“For the past several months, Durango has been hard at work preparing its flagship Claudia Project for a 10,000-meter drill program,” said Durango’s CEO Fernando Berdegué. “We’re excited to announce drilling has now commenced, marking a major step forward for the company.”
Due to the inadvertent inclusion of certain tax and depreciation expenses in its calculations, the Company reported the AISC to be US$489.3 million LOM, and US$1,462 per ounce of gold equivalent. The corrected amounts, as reported in the table below, are US$437 million LOM, and US$1,351 per oz. AuEq.
Sergio Trelles-Monge, Special Geological Advisor in Mexico for Benjamin Mining Corp. states: “Caracahui is the central part of our property, and we’re always happy to see the expansion of the widths and lengths of disseminated and concentrated mineralization. Work is still taking place to produce more exploration targets, and thanks to the great work of our field team, magnificent results like the recent assays have been achieved.”
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