MarketMindset
10時間前
Posted on behalf of Daura Gold - With gold near US$4,120/oz and silver near US$61/oz, DGC.v, DGCOF has been clear about where the leverage now points: Peru's 100%-owned Antonella.
The priority case is straightforward. Antonella is 100%-owned with no insider royalties, roughly 10,600 ha in Ancash region, about 15 km from Barrick's past-producing Pierina mine (district context, not ownership). Surface sampling returned 22.84 g/t gold plus 102 g/t silver at the main zone, and 7.98 g/t gold plus 189 g/t silver at Antonella North (surface grab samples, not intercepts). Fewer than 30% of the veins have been drill tested, with mineralization from surface to about 60 m and open at depth.
The gating item is a long-term community access agreement, which management expects to secure before drilling. Once in hand, the plan runs a high-resolution drone magnetic survey, then geophysics and drill targeting, then a rig for roughly 2,000 to 3,000 m, weather and permitting dependent.
In Argentina, Cerro Bayo Phase 2 step-out drilling plus the first-ever drill test at La Flora are lined up for Q3 2026.
For the Antonella surface figures, see the May 13, 2026 news release.
Full details here: https://www.newsfilecorp.com/release/297209
CA Market News
4日前
Daura Gold Announces High-Grade Surface Sampling Results at La Flora Project in ArgentinaJune 29, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the "Company" or "Daura") (the "Company" or "Daura") is pleased to announce high-grade surface sampling results from its La Flora gold-silver project ("La Flora" or the "Project"), located in the prolific Deseado Massif of the Santa Cruz Province, Argentina.The results confirm the presence of potentially significant gold and silver mineralization at surface and further support La Flora's potential as a priority drill target within Daura's exploration projects in Argentina.Highlights include:Surface samples returning up to 63.88 g/t gold and 175.34 g/t silver.Mineralization within the La Flora tenement features four veins within a 100 m wide vein array traced over 380 m. Part of the 1km long outcropping La Flora Vein system.Gold mineralization is associated with As, Sb and Hg, consistent with productive epithermal gold-silver systems in the Deseado Massif.Drill permits submitted, with La Flora expected to be incorporated into the Company's Phase II drilling program planned for Q3 2026.Additional samples include:6.17 g/t Au and 9.29 g/t Ag 4.77 g/t Au and 7.87 g/t Ag4.72 g/t Au and 9.8 g/t Ag3.26 g/t Au and 41.69 g/t Ag"Surface sampling at La Flora has delivered some very high-grade results in the past, so we're encouraged to see more high-grade samples, including visible gold, as we track these veins and refine our drill targeting for this exciting target," said Mark Sumner, CEO and Chairman of Daura Gold. "The La Flora Vein system can be traced over 1km of strike extent and within our tenement, the vein array features four veins with an approximate width of 100 metres. With high grades and visible gold at surface, it represents a very prospective area for our Phase II drill campaign."The surface sampling at La Flora was designed to confirm the grade and continuity of gold-silver mineralization and support drill target definition for the Phase II drilling program.Map 1. Daura Gold's results for the La Flora Vein array sampling.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/303009_fa8b66f8d46da9b5_001full.jpgFig 1. La Flora target and sample with visible gold grading 63.88 g/t Au and 175.34 g/t Ag.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/303009_fa8b66f8d46da9b5_002full.jpgAdvancing Toward Phase II DrillingFollowing the successful completion of the character surface sampling program at La Flora and encouraging results from the Company's inaugural drill campaign at Cerro Bayo, Daura has submitted drill permit applications for La Flora. Subject to permitting timelines, the Company anticipates incorporating La Flora targets into its Phase II drill program scheduled to commence in Q3 2026.Map 2. Map of Cerro Bayo & La Flora Land Packages covering +28,397 ha.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/303009_updated%20lf%20map%202.jpgSatellite Lineament MappingDaura has completed preliminary lineament mapping of the La Flora license area and has identified numerous lineaments considered to be similar to the lineaments seen at the La Flora Vein system. These lineaments will be used as a 1st pass ground truthing exercise in early spring, followed by screening using multidisciplinary exploration techniques including but not limited to geochemical and geophysical tools. Daura has no record of such work being carried out previously and the historical sampling results outside of the La Flora Vein system are sparse. The lineament mapping done to date suggests that there are many features similar to the La Flora Vein system throughout the tenement.Map 3. Historical sample results of the La Flora license area together with satellite imagery interpreted lineaments. The historic sample results have not been verified by Daura and the results should be used as a guide only to previous work.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/303009_fa8b66f8d46da9b5_004full.jpgLa Flora ProjectThe La Flora Project is located in Santa Cruz Province, Argentina, within the prolific Deseado Massif, one of the world's premier Jurassic epithermal precious metals districts. The project comprises a large land package covering multiple mineral concessions and hosts numerous gold-silver bearing structures distributed across a district-scale hydrothermal system.Mineralization is associated with structurally controlled epithermal veins, silicified breccias, and hydrothermal alteration zones developed within Jurassic volcanic and volcaniclastic rocks. Surface sampling has identified multiple gold and silver anomalies, with mineralized structures traced over significant strike lengths and remaining open for further exploration.The La Flora Project benefits from excellent infrastructure and is located approximately 16 kilometres from the Cerro Bayo Project, both hosting multiple epithermal vein targets prospective for high-grade gold and silver mineralization. Daura has the option to earn up to an 80% interest in the La Flora and Cerro Bayo Projects (collectively, the "Projects") pursuant to its option agreement with Latin Metals Inc. (TSXV: LMS) (OTCQB: LMSQF).Deseado Massif: A World-Class Gold-Silver DistrictThe Projects are located within the Deseado Massif, a globally recognized precious metals district that has produced more than 20 million ounces of gold and 600 million ounces of silver since 1990. The region hosts several major mines and deposits, including Newmont's Cerro Negro and Hochschild Mining's San José operations.Technical Information and Quality Control / Quality AssuranceGrab samples were collected by the Company's geologists and the individual samples, bagged, sealed and placed into sealed dispatch bags under the direct supervision of the Company's staff before being dispatched to Alex Stewart International Argentina S.A., Perito Moreno, Santa Cruz, Argentina, an arms-length laboratory, for preparation and analysis. The entire sample was dried and crushed to 75% passing 2mm, with splits pulverized to 95% passing 106 microns.Gold was analyzed by 30g charge Fire Assay, with an Atomic Adsorption finishand over-range samples were subsequently determined by appropriate single element analyses, in accordance with Alex Stewart's standard procedures.The internal quality assurance and quality control (QA/QC) program included the submission of 10% quality control materials including field duplicates, blanks and Certified Reference Material (CRM) standards. Coarse rejects and pulps are retained in secure storage for future verification or testing as required. QA/QC results were reviewed by Geodex Consultants Ltd., a third-party independent consultancy, and were found to be within acceptable limits before being uploaded into Datashed by Geomax Ltd., an independent arms-length database manager. Readers are cautioned that that grab samples are selective by nature and not necessarily indicative of similar mineralization on the Project. There has been insufficient exploration to define a current mineral resource at La Flora and the Company cautions that there is a risk further exploration will not result in the delineation of a current mineral resource.Qualified PersonStuart Mills, M.Sc., is the Company's qualified person as defined by National Instrument 43-101-Standards of Disclosure for Mineral Projects and has reviewed, verified and approved the scientific and technical information that forms the basis for portions of this news release. No limitations or failures to verify were identified. Mr. Mills is not independent of the Company, as he is the Company's Vice President of Exploration.ABOUT DAURA GOLD CORP.Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and development of high-impact gold and silver assets in South America.In Peru, the Company holds a 100% undivided interest in over 18,000 hectares of mineral concessions in the prolific Ancash region, including the 10,600-hectare Antonella-Libelulas Project, which is the primary focus of ongoing exploration activities.In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an 80% interest in the Projects, located in the prolific Deseado Massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and Cap Oeste. The Projects benefit from established infrastructure, strong community support, and active exploration programs, including drilling and IP geophysical surveys. Daura successfully completed its first drill program in Q2 2026 and is expecting to commence Phase II drilling in Q3 2026, including the La Flora targets. ON BEHALF OF THE BOARDMark Sumner
Chairman & CEOFor further information please contact:Kaitlin Taylor, Investor Relations
investors@dauragold.com William T.P. Tsang, CFO and Secretary
(604) 669-0660
btsang@seabordservices.comCAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION:Information set forth in this news release contains forward-looking statements, including, without limitation, the anticipated timing of the Phase II drill program at the Project; and other statements regarding the Company's exploration and development plans and operations. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: risks that the Company may not be able to undertake its Phase II drill program at the Project as anticipated, or at all; future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. 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. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303009 Original: Daura Gold Announces High-Grade Surface Sampling Results at La Flora Project in Argentina
MarketMindset
1週前
Daura Gold (C$22.5M MCAP): Two High-Grade Gold-Silver Shots on Goal with 2026 Drilling Catalysts in Peru & Argentina
Posted on behalf of Daura Gold Corp.- Investor Insights: Daura Gold Corp.
High-Grade Gold & Silver Exploration Across Peru and Argentina
A recent Resource Talks interview with Daura Gold CEO Mark Sumner provided a comprehensive overview of the company's strategy, project portfolio, permitting progress, financing position, and upcoming catalysts.
At a market capitalization of approximately C$22.5 million, Daura Gold is advancing two distinct high-grade precious metals opportunities: the Antonella Project in Peru and the Cerro Bayo–La Flora Project in Argentina. While investors remain focused on drilling at Antonella, management emphasized that both projects have the potential to create significant value over the coming years.
The Core Strategy: Two Shots on Goal
Daura's strategy is not to spread capital equally across multiple assets. Instead, management views Antonella and Cerro Bayo–La Flora as the company's two primary value drivers.
While the company also controls the Yanamina and Tayacoto projects in Peru, management made clear that those assets currently play a secondary role. The majority of technical and financial resources are being directed toward advancing Antonella and expanding the Cerro Bayo opportunity.
The rationale is straightforward: maintain exposure to two high-quality precious metals districts while reducing reliance on a single exploration outcome.
Antonella: The Flagship Project
Antonella sits within Peru's prolific Cordillera Negra epithermal belt, approximately 5 km from Highlander Silver's San Luis Project.
Management repeatedly highlighted that Antonella remains the company's primary focus and the project that investors are most eagerly awaiting.
Why Antonella Matters
Several factors make Antonella stand out:
• Located in a proven high-grade district that has attracted significant industry attention.
• Historical drilling returned encouraging gold-silver intercepts despite limited testing.
• Less than 30% of known veins have been drill tested.
• Multiple vein corridors remain open and largely unexplored.
• The project has never been systematically evaluated using modern exploration methods.
Management noted that the original 2011 drilling program was essentially a scout campaign that successfully identified mineralization but left substantial upside untouched.
The Main Obstacle Has Never Been Geology
According to Sumner, the primary challenge in the district has historically been community relations rather than geology.
The nearby San Luis Project experienced more than a decade of community-related delays before agreements were reached and drilling resumed.
Daura believes the geological potential is exceptional, describing the district as "God's country" for epithermal gold-silver exploration.
The company is currently working toward securing a long-term community access agreement, which is required before advancing drilling permits and major field programs.
What Happens After Community Agreements?
Once access agreements are secured, management outlined a clear path forward:
Conduct a high-resolution drone magnetic survey across the project.
Refine structural interpretations beneath covered areas.
Finalize drill targeting.
Advance toward maiden drilling.
Importantly, management indicated that Antonella is not years away from drilling.
The remaining work is measured in months rather than years.
Can Antonella Be Drilled This Year?
Management stated that drilling remains a possibility before the end of 2026.
The goal would be to mobilize rigs before late November, potentially allowing 2,000–3,000 metres of drilling before seasonal weather limitations arrive.
While management stopped short of guaranteeing drilling this year, the objective remains firmly intact.
How Big Could Antonella Become?
While emphasizing the early-stage nature of the project, management outlined its long-term vision.
The company referenced external analysis suggesting nearby Bonita-style mineralization could potentially support a million-ounce-scale system.
Daura's internal objective is larger:
• Multi-million-ounce discovery potential.
• Multiple vein corridors.
• High-grade epithermal gold-silver mineralization.
• District-scale upside across the broader land package.
Management suggested that 2–3 million ounces would represent an ideal long-term outcome.
What Size Deposit Would Matter?
When asked what would constitute a meaningful discovery, management stated that:
• 500,000 ounces would likely be the minimum threshold to attract serious acquisition interest.
• Multi-million-ounce potential is the ultimate target.
This provides investors with a useful framework for evaluating future drill results.
Cerro Bayo–La Flora: The Near-Term Catalyst Machine
While Antonella attracts most investor attention, Cerro Bayo–La Flora may provide the most immediate news flow.
The Phase 1 drill program confirmed a large epithermal system and generated enough encouragement for management to immediately commit to a Phase 2 campaign.
Management stated unequivocally that Phase 2 drilling will proceed.
Why Management Was Encouraged By Phase 1
The market reaction to initial drill results was muted, but management viewed the program differently.
Key points:
• Only 1,500 metres were drilled.
• The land package covers nearly 30,000 hectares.
• More than 10 targets have been identified.
• Several targets remain completely untested.
Management argued that hitting meaningful gold and silver mineralization during such an early-stage campaign validated the exploration model.
Notably, the company identified promising follow-up opportunities at both the Ingrid and Elena targets.
La Flora May Be The Most Important Target
Management repeatedly emphasized La Flora as potentially the most exciting target on the property.
Highlights include:
• Multiple vein corridors mapped over more than 2 kilometres.
• Surface samples returning up to 82 g/t gold.
• Silver values up to 1,250 g/t.
• Visible gold observed at surface.
Perhaps most importantly, La Flora was not drill tested during Phase 1 due to permitting limitations.
The target is expected to be included in the next drill campaign.
What Must Phase 2 Deliver?
Management outlined three key objectives:
Expand and follow up on the encouraging mineralization identified at Ingrid.
Further evaluate high-grade gold intercepts at Elena.
Conduct the first-ever drilling at La Flora.
Success in any of these areas could significantly improve the market's perception of the project.
Which Project Has Better Odds?
Interestingly, management acknowledged that investor attention remains overwhelmingly focused on Antonella.
The reasons include:
• Proximity to Highlander Silver's San Luis Project.
• Strong district pedigree.
• Existing drill results.
• Significant industry attention surrounding neighboring discoveries.
However, management also suggested that Cerro Bayo–La Flora may possess greater district-scale exploration potential due to its size, target inventory, and underexplored nature.
Rather than choosing between the two, Daura believes shareholders benefit from exposure to both.
Financial Position
The company raised approximately C$7 million in October 2025.
Management indicated that Daura remains adequately funded to advance current exploration plans and Phase 2 drilling in Argentina.
The company continues to evaluate financing opportunities but remains focused on maximizing exploration success rather than rushing back to the market.
Insider Alignment
Several points stood out regarding management alignment:
• CEO Mark Sumner owns approximately 4 million shares.
• Shares were purchased rather than granted.
• Management stated there are no "free shares" within the insider group.
• No insiders hold royalties on Antonella or the core Peru projects.
• The company currently has no change-of-control ("golden parachute") agreements.
Management repeatedly emphasized that insider success is tied primarily to appreciation in the share price.
Key Catalysts To Watch
Near-Term
• Community access agreement at Antonella.
• High-resolution drone magnetic survey.
• Additional mapping and targeting work.
• Cerro Bayo Phase 2 drill planning.
Medium-Term
• Maiden drill program at Antonella.
• Phase 2 drilling at Cerro Bayo–La Flora.
• First drill testing of La Flora.
Longer-Term
• Potential resource definition drilling.
• Additional discoveries across both districts.
• Advancement of Yanamina and Tayacoto.
Bottom Line
The interview highlighted a company transitioning from project assembly into active discovery mode.
Antonella remains the flagship asset and the catalyst most investors are waiting for, but Cerro Bayo–La Flora may generate the most immediate news flow through Phase 2 drilling.
The central investment thesis rests on two district-scale precious metals opportunities located in proven mining jurisdictions, supported by an experienced management team that has maintained meaningful ownership and remains focused on advancing both projects toward discovery.
For investors, the next major milestones are clear: community agreements and drill permits at Antonella, followed by continued drilling and target expansion at Cerro Bayo–La Flora.
theRupertPupkin
2週前
Posted on behalf of Daura Gold -
In an interview with Resource Stock Digest's Gerardo Del Real, DGC (TSXV: DGC, OTC: DGCOF) Chairman and CEO Mark Sumner walked through where the company sits today: an explorer with a freshly confirmed discovery in Argentina and a drill pipeline lining up behind it. With gold around US$4,200/oz and silver near US$65/oz, the backdrop for high-grade exploration in a proven district is about as constructive as it gets.
Cerro Bayo sits in Argentina's Deseado Massif, a district that has produced 600M+ oz silver and 20M+ oz gold since 1990, host to mines like Newmont's Cerro Negro and Hochschild's San José.
The Phase 1 assays, released May 21, 2026, were Daura's first systematic drill test of the property:
- 18 diamond holes, about 1,850 m, across 10 priority targets over 28,397 hectares.
- Confirmed a large low-sulphidation epithermal gold-silver system, with mineralization open along strike at all targets.
- CBD26-012: 1.95 m at 8.83 g/t gold.
- CBD26-005: 1.8 m at 739 g/t silver (0.33 g/t gold), within a broader 15.0 m at 1.90 g/t AuEq.
- CBD26-001: 16.35 m at 1.72 g/t AuEq, including 3.60 m at 6.3 g/t AuEq.
- Broad near-surface silver zones the company flags as potential for bulk-tonnage mineralization around higher-grade feeder structures at depth. (AuEq = gold + silver/66.)
The part to keep an eye on is the Phase 2 program planned for Q3 2026:
- Step-out and extension holes to test continuity on the zones Phase 1 opened up, plus targets not yet drilled.
- Initial drill testing at La Flora, a high-grade vein system where visible gold and bonanza-grade surface samples (up to 82 g/t gold and 1,239 g/t silver) have turned up at surface, with that initial drilling targeted for Q3/Q4 2026. (See May 21, 2026 NR.)
Behind that sits the rest of the pipeline: the high-grade Antonella project in Peru's Ancash region (surface sampling up to 22.84 g/t gold and 102 g/t silver), near Barrick's past-producing Pierina mine, plus a Geomorphic AI targeting platform Sumner frames as the technical edge for ranking targets and vectoring the drill bit.
With the system confirmed, mineralization still open along strike, and Phase 2 set to step out across both Cerro Bayo and La Flora, Daura heads into the back half of 2026 with a real catalyst sequence.
Full interview here:
CA Market News
1月前
Daura Gold Intersects High-Grade Gold & Silver Mineralization and Confirms Large Epithermal System from Phase One Drilling at Cerro BayoMay 21, 2026 7:30 AM
NewsfileHighlightsMultiple gold and silver intercepts returned from initial drilling at Cerro Bayo, with broad zones of near-surface silver mineralization encountered across multiple target areas.CBD26-001 returned 16.35 metres (m) @ 1.72 g/t gold-equivalent (AuEq), including 3.60 m @ihub_tutorial returned 15.0 m @ihub_tutorial, a high-grade silver interval returned 739 g/t Ag and 0.33 g/t Au over 1.8 m. Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the "Company" or "Daura") is pleased to report assay results from its phase one diamond drill program ("Phase One") at the Cerro Bayo project located in the prolific Deseado Massif of Santa Cruz Province, Argentina ("Cerro Bayo").The 1,850-metre program comprised 18 diamond drill holes testing 10 priority targets across the 28,397-hectare property. Significant gold and silver mineralization was intersected in multiple holes during this first-pass drill campaign, including several higher-grade intervals that demonstrate the potential of the epithermal system."The Cerro Bayo and La Flora license areas form part of a very large hydrothermal field spanning more than 400 km² within the Deseado Massif, where multiple target areas identified by previous operators remained effectively untested by drilling," stated Stuart Mills, VP Exploration at Daura Gold. "Phase One drilling successfully intersected broad zones of near-surface silver mineralization and higher-grade gold-silver intervals across multiple target areas, validating several key aspects of our geological model during Daura's preliminary drill campaign."Highlight InterceptsHole CBD26-001:16.35 m at 1.72 g/t AuEq* (0.37 g/t Au, 88.96 g/t Ag) from 28.85 m; including3.60m at 1.43g/t gold (Au) and 321.7 g/t Ag (6.3 g/t AuEq) from 36.05 m.Hole CBD26-005:15.00 m at 1.90 g/t AuEq* (0.07 g/t Au, 120.8 g/t Ag) from 58.7 m; including2.00m at 0.11 g/t Au and 427.4 g/t Ag (6.6 g/t AuEq) from 63.70 m, and1.70m at 0.16 g/t Au and 120.72 g/t Ag (2.0 g/t AuEq) from 68.30 m.3.60 m at 6.08 g/t AuEq* (0.18 g/t Au, 389.88 g/t Ag) from 86.4 m, including1.80m at 0.33 g/t Au and 739.53 g/t Ag (11.53 g/t AuEq) from 86.40 m.Hole CBD26-012:11.95m at 2.1 g/t AuEq (2.0 g/t Au, 6.8 g/t Ag) from 11.45 m, including 1.95m at 8.83 g/t Au and 18.86 g/t Ag (9.1 g/t AuEq) from 17.15 m. See Notes to Intercepts Table & Highlights Additionally, broad zones of silver mineralization were encountered from surface in multiple holes, including:CBD26-001: 43.1 m at 44.3 g/t Ag; andCBD26-005: 34.1 m at 23.2 g/t Ag.The broad near-surface mineralization encountered across multiple target areas supports the presence of a large and well-developed epithermal gold-silver system at Cerro Bayo, with potential for both shallow bulk-tonnage mineralization and higher-grade feeder structures at depth. The Company is continuing to refine targets and compile results in preparation for Phase Two drilling.Mr. Mills continues, "Daura's strategy has been to drill early while continuing to systematically refine and generate new targets across the district. Drilling successfully intersected low sulphidation epithermal veins and breccias associated with higher-grade gold and silver intervals across multiple target areas, confirming several key aspects of our geological model. Importantly, the scale and continuity of mineralization encountered suggest we are vectoring into a well-developed hydrothermal system with only our first phase of drilling. These drill results significantly enhance our confidence in the broader discovery potential at Cerro Bayo and we relish the opportunity to continue systematic, results-driven exploration."Map 1: Concession map of Cerro Bayo with collar locations of Significant Drill Intercepts (Table 1). To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/298335_figure1.jpgTable 1. Significant Drill Intercepts DrillholeFrom (m)To (m)Thickness (m)^Gold (g/t) †Silver (g/t) †Gold
Equivalent
(g/t)‡*
CBD26-00116.019.753.750.06331.5.050and28.8545.216.350.36989.01.72including36.0539.653.601.430321.76.3
CBD26-005014.0140.03730.705and15.9517.21.250.10030.70.6and2324.951.950.33015.20.6and30.634.13.50.09246.00.8and58.773.7150.074120.81.9including63.765.720.110427.46.6including68.370.01.70.160120.721.99and86.4903.60.175389.86.08including86.488.21.80.330739.5311.53
CBD26-01030.2530.550.30.43013.40.6and34.635.751.150.07047.00.8
CBD26-011103103.750.750.60039.01.2
CBD26-0123.14.31.20.6605.60.7and11.4523.411.952.0006.82.1including17.1519.101.958.8318.869.12including22.523.40.91.2102.71.3and33.335.852.550.5260.00.6and67.75680.251.0200.01.1
CBD26-01575.8760.20.140165.02.6and114.8117.352.550.06332.60.6
CBD26-0172424.350.351.4604.51.5
CBD26-01869.270.150.950.4700.00.5 Notes to Intercepts Table & Highlights ‡ *Gold equivalent (AuEq)* = Au + (Ag / 66) †. Assumes a recovery of 80% Ag and 100% Au given the project is early stage and there is no metallurgical test work to date. † Ag conversion uses a factor of 66, based on conservative, arbitrary Au & Ag prices, plus reduced Ag recoveries ^ Intersect lengths are recorded core lengths as true widths are not known at this time. * The potential quantity and grade is conceptual in nature as there has been insufficient exploration to define a mineral resource in the area and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.Image 1. Hole CBD26-001, from 38 m to 39.6 m: 1.65 g/t Au and 321 g/t Ag.
Description: Multi-phase hydrothermal breccias with a dark grey, micro-sulphide matrix (inset photo)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/298335_497114f4f46618b9_002full.jpgImage 2. Hole CBD26-005, from 86.4 m to 88.2 m: 0.33 g/t Au and 739 g/t Ag.
Description: Dark grey disseminated blebs of sulphides within a felsic volcaniclastic, cut by quartz carbonate veinlets containing ruby silver sulphosalts (inset photo)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/298335_497114f4f46618b9_003full.jpgImage 3. Hole CBD26-012, from 17.15 m to 19.1 m: 8.83 g/t Au and 18.86 g/t Ag.
Description: Attritional, matrix supported hydrothermal breccia with a dark grey micro-sulphide matrix (inset photo)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/298335_497114f4f46618b9_004full.jpgPhase Two Drilling & Exploration ProgramPhase Two drilling at Cerro Bayo envisages step-out drilling from Phase One target tests and preliminary drill testing of recently generated targets that have been developed as part of the ongoing, systematic generative exploration program. The parallel advancement of both target generation, initial drilling and follow-up drilling is designed to create a sustained exploration pipeline with multiple opportunities for discovery across Daura's growing Argentine portfolio.At the La Flora project ("La Flora"), drill permit applications have been submitted, and the Company remains on track for an initial drill program during Q3/Q4 2026. La Flora represents an additional high-priority exploration opportunity where high-grade vein systems and visible gold have been identified at surface (see inset in Map 1).QA/QC and Analytical ProceduresAll of the drill core was split in half using a diamond saw and logged by the Company's geologist on site who outlined the intervals to be sampled. The maximum sample length is approximately 2 meters, and sample lengths are adjusted according to lithological and/or mineralogical contacts.Half drill core samples were collected under the supervision of the Company's geological team and samples were transported by the Company to Alex Stewart Laboratories ("ASI") in Perito Moreno, Santa Cruz, Argentina. The samples were dried, crushed to 80% passing 10 mesh, rotary split before being pulverized to 95% passing 106 microns pulp.Gold and silver analyses were completed in Perito Moreno using 30 g Fire Assay with Atomic Absorption finish, with over-range analyses subsequently determined by appropriate single element analyses, in accordance with ASI's standard procedures. An aliquot of the pulp reject was shipped to ASI's Mendoza laboratory for multi-element analysis consisting of aqua regia digestion and a 42-element suite analyzed by Inductively Coupled Mass Spectrometry (ICP-MS). The internal quality assurance and quality control (QA/QC) program included the submission of 10% quality control materials including field duplicates, blanks and Certified Reference Material (CRM) standards. Coarse rejects and pulps are retained in secure storage for future verification or testing as required. QA/QC results were reviewed by Geodex Consultants Ltd., a third-party independent consultancy, and were found to be within acceptable limits before being uploaded into Datashed by Geomax Ltd., an independent arms-length database manager.The Company is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.Qualified PersonStuart Mills, M.Sc., is the Company's qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed, verified and approved the scientific and technical information that forms the basis for portions of this news release. No limitations or failures to verify were identified. Mr. Mills is not independent of the Company, as he is the Company's Vice President of Exploration.ABOUT DAURA GOLD CORP.Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and development of high-impact gold and silver assets in South America.In Peru, the Company holds a 100% undivided interest in over 16,600 hectares of mineral concessions in the prolific Ancash region, including the 900-hectare Antonella target and the 2,900 hectares of contiguous concessions at Libélulas, which is the primary focus of ongoing exploration activities. In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an 80% interest in the Cerro Bayo / La Flora Projects, located in the prolific Deseado Massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and Cap Oeste. The Cerro Bayo / La Flora Projects benefit from established infrastructure, strong community support, and active exploration programs, including drilling and IP geophysical surveys. Daura has completed its first drill program and announced assay results on May 21, 2026. ON BEHALF OF THE BOARDMark Sumner
Chairman & CEOFor further information please contact:Kaitlin Taylor, Investor Relations
investors@dauragold.com William T.P. Tsang, CFO and Secretary
(604) 669-0660
btsang@seabordservices.comCAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION:
Information set forth in this news release contains forward-looking statements, including, without limitation, the epithermal system at Cerro Bayo, including, without limitation, the potential for shadow bulk-tonnage mineralization and for higher-grade feeder structures at depth, the Company's initial drilling at La Flora, including, without limitation, the status of the drill permit applications that have been submitted and the anticipated timing of the initial drill program, the discovery potential at Cerro Bayo, the Company's operational plan for systematic, results-driven exploration, the anticipated timing for the Phase Two drilling program at Cerro Bayo and the benefits of the parallel advancement of both target generation, initial drilling and follow-up drilling, being the creation of a sustained exploration pipeline with multiple opportunities for discovery across Daura's growing Argentine portfolio. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: risks that the benefits expected from the epithermal system at Cerro Bayo, including, without limitation, the potential for shadow bulk-tonnage mineralization and for higher-grade feeder structures at depth, may not be realized as anticipated, or at all; risks that the Company may not be able to initiate its drilling at La Flora as anticipated, or at all; risks related to the status of the La Flora drill permit application; risks that the discovery potential of Cerro Bayo may not be realized as anticipated, or at all; risks that the Company's operational plans for systematic, results-driven exploration may not be completed as anticipated, or at all; risks that the Company may not be able to initiate its Phase Two drilling program at Cerro Bayo as anticipated, or at all; risks that the Company may not be able to realize the benefit of creating a sustained exploration pipeline with multiple opportunities for discovery across Daura's growing Argentine portfolio from the Company's parallel advancement of both target generation, initial drilling and follow-up drilling as anticipated, or at all; future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. 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. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298335 Original: Daura Gold Intersects High-Grade Gold & Silver Mineralization and Confirms Large Epithermal System from Phase One Drilling at Cerro Bayo
CA Market News
2月前
Daura Gold Expands Antonella-Libelulas Project in PeruMay 13, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the "Company" or "Daura") is pleased to announce the strategic expansion of the Company's flagship Antonella-Libelulas Project in Ancash, Peru by staking two new claims in the district-Libelulas 25 and Libelulas 26-further expanding its footprint by 2,000 hectares.The newly staked Libelulas 25 and Libelulas 26 concessions expand Daura's land position east of the Antonella target by approximately 2,000 hectares. The Antonella-Libelulas Project now covers approximately 10,600 hectares in the Ancash region of Peru and hosts several priority exploration targets, including Antonella, Antonella North and Libelulas.The Antonella-Libelulas Project forms part of Daura's broader Ancash land package, which spans more than 18,000 hectares and also includes the Tayacoto and Yanamina Projects. "This was an excellent opportunity for Daura to meaningfully expand our land position in this highly prospective district," stated Mark Sumner, Chairman and CEO of Daura Gold. "The new concessions, strengthens our control over the eastern extension of the key mineralized structural corridor at Libelulas. Located approximately 6 km from Highlander Silver's Bonita target and 15 km southwest of Barrick's past-producing Pierina mine, these claims further position Daura within one of Peru's most prolific gold-silver districts. With multiple targets emerging, and positive community engagement, we are actively advancing the project with the goal of commencing drilling at Antonella at the earliest opportunity."Map 1. The Antonella-Libelulas Project (including key targets Antonella, Antonella North, & Libelulas) and the Tayacoto Project cover 12,600 ha.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/297209_115c059c845c6b44_001full.jpgMap 2. Map of Daura Golds Ancash Land Package covering +18,124 ha.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/297209_115c059c845c6b44_002full.jpgThe new Libelulas 25 and Libelulas 26 claims were acquired through direct application with INGEMMET, Peru's mining concession authority.Qualified PersonStuart Mills, M.Sc., is the Company's qualified person as defined by National Instrument 43-101-Standards of Disclosure for Mineral Projects and has reviewed, verified and approved the scientific and technical information that forms the basis for portions of this news release. No limitations or failures to verify were identified. Mr. Mills is not independent of the Company, as he is the Company's Vice President of Exploration.ABOUT DAURA GOLD CORP.Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and development of high-impact gold and silver assets in South America.In Peru, the Company holds a 100% undivided interest in over 18,000 hectares of mineral concessions in the prolific Ancash region, including the 10,600-hectare Antonella-Libelulas Project, which is the primary focus of ongoing exploration activities.In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an 80% interest in the Cerro Bayo / La Flora Projects, located in the prolific Deseado Massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and Cap Oeste. The Cerro Bayo / La Flora Projects benefit from established infrastructure, strong community support, and active exploration programs, including drilling and IP geophysical surveys. Daura has completed its first drill program and is expecting results in Q2 2026. ON BEHALF OF THE BOARD
Mark Sumner
Chairman & CEOFor further information please contact:Kaitlin Taylor, Investor Relations
investors@dauragold.com William T.P. Tsang, CFO and Secretary
(604) 669-0660
btsang@seabordservices.comCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:Information set forth in this news release contains forward-looking statements, including, without limitation, the anticipated benefits from staking the Libelulas 25 and Libelulas 26 claims; the anticipated timing for the assay results from the Company's first drill program at Cerro Bayo; and statements regarding the Company's exploration and development plans and operations. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: risks that the Company may not be able to realize the benefits from staking the Libelulas 25 and Libelulas 26 claims as anticipated, or at all; risks that the Company may not obtain the assay results for the first drill program at Cerro Bayo as anticipated, or at all; future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. 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. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297209 Original: Daura Gold Expands Antonella-Libelulas Project in Peru
CA Market News
2月前
Daura Gold Advances Option to Phase Two Drilling at Cerro Bayo and La FloraMay 7, 2026 7:30 AM
NewsfileDaura Gold progresses two high-grade gold-silver projects in the Deseado Massif as initial drilling strengthens confidenceInitial Cerro Bayo drill program completed; assays pendingLa Flora permits submitted and drill testing planned in the second phase in Q3/Q4 2026Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the "Company" or "Daura") is pleased to announce that it has advanced its previously announced option (see news release dated November 3, 2025) to Phase Two drilling at the Cerro Bayo gold-silver project ("Cerro Bayo") and La Flora gold-silver project ("La Flora" and together with Cerro Bayo, the "Projects") in Santa Cruz Province, Argentina, pursuant to its option agreement with Latin Metals Inc. ((TSXV: LMS) (OTCQB: LMSQF) ("Latin Metals")).Phase Two marks an important step in Daura's exploration strategy within the prolific Deseado Massif and reflects the Company's growing confidence in the geological potential emerging from its partnership with Latin Metals.This milestone follows completion of Daura's inaugural drill program at Cerro Bayo, while the Company's initial drilling at La Flora is targeted for Q3/Q4 2026."Undertaking Phase Two at Cerro Bayo and La Flora reflects our growing conviction in the potential of these Projects and the encouraging progress we continue to see in the field," said Mark Sumner, Chairman and CEO of Daura Gold. "While we await final assay results from our Phase One drill program at Cerro Bayo, the work completed to date has strengthened our confidence in the system and the broader opportunity emerging across the district. Advancing La Flora alongside Cerro Bayo provides Daura with another compelling opportunity to test a high-grade vein system with visible gold identified at surface."Cerro Bayo Phase One of drilling at Cerro Bayo, totaled 18 holes across 10 priority targets for approximately 1,850 metres including three additional step-back holes at the Ingrid, Elena and Eugenia target areas (See Figure 1). The Company is currently awaiting assay results, which are expected in the coming weeks. La FloraAt La Flora, drill permit applications have been submitted, and the Company remains on track for a Q3/Q4 2026 initial drill test, expected to coincide with Phase Two drilling at Cerro Bayo.Phase Two ExplorationPhase Two drilling envisages step-out drilling from Phase 1 target tests and preliminary drill testing of recently generated targets that have been developed as part of the ongoing, systematic generative exploration program. The parallel advancement of both target generation, initial drilling and follow-up drilling is designed to create a sustained exploration pipeline with multiple opportunities for discovery across Daura's growing Argentine portfolio.Figure 1: Historical Rock Chip Sample Map of the Cerro Bayo and La Flora projects in Santa Cruz, Argentina. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/296360_04c8cd90847fe9d3_001full.jpgFigure 2. Map of the La Flora Project showing the Historical Rock Chip results for the highest-grade Au and Ag.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6523/296360_04c8cd90847fe9d3_002full.jpgSee the details of Daura's option agreement on Cerro Bayo and La Flora in the Company's news release dated November 3, 2025 (Cerro Bayo News Release).Qualified PersonStuart Mills, QP is the Company's qualified person as defined by NI 43-101 and has reviewed, verified and approved the scientific and technical information that forms the basis for portions of this news release. No limitations or failures to verify were identified. Mr. Mills is not independent of the Company, as he is the Company's Vice President of Exploration.ABOUT DAURA GOLD CORP.Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and development of high-impact gold and silver assets in South America.In Peru, the Company holds a 100% undivided interest in over 16,600 hectares of mineral concessions in the prolific Ancash region, including the 900-hectare Antonella target and the 2,900 hectares of contiguous concessions at Libélulas, which is the primary focus of ongoing exploration activities.In Argentina, Daura has entered into a binding letter agreement with Latin Metals to earn up to an 80% interest in the Projects, located in the prolific Deseado Massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and Cap Oeste. The Projects benefit from established infrastructure, strong community support, and active exploration programs, including drilling and IP geophysical surveys. Daura has completed its first drill program at Cerro Bayo and is expecting results in Q2 2026. ON BEHALF OF THE BOARDMark Sumner
President & CEOFor further information please contact:Kaitlin Taylor, Investor Relations
investors@dauragold.com William T.P. Tsang, CFO and Secretary
(604) 669-0660
btsang@seabordservices.comCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:Information set forth in this news release contains forward-looking statements, including, without limitation, the anticipated timing for the Company’s initial drilling at La Flora, the anticipated timing for the assay results from the Company’s drilling program at Cerro Bayo, the anticipated timing for the Phase Two drilling program at Cerro Bayo and the benefits of the parallel advancement of both target generation, initial drilling and follow-up drilling, being the creation of a sustained exploration pipeline with multiple opportunities for discovery across Daura’s growing Argentine portfolio. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: risks that the Company may not be able to initiate its drilling at La Flora as anticipated, or at all; risks that the Company may not obtain the assay results for the drilling program at Cerro Bayo as anticipated, or at all; risks that the Company may not be able to initiate its Phase Two drilling program at Cerro Bayo as anticipated, or at all; risks that the Company may not be able to realize the benefit of creating a sustained exploration pipeline with multiple opportunities for discovery across Daura’s growing Argentine portfolio from the Company’s parallel advancement of both target generation, initial drilling and follow-up drilling as anticipated, or at all; future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. 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. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296360 Original: Daura Gold Advances Option to Phase Two Drilling at Cerro Bayo and La Flora
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