Mr. William Tsang reports
DAURA GOLD ANNOUNCES COMPLETION OF 27 KM OF INDUCED POLARIZATION SURVEYING AND ADVANCES DRILL TARGET DEFINITION AT THE CERRO BAYO GOLD-SILVER PROJECT, SANTA CRUZ PROVINCE, ARGENTINA
Daura Gold Corp. has successfully completed 27 line kilometres of induced polarization (IP) profiling at the Cerro Bayo gold-silver project, located in Santa Cruz province, Argentina.
The completed IP program provides a robust geophysical framework that will be used to define and prioritize drill targets for the company's planned phase 1 drilling program totalling approximately 1,500 metres.
Key project highlights include:
- Completion of seven IP profiles across the project for an aggregated 27 line kilometres of pole-dipole survey;
- The seven profiles were sited over previously identified drill target areas to define targets for the phase 1 drill program, slated to begin in mid-February;
- The IP responses aided in the delineation of structurally controlled zones interpreted to represent silicified veins and mineralizing conduits.
Mark Sumner, chief executive officer of Daura Gold, commented: "The completion of seven pole-dipole IP survey lines marks an important milestone for Daura, providing valuable insight into the geometry and extent of potential mineralization across 15 priority targets within both our northern and southern target areas. The results have clearly delineated structurally controlled zones, which we interpret as potential mineralizing conduits and feeder structures. This data will play a key role in refining and prioritizing drill targets ahead of our planned phase 1 drill program."
Cerro Bayo: electrical induced polarization (IP) surveys and preparation for drilling
A pole-dipole IP profiling program has been completed, consisting of four lines in the southeastern area and three additional, shorter lines in the northwestern area, for a total of approximately 27 line kilometres. Fifteen drill targets were generated from the integration of previous geochemical sampling and a previous gradient array IP survey covering the southern area of the licence area.
A phase 1 program of 22 diamond drill holes for approximately 1,500 m aims to test the 15 targets for approximately 1,500 m diamond drilling. In the northern target area, three IP profile lines were completed and eight drill targets have been identified, of which three targets will be tested with eight diamond drill holes for 500 m. In the southern area seven drill targets will be tested with 14 drill holes for 1,000 m of diamond drilling.
Next steps
In parallel with the Q1 2026 drill program, Daura has initiated a regional gradient array IP survey in the northern part of the licence area. Results from this work will be integrated with existing geological and geochemical data sets to support the second phase of the drill program.
Awareness campaign
Daura Gold has also entered into an awareness campaign service agreement with Resource Stock Digest (RSD), under the terms of which RSD will create in-depth reports on behalf of the company and distribute such reports to its existing database. It will also purchase media to generate new interest in the company, including display advertisements, native advertisements and e-mail dedicated advertisements. The term of the service agreement is for one year starting Feb. 1, 2026, with a one-time fee of $100,000 (U.S.). All fees payable by the company to RSD pursuant to the terms of the service agreement will be paid out of general working capital of the company.
RSD is owned and operated by Nicholas Hodge and Gerardo Del Real, and is based in Texas, United States. The company and RSD act at arm's length, and RSD has no present interest, directly or indirectly, in the company or its securities, or any right or present intent to acquire such an interest, except that Mr. Hodge owns or controls 250,000 common shares of the company and 250,000 share purchase warrants.
The service agreement is subject to the approval of the TSX Venture Exchange. RSD has agreed to comply with all applicable securities laws and the policies of the exchange in providing the services to the company under the service agreement.
Qualified person
Stuart Mills, QP, is the company's qualified person as defined by NI 43-101, and has reviewed and approved the scientific and technical information contained in this news release. Mr. Mills is not independent of the company, as he is the company's vice-president of exploration.
About Daura Gold Corp.
Listed on the TSX Venture Exchange, Daura is exploring in Peru and Argentina.
In Peru, Daura is advancing high-impact exploration projects in Peru's renowned Ancash region, where it owns a 100-per-cent undivided interest in over 15,900 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target and the 2,900 hectares of contiguous concessions at Libelulas, which is the primary focus of Daura's current exploration efforts.
In Argentina, Daura have entered into a binding letter agreement with Latin Metals Inc., for the right to earn up to an 80-per-cent interest in the Cerro Bayo/La Flora project. The project is located within the prolific Deseado Massif that hosts more than 30 mines and advanced exploration projects, including Newmont's Cerro Negro mine, Hochschild/McEwen's San Jose mine and Patagonia Gold's Cap Oeste mine. Cerro Bayo/La Flora are advantageously positioned within this world-class mining region, with strong community support and well-developed logistics.
We seek Safe Harbor.
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