Northwire Canada EditionWednesday, August 5, 2026
Northwire
NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% ARTG 37.67 +7.3% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% EFR 17.43 −3.8% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% ARTG 37.67 +7.3% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% EFR 17.43 −3.8%
Drill Results

Daura Gold Starts Geophysical Surveying and Drill Targeting at the Cerro Bayo Gold-Silver Project, Santa Cruz Province, Argentina

Daura Gold Advances Argentine Play with Geophysics; Share-Based Payment Signals Cash Conservation

Executive Summary

The most recent news (December 22, 2025) announces the commencement of Induced Polarization (IP) geophysical surveys at the Cerro Bayo gold-silver project in Santa Cruz, Argentina. This is a follow-up to the binding option agreement signed in November 2025 with Latin Metals Inc. The company has identified five priority target areas and is preparing for a 1,500-meter Phase 1 drill program scheduled for Q1 2026. Additionally, the company satisfied an initial US$200,000 option payment by issuing 744,992 common shares at a deemed price of C$0.37 per share.

Material Impact
  • Operational Progress: The news indicates that Daura Gold is moving quickly from acquisition to active exploration on the Cerro Bayo project. Geophysics is a standard precursor to drilling, necessary to refine targets.
  • Capital Management: By electing to pay the US$200,000 option payment in shares rather than cash, the company is preserving its treasury for actual exploration work. The deemed price of $0.37 is significantly higher than the $0.25 financing price from October, minimizing dilution relative to the value received.
  • Strategic Shift: While the company’s flagship remains Antonella in Peru, the immediate focus on Argentina suggests a tactical pivot toward drill-ready targets while permitting and community work continue in Peru.
  • Expectations: The news is in line with the Nov 3, 2025, announcement where management stated their intent to advance high-grade targets. It confirms the "drill ready" status of Cerro Bayo.
DGC · Price
Company Overview

Daura Gold Corp. is a Canadian junior explorer focused on gold and silver in Peru and Argentina. - Flagship Project: Antonella (Peru), an epithermal gold-silver system in the Ancash department. It features high-grade surface samples (22.6 g/t Au) and historical drilling (e.g., 17.5m @ 3.27 g/t Au). - Secondary Project: Cerro Bayo/La Flora (Argentina), where the company is earning up to 80%. This project is located in the Deseado Massif, a prolific district. - Additional Assets: Yanamina (Peru), which hosts a historical (non-compliant) resource of ~200k oz gold.

Read the original news release →

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