11:32:44 EST Sun 08 Feb 2026
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Daura Gold Corp
Symbol DGC
Shares Issued 42,926,157
Close 2025-07-16 C$ 0.17
Market Cap C$ 7,297,447
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Daura Gold agrees to acquire five concessions in Peru

2025-07-16 18:25 ET - News Release

Mr. William Tsang reports

DAURA GOLD EXPANDS LAND POSITION WITH AGREEMENT TO ACQUIRE STRATEGIC CLAIMS ADJACENT TO ANTONELLA AND BONITA PROJECTS

Daura Gold Corp. has reached an agreement to acquire five strategic mineral concessions totalling approximately 2,900 hectares in the Ancash department of Peru. The project surrounds the southern half of the company's Antonella project and bordering Highlander Silver's San Luis project to the south. The project shares multiple borders to the south and east of the Bonita target where Highlander is currently drilling. The acquisition will further consolidate Daura's land position in one of Peru's most prospective gold and silver districts.

The concessions, highlighted in red with black frame, lie within the highly prospective Pucajirca volcanic centre, a region known for hosting the San Luis, Antonella and Bonita vein systems. These vein systems are part of the Calipuy group, which is geologically characterized by andesitic lava flows and pyroclastic ash deposits rich in lithic fragments. While these volcanic units remain largely unaltered across most of the district, they display intense argillic alteration and pervasive silicification near mineralized veins -- key indicators for precious metals mineralization.

Inside these concessions, zones shown as 1, 2 and 3, are among the immediate development targets to explore.

Luis Saenz, Daura chief executive officer, commented: "This acquisition marks a further step in Daura's strategy to consolidate and control one of the most geologically compelling gold-silver districts in Peru. The proximity of these new claims to both the Antonella and Bonita vein systems, along with strong structural and geological continuity, provides an exciting opportunity to extend known mineralization and make new discoveries. We believe these concessions significantly enhance the scale and upside potential of our exploration portfolio."

Daura will assume all concession fees due and payable to Ministry of Mines associated with the project. The project will be transferred for the price of $1.00 (U.S.) per mining concession and a 1-per-cent NSR (net smelter return) royalty in favour of the vendor. Prior to the commencement of mine construction on the project, Daura may buy back 50 per cent of the royalty for $250,000 (U.S.). Completion of the acquisition of the project remains subject to the negotiation of definitive documentation and the satisfaction of customary closing deliverables.

Geological and structural analysis indicates that the vein systems across the Antonella and Bonita projects are controlled by northwest-southeast-trending faults associated with the broader Andean fault system and are complemented by secondary east-west and northeast-southwest-oriented faults. Importantly, the newly acquired claims by DGC fall directly within this structural corridor.

Early fieldwork and mapping have identified vein outcrops in Zone 1, with evidence of vein continuity extending southwest into Zone 2 -- suggesting the potential for a continuous, mineralized vein system connecting the Antonella and Bonita zones. These features underscore the high prospectivity of Zones 1, 2 and 3 for hosting additional gold- and silver-bearing veins.

Historical drilling on both the Antonella and Bonita projects has confirmed the presence of gold-silver mineralization at depth, with the most robust vein structures and highest grades found toward the southwest -- directly aligned with the location of Daura's new claims. This trend strongly supports the interpretation that these newly acquired concessions could host a direct continuation of the Au-Ag mineralized system, significantly enhancing Daura's discovery potential in the region.

Qualified person

All scientific and technical information contained in this news release has been reviewed, verified and approved by Owen D. W. Miller, PhD, member of AIG, a qualified person as defined in National Instrument 43-101. Dr. Miller acts as an independent third party consultant of the company.

About Daura Gold Corp.

Listed on the TSX Venture Exchange, Daura Gold is advancing high-impact exploration projects in Peru's renowned Ancash region. Daura Gold owns a 100-per-cent undivided interest in over 13,000 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target, which is the primary focus of Daura Gold's current exploration efforts.

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