Durango Capital Corp.
TSX VENTURE : DGO

Durango Capital Corp.

January 24, 2008 13:30 ET

Durango 2007 Review and 2008 Exploration Plan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Durango Capital Corp. (TSX VENTURE:DGO) ("Durango" "the Company") is pleased to provide investors with a summary of 2007 exploration activities and an overview of the Company's plans for the 2008 exploration season.

With the completion of the Kitsault Resources acquisition in fall 2007, Durango controls over 600 sq km of land in one of British Columbia's most prospective mineral exploration districts. The new Durango management team completed a $1.79 million flow-through and non flow-through financing and moved immediately to expand and consolidate its land position through acquisition and joint venture of properties of merit contiguous to the original Kitsault property.

Work completed in 2007 included extensive helicopter-supported prospecting and sampling over five of the highest priority target areas in the Hastings Project licence. This work produced one new drill target, discovered the new St David intrusive centre with anomalous levels of copper, and confirmed and advanced two geochemical anomalies identified in historical records. It also contributed significantly to the company's interest in certain properties its licence surrounds, which culminated in the execution of the two option agreements discussed below. Sampling and geophysical work planned to for late spring 2008 is intended to bring the St David intrusive as well as the two advanced geochemical targets to drill-ready status by the end of the summer. This work will be undertaken in parallel to drilling of the target mentioned above, and three other drill targets described below.

In August the Company entered into an option agreement with two private landholders to acquire a 100% interest in the FH property. The FH property is located within the existing Durango land package and is easily accessed from Alice Arm and Kitsault village. The FH property appears to host alkalic porphyry copper-gold mineralization known to occur in this region. The San Diego prospect on the FH property is a high priority drill target for the 2008 season. For details of the terms of the acquisition, please see the Company web site.

In November 2007, the Company signed an option agreement with Dolly Varden Resources Inc. to acquire a 66 2/3% interest in seven mineral claims commonly known as the Big Bulk project. The Big Bulk project is located within the Durango property boundary and is bordered to the east by TeckCominco. The Big Bulk project is considered to be highly prospective for copper-gold porphyry deposits and, like the FH property, is best accessed from Alice Arm and Kitsault village. Surface mapping and sampling and limited diamond drilling have demonstrated that the intrusive rocks at Big Bulk are spatially associated with large areas of alteration and enhanced levels of gold, copper and other elements characteristic of porphyry copper-gold deposits. The Company also announces that the previously announced option agreement to acquire the Big Bulk project from Dolly Varden Resources Inc. is not subject to the approval of the TSX Venture Exchange and as such the first property payment in the amount of $100,000 was made on January 2, 2008. For details of the terms of the option agreement, please see the Company web site.

Exploration Plan 2008

Durango intends to follow up its successful 2007 exploration season by beginning the 2008 season as soon as weather permits, focusing on an extensive drilling program and continuing geochemical, geophysical and mapping surveys to delineate new drilling targets.



Drilling Targets

FH Property

Target - San Diego copper-gold porphyry system
Plan - Drill test target with 1,500-3,000 metres diamond drilling
Ownership - 100%

Big Bulk Properties

Targets - Two distinct targets of Copper-Gold Porphyry or Epithermal Gold
mineralisation within the greater Big Bulk intrusive centre
Plan - Better define targets already identified in historical reports
with geophysics and channel sampling, followed by 1,500-5,000 metres
diamond drilling
Ownership - 66 2/3% option from joint venture partner Dolly Varden
Resources

Gold Creek

Target - 400m by 250m gold in soil anomaly with epithermal and VMS
affinities
Plan - Define drill targets with additional sampling and geophysics,
drill test target with 1,000-1,500 metres diamond drilling
Ownership - 100%

Drill Target Delineation

St. David

Target - Copper Gold Porphyry and/or Skarn Copper Gold deposit
Work - Further rock geochemistry and airborne geophysical survey and
mapping

Zulu Silver

Target - Follow up positive results to 2007 sampling, looking for Eskay
Creek-type mineralisation
Work - Further soil geochemistry, rock geochemistry and airborne
geophysical survey and mapping

Esperanza Sliver

Target - Follow up positive results to 2007 sampling, looking for Eskay
Creek-type mineralisation
Work - Further soil geochemistry, rock geochemistry and airborne
geophysical survey and mapping
Reconnaissance Follow-Up

Road

Target - Follow up positive results to 2007 sampling
Work - Further soil geochemistry, rock geochemistry and mapping

Kitgold

Target - Follow up reported copper/gold stream and soil anomaly
Work - Further soil geochemistry, rock geochemistry and mapping;
possible geophysical survey

High Copper

Target - Follow up reported copper/gold stream and soil anomaly
Work - Further soil geochemistry, rock geochemistry and mapping

Illy

Target - Follow up reported silver mineralisation
Work - Further soil geochemistry, rock geochemistry and mapping


Durango president Karl Kottmeier commented "We are looking forward to a very busy and successful year in 2008. We believe that we have a compelling land package with excellent logistics in one of the world's most prolific mineral exploration environments."

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

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