Mr. Mark Sumner reports

DAURA GOLD COMMENCES DRILLING AT CERRO BAYO GOLD-SILVER PROJECT, ARGENTINA

Daura Gold Corp. has commenced its phase 1 diamond drilling program at the Cerro Bayo gold-silver project, located in Santa Cruz province, Argentina. Cerro Bayo is located in Argentina's premier gold-silver district, the Deseado massif, which has produced more than 600 million ounces of silver and more than 20 million ounces of gold since 1990 and hosts major mines such as Newmont's Cerro Negro and Hochschild's San Jose. See the details of Daura's option agreement on Cerro Bayo in the company's news release dated Nov. 3, 2025.

"The commencement of drilling at Cerro Bayo is a key milestone for Daura and marks the first systematic drill test of this highly prospective project," said Mark Sumner, chief executive officer of Daura Gold. "With 15 well-defined targets supported by geochemistry and IP [induced polarization] geophysics, this phase 1 program gives us multiple opportunities for discovery and represents an important step in unlocking this project's potential."

Drill program overview

The phase 1 drilling program will consist of approximately 22 diamond drill holes totalling 1,500 metres, designed to test 15 priority exploration targets generated from the integration of historical geochemical sampling, gradient-array induced polarization (IP) survey and defined by IP profiling.

In the northern target area, three pole-dipole IP profile lines were completed, resulting in the identification of eight drill targets. Initial drilling will focus on three priority targets, which will be tested with 10 diamond drill holes totalling approximately 500 metres.

In the southern target area, seven priority drill targets have been outlined and will be tested with 14 diamond drill holes totalling approximately 1,000 metres. These targets are associated with apparent resistivity features that coincide with the surface geochemical responses and are interpreted as structural controls, consistent with the project's low-sulphidation epithermal gold-silver mineralization model.

The objective of the program is to confirm the presence, continuity and orientation of mineralized structures at depth while advancing multiple target areas toward potential follow-up drilling.

The company will provide updates as drilling progresses and analytical results are received and interpreted.

Qualified person

Stuart Mills 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 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, which 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.

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