LNG (liquefied natural gas) export terminal in Northern British Columbia.

On Sept. 27, 2016, the federal Liberal cabinet conditionally approved construction of the Pacific NorthWest LNG project, a proposed $11.4-billion terminal to export liquefied natural gas in Northern British Columbia.

Durango plans to move forward on its limestone projects near the proposed LNG facility. The company is presently in the final stages of preparation for its upcoming phase 1 exploration program on its limestone properties.

The Globe and Mail report on business stated, on Sept. 27, 2016: "Constructing Pacific NorthWest LNG would be a massive shot in the arm for the B.C. economy. The consortium estimates the total cost at $36-billion by its completion in 2021, including the construction of the liquefaction terminal and pipelines that would connect with natural gas supplies ..." In the same article, Conservative interim leader Rona Ambrose stated, "This is a project that will create thousands of jobs, create billions of dollars in investments, and it is a project that's absolutely necessary for the prosperity of this country."

Marcy Kiesman, chief executive officer of Durango, comments: "Durango is very pleased with the decision from the federal government and looks forward to Petronas determining its path forward for the project. In anticipation, we will be actively moving forward with exploration programs on our limestone projects in the area."

Durango currently holds the past-producing Smith Island limestone project located six kilometres southwest of Lelu Island, which is where Petronas's $36-billion proposed LNG facility is expected to be built. Durango also holds a 320-hectare property called the Mayner's Fortune located 7.5 kilometres southwest of Terrace, B.C., which hosts six mapped subparallel limestone units.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The company has a 100-per-cent interest in the Mayner's Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi region of Quebec, and certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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