Mr. Mark Sumner reports

DAURA GOLD PROVIDES AN UPDATE ON DRILLING AT CERRO BAYO & AI-SUPPORTED ANALYTICS FOR DRILL TARGETING

Daura Gold Corp. has provided an update on 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 hosts major mines like Newmont's Cerro Negro and Hochschild's San Jose.

Daura has completed 14 holes across 10 drill targets and assays are pending. The company has also commenced drilling on three step-back holes at the Ingrid, Elena and Eugenia target areas. The results from the first 14 holes are pending and the company will publish the data when the assays are received in the next four to six weeks.

Stuart Mills, vice-president of exploration for Daura, commented: "We are pleased with the progress of our drilling program so far, having completed 14 holes across 10 targets. Stepping back from holes 5, 12 and 14 is expected to provide greater clarity on the broader system and help guide our next phase of drilling. We look forward to reporting results as they become available. In parallel, Geomorphic's AI platform continues to enhance our targeting by optimizing drill placement through real-time data integration and vectoring."

The company is using Geomorphic AI's proprietary AI-driven (artificial intelligence) geoscience platform. Geomorphic provides remote geological and data science support for Daura's continuing drill program at Cerro Bayo, including geochemical baseline analysis, pathfinder modelling, spatial vectoring, target ranking and real-time drill result integration. The work is powered by proprietary AI geology agents that streamline multielement statistics, anomaly detection and target scoring. As new assay data arrive, the agents cross-validate results against the surface geochemistry model, flag discrepancies and update targeting recommendations. Geomorphic has also built custom field tooling, including assay bulletins, and a scored blind-target catalog to help Daura prioritize drill collar placements. The continuous feedback loop between field results and model refinement sharpens targeting with every hole drilled.

See the details of Daura's option agreement on Cerro Bayo in the company's news release dated Nov. 3, 2025.

Qualified person

Stuart Mills is the company's qualified person as defined by National Instrument 43-101, Standard of Disclosure for Mineral Projects, and has reviewed, verified and approved the scientific and technical information contained in 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 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-per-cent undivided interest in over 16,900 hectares of mineral concessions in the prolific Ancash region, including the 900-hectare Antonella target and the 2,900 hectares of contiguous concessions at Libelulas, which is the primary focus of continuing exploration activities.

In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an 80-per-cent interest in the Cerro Bayo/La Flora project, located in the prolific Deseado massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San Jose and Cap Oeste. The project benefits from established infrastructure, strong community support and active exploration programs, including drilling and induced polarization geophysical surveys.

About Geomorphic AI

Geomorphic AI is an AI-driven minerals prospect generator with a proprietary geoscience platform. It deploys a purpose-built team of specialized AI agents for mineral exploration covering geology, geochemistry, permit screening, data capture and report writing. These agents collaborate like a seamless digital exploration team. An orchestration engine autonomously evaluates targets via a structured workflow (permits, environment, geochemistry, geology) with quality gates at every step. A persistent evidence store captures every finding -- drill intercepts, geochemical anomalies, permit checks -- with source, confidence and co-ordinates. Geomorphic also builds custom tools for clients, such as log digitization, 3-D modelling, data room analysis and report validation, with each engagement strengthening the platform. Geomorphic AI is co-founded by Mark Sumner, president, chief executive officer and chairman of Daura, and Jeff Phillips, a consultant of Daura. Daura will not pay Geomorphic AI for the services rendered by Geomorphic AI to Daura in respect of the project.

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